Chief Financial Officer
High-Growth, Multi-Site Healthcare Organization | Elmhurst, IL
- Up to $225,000 Base Salary with Some Flexibility + Annual Bonus
- On-site – 5 days per week to Elmhurst, IL
Company Overview
We are partnering with one of the fastest-growing alternative mental healthcare providers in the U.S., a rapidly expanding multi-site organization delivering innovative, evidence-based treatments for patients with treatment-resistant mental health conditions. The organization currently operates 12 locations across four states and has been growing at approximately 2x or better annually. Its primary revenue streams are generated through private insurance and Medicare reimbursement. As the company enters its next stage of expansion, it is continuing to build its internal finance infrastructure and is seeking a Chief Financial Officer to help develop a scalable finance organization capable of supporting significant continued growth.
The Opportunity
The Chief Financial Officer will serve as a strategic and operational finance partner to the CEO and COO, with responsibility for financial planning, reporting, cash management, revenue cycle management, systems, and the continued build-out of the finance function. This is a hands-on builder opportunity, rather than a traditional executive-level CFO position where established teams and processes are already in place. The CFO will inherit a small finance team while bringing additional accounting and finance responsibilities in-house that have historically been supported by an external accounting firm. The position is particularly well suited for an accomplished Controller, VP of Finance, Head of Finance, or first-time CFO candidate who has significant healthcare experience and is ready to take ownership of the broader finance organization.
Key Responsibilities
Financial Planning & Analysis
- Partner directly with the CEO and COO to develop financial and operational roadmaps supporting the company's strategic objectives
- Lead development of the financial forecast across all locations
- Build forecasting models incorporating real-time headcount, physical capacity, staffing capacity, and treatment modality
- Develop departmental reporting that measures actual performance against forecast
- Maintain rolling 13-week cash flow forecasts
- Provide financial analysis supporting operating and strategic decisions
- Develop and monitor financial and operational KPIs across the organization
Accounting & Financial Reporting
- Oversee the development and review of monthly financial statements
- Lead financial reporting and preparation of materials for the Board
- Strengthen financial processes, controls, documentation, and reporting as the organization scales
- Build greater audit readiness into the finance and accounting function
- Coordinate tax preparation and work with external tax advisors
- Help transition appropriate accounting and finance responsibilities from external providers to the internal team
Revenue Cycle Management
- Provide financial leadership and oversight of the Revenue Cycle Management function
- Oversee billing, adjustments, denials management, cash collections, and patient account resolution
- Evaluate fee schedules and reimbursement economics
- Support and participate in payer contract negotiations
- Analyze the financial impact of private insurance and Medicare reimbursement
- Partner with operational teams to identify opportunities to improve collections, reimbursement, and overall revenue-cycle performance
Strategic Finance & Business Partnership
- Serve as a key financial partner to executive leadership and operating departments
- Evaluate new contracts and renewals and assist with negotiations
- Conduct market and financial analysis supporting expansion into new facilities, geographies, and service lines
- Assess the financial viability and expected returns of growth opportunities
- Translate financial information into actionable recommendations for non-finance leaders
- Work cross-functionally across clinical, operational, technology, and administrative teams
Systems, Technology & Process Improvement
- Help modernize and scale the company's financial infrastructure
- Partner with IT resources on BI technology, financial reporting tools, KPIs, and software implementations
- Evaluate opportunities to automate manual financial and reporting processes
- Utilize BI, AI, CRM, and other technology to improve financial visibility and decision-making
- Develop scalable processes capable of supporting continued rapid expansion
Team Leadership
- Lead and mentor the existing finance team
- Help recruit and build additional internal finance and accounting capabilities as the organization grows
- Establish clear ownership, processes, controls, and accountability across the finance function
- Remain willing to work directly in the details while simultaneously developing the broader finance organization
- Create an environment focused on professional development and continuous process improvement
Ideal Candidate Profile
- Bachelor's degree in Accounting, Finance, or a related discipline
- 8+ years of progressively responsible finance and accounting experience
- Healthcare industry experience required
- Strong understanding of a healthcare business where private insurance and Medicare reimbursement are primary revenue sources
- Experience within a multi-site healthcare provider, outpatient healthcare organization, physician practice, behavioral health platform, or similar healthcare environment strongly preferred
- Strong financial modeling, forecasting, cash flow, and analytical capabilities
- Experience partnering directly with senior executives and operational leaders
- Understanding of healthcare Revenue Cycle Management, including billing, collections, denials, reimbursement, and payer relationships
- Experience building or improving finance processes, systems, reporting, and internal controls
- Ability to operate effectively within a rapidly growing and entrepreneurial organization
- Strong cross-functional business partnership and communication skills
- Comfortable leading a small team while remaining highly involved in day-to-day execution
- CPA or MBA preferred
Why This Opportunity
- Step into the top full-time finance leadership position for one of the fastest-growing alternative mental healthcare providers in the country
- Join an organization currently growing at approximately 2x or better annually
- Direct partnership with the CEO and COO on strategic and operational decision-making
- Opportunity for a strong Controller or VP of Finance to step into a CFO position
- Build and scale a finance organization rather than simply maintain an established function
- Broad ownership spanning FP&A, accounting, cash flow, RCM, systems, technology, expansion analysis, and team development
- Significant influence over the financial infrastructure supporting the company's next stage of growth
- Opportunity to combine hands-on execution with executive-level strategic finance responsibilities
