Overview: The Company is providing post-acute care for patients while reducing the total cost of care. They are doing this through a creative means of finding care that solo physician practices typically cannot do on their own. They were founded 8 years ago and have grown into a high-margin, asset-light healthcare services business. The Company presently has 50+ providers providing services at 200+ facilities in 6 states. The Company intends to pursue additional organic growth (including market expansion) as well as pursuing tuck-in acquisitions over the next 12–24 months. The Company desires to establish institutional-level finance-function capabilities while maintaining appropriate investment relative to its scale. The CFO will help the company grow from founder-led finance to institutional-grade finance.
Location: The role is based at the Company’s office in Elgin, IL (Chicagoland area). This is an in-office position.
Pay: 200k Base, 30% bonus, 1.5% equity
Role Objective: Seeking a hands-on Chief Financial Officer to build and own the financial infrastructure of a growing, multi-market healthcare services platform. The CFO will be responsible for financial control, reporting, banking relationships, and acquisition support, while partnering closely with the Founder and external advisors on capital structure, governance, long-term value creation and external stakeholder confidence. This is a builder role, not a maintenance role.
Core Responsibilities:
Financial Operations & Controls
- Oversee revenue cycle management and billing integrity, in coordination with operations
- Own monthly close, reporting, and variance analysis
- Establish scalable accounting policies and internal controls
- Manage outsourced accounting and tax relationships
- Ensure compliance with healthcare-specific financial and regulatory requirements
- Prepare the Company for audited financial statements in coming years
Cash Flow, Forecasting & Planning
- Build and maintain cash forecasts and monitor liquidity considerations
- Manage treasury functions, including cash positioning and disbursements
- Prepare and manage the annual budget process
Banking & Capital Relationships
- Primary point of contact for lenders and banking partners
- Support establishment and ongoing management of credit facilities
- Prepare lender reporting, covenant compliance, and ad-hoc analyses
M&A & Integration Support
- Support acquisition evaluation, modeling, and diligence
- Assist with deal structuring and financing coordination
- Lead post-close financial integration and reporting
Leadership & Partnership
- Act as a true thought partner to the Founder
- Participate in executive management dialogues with Ownership regarding enterprise-level considerations (i.e. Board-level discussions)
- Build an appropriately-scaled, high-quality finance function over time
Expectations of Role: This role is anticipated to require hands-on and detail-oriented effort, as there is no CFO or established finance team at present. The CFO will be one of the key leaders of the business, highly visible internally and externally, and will be central to risk management and decision support. The CFO is expected to possess strong judgment, low ego, high accountability, and a self-starting orientation.
Ideal Candidate Profile:
- 10–20 years of progressive accounting and/or finance experience
- Background in healthcare services, provider groups, or similarly regulated industries strongly preferred
- Experience working with banks, lenders, and/or professional equity investors
- Comfortable operating in a lean environment with systems which require development
- Prior CFO experience is helpful but not required if the candidate has demonstrated ownership of core CFO-level responsibilities
- CPA background is preferred
