Market CFO

This is a fully remote position, open to applicants in Texas.

📋 Description

• Provide executive financial leadership and oversight for the designated market.

• Direct the monthly, quarterly, and annual financial reporting processes.

• Spearhead the development, execution, and reporting of the annual strategic plan and operating budget.

• Oversee the monthly financial forecasts and projections.

• Monitor market and facility performance through financial and operational metrics.

• Identify variances, formulate corrective action plans, and collaborate with operational leaders on improvements.

• Offer actionable financial insights and recommendations to market and facility leadership.

• Develop and implement strategic business plans in conjunction with market and operational leadership.

• Lead financial analysis and pro formas for acquisitions, physician practice transactions, service line expansions, capital investments, and other strategic initiatives.

• Support the due diligence and financial evaluation of acquisitions and growth opportunities.

• Conduct performance reviews post-investment and acquisition.

• Develop and manage the market's capital expenditure plan.

• Identify opportunities for enhancing profitability, efficiency, revenue growth, and resource utilization.

• Act as a financial advisor and strategic business partner to market and facility leadership.

• Collaborate with Hospital CEOs, Market/Regional leadership, physicians, and operational stakeholders.

• Work alongside corporate functions including revenue cycle, accounting, treasury, supply chain, human resources, physician practice operations, payer contracting, and other departments.

• Support initiatives related to labor management, revenue optimization, expense management, physician alignment, and operational efficiency.

• Participate in strategic committees and organizational initiatives.

• Convert complex financial data into actionable recommendations.

• Ensure adherence to financial policies, procedures, and internal controls.

• Maintain financial governance and accountability throughout the market.

• Guarantee the accurate and timely completion of financial reporting, regulatory submissions, and required mandates.

• Monitor compliance with capital approval processes and contracting standards.

• Identify financial risks and create mitigation strategies.

• Lead, mentor, and develop the market finance team.

• Direct finance leaders and team members, including Hospital CFOs, Directors of Finance, and Financial Analysts.

• Set performance expectations and foster accountability, collaboration, continuous improvement, and professional growth.

• Develop emerging finance leaders and maintain succession plans.

• Ensure finance teams meet deadlines for reporting, forecasting, budgeting, and operational tasks.

• Promote consistent financial practices and processes across the market.

⛳️ Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field is required.

• An MBA or another advanced business degree is preferred.

• At least 8 years of progressive financial management experience is necessary.

• A minimum of 5 years in a leadership position is required.

• Experience in leading and developing high-performing finance teams within a complex, matrixed organization is essential.

• Preferred experience in supporting strategic growth initiatives, acquisitions, physician transactions, service line development, and capital planning.

• CPA certification is preferred.

• Ability to effectively partner with executive and operational leadership is crucial.

• Strong understanding of healthcare operating metrics and the link between operational performance and financial results is essential.

• Capacity to analyze intricate financial data, recognize trends and opportunities, and convert findings into actionable business recommendations.

• Exceptional strategic thinking, communication, influencing, and leadership abilities are required.

• Ability to manage multiple priorities and function effectively in a fast-paced environment is necessary.

🏝️ Benefits

• Comprehensive health, dental, and vision insurance coverage.

• Health Savings Account with employer contributions.

• Life insurance provision.

• Paid Time Off (PTO).

• 401(k) retirement plan with company matching contributions.