Opportunity Details

Chief Financial Officer
Posted: 04/10/2025
Client name: Client Name Text
Job Function: Medical-Healthcare
Source: Source Text
Location: Albert Lea, Minnesota, US
Posted: 04/10/2025
Description

The CFO position at the client involves optimizing financial strategies to support patient care, community well-being, and long-term hospital sustainability. Working closely with the CEO and hospital Board, the CFO will identify growth opportunities and ensure that the organization's mission and vision are aligned. This role plays a crucial part in the financial management, strategic direction, and leadership of the critical access hospital, overseeing all financial aspects to maintain fiscal health and provide exceptional healthcare to the community.

Responsibilities of the CFO include developing and executing financial strategies, managing the hospital's budget, financial planning, reporting, and forecasting processes. The CFO will monitor and analyze financial performance, identify opportunities for revenue enhancement and cost optimization, and ensure compliance with regulatory requirements. Collaborative leadership and guidance are essential to foster a culture of transparency, accountability, continuous improvement, and respect within the organization. The CFO will also work closely with stakeholders, auditors, regulators, financial institutions, and various committees to present financial information, analyses, and recommendations.

The ideal candidate for this role will have a minimum of seven years of progressive financial leadership experience in a hospital setting, with previous experience in an executive position. A CPA or CHFP designation and comprehensive knowledge of healthcare finance, cost-based reimbursement, payor contracting, negotiations, and fiscal policy are preferred. Strong analytical, problem-solving, communication, and interpersonal skills are necessary for success in this position. The client is a high-performance recruiting firm specializing in executive leadership search, direct hire, and interim hiring solutions, with a team of seasoned professionals providing industry insight and connections to deliver tailored expertise across various industries.

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