CFO-Ministry Market

Ascension Health; Milwaukee (WI); On-site; USD 314,000 - 549,000; Full time

Benefits offered by this job

Health coverage

Retirement plan

Paid time off

Career development

Wellbeing resources

Family benefits

Other perks

Job summary

Ascension Wisconsin is seeking a Chief Financial Officer to join our Finance leadership team in Glendale, WI. The CFO will steer financial strategy across reimbursement, revenue cycle, capital planning, and cost management to advance patient care and operational performance.

As an executive partner to hospital leaders, you will drive metrics, develop market-wide financial plans, oversee budgeting and forecasting, and ensure alignment with organizational goals and patient-focused outcomes.

Qualifications

• Bachelor's degree with 10 years of applicable cumulative job specific experience required, with 5 of those years in leadership/management.
• Master's Degree preferred.
• Multi-hospital financial leadership experience strongly preferred.
• Experience partnering with hospital CEOs, COOs, physician leaders, and other executives to develop and execute market-wide financial strategies.
• Strong background in financial planning and analysis, budgeting, forecasting, capital planning, revenue cycle, and expense management.
• Proven ability to lead and develop high-performing finance teams while influencing operational leaders across multiple facilities.
• Experience supporting hospital expansion, service line growth, acquisitions, and other strategic initiatives.
• Strong understanding of healthcare reimbursement, managed care, labor productivity, and financial performance improvement.

Responsibilities

• Serves as a key member of the Ministry leadership team and participates in the development and execution of the organization's vision, policies, and short/long-term objectives.
• Executes business strategies that improve overall performance metrics, focused on financial performance, quality, and consumer experience.
• Uses data-driven approaches to allocate resources and elevate financial performance and goals.
• Leads Market Executives in development of long and short-range Market operations plans with analyses of demand, productivity and cost-benefit.
• Partners with stakeholders to lead growth initiatives and proforma development with tracking and monitoring of performance.
• Forecasts impact of business decisions and expected financial results.

Skills

Strategic financial leadership

Executive collaboration

Data-driven decision making

Forecasting

Education

Bachelor's degree + 10 years experience, leadership

Master's degree preferred

Tools

Financial planning software

Revenue cycle management

Job description

Your future role at a glance

Ascension Wisconsin is looking for a Chief Financial Officer to join team.

• Department: Finance

• Location: Glendale, WI ( onsite)

How you’ll make an impact in this role

Core Responsibilities:

• Serves as a key member of the Ministry leadership team and participates in the development and execution of the organization's vision, policies, and short/long-term objectives.

• It is an executive leader who, in collaboration with other members of the executive team, generates and executes business strategies that improve overall performance metrics, specifically focused on financial performance, quality, and consumer experience.

• Uses data-driven approaches to allocate resources and elevate the organization's financial performance and goals.

• Leads Ministry Market Executives in the development of long and short-range Market operations plans which may include service demand analyses, resource availability analyses, productivity, and cost-benefit analyses of proposed capital and staff expansions. Recommends strategies based on financial, accounting, and industry trends.

• Partners with national and local key stakeholders to lead growth initiatives and proforma development including tracking and monitoring the performance of initiatives to ensure achievement.

• Forecast the impact of business decisions and expected financial results.

• Responsible for financial and economic information to identify trends and indicators that may impact business operations, planning, and investments.

• Engages for impact to bring national and local key stakeholders (physicians, clinical/non-clinical leadership) together to drive results, focusing on the revenue cycle process, management of expenses, and financial goal management.

• In alignment with national and local key stakeholders, review contracts, purchase agreements, and other financial arrangements to ensure compatibility with business goals and expectations about profitability. Ensure appropriate approvals are obtained.

• Serves as a liaison on financial matters among the Board of Directors, executive leadership, and management.

• Responsible for financial forecasts and performance against targets in collaboration with national and local key stakeholders in Financial Planning & Analytics.

• Identify and report undesirable trends and potential business opportunities and make recommendations for action.

• In alignment with national and local key stakeholders for Labor Management, leads facility productivity reviews and education in partnership with the COO and MME.

• Communicate financial operational performance with stakeholders, including Hospital administration, appropriate facility staff members, and Ministry Market Executives.

• In partnership with key national and local stakeholders within Case Management, leads throughput initiatives.

• In partnership with national and local key stakeholders, leads denial and appeal management reviews with the multidisciplinary team.

• In alignment with national and local key stakeholders, leads local charge capture reviews and revenue integrity efforts.

• Responsible for ensuring alignment with national business partners across strategy, labor, case management, etc.

• CFO will have Market leadership responsibility for Reimbursement, Managed Care, Revenue Cycle, Registration, Health Information, Supply Chain, Case Management, and Utilization Review.

• Attracts, recruits, and retains exceptional talent, cultivating engaged financial professionals, leaders, and support staff focused on financially sound business practices and decisions, and high-quality care driving the consumer experience.

• Fosters a culture of appreciation, belongingness, inclusivity, diversity, and equity to drive the associate experience.

#Le@der

What minimum requirements you’ll need

Licensure / Certification / Registration

• Required Credential(s):

• None Required.

Education

• Bachelor's degree with 10 years of applicable cumulative job specific experience required, with 5 of those years being in leadership/management.

• Master's Degree preferred

Preferred Qualifications:

• Multi-hospital financial leadership experience strongly preferred, including oversight of financial operations across multiple acute care hospitals within a health system or regional market.

• Demonstrated success driving financial performance, operational efficiencies, and strategic growth across complex healthcare organizations.

• Experience partnering with hospital CEOs, COOs, physician leaders, and other executives to develop and execute market-wide financial strategies.

• Strong background in financial planning and analysis, budgeting, forecasting, capital planning, revenue cycle, and expense management.

• Proven ability to lead and develop high-performing finance teams while influencing operational leaders across multiple facilities.

• Experience supporting hospital expansion, service line growth, acquisitions, and other strategic initiatives.

• Strong understanding of healthcare reimbursement, managed care, labor productivity, and financial performance improvement.#le@der

Benefits that help you thrive

• Comprehensive health coverage: medical, dental, vision, prescription coverage and HSA/FSA options

• Financial security & retirement: employer-matched 403(b), planning and hardship resources, disability and life insurance

• Time to recharge: pro-rated paid time off (PTO) and holidays

• Career growth: Ascension-paid tuition (Vocare), reimbursement, ongoing professional development and online learning

• Emotional well-being: Employee Assistance Program, counseling and peer support, spiritual care and stress management resources

• Family support: parental leave, adoption assistance and family benefits

• Other benefits: optional legal and pet insurance, transportation savings and more

Life at Ascension: Where purpose meets opportunity

Ascension is a leading nonprofit Catholic health system with a culture and associate experience grounded in service, growth, care and connection. We empower our 99,000+ associates to bring their skills and expertise every day to reimagining healthcare, together. Recognized as one of the Best 150+ Places to Work in Healthcare and a Military-Friendly Gold Employer, you'll find an inclusive and supportive environment where your contributions truly matter.

Equal employment opportunity employer

Ascension provides Equal Employment Opportunities (EEO) to all associates and applicants for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity or expression, pregnancy, childbirth, and related medical conditions, lactation, breastfeeding, national origin, citizenship, age, disability, genetic information, veteran status, marital status, all as defined by applicable law, and any other legally protected status or characteristic in accordance with applicable federal, state and local laws. For further information, view the EEO Know Your Rights (English) (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf) poster or EEO Know Your Rights (Spanish) (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRightsSp6.12.pdf) poster.

Min Salary: 313890.91

Max Salary 549309.09