Chief Financial Officer

Chicagofamilyhealth; Chicago (IL); Hybrid; USD 250,000 +; Full time

Job summary

A healthcare organization in Chicago is seeking a seasoned CFO to lead Finance, Accounting, and IT. The ideal candidate will have over 8 years of financial accounting experience, particularly in healthcare settings, and will partner with the executive team to ensure operational excellence. This role offers a high-impact executive position with competitive compensation and primarily onsite work with limited hybrid options.

Benefits

Competitive compensation and benefits

Collaborative, values-driven leadership team

Qualifications

• 8+ years of progressive financial accounting experience, including 4+ years in a healthcare or nonprofit organization.
• Deep knowledge of finance, accounting, budgeting, audit, cost controls, and internal controls in a clinical/healthcare setting.
• Demonstrated leadership of revenue cycle operations and payer reimbursement (including Medicare).
• Proven experience preparing and presenting Board-level financials.

Responsibilities

• Partner with executive and clinic leaders to shape organizational strategy and financial plan.
• Lead annual budget development and rolling forecasts.
• Oversee general accounting, GL, AP, cashiering, and cost accounting systems.
• Direct patient accounting, claims processing, and collections.
• Build and lead a high-performing team: hire, train, coach.

Skills

Financial Strategy

Healthcare Reimbursement

Revenue Cycle Optimization

GAAP & Compliance

Internal Controls

Audit Readiness

Cost Accounting

Forecasting & Modeling

Change Management

Executive & Board Communication

Cross-Functional Collaboration

Education

Bachelor's degree in Accounting

MBA preferred

CPA and/or healthcare finance certification

Tools

ERP/GL

EHR/PM

Revenue cycle tools

Job description

Overview

Chicago Family Health Center is a mission-driven, multi-site healthcare organization seeking a seasoned CFO to lead Finance, Accounting, Revenue Cycle, and IT. The CFO serves as a strategic partner to the CEO and executive team—owning financial strategy, safeguarding compliance, and enabling operational excellence in a complex, payer-driven environment.

Location: Chicago, IL · Work Setting: Full-time, primarily onsite with limited hybrid flexibility

Reports to: Chief Executive Officer · Team: Finance, Accounting, Revenue Cycle & IT

Requirements

Education and Experience

• Bachelor’s degree in Accounting required; MBA preferred.
• 8+ years of progressive financial accounting experience, including 4+ years in a healthcare or nonprofit organization.
• Deep knowledge of finance, accounting, budgeting, audit, cost controls, and internal controls in a clinical/healthcare setting.
• Demonstrated leadership of revenue cycle operations and payer reimbursement (including Medicare).
• Proven experience preparing and presenting Board-level financials.
• Strong systems orientation (ERP/GL, EHR/PM, revenue cycle tools) and partnership with IT.
• Skilled people leader with a track record of developing teams and improving processes.
• Preferred CPA and/or healthcare finance certification.

What You’ll Do

Strategic leadership

• Partner with executive and clinic leaders to shape organizational strategy and the financial plan.
• Interpret complex funding streams (e.g., commercial payers, Medicare/Medicaid, grants) and model program impact.

Financial planning & analysis

• Lead annual budget development and rolling forecasts.
• Analyze, prepare, and present timely monthly financial statements and dashboards to leadership and the Board.

Accounting & controls

• Oversee general accounting, GL, AP, cashiering, and cost accounting systems.
• Establish and enforce financial policies, internal controls, and compliance with GAAP and all local, state, and federal requirements.
• Ensure accurate, on-time tax filings and government reports.

Revenue cycle & reimbursement

• Direct patient accounting, claims processing, and collections; monitor billing/collection patterns and drive corrective action.
• Interpret and enforce third-party payer rules and Medicare requirements; ensure cost reporting and related filings are completed.

Operations & technology

• Partner with IT on financial systems, data integrity, security, and automation that support revenue cycle and reporting.

People leadership

• Build and lead a high-performing team: hire, train, coach, set objectives, and optimize staffing and workflows.

What Success Looks Like (12–18 Months)

• Independent audit free of adjustments with strong internal control environment.
• All required state/federal reports and returns filed on time.
• Annual budget completed per approved calendar; monthly financials delivered to the Board by the subsequent month.
• Days Cash on Hand and Days in A/R at or better than budgeted targets.
• Debt service/coverage ratios in full compliance with lender covenants.

Why Join Us

• High-impact executive role shaping care access and sustainability.
• Collaborative, values-driven leadership team.
• Competitive compensation and benefits commensurate with experience.

To Apply

Please email your résumé to [e-mail] and a brief interest letter with subject line: CFO Application – [Your Last Name].

Competencies

Financial Strategy · Healthcare Reimbursement · Revenue Cycle Optimization · GAAP & Compliance · Internal Controls · Audit Readiness · Cost Accounting · Forecasting & Modeling · Change Management · Executive & Board Communication · Cross-Functional Collaboration