Chief Financial Officer CFO

Bileddo Associates; California; On-site; USD 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a strategic Chief Financial Officer to lead financial operations in a critical access hospital. This pivotal role requires a forward-thinking leader who can navigate the complexities of healthcare reimbursement and regulatory compliance while driving innovation and optimizing resources. The ideal candidate will have extensive experience in financial leadership within healthcare, particularly in critical access settings. Join a mission-driven organization that values financial accountability and is committed to enhancing community health through effective management and strategic financial planning.

Qualifications

• 7+ years of financial leadership experience in healthcare, with 5+ years in a senior role.
• Expertise in managing financial operations in a hospital or healthcare system.

Responsibilities

• Oversee and manage financial operations to ensure fiscal health and sustainability.
• Provide expert financial consultation and recommend operational improvements.

Skills

Financial Leadership

Healthcare Financial Management

Revenue Cycle Management

Cost Reporting

Payer Relationship Management

Budget Management

Education

Bachelor’s degree in Accounting, Finance, Business Administration

Master’s degree in Business Administration (MBA)

Master’s degree in Healthcare Administration (MHA)

Job description

Chief Financial Officer

Central California

Our client is a 25 bed Critical Access not for profit hospital centrally located in California. Minutes to wine country and over 300 wineries!

The Chief Financial Officer (CFO) serves as a strategic leader, overseeing and managing the financial operations of the system. This role is responsible for directing, supervising, and coordinating financial functions to ensure fiscal health and sustainability while supporting the organization’s mission and goals. The CFO works closely with the Chief Executive Officer (CEO) and executive leadership team to provide expert financial consultation, identify opportunities for efficiency, and recommend policies and operational improvements. This position requires a forward-thinking approach to navigating the complexities of healthcare reimbursement, regulatory compliance, and financial strategy in today’s dynamic environment. The CFO plays a pivotal role in driving innovation, optimizing resources, and fostering a culture of financial accountability throughout the system.

Below are some non-negotiables for the CFO Positions:

• Recent California experience
• Experience working in a Critical Access Hospital (CAH) setting (this doesn’t have to be specific to California).
• Must have strong background with cost report, physician (wRVU) productivity, and alternative payment models.

QUALIFICATIONS

Education:

• Required: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Preferred: Master’s degree in Business Administration (MBA), Healthcare Administration (MHA), or a related advanced degree.

Work Experience:

• Minimum of 7 years of progressive financial leadership experience in healthcare, with at least 5 years in a senior financial management role such as CFO, Vice President of Finance, or similar.
• Proven track record of success in managing financial operations in a hospital or healthcare system, preferably in a critical access hospital or rural healthcare setting.
• Significant experience with value-based care, alternative payment models, and payer relationship management.
• Demonstrated expertise in revenue cycle management, including tracking and improving key metrics.
• Experience preparing and managing operating and capital budgets, including long-term financial planning.
• Familiarity with California-specific healthcare regulations, including Medi-Cal reimbursement structures Healthcare Access and Information (HCAI), reporting, and California Department of Health Care Services (DHCS) requirements.

For prompt and confidential consideration, please apply to the link below!

Click here to apply online