Chief Financial Officer, CFO

Shoshone Health; Idaho; On-site; USD 180,000 - 280,000; Full time

Job summary

Shoshone Medical Center in Kellogg, Idaho seeks a dynamic Chief Financial Officer to oversee the hospital’s financial operations, ensure regulatory compliance, and drive strategic financial planning. This executive leader will partner with the CEO and Board to align finances with mission and growth goals.

The CFO will manage budgeting, reporting, risk management, and long-term investment strategies while leading cost-control and revenue-cycle initiatives.

Qualifications

• Bachelor’s degree in Finance, Accounting, Healthcare Management, or related field.
• MBA or comparable graduate degree preferred.
• Minimum of 7 years of progressive management experience in healthcare.
• Minimum of 5 years of executive-level financial leadership experience.
• Experience in Rural Critical Access Hospital preferred.
• Experience in financial planning, organizational assessments, and process improvements.
• Extensive experience with physicians, clinicians, and hospital leadership teams.

Responsibilities

• Maintain communication with the CEO and Board regarding hospital finances and operations.
• Develop and implement financial strategies aligned with the hospital’s mission and goals.
• Oversee accounting, corporate reporting, financial compliance, and operational efficiency.
• Ensure compliance with state and federal regulations, accreditation standards, and policies.
• Lead budgeting, forecasting, and investment strategies for long-term sustainability.
• Manage cash flow, forecasting, and cost-control measures.
• Collaborate with department managers on budgets, staffing, and performance improvements.
• Conduct financial audits and oversee internal controls.
• Support strategic planning with financial insights and analyses.
• Oversee benefits negotiations and competitive compensation packages.
• Provide administrative input in CEO absence and participate in on-call rotations.
• Represent the hospital at Board meetings and leadership forums.
• Fulfill the hospital’s mission in response to community and patient needs.
• Perform other duties as assigned.

Skills

Healthcare finance management

Regulatory compliance

Strategic financial planning

Executive leadership

Financial reporting

Education

Bachelor’s degree in Finance/Accounting/Healthcare Management

MBA or comparable graduate degree

Job description

Description

Chief Financial Officer (CFO)

Location: Kellogg, Idaho

About Us:

Shoshone Medical Center is a Rural Critical Access Hospital dedicated to providing high-quality, patient-centered care to our community. We are seeking a dynamic and experienced Chief Financial Officer (CFO) to oversee the hospital’s financial operations, ensuring fiscal responsibility, compliance, and operational efficiency while advancing our mission and strategic goals.

Position Summary:

The CFO is responsible for managing the day-to-day financial operations of the hospital, ensuring sound fiscal practices, compliance with regulations, and efficient service delivery. This executive leader will work closely with the Chief Executive Officer (CEO) and Board of Directors to align financial strategy with organizational objectives. The CFO will also oversee budgeting, financial reporting, risk management, and long-term financial planning.

Primary Responsibilities:

• Maintain regular communication with the CEO and Board of Directors regarding hospital financial status, operations, and key issues.
• Develop and implement financial strategies that align with the hospital’s mission and strategic goals.
• Oversee all accounting, corporate reporting, financial compliance, and operational efficiency.
• Ensure compliance with all state and federal regulations, accreditation standards, and internal policies.
• Lead financial planning, budgeting, and investment strategies to support long-term sustainability.
• Manage cash flow, financial forecasting, and cost-control measures.
• Work with department managers to establish operating budgets, staffing levels, and performance improvement initiatives.
• Conduct financial audits, oversee internal controls, and ensure accountability in financial management.
• Participate in the hospital’s strategic planning process and support decision-making with financial insights.
• Oversee benefits negotiations to provide competitive compensation and benefits packages.
• Provide administrative oversight in the absence of the CEO and participate in on-call administrative rotations.
• Represent the hospital at Board meetings and other leadership forums.
• Ensure optimal fulfillment of the hospital’s mission in response to community and patient needs.
• Perform other duties as assigned.

Qualifications:

• Strong knowledge of legal, regulatory, and ethical standards in hospital finance and healthcare administration.
• Understanding of the principles and practices of hospital financial management and administration.

Education & Experience:

• Education:
  • Bachelor’s degree in Finance, Accounting, Healthcare Management, or a related field.
  • MBA or comparable graduate degree (preferred).
• Experience:
  • Minimum of 7 years of progressive management experience in the healthcare industry.
  • Minimum of 5 years of executive-level financial leadership experience (preferred)..
  • Experience in a Rural Critical Access Hospital (preferred).
  • Experience in financial planning, organizational assessments, and process improvements in healthcare settings.
  • Extensive experience working with physicians, clinicians, and hospital leadership teams.

Why Join Us?

• Competitive salary and comprehensive benefits package.
• Opportunity to make a meaningful impact in a Rural Critical Access Hospital.
• Collaborative and mission-driven work environment.
• Leadership role with direct influence on hospital financial strategy and operations.

Requirements

• Bachelor’s degree in Finance, Accounting, Healthcare Management, or a related field.
• Minimum of 7 years of progressive management experience in the healthcare industry.
• Strong experience in revenue cycle management, including billing and denial management.