Interim CFO - Healthcare

E78 Talent

Illinois

On-site

USD 250,000 - 400,000

Full time

40 hours ago
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Job summary

E78 Talent is seeking an interim Chief Financial Officer for a nonprofit hospital to lead all financial operations and executive reporting.

The role requires extensive experience in healthcare finance, revenue cycle management, projections, and board-level communication. You will partner with clinical and operational leaders to drive financial discipline and strategic planning during a transformation.

Qualifications

  • Prior CFO or senior financial leadership experience within a hospital or health system.
  • Strong understanding of nonprofit healthcare financial operations.
  • Experience with hospital reimbursement, revenue cycle, payer mix, Medicare/Medicaid, and managed care.
  • Proven ability to manage cash flow, liquidity, budgeting, forecasting, and financial reporting.
  • Strong knowledge of healthcare accounting and financial controls.
  • Experience presenting financial results and recommendations to Boards and executive leadership.
  • Hands-on interim or transformation environment.
  • Experience stabilizing finance functions, improving processes, and leading teams through change.
  • Strong executive presence with the ability to communicate complex financial information clearly to both financial and non-financial stakeholders.
  • CPA or MBA preferred.

Responsibilities

  • Lead all financial operations, including accounting, FP&A, treasury, revenue cycle oversight, budgeting, forecasting, and financial reporting.
  • Provide timely and accurate financial reporting to executive leadership and the Board.
  • Lead cash flow forecasting, liquidity management, and working capital initiatives.
  • Evaluate operating performance, margins, labor costs, service-line profitability, and other key hospital financial metrics.
  • Partner with operational leaders to improve financial discipline, accountability, and decision-making.
  • Oversee the annual budget and forecast process and strengthen financial planning processes where needed.
  • Support revenue cycle performance, including patient collections, reimbursement trends, denials, AR, and payer mix.
  • Ensure compliance with applicable healthcare accounting, regulatory, audit, and reporting requirements.
  • Manage relationships with auditors, lenders, banks, and other external stakeholders as needed.
  • Evaluate the strength and structure of the finance organization and provide leadership, mentoring, and recommendations for improvement.
  • Support strategic initiatives, capital planning, cost reduction, and performance improvement efforts.
  • Assist with the transition to a permanent CFO, including documentation, knowledge transfer, and onboarding support.

Skills

Financial operations
Cash flow forecasting
Liquidity management
Working capital
Financial reporting
Budgets
Forecasting
Revenue cycle
Payer mix
Medicare/Medicaid
Healthcare accounting
Financial controls
Board reporting

Education

CPA
MBA

Job description

  • Lead all financial operations, including accounting, FP&A, treasury, revenue cycle oversight, budgeting, forecasting, and financial reporting
  • Provide timely and accurate financial reporting to executive leadership and the Board
  • Lead cash flow forecasting, liquidity management, and working capital initiatives
  • Evaluate operating performance, margins, labor costs, service-line profitability, and other key hospital financial metrics
  • Partner with operational leaders to improve financial discipline, accountability, and decision-making
  • Oversee the annual budget and forecast process and strengthen financial planning processes where needed
  • Support revenue cycle performance, including patient collections, reimbursement trends, denials, AR, and payer mix
  • Ensure compliance with applicable healthcare accounting, regulatory, audit, and reporting requirements
  • Manage relationships with auditors, lenders, banks, and other external stakeholders as needed
  • Evaluate the strength and structure of the finance organization and provide leadership, mentoring, and recommendations for improvement
  • Support strategic initiatives, capital planning, cost reduction, and performance improvement efforts
  • Assist with the transition to a permanent CFO, including documentation, knowledge transfer, and onboarding support
Ideal Background
  • Prior CFO or senior financial leadership experience within a hospital or health system
  • Strong understanding of nonprofit healthcare financial operations
  • Experience with hospital reimbursement, revenue cycle, payer mix, Medicare/Medicaid, and managed care
  • Proven ability to manage cash flow, liquidity, budgeting, forecasting, and financial reporting
  • Strong knowledge of healthcare accounting and financial controls
  • Experience presenting financial results and recommendations to Boards and executive leadership
  • Demonstrated ability to operate effectively in a hands-on interim or transformation environment
  • Experience stabilizing finance functions, improving processes, and leading teams through change
  • Strong executive presence with the ability to communicate complex financial information clearly to both financial and non-financial stakeholders
  • CPA, MBA, or other relevant advanced credential preferred
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