Regional Chief Financial Officer, Multi-Site Medical Group (Hybrid)

ZipRecruiter; Cincinnati (OH); Hybrid; USD 190,000 - 240,000; Full time

Job summary

A leading healthcare organization in Cincinnati is searching for a Regional Chief Financial Officer to align financial strategies with operational goals. This key role involves financial oversight, team leadership, and strategic growth initiatives to drive profitability and improve financial performance across practice partnerships. Candidates should possess considerable healthcare financial experience and strong leadership capabilities.

Benefits

Bonus potential up to 30%

Equity/Stock eligibility with parent company

Qualifications

• Minimum seven years of financial experience in healthcare required.
• Experience with large multisite medical groups highly desirable.
• Ability to explain complex financial results to physicians shown.

Responsibilities

• Build and coach the financial operations team.
• Manage financial reporting and physician compensation.
• Drive financial growth and operational performance.

Skills

Financial Analysis

Strategic Planning

Relationship Building

Complex Financial Understanding

Deadline Management

Education

Undergraduate or graduate degree in Accounting/Finance/Economics

Master's degree

Tools

SAGE Intacct

PeopleSoft

Hyperion

Job description

Job DescriptionJob Description

Elite Midwest Orthopedic Group seeks a Regional Chief Financial Officer. This is a hybrid role and will require 1 to 2 days onsite in the corporate office, based in Cincinnati, Ohio.

Responsibilities:

• Build, lead, and coach the financial operations team
• Support consistently growing EBITDA through leading profitable top-line growth initiatives, developing new partnerships, effectively managing expenses, and supporting development process (M&A)
• Serve as a strategic business partner with Operations leads to identify performance improvement opportunities and helping them “think around the corner” financially
• Represent the Executive Team at partnership, or board meetings
• Create and implement opportunities which drive financial growth and operational performance
• Manage the reporting of physician compensation, financial results, and identification of key drivers monthly. This will be accomplished through direct communication with key stakeholders, including physician-owners, regional operations leads, and internal leadership.
• Build positive relationships with CEO, regional operations leads, finance team, and physician-owners – functioning as a trusted advisor.
• Assess and evaluate financial performance of portfolio of practice partnerships with regard to long- and short-term financial goals, budgets, and forecasts
• Perform operational variance analyses to identify favorable or unfavorable business trends
• Partner with accounting team to ensure accuracy of monthly financial statements
• Coach practice executives and regional operations on financial matters and areas of improvement
• Participate in key decisions as they relate to strategic initiatives and operational models
• Prepare and present monthly financial results by practice partnership to internal and external leaders
• Review and analyze monthly financial results, physician compensation, and provide insight and recommendations on trajectory of business
• Oversee cash, investments, lending and leasing needs, and asset management for the partnership(s)
• Manage special transactions including equity changes, debt arrangements, and relocations
• Support the diligence and integration of small practice acquisitions and newly recruited physicians, broadly supporting the development team
• Perform proforma analyses of growth opportunities within existing practices (e.g. serviceline expansion and new market entry)
• Identify areas of opportunity to standardize, simplify, and streamline to drive our value of Continuous Improvement

Qualifications:

• An undergraduate or graduate degree in Accounting/Finance/Economics is required, Master degree is highly desirable
• A minimum of seven years of financial experience in healthcare required
• Experience with large multisite medical groups is highly desirable
• Familiarity with SAGE Intacct, PeopleSoft, Hyperion, and EMR data extraction a plus
• Physician compensation experience highly desirable
• Ability to digest financial information, render judgment, create context, pattern recognition
• Ability to meet deadlines and manage conflicting priorities
• Executive presence to deliver financial results and provide financial advice with confidence
• Demonstrated ability to explain complex financial results or transactions to physicians
• Ability to collaborate within other support service departments (revenue cycle, legal, supply chain, development, etc.) and with operations

Additional Information:

• Regional travel requirements: 25% (up to 50% at times during the first year)

Salary Range:$190,000–$240,000

Bonus Potential: 30%

Equity/Stock: Eligible with the parent company

Please email resume to:
Joshua Alubucker
Senior Vice President
NOOR Staffing Group
646-492-5653
[e-mail]