Sr Vice President of Finance and Chief Financial Officer (CFO)

Powers Health; Munster (IN); On-site; USD 180,000 - 260,000; Full time

Benefits offered by this job

Medical, dental and vision coverage

Wellness program

HSA

Retirement savings plan

Life insurance

Disability income protection

Employee Assistance Program (EAP)

Fitness center discount program

Tuition assistance and career dev

Paid Time Off (PTO)

Reward and recognition programs

Job summary

Powers Health is seeking a Senior Vice President of Finance / Chief Financial Officer to provide executive leadership for the financial performance, growth, and long-term sustainability of the health system. This role partners with the President/CEO and the Board to develop strategies that strengthen operations, optimize revenue, improve cash flow, and manage costs across the organization.

The CFO will oversee enterprise-wide functions, including CFOs, Managed Care, Revenue Cycle, and Supply

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, Healthcare Administration, or a related field.
• Master’s degree in Business Administration, Accounting, Finance, Healthcare Administration, or a related field.
• CPA preferred.
• Minimum of 10 years of progressively responsible financial leadership experience, preferably within a complex healthcare organization.
• Minimum of 5 years of experience directly leading finance and/or functional leaders.
• Previous experience as a CFO, Senior Vice President/VP of Finance, or comparable executive-level financial leader.
• Significant experience leading finance across multiple entities, facilities, hospitals, or business units.
• Demonstrated expertise in healthcare finance, reimbursement, revenue cycle, managed care, and cost management.

Responsibilities

• Provide strategic and operational leadership for the financial performance and sustainability of Powers Health.
• Partner with the President and CEO, Board of Directors, and executive leadership team on financial strategy, long-range planning, capital planning, and organizational priorities.
• Provide enterprise-wide leadership and oversight of system CFOs, Managed Care, Revenue Cycle, and Supply Chain.
• Lead financial planning, budgeting, forecasting, financial reporting, and long-range financial modeling.
• Develop and monitor financial and operational performance metrics across hospitals, business units, and service lines.
• Lead initiatives to improve operating margin, revenue performance, cash flow, productivity, and cost structure.
• Drive financial transformation, revenue optimization, enterprise cost management, and performance improvement initiatives.
• Provide executive leadership for revenue cycle and managed care strategies, including payer performance, reimbursement, contract negotiations, and revenue optimization.
• Oversee supply chain strategies focused on cost management, vendor relationships, purchasing, utilization, and operational efficiency.
• Evaluate strategic investments, business opportunities, capital expenditures, partnerships, and other initiatives affecting the organization’s financial position.
• Serve as a trusted financial advisor to the President and CEO, Board of Directors, and executive leadership team.
• Build, develop, and lead high-performing finance and functional leadership teams.
• Foster strong cross-functional partnerships and lead effectively through organizational change and competing priorities.
• Ensure appropriate financial controls, accountability, and regulatory and organizational standards are maintained.

Skills

Strategic leadership

Communication skills

Analytical skills

Cross-functional leadership

Negotiation

Education

Bachelor’s degree in Accounting, Finance, Business Administration, Healthcare Administration, or a related field

Master’s degree in Business Administration, Accounting, Finance, Healthcare Administration, or a related field

CPA

Tools

PeopleSoft

Epic

ERP systems

EHR-integrated revenue cycle

Job description

Sr Vice President of Finance and Chief Financial Officer (CFO)

Job ID 53281

Leadership/Management

Full-time , Days , M-F Days

Hours/Pay Period: 80

FTE: 1

Position Summary:

Powers Health is seeking an accomplished and strategic Senior Vice President of Finance/Chief Financial Officer (CFO) to provide executive leadership for the financial performance, growth, and long-term sustainability of the health system.

As a key member of the executive leadership team, the Senior Vice President/CFO provides enterprise-wide oversight of the health system’s Chief Financial Officers, Managed Care, Revenue Cycle, and Supply Chain functions. This leader partners closely with the President and CEO, Board of Directors, and executive leadership team to develop and execute financial strategies that strengthen operating performance, optimize revenue, improve cash flow, manage costs, and support the organization’s long-term financial sustainability.

The Senior Vice President/CFO will serve as a strategic business partner across the organization, driving financial transformation, margin improvement, revenue optimization, productivity, and enterprise-wide cost management. This executive will translate complex financial and operational information into actionable strategies while fostering accountability, collaboration, and continuous improvement throughout the health system.

Key Responsibilities

• Provide strategic and operational leadership for the financial performance and sustainability of Powers Health.
• Partner with the President and CEO, Board of Directors, and executive leadership team on financial strategy, long-range planning, capital planning, and organizational priorities.
• Provide enterprise-wide leadership and oversight of system CFOs, Managed Care, Revenue Cycle, and Supply Chain.
• Lead financial planning, budgeting, forecasting, financial reporting, and long-range financial modeling.
• Develop and monitor financial and operational performance metrics across hospitals, business units, and service lines.
• Lead initiatives to improve operating margin, revenue performance, cash flow, productivity, and cost structure.
• Drive financial transformation, revenue optimization, enterprise cost management, and performance improvement initiatives.
• Provide executive leadership for revenue cycle and managed care strategies, including payer performance, reimbursement, contract negotiations, and revenue optimization.
• Oversee supply chain strategies focused on cost management, vendor relationships, purchasing, utilization, and operational efficiency.
• Evaluate strategic investments, business opportunities, capital expenditures, partnerships, and other initiatives affecting the organization’s financial position.
• Serve as a trusted financial advisor to the President and CEO, Board of Directors, and executive leadership team.
• Build, develop, and lead high-performing finance and functional leadership teams.
• Foster strong cross-functional partnerships and lead effectively through organizational change and competing priorities.
• Ensure appropriate financial controls, accountability, and regulatory and organizational standards are maintained.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, Healthcare Administration, or a related field.
• Master’s degree in Business Administration, Accounting, Finance, Healthcare Administration, or a related field.
• CPA preferred.
• Minimum of 10 years of progressively responsible financial leadership experience, preferably within a complex healthcare organization.
• Minimum of 5 years of experience directly leading finance and/or functional leaders.
• Previous experience as a CFO, Senior Vice President/VP of Finance, or comparable executive-level financial leader.
• Significant experience leading finance across multiple entities, facilities, hospitals, or business units.
• Demonstrated expertise in healthcare finance, reimbursement, revenue cycle, managed care, and cost management.
• Experience with ERP, EHR-integrated revenue cycle, and supply chain systems, including platforms such as PeopleSoft and Epic.
• Demonstrated success leading financial transformation, margin improvement, revenue optimization, cash flow improvement, productivity, and enterprise cost management initiatives.
• Proven experience working directly with a health system Board of Directors and executive leadership team.
• Strong negotiation skills, particularly involving payer contracts, reimbursement arrangements, and vendor agreements.
• Exceptional communication, relationship-building, analytical, and cross-functional leadership skills.
• Demonstrated ability to lead through change, manage competing priorities, and drive accountability across a complex organization.

Your Extraordinary Career Starts Here

We invite you to join our team of professionals where your unique talents will be well utilized in a work environment that promotes your further growth and development. In return for your valuable service and contributions, Powers Health offers a competitive wage and benefits package along with the necessary tools, resources, and mentoring opportunities to support your career advancement goals.

Our comprehensive benefits program includes, but is not limited to:

• Medical, dental and vision coverage
• Wellness program, including free screenings
• Healthcare and Dependent Care Spending Accounts (HSA)
• Retirement savings plan
• Life insurance
• Disability income protection
• Employee Assistance Program (EAP)
• Fitness center discount program
• Tuition assistance and career development
• Paid Time Off (PTO)
• Reward and recognition programs

Join our team of healthcare professionals at Powers Health.