Our client, a well-established homecare organization ($250M+ revenue), operates across multiple states with diversified business lines, including a Licensed Home Care Services Agency (LHCSA), a Certified Home Health Agency (CHHA), and a Durable Medical Equipment (DME) division. With a solid foundation in place, they are seeking a strategic financial leader to help drive operational efficiency and enhance profitability.
Position Overview:
Our client is looking for a Chief Financial Officer (CFO) who will play a pivotal role in shaping the financial operations of their organization. This is an opportunity to implement new financial reporting systems and technology tools to drive transparency, accountability, and efficiency. The CFO will have a significant impact on both the top and bottom line, with a mandate to align financial operations with strategic business goals.
Key Responsibilities:
- Oversee all financial operations, including revenue cycle management, budgeting, forecasting, and financial reporting.
- Develop and implement financial strategies to improve operational efficiency and enhance profitability.
- Identify and attack pressing financial priorities and stay focused on critical path projects
- Establish and roll out new financial reporting systems and technology tools to streamline processes and support informed decision-making.
- Provide actionable insights to improve financial outcomes across the LHCSA, CHHA, and DME business lines.
- Optimize cash flow management and maintain strong financial controls and compliance.
- Collaborate with the executive team to identify and execute opportunities for cost reduction and revenue growth.
Qualifications:
- Proven experience as CFO or a senior financial leader, preferably in the healthcare sector.
- Strong expertise in healthcare revenue cycle management and financial operations.
- The ability to sift through antiquated systems and strategize how to systemize the reporting of key metrics and KPIs (this can't be overstated)
- Demonstrated success in implementing financial systems and technology solutions.
- Analytical mindset with the ability to translate complex data into actionable strategies.
- Effective communication and leadership skills, with a track record of aligning teams and stakeholders around financial objectives.
This role offers a unique opportunity to make a meaningful impact by driving financial transformation and contributing to the success of a well-established healthcare organization.