The Opportunity

Our client, a 500+ physician, university based practice plan is seeking a Chief Financial Officer to lead all financial functions in a multi-specialty practice setting with net revenue of approximately $161M ($255 gross) Last year the practice plan earned approximately $6M and is in overall, very good financial stead. The CFO will report directly to the Practice Plan Executive Director for operations oversight, and to the Health System CFO regarding financial policy/procedure and consistency. The CFO will interact and provide financial analysis and recommendations, in conjunction with the Executive Director, to the Physicians Board, and with the Health System CFO to the System Board.

As a key member of Practice Plan Administration the new Chief Financial Officer will provide strategic and tactical economic recommendations to the Practice Board, the Executive Director, and the System CFO. The CFO has operating responsibility for all aspects of financial management and systems development, budget development and preparation, and the monitoring of financial controls. Also, the CFO will provide support and act in advisory capacity to the clinical departments. Working in concert with executive leadership of the Practice Plan, the Health System, and the School of Medicine, the CFO will be integral to developing a financial plan to enable the Practice Plan to build long-term financial strength, and to propose annual financial goals and objectives consistent with this strategy.

Qualifications

Qualified candidates must have earned a Bachelors degree and have a strong accounting background; CPA required; completion of a Masters degree is preferred but equivalent experience may be substituted. A minimum of ten years in healthcare finance is required; three years in a senior leadership capacity in a physician practice setting of comparable size and complexity is also required; experience in academic healthcare is strongly preferred.

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