Organization: Sanford Health
Category: Chief Financial Officer
Location: Sioux Falls, SD
Date Job Posted: September 12, 2023
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Reporting directly to the chief executive officer, the chief financial officer (CFO) is a key member of the organization’s senior management decision-making team. He or she will oversee finance, treasury (including investment management, debt management, and cash management), and financial reporting in an effort to maintain the organization’s credit rating and the highest level of financial and compliance integrity. The CFO is also accountable for the revenue cycle, managed care contracting, and strategic planning. He or she will act as Sanford Health’s liaison to all financial entities external to the organization and provide executive leadership for a robust group of employees. The CFO will also play a leadership role in strategic initiatives and in ensuring that proper policies and controls are in place to protect the financial stability of the organization. Standardization of financial systems and structures, including long-range financial plans, budgets, financial reporting, accounting, and reimbursement, as well as policies and procedures, to ensure that the value of the system is maximized.
Master of Business Administration (MBA), Master of Health Administration (MHA), or a master’s degree in a related field.
A minimum of ten years of broad industry and financial management experience is preferred, which reflects progressive growth in financial leadership in a well-managed healthcare organization. He or she should have a balanced and thorough understanding of the financial, operational, and human dimensions, with prior responsibility for treasury services, balance sheet management, capital financing and debt management, financial and business improvement strategies and plans, and management of relevant business risks. Additionally, the executive must possess direct experience working with and/or leading a health plan and have experience overseeing an investment portfolio.
Certified Public Accountant (CPA) preferred.