Summit Talent Group Initiates Chief Financial Officer Search
St. Francis Medical Center (SFMC) located in Monroe, LA has retained Summit Talent Group to conduct a national Chief Financial Officer search. St. Francis Medical Center is part of Franciscan Missionaries of Our Lady Health System (FMOLHS), a $1.8b (net patient revenue) nonprofit and faith-based health ministry headquartered in Baton Rouge, LA. St. Francis is licensed for 352 inpatient beds, with multiple community primary care and specialty practices and services in locations around Monroe that cater to all segments of the population.
The CFO reports directly to the FMOLHS Regional Chief Financial Officer with a matrix reporting relationship and day-to-day management oversight to the CEO of SFMC, and serves as a key member of SFMC’s hospital and ambulatory leadership teams.
The CFO will be the constant voice for ensuring financial targets are communicated and met in accordance with long-term plans and turn-around actions. As a key conduit to the system office, the CFO provides a collaborative and data-driven approach to operational performance, return on investment, risk identification, predictive modeling, capital planning, growth and acquisitions, budgeting and cash flow projections.
Skilled in working in a “system culture” where resources are shared in a center of excellence, the CFO translates system priorities into actionable business plans, leveraging opportunities for standardization, cost reduction, compliance, and scalability. Critical to success in this role is a candidate that offers operational and strategic expertise across the care continuum, focused on performance improvement, service line analysis, financial variances and corrective actions, and monitoring dashboard outcomes. Further, the CFO has both direct and matrix responsibility for: general accounting, financial reporting, consolidation, budget, tax, internal audit controls, decision support and revenue cycle.
The ideal candidate will have a Bachelor’s degree in accounting, finance or related field; a Master’s degree and an active CPA license is desirable. Ten years of progressive financial leadership experience in an acute-care and ambulatory health system environment that is mission-focused and values-based is paramount for this role.
Please contact Joann Sherrer-Fornoff for inquiries: [email protected] or 443.452.8855.
Download the Position Description: Brief Spec FMOLHS Chief Financial Officer