Chief Financial Officer (CFO) Growing Healthcare Company

Chief Financial Officer (CFO)

Position Type:

Full-Time |

Executive Leadership Compensation:

Base Salary:

$85,000-$125,000 per year

Annual Profit Sharing:

Up to 15% of Adjusted Net Profit PTO and Benefits Package Position Summary We are seeking an experienced, highly analytical, and data-driven Chief Financial Officer (CFO) to assume full responsibility for the financial health, profitability, forecasting, budgeting, cash flow management, and long-term financial strategy of a growing healthcare services organization. The CFO will serve as a key member of the executive leadership team and will be responsible for developing financial strategies that support sustainable growth, operational efficiency, and long-term profitability. This individual must be comfortable working with large amounts of financial data, identifying trends, forecasting future performance, and providing actionable recommendations to ownership. The ideal candidate is a hands-on financial leader who can build financial systems, improve reporting processes, manage risk, and ensure the organization remains financially strong while preparing for future growth. Key ResponsibilitiesFinancial Leadership & Strategy Lead all financial planning and strategic initiatives. Develop annual operating budgets and financial forecasts. Create and maintain 3-year and 5-year financial projections. Identify opportunities to increase profitability and improve margins. Provide financial guidance and recommendations to ownership. Analyze business performance and identify financial risks and opportunities. Develop financial models to support strategic decision-making.] •Must be proficient with QuickBooks, Excel, Power Point. Financial Reporting & Analysis Prepare and deliver comprehensive financial reports to ownership on a weekly basis. Weekly Financial Reporting Requirements Reports must include: Revenue Metrics Weekly revenue Monthly revenue Year-to-date revenue Revenue trends Revenue by client and service line Operational Metrics Billable hours Utilization rates Staffing efficiency Revenue per employee Payroll Metrics Payroll expenses Overtime costs Payroll as a percentage of revenue Profitability Metrics Gross profit Net profit EBITDA Profit margins Cash Flow Metrics Bank balances Cash reserves Accounts receivable Accounts payable Cash flow projections Executive Summary Key financial concerns & solutions Growth opportunities Recommended action items Cash Flow & Reserve Management The CFO will be responsible for maintaining strong cash flow and ensuring the organization remains financially secure. Reserve Management Responsibilities Establish and maintain sufficient reserves for: Payroll obligations Payroll taxes Federal tax liabilities State tax liabilities Workers' compensation obligations Insurance premiums Operating expenses Vendor obligations Emergency operating reserves Financial Stability Requirements Maintain and monitor: Payroll reserve accounts Tax reserve accounts Insurance reserve accounts Operating cash reserves Provide ownership with recommendations regarding reserve levels and cash management strategies. Budgeting & ForecastingAnnual Budget Development Develop and manage budgets for: Revenue Payroll Recruiting Operations Administrative expenses Incentive and bonus programs Forecasting Prepare rolling monthly forecasts including: Revenue projections Cash flow projections Staffing forecasts Profitability projections Expense forecasting Identify variances and recommend corrective actions when needed. Accounting & Financial Oversight Oversee and manae all accounting functions, including: General ledger review Financial statement preparation Month-end close process Bank reconciliations Accounts payable Accounts receivable Financial controls and compliance Ensure all financial records are accurate, organized, and audit-ready. Tax Planning & Compliance The CFO will ensure the organization is properly prepared for all tax obligations.

Responsibilities include:

Coordinating with external CPA firms and tax professionals Preparing books and financial records for annual tax filings Monitoring and forecasting tax liabilities throughout the year Ensuring adequate tax reserves are maintained Identifying legal tax-saving opportunities Ensuring compliance with all federal, state, and local tax requirements Profitability Analysis Analyze financial performance and profitability by: Client Service line Referral source Department Geographic market Provide recommendations to improve profitability and eliminate inefficiencies. Owner Distribution Recommendations The CFO will evaluate and recommend appropriate owner distributions based upon: Current cash reserves Future tax obligations Payroll requirements Growth initiatives Capital needs Operational reserve requirements Incentive Compensation & Bonus Oversight The CFO will evaluate financial performance and recommend management bonus payouts based on: Profitability Revenue growth Budget performance Operational efficiency Key organizational performance metrics All recommendations will be presented to ownership for final approval. Risk Management & Internal Controls Develop and maintain systems designed to: Protect company assets Improve financial accountability Reduce unnecessary expenses Increase operational efficiency Strengthen profitability Ensure compliance with financial policies and procedures QualificationsRequired Bachelor's Degree in Accounting, Finance, Economics, Business Administration, or related field required. Minimum 7 years of progressive financial leadership experience required. Minimum 3 years in a CFO, Controller, Finance Director, or equivalent senior financial leadership role Strong financial modeling, forecasting, and budgeting experience Advanced proficiency in financial reporting and data analysis Strong understanding of cash flow management and reserve planning Preferred CPA designation MBA CMA Certification Experience in healthcare, home care, medical services, staffing, or related industries Key Performance Indicators (KPIs) The CFO will be evaluated on: Financial Performance Revenue growth Net profit growth EBITDA growth Cash reserve levels Forecast accuracy Budget adherence Operational Performance Timeliness and accuracy of weekly financial reports Accounts receivable performance Tax reserve adequacy Payroll funding stability Expense management Strategic Performance Margin improvement Financial risk reduction Long-term planning effectiveness Tax preparation readiness Operational efficiency improvements Profit Sharing Plan In addition to base salary, the CFO will participate in an annual profit-sharing program equal to: Up to 15% of Annual Adjusted Net Profit Adjusted Net Profit will be calculated after: Payroll obligations Payroll taxes Federal and state tax liabilities Insurance obligations Workers' compensation liabilities Debt service obligations Required reserve funding Approved capital expenditures Profit-sharing calculations are subject to ownership review and approval. Success in This Role A successful CFO will ensure: Payroll is always funded. Taxes are always funded. Financial reports are accurate and timely. Cash reserves remain healthy. Growth is financially sustainable. Profitability improves year-over-year. Ownership has complete visibility into company performance. Financial decisions are driven by accurate data and sound financial planning. This role is ideal for a strategic financial leader who enjoys building systems, driving profitability, creating financial clarity, and helping organizations achieve long-term success.

Pay:

$85,000.00 - $125,000.00 per year

Benefits:

Dental insurance Health insurance Life insurance Paid time off Vision insurance

Work Location:

In person