Associate Chief Financial Officer - Service Lines - FT - Days - MHS

Memorial Healthcare

33d•Onsite

About The Position

The Associate Chief Financial Officer – Service Lines provides executive leadership, direction, and oversight for the financial operations of the Memorial Healthcare System (MHS) service lines. Reporting directly to the Chief Financial Officer, this position ensures that all assigned service areas and enterprise-wide financial functions align with MHS’s mission, values, and strategic objectives. This role is responsible for Budgeting, Cost Accounting, and Financial Reporting for MHS, leading the development and execution of strategic financial plans and initiatives that drive fiscal integrity, operational excellence, and long-term sustainability. The Associate CFO partners with hospital and service line leadership—including the Memorial Cancer Institute, Memorial Neurosciences Institute, Memorial Cardiac and Vascular Institute, Behavioral Health, Ambulatory Services, and other designated areas—to ensure strong financial performance and accountability.

Requirements

Minimum of ten (10) years of progressive healthcare finance leadership experience, including oversight of budgeting, cost accounting, and financial reporting functions.
Experience in a large, complex healthcare delivery system strongly preferred.
Bachelors (Required)
Bachelor’s degree in Accounting, Finance, or a related field.

Nice To Haves

Master’s degree in Business Administration, Accounting, or Healthcare Finance preferred.
CPA or CHFP preferred.

Responsibilities

Provides guidance to facility and service line finance teams to ensure consistency in financial practices, controls, and reporting standards.
Oversees financial planning processes including the development of annual budgets, capital plans, and multi-year forecasts that support the health system’s goals and priorities.
Ensures compliance with regulatory standards, internal audit requirements, and external financial reporting obligations.
Partners with service line leadership to evaluate strategic growth opportunities, business cases, and ROI analyses for new programs, partnerships, and service expansions.
Promotes financial literacy among operational leaders by interpreting complex financial information and developing user-friendly tools to support data-driven decision-making.
Leads system-wide cost accounting and productivity initiatives, ensuring accurate unit cost information to support service line profitability, clinical margin improvement, and operational decision-making.
Identifies and implements financial and operational process improvements to increase efficiency and optimize resource utilization.
Oversees financial due diligence, reimbursement modeling, and financial integration for new ventures, acquisitions, and affiliations.
Provides strategic direction and executive oversight of Budgeting, Cost Accounting, Financial Reporting, and Decision Support across the Memorial Healthcare System.
Serves as a key member of the executive financial leadership team, representing assigned areas in system-level committees and governance forums.
Directs preparation, consolidation, and analysis of monthly, quarterly, and annual financial statements and performance reports for senior executives, the Board, and other stakeholders.
Cultivates a culture of accountability, teamwork, and continuous improvement within the finance division.