Chicago Family Health Center
Chief Financial Officer
Chicago Family Health Center, Chicago, Illinois, United States, 60290
Overview
Chicago Family Health Center is a mission-driven, multi-site healthcare organization seeking a seasoned CFO to lead Finance, Accounting, Revenue Cycle, and IT. The CFO serves as a strategic partner to the CEO and executive team—owning financial strategy, safeguarding compliance, and enabling operational excellence in a complex, payer-driven environment.
Location:
Chicago, IL
Reports to:
Chief Executive Officer
Team:
Finance, Accounting, Revenue Cycle & IT
What You’ll Do
Strategic leadership
Partner with executive and clinic leaders to shape organizational strategy and the financial plan.
Interpret complex funding streams (e.g., commercial payers, Medicare/Medicaid, grants) and model program impact.
Financial planning & analysis
Lead annual budget development and rolling forecasts.
Analyze, prepare, and present timely monthly financial statements and dashboards to leadership and the Board.
Accounting & controls
Oversee general accounting, GL, AP, cashiering, and cost accounting systems.
Establish and enforce financial policies, internal controls, and compliance with GAAP and all local, state, and federal requirements.
Ensure accurate, on-time tax filings and government reports.
Revenue cycle & reimbursement
Direct patient accounting, claims processing, and collections; monitor billing/collection patterns and drive corrective action.
Interpret and enforce third-party payer rules and Medicare requirements; ensure cost reporting and related filings are completed.
Operations & technology
Partner with IT on financial systems, data integrity, security, and automation that support revenue cycle and reporting.
People leadership
Build and lead a high-performing team: hire, train, coach, set objectives, and optimize staffing and workflows.
What Success Looks Like (12–18 Months)
Independent audit free of adjustments with strong internal control environment.
All required state/federal reports and returns filed on time.
Annual budget completed per approved calendar; monthly financials delivered to the Board by the subsequent month.
Days Cash on Hand and Days in A/R at or better than budgeted targets.
Debt service/coverage ratios in full compliance with lender covenants.
Why Join Us
High-impact executive role shaping care access and sustainability.
Collaborative, values-driven leadership team.
Competitive compensation and benefits commensurate with experience.
To Apply Please email your résumé to Recruitment@chicagofamilyhealth.org and a brief interest letter to with subject line: CFO Application – [Your Last Name].
Requirements Education and Experience
Bachelor’s degree in Accounting required; MBA preferred.
8+ years of progressive financial accounting experience, including 4+ years in a healthcare or nonprofit organization.
Deep knowledge of finance, accounting, budgeting, audit, cost controls, and internal controls in a clinical/healthcare setting.
Demonstrated leadership of revenue cycle operations and payer reimbursement (including Medicare).
Proven experience preparing and presenting Board-level financials.
Strong systems orientation (ERP/GL, EHR/PM, revenue cycle tools) and partnership with IT.
Skilled people leader with a track record of developing teams and improving processes.
Preferred CPA and/or healthcare finance certification.
Competencies
Financial Strategy
Healthcare Reimbursement
Revenue Cycle Optimization
GAAP & Compliance
Internal Controls
Audit Readiness
Cost Accounting
Forecasting & Modeling
Change Management
Executive & Board Communication
Cross-Functional Collaboration
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Location:
Chicago, IL
Reports to:
Chief Executive Officer
Team:
Finance, Accounting, Revenue Cycle & IT
What You’ll Do
Strategic leadership
Partner with executive and clinic leaders to shape organizational strategy and the financial plan.
Interpret complex funding streams (e.g., commercial payers, Medicare/Medicaid, grants) and model program impact.
Financial planning & analysis
Lead annual budget development and rolling forecasts.
Analyze, prepare, and present timely monthly financial statements and dashboards to leadership and the Board.
Accounting & controls
Oversee general accounting, GL, AP, cashiering, and cost accounting systems.
Establish and enforce financial policies, internal controls, and compliance with GAAP and all local, state, and federal requirements.
Ensure accurate, on-time tax filings and government reports.
Revenue cycle & reimbursement
Direct patient accounting, claims processing, and collections; monitor billing/collection patterns and drive corrective action.
Interpret and enforce third-party payer rules and Medicare requirements; ensure cost reporting and related filings are completed.
Operations & technology
Partner with IT on financial systems, data integrity, security, and automation that support revenue cycle and reporting.
People leadership
Build and lead a high-performing team: hire, train, coach, set objectives, and optimize staffing and workflows.
What Success Looks Like (12–18 Months)
Independent audit free of adjustments with strong internal control environment.
All required state/federal reports and returns filed on time.
Annual budget completed per approved calendar; monthly financials delivered to the Board by the subsequent month.
Days Cash on Hand and Days in A/R at or better than budgeted targets.
Debt service/coverage ratios in full compliance with lender covenants.
Why Join Us
High-impact executive role shaping care access and sustainability.
Collaborative, values-driven leadership team.
Competitive compensation and benefits commensurate with experience.
To Apply Please email your résumé to Recruitment@chicagofamilyhealth.org and a brief interest letter to with subject line: CFO Application – [Your Last Name].
Requirements Education and Experience
Bachelor’s degree in Accounting required; MBA preferred.
8+ years of progressive financial accounting experience, including 4+ years in a healthcare or nonprofit organization.
Deep knowledge of finance, accounting, budgeting, audit, cost controls, and internal controls in a clinical/healthcare setting.
Demonstrated leadership of revenue cycle operations and payer reimbursement (including Medicare).
Proven experience preparing and presenting Board-level financials.
Strong systems orientation (ERP/GL, EHR/PM, revenue cycle tools) and partnership with IT.
Skilled people leader with a track record of developing teams and improving processes.
Preferred CPA and/or healthcare finance certification.
Competencies
Financial Strategy
Healthcare Reimbursement
Revenue Cycle Optimization
GAAP & Compliance
Internal Controls
Audit Readiness
Cost Accounting
Forecasting & Modeling
Change Management
Executive & Board Communication
Cross-Functional Collaboration
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