Chief Financial Officer - Central Indiana
Alder Bowman has been retained to conduct a confidential search for a Chief Financial Officer. In respect for our client's wishes, we will respond to qualified respondents with an N.D.A. prior to providing a comprehensive position specification.
This is an opportunity to join the leadership team of a highly respected, stable and growing health services organization.
Reporting to the Chief Executive Officer, the CFO leads a professional team of 8 and is responsible for leading accounting, finance and administrative functions in a manner that aligns GAAP conformity, operational excellence with organizational mission, vision and values. Additionally, the CFO will develop and implement strategies that achieve high levels of efficiency, employee development and retention.
This CFO is expected to align accounting, finance and administrative functions to achieve a high-functioning center of excellence providing excellent information, services and decision-making support to the CEO Board of Directors and the entire management team.
Functionally, this role actively engages with organizational leaders and subordinates as a trusted advisor empowered to elevate organizational capabilities and financial stewardship. develops and implement strategies delivering high-value services. This includes but is not limited to, enabling excellent communications, collaborative relationships, strategic planning, and community relations.
In order to meet evolving organizational needs, the CFO will focus on.
Short-Term, (0-180 days)
Candidate Requirements
Education: Bachelor’s degree in Accounting, Finance or related field (Masters preferred)
Experience: Legacy of successful financial accounting and administrative leadership for organizations with over $15 million of annual revenue
Alder Bowman has been retained to conduct a confidential search for a Chief Financial Officer. In respect for our client's wishes, we will respond to qualified respondents with an N.D.A. prior to providing a comprehensive position specification.
This is an opportunity to join the leadership team of a highly respected, stable and growing health services organization.
Reporting to the Chief Executive Officer, the CFO leads a professional team of 8 and is responsible for leading accounting, finance and administrative functions in a manner that aligns GAAP conformity, operational excellence with organizational mission, vision and values. Additionally, the CFO will develop and implement strategies that achieve high levels of efficiency, employee development and retention.
This CFO is expected to align accounting, finance and administrative functions to achieve a high-functioning center of excellence providing excellent information, services and decision-making support to the CEO Board of Directors and the entire management team.
Functionally, this role actively engages with organizational leaders and subordinates as a trusted advisor empowered to elevate organizational capabilities and financial stewardship. develops and implement strategies delivering high-value services. This includes but is not limited to, enabling excellent communications, collaborative relationships, strategic planning, and community relations.
In order to meet evolving organizational needs, the CFO will focus on.
- Operational Excellence
- Efficiency of systems and processes
- Cultural transformation towards internal teamwork and external collaboration
- Establishing a service center of excellence benefiting the entire organization
- Improving staff continuing professional education
- Succession planning
- Directs and oversees all aspects of the Finance & Accounting functions of the organization.
- Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.
- Provides timely and accurate analysis of budgets, financial trends and forecasts.
- Evaluates and advises on the impact of long-range planning, introduction of new programs, and regulatory issues
- Plays an active role in ensuring organizational goals and stakeholder expectations are met
- Partners with the leadership team as a trusted advisor to ensure the financial health and sustainability of the organization.
- When required, attends meetings of the Board of Directors and committees
- Provides timely and accurate information to the CEO, Board of Directors and management peers
- Provides clearly written information addressing present and projected status to enable sound analysis and planning
- Establishes current and long-range objectives, plans, and policies, subject to approval by the Chief Executive Officer
- Dispenses advice, guidance and direction, on organizational policies and procedures
- Oversees the adequacy and soundness of the organization's financial structure
- Reviews operating results of the finance organization comparing goals to objectives and takes steps to correct unsatisfactory results.
- Assures effective financial risk management tools are in place and monitored.
Short-Term, (0-180 days)
- Establish effective relationships with the CEO, your team and peers
- Earn trust as a collaborative, trustworthy and credible leader
- Learn strengths, weaknesses, opportunities, and threats of accounting, finance and administrative functions
- Develop Strategic plan for accounting, finance and administrative functions to achieve high-functioning, Center of Excellence status
- Learn the Strategic Plan
- Assure accounting, finance and administrative functions align with organizational needs
- Learn and adapt the organization mission, vision, values and behaviors
- Establish, communicate, and implement departmental key performance indicators
- Implement strategic plan via effective change management communication and coaching.
- Assure service delivery achieves best outcomes
- Assure accountability to communicated expectations
- Direct performance monitoring activities
- Engage staff and get buy-in to newly defined initiatives
- Assure strategy, people and processes align to achieve organizational goals
- Assure compliance to regulatory requirements, company policies and procedures
Candidate Requirements
Education: Bachelor’s degree in Accounting, Finance or related field (Masters preferred)
Experience: Legacy of successful financial accounting and administrative leadership for organizations with over $15 million of annual revenue