Apply Now

Chief Financial Officer

Oak Brook Terrace, IL, USA | Leading Healthcare - Hospitals Company

  • Industry:
    Healthcare - Hospitals
  • Position Type:
  • Functions:
    Accounting / Control
    General Management
  • Experience:
    10-12 years
Job Description:
58 people have viewed this job

Company Summary:

Leading Healthcare - Hospitals Company was established in 1878 and is the leading provider of outsourced linen-management services to the healthcare industry. We have nearly 3,700 employees in 23 locations across the United States dedicated to “Improving the Fabric of Healthcare.” We provide a complete array of laundry services, linen and apparel rental solutions, and onsite-linen-management services to healthcare providers and their patients. Leading Healthcare - Hospitals Company’s headquarters is outside of Chicago, in Oakbrook Terrace, Illinois.


Job Summary:

The Chief Financial Officer is responsible for providing strategic leadership for the company by working with the Executive Management Team to establish long-range goals, strategies, plans and policies. The CFO will serve as the chief financial spokesperson and will oversee all strategic and tactical matters as they relate to the Company’s accounting, treasury, financing, tax, budget and contract management, cost analysis and reporting and forecasting.


Essential Job Duties and Responsibilities:


Partnering with the CEO and the executive team to build, develop, and execute financial and accounting strategies/ processes and systems that effectively meet, support and enhance the Company’s objectives

Evaluate and contribute to the improvement of long-range planning, introduction of new programs/strategies and superb execution

Ensure timely and accurate analysis of budgets, financial reports and financial trends to lead the Board and CEO to sound decisions

Develop a reliable budget and forecasting process, and reporting mechanism that includes balance sheet, income statement and cash flow

Ensure compliance with local, state, and federal budgetary reporting requirements

Implement financial analyses that lead to new ideas and better decision-making throughout the organization

Manage cash flow to maximize long term shareholder value growth


Oversee the activities of the Corporate Accounting department for the accurate and timely dissemination of financial management reports including, but not limited to, internal and external monthly financial statements, annual audits and budgets

Evaluate the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group and provide individuals with professional and personal growth

Ensure the timely completion of monthly, quarterly and year-end financial closing processes

Oversee the approval and processing of revenue, expenditure, and position control documents, department budgets, salary updates, ledger, account maintenance and data entry to insure compliance with Generally Accepted Accounting Principles (GAAP) and all legal requirements

Establish and maintain appropriate internal control safeguards, including the ability to meet Sarbanes-Oxley requirements should the company decide to go public

Supervisory Responsibilities:

The CFO leads the Finance and Accounting department, including Accounts Payable, Cash Applications, Treasury, Accounting, Internal Audit, Collections, Payroll, Financial Analysis, Acquisition analysis, Capital Investment assessment and Tax. The Chief Financial Officer is responsible for the overall direction, coordination, and evaluation of these departments and the included employees.


Minimum Qualifications:

BS in Finance or Accounting required

10 years of experience in a senior-level finance or accounting position (CFO or Controller) in a large organization, including proven experience or knowledge in the following areas:

Strategic financial planning and execution

Finance, accounting, budgeting, and cost control principles including GAAP

Financial data analysis and preparation of financial reports, statements, and projections

Federal and state financial regulations

Automated financial and accounting reporting systems

5-10 years hands-on managerial experience in the areas of general ledger, accounts payable, payroll, cash applications and/or income tax, or equivalent time in a public accounting firm

Exceptional written and verbal communication, and interpersonal skills

A self-directed leader with a strong operational focus

Able and skilled in simultaneously managing several projects

A team player who possesses excellent communication skills and can relate to people at all levels of an organization

Sound technical skills, including proficient knowledge of various software applications used in Finance

Preferred Qualifications:

Master’s Degree in Finance or Accounting / MBA


Travel Required:

The CFO position requires 20% travel.Employees are responsible for creating and submitting expense reports each week for expenditures incurred during travel.

Physical Requirements:

The position requires considerable sitting, typing and the ability to move objects of less than 25 pounds.

Work Environment:

The working environment is indoors and is seasonally heated and cooled with minimal noise levels.The position requires the ability to communicate in person, telephonically and via email.

Other companies hiring with Ivy Exec

 Company Logos