Chief Financial Officer

Key Responsibilities

• Lead all financial operations, including oversight of operating and capital budgets
• Ensure compliance with 2019 bond covenant requirements, including Days Cash on Hand and Maximum Annual Debt Service (MADS)
• Direct financial planning, forecasting, and reporting in compliance with State CEA requirements
• Monitor cash flow and evaluate operational performance, implementing corrective action plans as needed
• Conduct financial impact analyses for new contracts and support negotiation strategy
• Lead Monthly Operating Reviews (MORs) across departments
• Establish and execute the financial strategic vision in alignment with the system’s long-range plan
• Oversee pricing models and drive operational efficiency initiatives
• Ensure compliance with all local, state, and federal reporting requirements
• Direct all financial functions including purchasing, coding, revenue cycle, billing, collections, case management, CDI, cost reporting, general ledger, payables, payroll, and financial reporting

Position Highlights

• CFO reports directly to the Chief Executive Officer of Lake Charles Memorial Health System.
• Gross Revenue: $1.8B
• Key strategic partner to the Executive Leadership Team and Board of Trustees
• EPIC EMR environment
• Competitive Compensation and benefits package offered.

Requirements & Qualifications

• Education:
• Bachelor's in Finance, Accounting, Economics or Business Administration.
• CPA or CMA required.
• Master's Degree preferred.
• Experience:
• 10 + years in a high level finance role in the healthcare or insurance industry.
• Epic, Bond Holder, and FEMA experience required.
• Demonstrated experience with FEMA reimbursement and compliance.
• Multi-facility management experience or larger tertiary acute care center.
• Advanced computer skills to prepare financial spreadsheets and reports.
• Previous management experience including responsibilities for hiring, training, assigning work and managing performance of staff.
• Exceptional written, oral, interpersonal and presentation skills and the ability to effectively interface with senior management, the Board of Directors and staff.

Location

Lake Charles is a thriving Gulf Coast community in Southwest Louisiana with a population of approximately 78,000 and a broader regional draw of more than 200,000 residents. The area benefits from a diverse and expanding economy supported by energy, petrochemical manufacturing, LNG export facilities, gaming and hospitality, healthcare, and higher education. Significant industrial investment in the region over the past decade has strengthened the tax base and positioned Lake Charles as an important economic engine along the Gulf Coast.

Residents enjoy a high quality of life marked by affordable housing, a low cost of living, strong public and private school options, and access to outdoor recreation including boating, fishing, and golf. The community offers a vibrant arts and cultural scene, regional cuisine, and year-round festivals, while maintaining the accessibility and collegial atmosphere of a mid-sized market. Lake Charles provides an attractive balance of professional opportunity and lifestyle for executives and their families seeking both impact and community engagement.

Contact

Interested candidates, please apply directly to HARTZ Search below:

Qualified candidates, please submit your current resume - applications will not be considered without a resume. Thank you!

HARTZ Search is a retained executive search firm that conducts searches for our healthcare and academic clients across the US. Our focus is on Talent, Communication, and Performance - We stand apart in finding the best people swiftly and consistently. Our goal is to connect our candidates with our clients who have a similar goal of improving the healthcare organizations and communities they serve.

We believe that strong and transparent communication creates an efficient and composed search and is an indispensable ingredient for success. Our pillars of service are accessibility and responsiveness - know that we can be reached in times of crisis, celebration, or just to reconnect; we are 24/7 partners not just to our clients but to our candidate partners. We provide concierge-level service throughout each executive and director-level search we conduct.