Jobs · Finance · New Jersey

EVP, Chief Financial Officer

Atlantic Health · Morristown, NJ · 1 wk ago
FinanceFull-time

About the role

The Executive Vice President and Chief Financial Officer (CFO) serves as the senior steward of the health system’s financial strategy and performance. This leader oversees all financial functions, including long-range financial planning, systemwide performance management, strategic growth support, revenue optimization, and operational efficiency.

Responsibilities

  • Provides strategic leadership and oversight for all financial operations of Atlantic Health, including cash flow management, treasury functions, long-range financial planning, forecasting, and systemwide budgeting.
  • Directs banking and auditor relationships; ensures timely and compliant regulatory and tax filings; and oversees core finance operations such as accounts payable/receivable, revenue cycle performance, managed care contracting and compliance, and the accurate and timely monthly close of financial statements.
  • Establishes annual operating and capital budgets with a balanced approach to ensure the Organization’s overall financial success and maintains positive bond ratings, with a careful focus on long-term cash flow and debt capacity.
  • Demonstrates deep expertise in the complex and rapidly evolving healthcare landscape, guiding the organization toward sustainable growth, operational excellence, and long-term financial strength.
  • Develops clear insights into the operating margins required to support strategic priorities and capital needs over time, while proactively assessing market, regulatory, and reimbursement dynamics.
  • Maintains a strong understanding of the unique healthcare, economic, and regulatory nuances within the State of New Jersey to inform sound decision-making and systemwide strategy.
  • Develop, evaluate, monitor, and communicate strategic financial objectives, ensuring consistency and alignment with overall corporate strategic objectives.
  • EFFECTIVELY and professionally communicate the company’s financial plan to all relevant constituents, internally and externally.
  • Manage Board, Credit, Credit Agency, Investor and Partner financial relationships.
  • Serve as an engaged and collaborative member of the Executive Leadership Team, providing proactive financial advice to the Board of Trustees, Chief Executive Officer, and system leadership broadly.
  • Partner with the Chief Executive Officer to evaluate and optimize affiliate arrangements, including physician affiliation agreements and third-party payor contracts, ensuring financial sustainability, regulatory compliance, and alignment with the health system’s strategic objectives.
  • Cook up the overall financial planning process, encompassing a broad range of business portfolio analysis and review of individual projects and investments.
  • Develop policies and procedures to improve business processes and enhance productivity.
  • Manage, develop, and lead an effective, responsive financial organization, with an open style of communication and analytical approach to business.
  • Provide guidance, mentorship, and inspiration for others, acting with integrity, transparency and trust.
  • Formulate and synthesize financial and statistical reporting.
  • Review draft financial reports and ensure accuracy prior to release of audited financial statements.
  • Lead all external audit activities, ensuring efficient coordination with independent auditors and the accurate, timely completion of all audit engagements across the health system.
  • Evaluate audit reports and partner with executive, clinical, and operational leaders to implement corrective actions, strengthen internal controls, and drive continuous improvement.
  • Use audit insights to enhance financial integrity, operational effectiveness, and overall organizational performance, supporting the long-term success and sustainability of the health system.
  • Prepare and evaluate performance reports and share with the Atlantic Health leadership team.
  • Collaboratively work with leaders to set goals and targets for health system leaders and departments.
  • Ensure full compliance with all applicable federal, state, and local regulatory requirements, including IRS laws, CMS and other healthcare-specific regulations, governmental reporting standards, SEC rules (as applicable), and all financial, tax, and operational compliance obligations governing the health system.
  • Lead a team of finance colleagues in all human resource-related initiatives including but not limited to; performance management; education and development; selection and retention; workforce planning; coaching and counseling; and supporting activities that promote colleague engagement and satisfaction.
  • Lead/support change and process improvement initiatives including but not limited to strive for standard, efficient and value-added processes; communicate a clear vision; influence and motivate others; and develop strong relationships with key stakeholders.

Qualifications

  • Minimum of ten years of progressive leadership experience in healthcare financial management, including revenue cycle, third-party reimbursement, budgeting, financial operations, and performance management; at least five years in a senior leadership role within a large, complex integrated health system.
  • Advanced analytical, strategic, and decision-making capabilities, with the ability to organize, plan, and coordinate financial and operational activities while contributing to long-term systemwide strategic planning.
  • Demonstrated success driving consistent, high-performing financial results for a large healthcare enterprise, with a strong command of key operational and financial metrics.
  • Deep technical expertise across all core finance functions, with particular strength in revenue cycle leadership, given the financial pressures facing not-for-profit healthcare providers.
  • Experience evaluating and structuring mergers, acquisitions, partnerships, and affiliations, including financial modeling, due diligence, and integration planning.
  • Highly skilled negotiator capable of building and sustaining strong relationships with payors, physicians, vendors, investment institutions, and other key stakeholders.
  • Leadership effectiveness within a complex, matrixed organization, balancing decisive action with a collaborative, consensus-oriented approach.
  • Prowess in executing organizational strategies, measuring progress, and continuously identifying opportunities for process improvement and operational excellence.
  • Proven ability to execute organizational strategies, measure progress, and continuously identify opportunities for process improvement and operational excellence.
  • Comprehensive knowledge of relevant laws, regulations, fiscal planning, budgeting, and financial reporting requirements within the healthcare sector.

Personal Attributes

  • Deep commitment to Atlantic Health’s mission and values, demonstrating unwavering integrity, high ethical standards, and moral courage.
  • Organizationally focused leader who consistently prioritizes what is best for the health system as a whole.
  • Self-motivated, visible, and empowering, with a leadership style grounded in humility and a genuine desire to recognize and elevate others.
  • Willingness to make difficult decisions in the best interest of the organization, supported by strong problem-solving skills and a proactive approach to leading change.
  • Effective consensus builder and collaborative partner, skilled in negotiation and able to bring together diverse stakeholders to achieve shared goals.
  • Resilient, adaptable, and steady in the face of ambiguity, demonstrating mental toughness, pragmatism, and the ability to lead through significant change.
  • Confident yet low-ego, treating all individuals with dignity and respect while fostering a culture of trust and accountability.
  • Exceptional relationship-building skills, able to cultivate strong, sustainable partnerships across Atlantic Health and with external stakeholders.

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