Pursuing our potential together so all kids can pursue theirs.
Cincinnati Children’s Hospital Medical Center (Cincinnati Children’s or CCHMC), one of oldest and most distinguished pediatric hospitals in the nation, seeks an experienced and innovative financial leader to serve as its next Senior Vice President and Chief Financial Officer (SVP/CFO). Working collaboratively with CCHMC’s leadership, along with key internal and external stakeholders, the SVP/CFO will play a pivotal leadership role in the effective financial stewardship of this leading academic acute care pediatric hospital and research powerhouse consistently ranked among the top three children’s hospitals nationally. With an impressive track record of growth and performance, the SVP/CFO will oversee an annual operating budget of $2.5B.
Founded in 1883, Cincinnati Children’s has a long and proud tradition of excellence in research, education and clinical innovation. Recognized as one of the best places to work, Cincinnati Children’s is the largest local employer in the Greater Cincinnati area with over 15,000 employees. With a deep commitment to community engagement, Cincinnati Children’s addresses significant health needs that go beyond their role as Greater Cincinnati’s leading pediatric healthcare provider. Serving 1.3M patient annually from all 50 states and more than 60 countries, Cincinnati Children’s has 700 registered beds, including 106 inpatient behavioral-health beds and 30 residential behavioral-health beds. With additional capital construction underway, Cincinnati Children’s has an opportunity to expand its growing footprint and reputation as the only comprehensive advanced pediatric medical care provider in the local tri-state region (Ohio, Kentucky and Indiana).
Reporting directly to the President and Chief Executive Officer, the SVP/CFO will join CCHMC at a time of strategic growth and development of this high-quality provider of choice. This is an excellent opportunity to join a well-known and highly-regarded institution with an impressive record of performance to build the infrastructure, systems and talent needed to strategically position this growing health enterprise in a changing healthcare landscape.
As CCHMC embarks on an aspirational strategic plan—Pursuing Our Potential Together—aimed at elevating their focus on Care, Cure, Community, and Culture while accelerating digital transformation and patient care affordability efforts, the SVP/CFO will play a critical role in enabling and realizing this vision. In pursuit of these endeavors, the next Senior Vice President is expected to bring exceptional leadership to the oversight of Cincinnati’s robust financial portfolio (net assets over $5B). Working in close partnership with the President and Chief Executive Officer, ELC, PLT and other key leaders, the SVP/CFO is responsible for providing balanced financial plans, strategic vision and overall operational effectiveness, while fostering collaboration, innovation, and transparency. Central to this role’s success is the development and support of integrated long-range financial, operational, investment, and capital strategies.
The SVP/CFO will be a proven, effective leader with a strong track record of financial achievement. The SVP/CFO will possess the technical knowledge and strategic business acumen to maintain and further develop CCHMC’s strong financial position. The successful candidate will embrace and support Cincinnati Children’s entire mission effectively overseeing all financial planning, cash and debt management, accounting, treasury, investment practices, and innovation. The SVP/CFO will be charged with setting financial strategy while serving as the primary liaison to several board committees and the institution’s banking relationships, investment portfolio managers, and rating agencies.
The new SVP/CFO must have excellent interpersonal, communication, and financial leadership skills coupled with a keen understanding of the trends facing academic healthcare, along with a strong understanding of the financial strategies needed for success. The desired candidate will embrace Cincinnati’s collaborative culture and possess the ability to influence a broad set of stakeholders. A master’s degree in finance, accounting, or business and/or CPA certification is preferred.
Inquiries, nominations, and applications should be sent in strict confidence to:
CCHMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, genetic information, physical or mental disability, military or veteran status, sexual orientation, or other protected status in accordance with applicable federal, state, and local laws and regulations.
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