Chief Financial Officer

When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives.

The Chief Financial Officer (CFO) is an executive management position reporting directly to the SVP, Operations CFO of the BILH system with a dual reporting relationship to the hospital President. The Chief Financial Officer is responsible for the development, interpretation, coordination and administration of the organization's policies and practices on finance, revenue cycle, care management, accounting, insurance, managed care contracting, patient access (registration), patient financial services, internal controls, contracting/purchasing, auditing, and health information management. Responsible for the maintenance of records and procedures required to adequately safeguard the assets of the organization. Serves as a member of the Senior Leadership Team of the medical center and participates in strategic planning, which is compatible with the organization's objectives and financial business plan. The CFO demonstrates full support of the Beth Israel Lahey Health mission through demonstrated measurable results and conduct consistent with the mission statement and strategic plan.


The following statements are intended to describe the general nature and level of work being performed by individuals assigned to this position. They are not intended to be an exhaustive list of all duties, responsibilities and skills required of this position.

Job Description:

Primary Responsibilities:

• Leads, manages and directs all financial activities in coordination with the SVP, Operations CFO of the BILH system. In alignment with the system, plans, organizes, coordinates and controls financial policies for the institution to control receipt of revenue, expenditure of funds, and conservation of organization's assets. 

• Participates as a member of the business operations leadership team in developing and implementing short- and long-range strategic goals, objectives and plans, in concert with organizational goals that contribute toward market growth, revenue enhancement, cost containment and maximizing productivity. 

• Establishes long and short-range operational and capital budgets, which are supported by the hospitals long and short-range plans and objectives. Provides adequate cash liquidity and forecasting to meet operating and capital expenditures. 

• Provides financial leadership to hospital managers, directors, officers, and physician leaders that will enroll support, create ownership of goals, and encourage active participate in decisions that impact the hospital. Monitors performance to ensure fiscal responsibilities are fulfilled. 

• Contributes financial expertise in the planning of new services that generate additional sources of profitable revenue, including service demand analyses, resource availability analysis, and cost benefit analysis of proposed capital and staff expansions. 

• Serves as the finance lead for the hospital in contract negotiations for hospital base physician services as well as all other purchased services. 

• Works with senior leaders to plan, promote and conduct organization-wide performance improvement activities, makes recommendations for action, develops action plans, and measures against performance metrics. 

• Manages cost by continually seeking data that will identify opportunities and take action to eliminate non-value costs in conjunction with the hospital's Chief Executive Officer, Chief Operations Officer, Chief Nursing Officer, and physician leaders. 

• Serve as the key stakeholder for productivity management. Develop and implement successful strategies to manage the staffing levels to appropriate standards. 

• Participate in the hospital's monthly operation reviews as well as participate in corporate office meetings as deemed necessary. 

• Represent the hospital at meetings including medical staff, hospital board of director meetings as well as relevant community meetings as needed.