Chief Financial Officer at Larry H. Miller Senior Health – Sandy, Utah
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About This Position
The Chief Financial Officer (CFO) provides strategic and operational leadership over all finance functions for a multi-company, multi-state healthcare organization focused on senior health, post-acute, and long-term care services. The CFO is responsible for enterprise-wide financial strategy, multi-entity accounting and consolidation, and capital planning in support of organizational growth and quality patient outcomes. The CFO serves as a key advisor to the President and Senior Team and is a visible culture leader across all markets.
Essential Job Functions / Responsibilities
1. Strategic Leadership & Governance
- Partner with the President, executive team, and Board to develop and execute the organization’s short- and long-term financial strategy.
- Provide clear, data-driven recommendations on major strategic decisions, including market expansion, service line development, partnerships, and capital investments.
- Translate complex financial information into clear insights and action plans for clinical and operational leaders.
- Support LHMSH culture.
2. Financial Planning, Reporting & Analysis
- Lead the annual budget process, rolling forecasts, and multi-year financial planning across multiple companies, entities, and service lines.
- Oversee timely, accurate monthly, quarterly, and annual financial statements in accordance with GAAP, including consolidated reporting and entity-level analysis.
- Develop dashboards and KPIs that monitor financial performance (e.g., revenue, EBITDA, margin, days cash, days in AR, labor costs, census, payer mix) and drive accountability with operators.
- Provide variance analysis and actionable insight to improve profitability, cash flow, and capital efficiency.
3. Multi-Company / Multi-Entity Accounting & Consolidation
- Oversee a complex legal and organizational structure, including multiple LLCs, holding companies, operating entities, and joint ventures across multiple states.
- Ensure accurate general ledger management, intercompany transactions, allocations, eliminations, and consolidated financial statements.
- Standardize accounting policies, chart of accounts, and closing processes across entities to ensure consistency, comparability, and control.
- Coordinate external audits, reviews, and tax compliance in partnership with external advisors.
4. Treasury, Capital Management & Risk
- Direct cash management, liquidity planning, and capital allocation across entities and states to support stable operations and strategic initiatives.
- Manage banking relationships, credit facilities, debt covenants, and investment policies.
- Evaluate and structure financing for new development, acquisitions, and major capital projects.
- Identify, quantify, and mitigate financial risks, including insurance, self-insurance, and contingent liabilities.
5. Systems, Technology & Process Improvement
- Drive continuous improvement in financial processes, automation, and standard work to increase efficiency, accuracy, and scalability.
- Identify and implement process improvements to increase efficiency and accuracy across finance-related workflows.
6. Leadership, Talent & Culture
- Build and lead a high-performing finance organization, including accounting, FP&A, revenue cycle, and related functions across multiple locations.
- Coach and develop leaders to support succession planning, engagement, and retention.
- Model and enforce high standards of ethics, integrity, and confidentiality, especially in handling sensitive financial and strategic information.
- Collaborate effectively with clinical, operational, HR, compliance, and legal leaders to drive aligned, enterprise-wide decision-making.
7. Other
- Protect the legal, financial, and moral well-being of Larry H. Miller Senior Health and affiliated companies.
- Perform other duties as assigned by the CEO and/or Board of Directors.
Required
- Bachelor’s degree in Accounting, Finance, or a related field.
- 10+ years of progressive experience in finance and accounting leadership, including at least 5 years in a senior executive role (CFO, VP Finance, or equivalent).
- Significant experience in multi-entity, multi-state healthcare (e.g., senior living, skilled nursing, post-acute rehabilitation, home health, hospice, or similar provider environment).
- Demonstrated experience overseeing consolidated financials for a portfolio/holding company structure with multiple operating entities.
- Deep knowledge of U.S. GAAP, healthcare reimbursement (Medicare, Medicaid, and commercial payers), cost reporting, and related regulatory requirements.
- Proven track record improving financial performance, optimizing revenue cycle, and managing capital and liquidity.
- Demonstrated success in building and leading distributed finance teams and partnering effectively with operations and clinical leaders.
- Advanced Excel and financial modeling skills; strong proficiency with modern ERP and reporting tools.
- Exceptional communication skills, including the ability to influence and educate non-financial stakeholders at all levels.
Preferred
- CPA license strongly preferred; MBA, MHA, or related advanced degree a plus.
- Prior experience in a private or family-owned multi-entity organization and/or portfolio company environment.
- Experience in mergers and acquisitions, integrations, and change management in a healthcare context.
Physical Requirements
- Prolonged periods of sitting at a desk and working on a computer.
- Required vision includes close vision, distance vision, peripheral vision, and the ability to adjust focus.
- Ability to travel periodically to facilities and offices across multiple states.
- Ability to carefully consider all information and make high-impact decisions on a regular basis.
- Maintain regular attendance and timeliness as set forth within the work schedule designated by the department supervisor/manager.
- Job requires accepting criticism and dealing calmly and effectively with high-stress situations.
- Ability to communicate effectively, both orally and in writing.
Competencies
To perform the job successfully, an individual should demonstrate the following competencies:
- Operate with Integrity: Demand the highest ethical standards from self and others by setting an example of positive attitude and professionalism.
- Strategic & Financial Acumen: Demonstrates strong business judgment, financial literacy, and the ability to connect financial performance with operational drivers and strategic choices.
- Communication & Influence: Ability to effectively convey information to others, apply active listening, and adjust style to the audience, including Board members, executives, operators, and external stakeholders.
- Time Management & Prioritization: Able to manage multiple priorities, deadlines, and stakeholders in a fast-paced, multi-entity environment.
- Change Leadership: Demonstrates resilience and adaptability; effectively leads teams through system implementations, process changes, and organizational growth.
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Job Location
Job Location
This job is located in the Sandy, Utah, 84070, United States region.