What are the responsibilities and job description for the Chief Financial Officer position at The Cardiovascular Care Group?
Chief Financial Officer (CFO)
Multi-Physician Vascular Surgery Practice in New Jersey
Position Overview
We are a well-established, growing vascular surgery practice in NEW JERSEY with multiple physicians, advanced ancillary services, and a strong regional reputation. We are seeking a seasoned Chief Financial Officer (CFO) to serve as the senior financial executive of the organization. This role will be a key strategic partner to the executive leadership, responsible for financial stewardship, operational insight, and long-term sustainability.
The CFO will oversee all financial, accounting, revenue cycle, and strategic planning functions, while supporting growth initiatives, physician compensation models, and succession planning.
Key Responsibilities
Financial Leadership & Strategy
- Serve as the primary financial advisor to the managing partner (CEO)
- Develop and execute long-term financial strategy aligned with clinical and operational goals
- Lead annual budgeting, forecasting, and multi-year financial modeling
- Analyze profitability by service line, physician, and site of care
- Support practice growth, acquisitions, and de-novo expansion
Accounting, Reporting & Controls
- Oversee accounting operations, month-end close, and financial reporting
- Ensure GAAP compliance and strong internal controls
- Manage external relationships with CPA firms, auditors, banks, and legal counsel
- Prepare financial reports and dashboards for physicians and governance committees
Revenue Cycle & Payer Strategy
- Oversee revenue cycle performance including billing, collections, denials, and AR Analyze payer contracts, reimbursement trends, and margin impact
- Support negotiations with commercial payers and evaluate value-based initiatives
- Ensure accurate CPT coding, charge capture, and compliance processes
Physician Compensation & Incentives
- Maintain and refine physician compensation models (productivity, quality, ancillaries)
- Model w/RVU-based and alternative compensation structures
- Support transparency and fairness in physician financial reporting
Operational & Practice Management Support
- Partner with operations leadership on staffing, cost controls, and capital planning
- Evaluate financial performance of office-based labs, imaging, and ancillary services
- Support IT, EHR, and practice management system financial optimization
Governance, Risk & Compliance
- Support compliance with Stark, Anti-Kickback, and healthcare regulatory frameworks
- Assist with insurance, risk management, and contractual oversight
- Provide financial input for board and executive decision-making
Qualifications
- Bachelor’s degree in Finance, Accounting, or related field (MBA, CPA, or CFA preferred)
- 10 years of progressive financial leadership experience
- Prior experience in physician practice management, healthcare services, or MSO environment strongly preferred
- Demonstrated expertise in healthcare revenue cycle, physician compensation, and reimbursement
- Strong analytical, communication, and leadership skills
- Ability to work effectively with physician owners in a collaborative environment
What We Offer
- Senior leadership role with meaningful influence on practice direction
- Competitive compensation package, commensurate with experience
- Opportunity to play a key role in long-term growth and succession planning
- Stable, physician-led organization with a strong clinical reputation
How to Apply
Qualified candidates should submit a resume and brief cover letter outlining relevant healthcare finance experience. All inquiries will be handled confidentially
Salary : $150,000 - $275,000