CONFIDENTIAL SEARCH: 

Bachelor degree in accounting, finance or business
administration.   CPA/CMA strongly
preferred.

15+ years relevant experience, with extensive accounting
background.

Experience in the health services is required.

Base Salary - $145,000 - $180,000 + Bonus Eligible – Yes

Detailed Description

The CFO for this multi-site healthcare services provider in
a suburb of Minneapolis, MN is responsible for the day-to-day financial,
administrative and back-office affairs of this organization.  We are seeking a "right hand" to
the CEO, who will assume a hands-on, in the details approach to a variety of
activities yet also be a value added partner in evaluating strategic
alternatives.  The Company currently has
approximately $18 million of revenues and is expected to continue growing
quickly by adding new capacity and improving its revenue per customer.   

Areas of responsibility include accounting / finance / cash
flow forecasting, billing and collecting, contracting with third parties, human
resources and information technology. 
This is a "roll up your sleeves" position in a fast-paced
entrepreneurial environment.  The
individuals that currently report to the CFO position are: Director of Finance,
Director of Revenue Cycle Management, an outsourced Information Technology
office and an internal IT support role.

The CFO reports to the CEO.

The CFO will oversee accounting, financial analysis, risk
management, the objective and analytical measurement of company performance,
back-office operations, administration and collaborate with the CEO to develop
various recommendations for increasing profitability and return on assets.  More specific tasks are outlined below:

Finance / Accounting / Revenue Management

-              Oversee
the billing and collecting team.  Use
innovation and discipline to ensure timely accurate invoicing, cash application
and collections activity.

-              Oversee
cash management, with particular attention to A/R, A/P and cash flow
forecasting

-              Produce
monthly financial statements for Board, CEO, lenders and management

-              Develop
and maintain a "dashboard" of key metrics for regular distribution

-              Budget,
forecast, and track financial performance

-              Proactively
evaluate key business drivers of growth, profitability, and productivity

-              Ensure
that timely filing of all tax matters

-              Manage
relationships with vendors and payers (insurance companies and Medicare).

-              Process
payroll.

-              Manage
the annual audit process and auditor relationship

-              Manage
the relationships with the Company's lenders, and ensure compliance with their
various reporting requirements

Administrative / Operations / Other 

-              Oversee
human resources and perform various HR functions as needed.

-              Assume
responsibility for the Company's information technology, evaluating
capabilities and implementing improvements as needed.

-              Ensure
compliance with company procedures, programs and government regulations

-              Assist
CEO in assessing growth initiatives and/or innovative business arrangements

-              Contribute
to strategic planning by interpreting financial data, highlighting problems and
opportunities, and developing innovative ways to measure performance.

Requirements:

Demonstrated expertise at managing complex information
technology systems, and creating processes and procedures that ensure proper
use. 

Strong Accounting Background:  The successful candidate will be expected to
continue professionalizing the accounting, finance, billing and collecting
departments.  This hands-on role will
require an in-depth understanding of accounting, finance and revenue
management. 

Detail Oriented: Delving into details of the Company's
financial and administrative affairs should come naturally.

Highly Organized, Able To Multi-Task Effectively: The
position will require the balancing of multiple priorities while completing
certain tasks on a tight deadline.  

Pro-Active Information Gathering and Problem Solving: As the
Company's day-to-day administrative leader, the candidate will be expected to
pro-actively project or identify issues, obtain explanations and work with the
CEO to quickly implement corrective action, if necessary. 

Description of the Ideal Candidate

Strong Teamwork Skills: The candidate should possess
demonstrated experience in generating respect and trust from staff and external
constituencies. 

Excellent Communication Skills: Whether negotiating with
vendors and payors, interacting with employees, or presenting to the Board of
Directors or CEO  the candidate should be
able to effective communicate information and his/her opinions. 

Comfort With Entrepreneurial Environment:  The candidate should be comfortable with the
fast-paced, hands-on, relatively unstructured environment of an entrepreneurial
company.  This environment also requires
the person in this position to be able to perform certain basic accounting
tasks while having the necessary skills and abilities to be a critical member
of the senior management team that is responsible for the continued growth and
profitability of the company