Chief Financial Officer

Chief Financial Officer Position

Start Date:

ASAP. Pay Range: $215,000 – $250,000 annually.

• The Chief Financial Officer (CFO) is responsible for the organization’s financial planning and accounting practices while overseeing approximately 6+ direct reports within Island Health.
• Reporting to the CEO, the CFO will work as a vital member of the executive team and assist in strategic planning, delivering essential financial information to all involved parties regarding billing requirements, budgets, and financial planning.
• The CFO will oversee accounting processes including audits and tax reporting and will be responsible for financial and metric reporting to executive leaders and board members.
• This leader will oversee budgeting while identifying, evaluating, and executing financial strategies to ensure that program expenses are sustainable while maximizing revenues throughout the organization. Overall responsibility for viability, productivity, audit control/trials for fiscally related systems/programs at Island Health, including updates to meet regulatory requirements, enhance productivity, accuracy, and cash flow.
• Ability to address/evaluate competitive programs managed health care systems (PPO, HMO, IPA, etc.) and potential revenue‑producing programs for the hospital and/or the hospital district.
• Seeks a strategic leader who will enhance effectiveness, efficiency, and productivity throughout the organization while guiding staff toward organizational performance improvement goals, with a strong focus on revenue cycle and supply chain operations.
• The CFO must uphold the customer‑focused culture while seeking ways to strengthen services and maintain the financial structure throughout the organization.
• Must bring excellent critical thinking skills, forecasting strategies, interpersonal/negotiation skills, business acumen, and exemplary work ethics to shape the overall direction of the organization.
• Values a team mindset and creates trusting, positive working relationships with staff, physicians, and executive leadership; demonstrates strong collaboration, communication, analytical skills, and prioritizes, delegates, and executes tasks efficiently to support financial performance.

• Master’s degree required.
• CPA certification preferred.
• Minimum 5+ years of CFO or VP of Finance experience within an acute care setting required.

• Base salary range: $215,000 – $250,000 annually. Eligible for additional benefits including health insurance, retirement benefits, and bonuses.
• Total compensation will be determined based on role scope, experience, education, accomplishments, internal equity, budget, and subject to Fair Market Value evaluation.
• The salary range is a good‑faith determination at time of advertisement and may be modified in the future.

• Island Health is a 43‑bed organization that believes in courageous care, serving patients across three counties in Anacortes and Orcas Island.
• It offers a wide range of services, from behavioral health to diabetes education, physical therapy, primary care, sleep wellness, sports and spine, surgery, urology, and more.
• Island Health was the only hospital in Washington State to receive America’s 100 Best Orthopedic Surgery award in 2021.
• It earned an overall five‑star hospital rating from the Centers for Medicare and Medicaid Services (CMS), the highest distinction awarded by the federal agency.