Chief Financial Officer - Wake Area Financial Operations

Chief Financial Officer - Atrium Health Wake Area

The Chief Financial Officer, Wake Area Vice President Financial Operations is a key member of the executive leadership teams for both the Health System and School of Medicine as well as the Advocate Health Finance Leadership Team. This role reports to the CFO of the North Carolina and Georgia (NC/GA) Division of Advocate Health, with matrix reporting to both the Chief Executive Officer (CEO) of AHWFB and the Advocate Health (AH) Chief Academic Officer (CAO) & Dean of WFUSOM.

The Chief Financial Officer, Wake Area Vice President Financial Operations serves as the principal financial liaison to AHWFB’s governing bodies and Wake Forest University, as well as to Advocate Health senior management, ensuring alignment of financial strategy with organizational goals.

• Financial reporting (internal and external)
• Budgeting and forecasting
• Capital and business planning
• Strategic financial analysis

This executive is responsible for financial operations across AHWFB and WFUSOM in collaboration with the Advocate Health enterprise and division finance teams.

Serves as the accountable finance leader for financial operations, including managing performance of the clinical assets (wholly owned and joint venture/other partnerships) and influencing and supporting performance of academic (education & research), and corporate (administrative and clinical) assets and departments.

Serves as a strategic advisor to both the CEO of AHWFB and the AH CAO & Dean of WFUSOM. Builds strong, positive relationships by establishing trust and credibility with all stakeholders: administrative and clinical leaders across the health system, Wake Forest University, the faculty practice, board members, and external constituents.

• Manages, plans, and organizes the financial operations of AHWFB, including financial performance, analytics and reporting, planning, budgeting and capital management.
• Directs completion and reviews/reports on financial performance. Identifies, assesses, documents, and monitors opportunities to maximize revenue and manage expenses. Identifies and drives opportunities for savings with the executive leadership team. Evaluates and improves financial operations and related policies to ensure that they best support an integrated approach to service delivery.
• Leads collaboration efforts with AH, AHWFB, and WFUSOM academic leadership, ensuring alignment, completion and maintenance of annual Long Range Financial Plan and operating and capital budget processes. Analyzes variances to budgets/forecasts and communicates to Area and Division operations and finance leadership. Partners with operations leaders to ensure financial targets are met and/or exceeded.
• Advises AHWFB leadership on financial performance while also serving as a strategic liaison to key enterprise departments—such as corporate accounting, managed health resources and reimbursement, revenue cycle, health information management, supply chain, human resources, nursing, IT, and facilities management. Acts as a conduit between area leadership and enterprise functions to align priorities and drive performance.
• Works collaboratively with operations management and corporate revenue cycle departments (Patient Access and Patient Financial Services, Health Information Management, Clinical Documentation Improvement, Reimbursement) to optimize revenue and performance, and better understand/enhance payer and reimbursement trends.
• Standardizes work, processes and deliverables and ensures financial integration within and across the Area and individual patient care sites.
• Presents financial information to governance boards and subcommittees and Area/Division executive and management teams.

• Applies rigorous problem definition, data collection, and analysis to make sound decisions amid uncertainty and ambiguity.
• Identifies key patterns in complex environments, distills insights, and communicates them through clear, simplified, and impactful messaging.
• Sees the big picture and has a long-term perspective, while…