Chief Financial Officer

Role Description

The Chief Financial Officer (CFO) is a mission-critical executive responsible for driving financial performance, enterprise value creation, and operational discipline across a multi-state behavioral health organization specializing in eating disorders. Reporting to the CEO and partnering closely with the Board and investors, the CFO will lead financial strategy in a private equity–backed turnaround environment.

As a key member of the Executive Leadership Team, this leader will own financial infrastructure, performance visibility, and capital strategy to stabilize, scale, and optimize the business. The CFO will drive EBITDA growth through strong financial management, revenue cycle transformation, and close partnership with operations and clinical leadership.

Location & Travel

• Remote, US based role (must be able to work for any employer in the US unrestricted)
• Travel, 10-20% Across Multiple Sites

Compensation

• Typical Range is $250,000-$350,000 plus incentive pay
• Final Compensation offered will be within pay range based on qualifications/experience met for the position.

How CFOs Empower Recovery

• Financial Strategy & Performance
  • Drive EBITDA growth through margin expansion, cost optimization, and operational efficiency
  • Lead budgeting, forecasting, and long-range planning aligned with value creation goals
  • Develop clear financial insights, including variance analysis and performance drivers
  • Partner with executive leadership to align financial strategy with growth initiatives
• Reporting & Analytics
  • Ensure accurate, timely financial reporting and investor-grade dashboards
  • Establish KPI frameworks linking clinical, operational, and financial performance
  • Create a “single source of truth” for data integrity and decision-making
• Revenue Cycle & Cash Management
  • Lead end-to-end revenue cycle optimization (billing, collections, denials, authorizations)
  • Improve cash flow, DSO, and net revenue realization
  • Partner with clinical and operations teams to optimize reimbursement and patient flow
• Turnaround & Operational Execution
  • Lead financial aspects of turnaround initiatives, including cost restructuring and productivity improvement
  • Identify underperformance and implement corrective action plans
  • Drive financial accountability at site and department levels
• Treasury & Capital Structure
  • Oversee cash flow, liquidity, and capital allocation
  • Manage lender relationships, debt structures, and covenant compliance
• M&A & Growth
  • Lead financial diligence, valuation, and integration for acquisitions
  • Support expansion through disciplined financial modeling and ROI analysis
• Systems, Controls & Compliance
  • Enhance financial systems, processes, and internal controls
  • Ensure audit readiness and compliance with healthcare and multi-state regulations
• Board & Investor Relations
  • Serve as primary financial liaison to Board and private equity sponsors
  • Deliver clear reporting on performance, risks, and value creation progress
• Leadership
  • Build and lead a high-performing finance and revenue cycle team
  • Foster a culture of accountability, transparency, and data-driven decision-making

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field required
• MBA, CPA, or equivalent preferred
• 15+ years of progressive financial leadership, including CFO or senior finance roles
• Experience in private equity–backed healthcare services (behavioral health preferred)
• Proven track record driving EBITDA growth and financial transformation
• Deep expertise in revenue cycle management and payer dynamics
• Experience with capital markets, debt financing, and lender negotiations
• M&A and post-acquisition integration experience
• Strong track record building and leading high-performing teams

Personal Attributes

• Strategic, analytical, and results-driven leader
• Hands-on with strong ownership mindset
• Effective communicator with executive, Board, and investor presence
• Data-driven, transparent, and adaptable in fast-paced environments
• Mission-driven with a commitment to improving patient outcomes

Work Environment & Travel

• Primarily office-based with extended computer use
• Travel 10–20% across multiple states

Benefits

• HSA and PPO insurance with HSA or FSA options (Blue Cross Blue Shield)
• Dental insurance (Delta Dental)
• Vision insurance (EyeMed)
• Short-term and long-term disability insurance
• Company-paid life insurance
• 401(k) plan available two months after start date
• Company 401(k) matching for up to 50% of your contribution, up to 6% of your compensation
• Generous PTO plan accrues annually and begins with your first whole pay period
• Eligible employees enjoy seven paid holidays and one floating holiday in addition to their regular PTO