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Director Of Financial Operations

Job in Kankakee, Kankakee County, Illinois, 60901, USA
Listing for: Riverside Healthcare
Full Time position
Listed on 2026-02-28
Job specializations:
  • Finance & Banking
    Financial Manager, CFO, VP/Director of Finance
  • Management
    Financial Manager, CFO
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below
Position: DIRECTOR OF FINANCIAL OPERATIONS

Reporting to the Vice President & Chief Financial Officer, the Director of Financial Operations serves as a strategic finance leader and trusted business partner responsible for driving financial performance, operational excellence, and data-informed decision-making across the organization. The Director provides leadership and oversight for strategic finance, revenue analysis, payer structures, and the development of best-in-class financial and analytic operations that support optimal financial effectiveness, service excellence, and high-quality patient care.

This role partners closely with clinical, operational, and departmental leaders to guide annual operating and capital budgeting, long-range financial planning, forecasting, and performance improvement initiatives. The Director ensures transparent communication of financial results, productivity, resource utilization, KPIs, and variance analyses while proactively identifying trends, risks, and opportunities to strengthen financial performance.

  • Serve as a key strategic partner to the Vice President & CFO in setting and executing the organization’s financial strategy, with accountability for operational financial performance
  • Lead financial planning, budgeting, forecasting, and long-range financial modeling, including annual operating and capital budgets and performance improvement initiatives
  • Ensures compliance with relevant regulations, standards and directives from regulatory agencies and third-party payors
  • Oversees preparation and submission of Medicare, Medicaid and other third-party cost reports
  • Partner with clinical, operational, and departmental leaders to translate financial data into actionable insights related to productivity, resource utilization, service line performance, and revenue optimization
  • Develop and oversee best-in-class financial analytics, benchmarking, and KPI dashboards to drive transparency, accountability, and continuous improvement
  • Analyze financial and operational trends, variances, and risks; proactively develop and implement corrective action plans to achieve financial and operational targets
  • Provide leadership over revenue analysis, payer structures, and labor productivity strategies to support margin improvement and sustainable growth
  • Ensure effective financial controls, policies, and procedures are maintained in accordance with regulatory, audit, and governance standards
  • Lead, mentor, and develop a high-performing finance team; foster strong internal communication, engagement, and a culture of collaboration and accountability
  • Support organizational initiatives that enhance community relationships, physician alignment, and the organization’s overall reputation and mission
Responsibilities Required Education
  • Master’s degree in Finance, Accounting, Business, or related field required; CPA preferred
Required Experience/Skills
  • 7–10+ years of progressive healthcare finance experience, including leadership responsibility within a hospital, health system, or complex healthcare organization
  • Demonstrated expertise in hospital financial operations, including labor productivity, revenue cycle performance, Medicare and Medicaid reimbursement, and operating and capital budgeting
  • Strong strategic, analytical, and financial modeling capabilities with the ability to translate complex data into executive-level insights
  • Proven ability to partner effectively with clinical leaders, physician groups, operational teams, and executive leadership
  • Exceptional communication and presentation skills, with confidence engaging in high-level forums and addressing complex financial issues
  • Experience leading change, driving performance improvement, and developing high-performing teams
  • High integrity, sound judgment, and alignment with organizational values
  • Proficiency in ERP and financial systems, with strong data visualization and reporting capabilities

This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties within scope of practice…

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