Chief Financial Officer (CFO) at Washington Regional Medical System

**Organization Overview, Mission, Vision, and Values** Our mission is to improve the health of people in the communities we serve through compassionate, high-quality care, prevention, and wellness education[. Washington Regional Medical System](https://www.wregional.com/) is a community-owned, locally governed, non-profit health care system located in [Northwest Arkansas](https://www.wregional.com/main/northwest-arkansas-links) in the heart of Fayetteville, which is consistently ranked among the Best Places to live in the country. Our 425-bed medical center has been named the [#1 hospital in Arkansas](https://intranet.wregional.com/main/news/washington-regional-named-1-hospital-in-arkansas-f-1168) for five consecutive years by U.S. News & World Report. We employ 3,400+ team members and serve the region with over 40 clinic locations, the region’s only Level II trauma center, and five Centers of Excellence - the [Washington Regional J.B. Hunt Transport Services Neuroscience Institute](https://www.wregional.com/neuroscience-institute/neuroscience-institute); [Washington Regional Walker Heart Institute](https://www.wregional.com/walker-heart-institute/walker-heart-institute); [Washington Regional Women and Infants Center](https://www.wregional.com/womens-health/womens-health); [Washington Regional Total Joint Center](https://www.wregional.com/total-joint-center/total-joint-center); and [Washington Regional Pat Walker Center for Seniors](https://www.wregional.com/senior-health/senior-health). **Position Summary** The Chief Financial Officer (CFO) is responsible for providing strategic and operational leadership for the organization’s financial health. Reporting to the President & CEO and serving as a key member of the executive leadership team, the CFO oversees financial planning and analysis, budgeting, treasury and cash management, accounting and financial reporting, reimbursement and cost reporting, revenue cycle performance, supply chain/materials management, and related shared services as assigned. The CFO ensures timely, accurate financial information and maintains sound internal controls and governance practices. This role partners closely with clinical, operational, and physician leaders to optimize performance, strengthen margins, support growth initiatives, and advance the organization’s mission. This role also serves as a primary financial advisor to the Board of Directors (or Finance/Audit Committee), presenting financial results, forecasts, capital plans, and key risk indicators. This role is primarily office-based with routine presence in clinical and operational areas as needed. Occasional travel may be required for meetings, conferences, or system activities. **Essential Duties and Responsibilities** - **Financial strategy & performance** - Develop and execute financial strategy aligned to organizational goals; translate strategy into multi-year financial plans, capital plans, and operating targets. - Lead annual budgeting and forecasting processes; monitor performance, identify variances, and drive corrective actions in partnership with operational leaders. - Provide timely, decision-ready financial analysis (service line, provider, site-of-care, contract, and capital ROI analyses) to support growth and performance improvement. - **Accounting, reporting & controls** - Oversee general accounting, month-end close, financial statements, and management reporting in accordance with applicable standards and requirements. - Maintain a strong internal control environment; ensure appropriate segregation of duties, audit readiness, and accurate financial records. - Lead external audit activities and act as executive sponsor for finance policies, procedures, and systems governance. - **Treasury, cash & capital** - Direct treasury functions including cash forecasting, banking relationships, liquidity management, debt administration, and investment strategy consistent with policy and risk tolerance. - Oversee capital planning,…