Beth Israel Lahey Health · 8 hours ago
Assistant, Chief Financial Officer
Boston, MA
Full-time
Onsite
Director/Executive
$175K/yr - $230K/yr
7+ years expBeth Israel Lahey Health is a healthcare organization committed to making a difference in people's lives. The Assistant Chief Financial Officer (ACFO) plays a vital role in providing financial leadership and operational oversight, ensuring financial performance and strategic growth within the hospital's senior leadership team.
Elder CareHealth CareHospitalPrimary and Urgent CareProfessional ServicesTraining
Responsibilities
Serves as the principal advisor on all aspects of financial operations, strategic financial planning, and capital deployment. Acts as Market/Hospital CFO delegate in their absence and represents Finance in executive forums
Leads and manages the financial functions of the hospital, including financial reporting, budgeting, forecasting, revenue analysis, and service-line financial support. Ensures timely, accurate, and meaningful financial insights are provided to senior leadership
Drives performance improvement initiatives across departments, identifying opportunities for cost containment, revenue enhancement, and improved financial stewardship. Conducts in-depth financial modeling, variance analysis, ROI assessments, and strategic business reviews
Oversees financial modeling and business planning for capital investments, program expansions, and strategic initiatives. Provides data-driven recommendations for lease vs. buy analyses, proformas, and capital planning
Serves as a trusted partner to clinical and operational leaders across the hospital. Supports departmental leadership in understanding the financial impact of clinical decisions and helps build financial acumen across the organization
Directs all aspects of the annual operating and capital budgeting process. Collaborates with system Finance and department leaders to ensure alignment with strategic and operational goals
Supports financial audits, internal controls, and compliance efforts. Ensures that hospital Finance operations adhere to BILH policies, regulatory requirements, and industry best practices
Oversees and mentors a team of Finance professionals. Provides strategic direction, professional development, and succession planning for direct reports. Leads by example to foster a culture of accountability, innovation, and high performance
Leads the development and delivery of high-quality dashboards, reports, and presentations to communicate financial and operational performance to senior leadership, Finance committee and Board, as needed
Engages regularly with hospital and system-level executives, Board members, and external partners to communicate financial performance, risks, and opportunities. Serves as a visible and influential financial leader within the organization
Qualification
Required
Bachelor's degree in Accounting, Finance, or Business Administration
Minimum of 7–10 years of progressive financial leadership experience, preferably within a healthcare or hospital setting
Demonstrated experience in managing financial planning, budgeting, analysis, and reporting in a complex healthcare environment
Strong leadership, interpersonal, and communication skills; capable of influencing at all levels of the organization
Advanced proficiency in Microsoft Excel, PowerPoint, and financial reporting systems
Preferred
Master's degree in Business Administration, Health Administration, or related field
CPA, FHFMA, or equivalent financial credential
Lean Six Sigma certification and/or experience with process improvement methodologies
Membership in ACHE or HFMA
Company
Beth Israel Lahey Health
Beth Israel Lahey Health Center offers patient care, urgent care, assisted living, and research and education services.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Robert Fields
Chief Clinical Officer and Executive Vice President
Recent News
Boston Globe
2025-11-24
Morningstar.com
2025-11-07
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