Divisional Chief Financial Officer - Ophthalmology

EyeCare Partners - Ballwin, MO

Full-time - Senior

Ballwin, MO

Ambulatory Health Care Services

About the position

The Chief Financial Officer (CFO) for the Ophthalmology Division at EyeCare Partners is a key executive role responsible for overseeing the financial health, strategy, and performance of the division. This position combines strategic financial leadership with operational oversight to ensure long-term growth and profitability. The CFO will collaborate closely with the President of Ophthalmology and senior management to develop and execute financial strategies, manage financial risks, and support key business decisions, particularly in the healthcare and ophthalmology sectors.

Responsibilities

• Develop and implement financial strategies to support the growth and profitability of the Ophthalmology Division.
• Provide strategic financial guidance and insights to the President of Ophthalmology and CEO, senior leadership team, and other stakeholders.
• Collaborate with the executive team to set and execute long-term financial goals and operational objectives.
• Drive financial planning, forecasting, and budgeting processes to ensure alignment with overall business goals.
• Oversee the preparation and presentation of financial statements, reports, and forecasts for the ophthalmology division.
• Ensure the accuracy, integrity, and timeliness of all financial reporting, both internally and externally.
• Manage the financial reporting cycle, including quarterly and annual financial reviews, audits, and regulatory filings.
• Analyze financial performance and key metrics, identifying areas for improvement and opportunities for cost control.
• Optimize the division's cash flow, ensuring sufficient liquidity for operations, investments, and growth initiatives.
• Develop and manage capital allocation strategies, balancing investment in new technology, facilities, R&D, and other growth opportunities.
• Manage relationships with financial institutions, investors, and other stakeholders to secure financing as needed.
• Ensure compliance with financial regulations, accounting standards, and industry-specific healthcare requirements.
• Identify financial risks and implement strategies to mitigate risks, including in areas of insurance, credit, and market volatility.
• Ensure robust internal controls are in place to safeguard assets, prevent fraud, and maintain financial integrity.
• Lead and manage the finance team, including accounting, financial planning, and analysis functions.
• Mentor and develop finance staff, promoting a culture of excellence, accountability, and continuous improvement.
• Foster cross-functional collaboration between finance and other departments such as operations, sales, marketing, and R&D.
• Lead financial due diligence and integration processes for any potential mergers, acquisitions, or strategic partnerships.
• Evaluate new business opportunities, including potential acquisitions, joint ventures, and partnerships in the ophthalmology space.
• Analyze the division's cost structure and identify opportunities for operational efficiency and cost savings.
• Recommend financial and operational improvements to optimize margins, improve productivity, and drive profitability.
• Work closely with the operations and sales teams to ensure alignment between financial goals and operational performance.

Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field; MBA or CPA is highly preferred.
• At least 10 years of progressive financial leadership experience, with a proven track record in the healthcare or ophthalmology sector.
• Strong knowledge of the ophthalmology industry, including trends, regulations, and financial challenges specific to eye care providers, medical devices, or pharmaceuticals.
• Demonstrated success in leading and managing a finance team, as well as working collaboratively with senior executives and cross-functional teams.
• Strong proficiency in financial modeling, forecasting, and reporting tools; experience with ERP and financial software systems is a must.
• Ability to analyze complex financial data and provide actionable insights; strong business acumen and strategic mindset.
• Excellent communication and presentation skills, with the ability to explain complex financial concepts to non-financial stakeholders.
• Understanding of healthcare-specific regulatory requirements (e.g., HIPAA, FDA regulations, reimbursement systems) is a plus.

Nice-to-haves

• Experience in mergers and acquisitions within the healthcare sector.
• Familiarity with advanced financial software and analytics tools.

Benefits

• Competitive salary and performance bonuses.
• Comprehensive health insurance coverage.
• 401(k) retirement plan with company matching contributions.
• Paid time off and holidays.
• Opportunities for professional development and continuing education.