Chief Financial Officer (CFO)

$200K - $250K
Remote
Remote
-
US
Finance
Consultant
Tom Haussrer
Head of Board and Advisory US Healthcare
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Chief Financial Officer (CFO)

Company Overview

The company is a private equity–backed healthcare manufacturing organization operating in a regulated environment. The business is in a turnaround phase, with a clear mandate to improve financial discipline, strengthen controls, and preserve liquidity while supporting day-to-day operations.

Role Summary

Reporting to the CEO and working closely with the Board and private equity sponsor, this role is highly hands-on and execution focused.

The CFO will bring rigour to controllership, scrutinize every dollar of spend, and manage cash with urgency. This is not a strategy-only role. Success requires comfort operating in the details, making tough tradeoffs, and directly owning outcomes in a cash-constrained environment.

Key Responsibilities:

Cash and Liquidity Management

·      Own short-term cash forecasting and daily liquidity visibility

·      Manage disbursements, approvals, and payment prioritization

·      Partner with private equity sponsors and lenders on cash planning

Controllership and Financial Discipline

·      Lead accounting, close processes, and financial reporting

·      Strengthen internal controls, policies, and approval frameworks

·      Scrutinize operating expenses and identifyimmediate cost reductions

·      Ensure accuracy in billing, collections, and revenue recognition

Turnaround Execution

·      Establish financial triage to stabilize near-term performance

·      Support restructuring initiatives and cost containment efforts

·      Provide clear, fact-based recommendations toleadership

FP&A and Decision Support

·      Build realistic budgets and rolling forecasts aligned to cash constraints

·      Track performance versus plan and highlight risks early

·      Develop simple, actionable reporting forleadership and the Board

Stakeholder and PE Engagement

·      Prepare clear, concise updates for the Board and private equity partners

·      Support lender communications, covenant compliance, and reporting

·      Coordinate with legal and advisors as needed

Team Leadership

·      Lead a lean finance and accounting team with a player-coach mindset

·      Set expectations, drive accountability, and elevate core finance capabilities

 

Qualifications:

·      Extensive experience in progressive finance and accounting leadership roles. Ideally 5+ as a CFO or Finance department leader.

·      Strong controllership background with hands-onownership of accounting and close

·      Experience leading organizations through financial stress, turnaround, or recovery

·      Proven ability to manage cash tightly in constrained environments

·      Background in healthcare manufacturing or a similar regulated industry strongly preferred

·      Experience working with private equity sponsors and Boards

·      Comfortable operating without excess resources or infrastructure

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