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Cfo Jobs in Springfield, IL (NOW HIRING)

Farnsworth Group

Finance Director

Springfield, IL · On-site

This role partners closely with the CFO, executive leadership, and business unit leaders to drive financial performance, support growth initiatives, and ensure the integrity of financial operations.

Farnsworth Group

Finance Director

Springfield, IL · On-site

$175K - $215K/yr

This role partners closely with the CFO, executive leadership, and business unit leaders to drive financial performance, support growth initiatives, and ensure the integrity of financial operations.

State of Illinois

Human Resources Manager

Springfield, IL · On-site

$116K - $182K/yr

Utilize data from compensation platforms to provide guidance and recommendations to the Executive Director/CIO, Chief Financial Officer, and HR Director on system-wide salary grade updates to ...

State of Illinois

Human Resources Manager

Springfield, IL · On-site

$116K - $182K/yr

Utilize data from compensation platforms to provide guidance and recommendations to the Executive Director/CIO, Chief Financial Officer, and HR Director on system-wide salary grade updates to ...

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All JobsCfo JobsCfo Jobs in Springfield, IL

Cfo information

See Springfield, IL salary details

$51.5K

$259.2K

$396.4K

How much do cfo jobs pay per year?

As of Jul 17, 2026, the average yearly pay for cfo in Springfield, IL is $259,207.00, according to ZipRecruiter salary data. Most workers in this role earn between $139,700.00 and $396,400.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a CFO, and why are they important?

To thrive as a CFO, you need deep expertise in financial management, accounting, strategic planning, and typically a degree in finance or accounting, often supported by a CPA or MBA. Familiarity with ERP systems, financial modeling tools, and regulatory compliance frameworks is crucial. Strong leadership, communication, and decision-making skills set outstanding CFOs apart by enabling effective collaboration and guidance across departments. These skills are essential for driving organizational growth, ensuring financial health, and supporting informed executive decision-making.

What is the difference between Cfo vs Financial Controller?

AspectChief Financial Officer (CFO)Financial Controller
Primary RoleStrategic financial planning, oversight of entire finance department, executive decision-makingManaging accounting operations, financial reporting, compliance, and internal controls
Required CredentialsTypically CPA or CFA, extensive finance experience, leadership skillsOften CPA, accounting background, strong knowledge of accounting standards
Work EnvironmentExecutive suite, collaborating with CEO and boardFinance department, accounting teams, internal reporting
Industry UsageUsed across industries for strategic leadershipCommonly found in organizations with complex accounting needs

The CFO focuses on strategic financial leadership and long-term planning, while the Financial Controller handles day-to-day accounting operations and financial reporting. Both roles require strong financial credentials, but the CFO's scope is broader, involving executive decision-making and company-wide financial strategy.

What jobs make $1,000,000 a year?

Chief Financial Officers (CFOs) in large corporations often earn salaries exceeding $1 million annually, including base pay, bonuses, and stock options. Other high-earning roles include successful entrepreneurs, hedge fund managers, and certain investment bankers, especially those in senior positions or with significant assets under management. These roles typically require extensive experience, advanced skills, and often involve performance-based incentives.

How does a CFO typically collaborate with other departments to drive organizational strategy?

A CFO works closely with leaders from all departments, such as operations, sales, and HR, to align financial planning with overall business objectives. This includes participating in strategic planning meetings, providing financial insights for decision-making, and ensuring resources are allocated effectively. CFOs often lead cross-functional teams on budgeting, forecasting, and major projects, acting as a bridge between finance and other areas. Their input is crucial for evaluating investments, setting performance targets, and identifying cost-saving opportunities, making collaboration a key part of the role.

Is CFO higher than CPA?

A CFO (Chief Financial Officer) is a senior executive responsible for a company's financial strategy and overall financial management, often part of the executive leadership team. A CPA (Certified Public Accountant) is a professional certification for accountants, which can be held by individuals at various career levels. The CFO position is generally higher in organizational hierarchy than a CPA certification, which is a credential rather than a job title.

What are CFOs?

CFOs, or Chief Financial Officers, are senior executives responsible for managing the financial actions of a company. They oversee financial planning, risk management, record-keeping, and financial reporting. CFOs are also involved in strategic decision-making, working closely with other executives to drive the company's financial health and long-term growth. Their role is crucial for ensuring the organization’s financial stability and compliance with regulations.

Do CFOs get paid a lot?

Chief Financial Officers (CFOs) are among the highest-paid executives in organizations, with median annual salaries often exceeding $150,000 and total compensation including bonuses and stock options reaching into the millions for large companies. Compensation varies based on company size, industry, location, and experience, and CFOs typically hold advanced degrees and professional certifications such as CPA or CFA.

What are the jobs of a CFO?

A CFO (Chief Financial Officer) is responsible for managing a company's financial planning, risk management, record-keeping, and financial reporting. They oversee budgeting, analyze financial data, develop strategies to improve financial performance, and ensure compliance with regulations. CFOs often work closely with other executives and use financial software tools to support decision-making.

What Is The Job of a CFO?

A CFO, or Chief Financial Officer, is one of the senior corporate officers accountable for overseeing and managing the financial risks of a corporation. They are usually in charge of financial planning and record-keeping. A CFO may also be called a finance director (FD). The CFO reports directly to the CEO. CFOs oversee cash flow, performance, liability, partner and shareholder relations, and budgets/expenses. They also monitor the Accounting, IT, Finance, and HR departments. On a given day, a CFO may spend time checking on the accounting staff, monitoring cash flow and management, and meeting with the CEO and other leaders. CFOs typically have a bachelor’s or master’s degree in finance and several years of relevant leadership experience in the finance sector.

More about Cfo jobs
What job categories do people searching Cfo jobs in Springfield, IL look for? The top searched job categories for Cfo jobs in Springfield, IL are:
What cities near Springfield, IL are hiring for Cfo jobs? Cities near Springfield, IL with the most Cfo job openings:
Cfo jobs near you
Infographic showing various Cfo job openings in Springfield, IL as of July 2026, with employment types broken down into 89% Full Time, 10% Part Time, and 1% Contract. Highlights an 86% Physical, 4% Hybrid, and 10% Remote job distribution, with an average salary of $259,207 per year, or $124.6 per hour.
Vice President, Revenue Cycle

Vice President, Revenue Cycle

Springfield Clinic

Springfield, IL • On-site

$250K/yr

Full-time

Re-posted 27 days ago

Springfield Clinic rating

6.7

Company rating: 6.7 out of 10

Based on 58 frontline employees who took The Breakroom Quiz

526th of 886 rated healthcare providers

Job description


The Vice President, Revenue Cycle is responsible for the management of the Springfield Clinic's accounts receivable to optimize reimbursement in a compliant fashion. Scope of responsibility includes Patient Accounting functions such as billing, collections, account follow-up, denials, cash management/application, revenue integrity and charge capture and prior authorizations; and Health Information Management functions such as coding, document management, release of information, coding auditing and education and EHR record integrity. Serves as a change agent in a constantly changing and growing multi-specialty practice and drives process and systems supporting the change and growth. Provides subject matter expertise related to the development of a compliant, comprehensive, professional revenue cycle division. Is accountable for protecting the Clinic's accounts receivable asset by ensuring that contemporary processes and systems are utilized that promote strong cash collections, minimize bad debt and provide an excellent patient experience.
Job Relationships
Reports to the CFO
Essential Standard Job Functions
  • Drive modernization of billing platforms and front-end digital tools.
  • Serve as a key partner to the CFO and executive team in aligning revenue cycle strategy with company-wide financial goals.
  • Support payer contracting strategy and Value-Based Payment (VBP) readiness efforts.
  • Leads and directs the Revenue Cycle Division's activities through reporting Directors with guidance from the CFO. Establishes operational goals, objectives and budgets. Responsibilities include the planning of optimal operating policies and procedures required to deliver quality services and enhance operational processes and workflows. Collaborates closely with physicians and operations leadership to align revenue cycle processes with organizational workflows. Collaborates closely with physicians and operations leadership to align revenue cycle processes with organizational workflows.
  • Designs and oversees an industry-leading revenue cycle operational model that ensures fiscal responsibility and high physician and customer satisfaction, organizational efficiency, and strong financial performance while assuring accurate and complete data collection, streamlined financial clearance functions prior to service and sound cash collections processes.
  • Demonstrate success leading enterprise-wide revenue cycle transformation, workforce optimization, and technology modernization.
  • Monitors ongoing performance of the revenue cycle through the development, production and distribution of performance metrics. Facilitates performance improvement/process redesign as needed.
  • Oversees all contracted/outsourced services. Builds and maintains strong relationships with external vendors to ensure service quality, cost-effectiveness and alignment with revenue cycle goals. Effectively negotiates contracted arrangements and manages performance from all vendors.
  • Communicates regularly and effectively with subordinates and superiors regarding the status and condition of the revenue cycle operations; raises issues/concerns timely and appropriately.
  • Communicates, collaborates, organizes, prioritizes, leads, facilitates, coaches and problem solves with reporting directors and peers to ensure that division and system goals, objectives and operational budgets are met.
  • Ensures compliance with relevant regulations, standards and directives from regulatory agencies, governmental bodies and third parties. Responsible for responding to any legislation/regulatory billing changes.
  • Develops, implements and maintains compliant policies and practices for all departments within the revenue cycle division.
  • Comply with Springfield Clinic incident reporting policy and procedures.
  • Adhere to all OSHA and Springfield Clinic training and accomplishments as required by policy.
  • Provide excellent customer services and adhere to Springfield Clinic's Code of Conduct and Ethics Standards
  • Perform other job duties as assigned.

Non-Essential Standard Job Functions
  • Demonstrates positive energy when interacting with internal and external colleagues
  • Excellent communicator and team builder with the ability to drive alignment and cultural buy-in across clinical, financial and operational teams
  • Action and results oriented; pro-active
  • High ethical integrity
  • Financial acumen
  • Data driven
  • Quick study
  • Strategic and systems thinker
  • Leads by example
  • Interest and aptitude in understanding the importance of emerging healthcare issues
  • Presents complex or difficult messages clearly, understandably and persuasively
  • Self-starter who has passion and drive about contributing
  • Creative yet practical; thinks outside of the box
  • Able to manage conflict and negotiate adeptly with individuals and groups
  • Solid current knowledge and high intellectual curiosity regarding best practices, business process re-engineering, information technology and business planning
  • Confident, decisive and proactive in dealing with peers
  • Strong people management and leadership skills
  • Extremely organized, disciplined, hands-on and process-oriented leader who is not afraid of digging into details when necessary
  • Highly engaged, focused and execution oriented
  • Actively seeks out and supports collaborative thinking and problem solving with others in the organization

Department Specific Job Functions
  • Record of successfully executing on strategic initiatives
  • Proven ability to make sound business decisions regarding human resources, budgets and deadlines consistent with the requirements of the business
  • Demonstrated ability to build successful and impactful teams and make positive team-centered contributions
  • Is able to get work done through others; sets and communicates goals and initiatives; measures accomplishments; holds people accountable; provides constructive feedback and develops team; effectively delegates
  • Embraces challenges; comfortably and professionally confronts conflict; has crucial conversations when necessary
  • Focuses on action and outcomes/deliverables
  • Adept at learning and understanding organizational culture - adapting to it and influencing it at the same time
  • Is able to build diverse networks; quick to find common ground
  • Is a person of high character; is consistent and acts in line with a clear and visible set of values; communicates with honesty and respect
  • Maintains an open-door policy and approachability for all levels of staff whether within the revenue cycle division or outside of the division

Excellent communicator and team builder with the ability to drive alignment and cultural buy-in across clinical, financial and
Education/Experience
  • Bachelor's degree in Healthcare Administration, Finance, Accounting, Business Management, or a related field is required. Master's degree in Business Administration or Healthcare Administration is preferred.
  • Minimum of 10 years of experience in a progressively responsible healthcare revenue cycle and/or patient financial services role is required, of which five of those years are in an executive/vice-president position. Experience with billing and collections at a multi-specialty medical group preferred

Salary
Approximate starting base salary of $250K with bonus incentive opportunity. Actual compensation will be determined based on qualifications, experience, and internal equity.
PHI/Privacy Level
HIPAA 1

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