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Division Chief Financial Officer

Brentwood, TN · On-site

$450 - $600/hr

The Division CFO will have oversight of Behavioral Health located in Brentwood TN. At Lifepoint Health, we are committed to empowering and supporting a diverse and determined workforce who can drive ...

W S Darley & Co

Chief Financial Officer (CFO)

Itasca, IL · On-site

$300K - $500K/yr

Registered or Licensed CPA preferred * 10+ years of senior finance leadership experience (CFO, Divisional CFO, or equivalent), preferably with government contracting or Defense and Aerospace ...

Trandon Associates, Inc

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CFO - Construction

Bronx, NY · On-site

$250K - $300K/yr

The Vice President of Finance / Division CFO leads all financial activities for the the organization. This executive is responsible for producing timely financial reports, developing growth ...

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$261.5K

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How much do division cfo jobs pay per year?

As of Aug 30, 2026, the average yearly pay for division cfo in the United States is $261,533.00, according to ZipRecruiter salary data. Most workers in this role earn between $141,000.00 and $400,000.00 per year, depending on experience, location, and employer.

What is a division CFO?

Division CFOs, or Division Chief Financial Officers, are senior executives responsible for overseeing the financial operations of a specific business unit or division within a larger company. Their primary duties include budgeting, financial planning, reporting, and ensuring the financial health of their division. They work closely with divisional leaders and the corporate CFO to align financial strategies with organizational goals. Division CFOs also help drive business performance by analyzing financial data and providing strategic recommendations.

What skills and qualifications are needed to thrive as a division CFO?

To thrive as a Division CFO, you need expertise in financial management, strategic planning, and regulatory compliance, typically supported by a degree in finance, accounting, or business and often a CPA or MBA. Familiarity with financial reporting systems, ERP software, and advanced Excel skills is critical for overseeing complex budgets and analytics. Leadership, strong communication, and problem-solving abilities help a Division CFO build high-performing teams and influence organizational direction. These competencies are vital for ensuring financial stability, driving growth, and supporting informed decision-making across the division.

How does a division CFO typically collaborate with other departments to drive business performance?

A Division CFO works closely with leaders from operations, sales, marketing, and HR to align financial strategies with business objectives. This collaboration often involves regular meetings to review financial performance, set budgets, and identify opportunities for cost savings or revenue growth. The Division CFO also provides financial insights and analysis to support decision-making, ensuring that each department understands the financial impact of their activities. Effective communication and cross-functional teamwork are essential for driving the division's overall success.
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Division Cfo jobs near you
Infographic showing various Division Cfo job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 15% Part Time, and 5% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $261,533 per year, or $125.7 per hour.

Division Chief Financial Officer

Brentwood, TN • On-site

Quorum Health
Health Care and Social Assistance • 1 - 5K employees

6.5

Company rating: 6.5 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

People enjoy working here

Recommended by parents

Respectful managers

Learn more about Quorum Healthexternal

Full-time

Re-posted 7 days ago

Job description

Division Chief Financial Officer (CFO)
Quorum Health Corporate Office - Brentwood, Tennessee
Position Summary: The Division Chief Financial Officer's primary functions are to assist the COO with meeting or exceeding the yearly profit objectives: monitoring hospital capital expenditures for contract and budget compliance, working closely with the CEO and CFO of each facility during the evaluation of new services, and coordinating efforts towards the hospital managed care development.
Key Responsibilities:
  • Facilitate monthly close at the hospitals, ensuring all close schedules are met and all corporate accounting policy and procedures are followed.
  • Facilitate hospital responses generated by Reimbursement's review of the monthly contractual packages
  • Prepare for Corporate monthly operation review with the Division President
  • Monitor hospital capital expenditures for contract and budget compliance with assistance from team members.
  • Review and make recommendations to the Division President for non-budgeted capital items and capital items above the hospital CEO approval level.
  • Review CERs and maintain division discretionary funds.
  • Work closely with the hospital's CEO and CFO during the evaluation of new services, which includes reviewing the need of the proposal and the financial impact of the new service.
  • Make recommendations to the COO on the pursuit of proposed new service lines.
  • Ensure all new services have had the appropriate legal, reimbursement and accounting reviews performed prior to approval.
  • Coordinate/review deal points and contracts and make appropriate recommendations to the COO.
  • Coordinate Division efforts in managed care development in conjunction with VP-Business Development/Managed Care
  • Review all managed care contracts submitted by the hospital and the related recommendations form the VP-Bus. Dev. And make appropriate recommendations to the Division President.
  • Implement appropriate managed care tracking at each facility.
  • Set the expectations for office managers.
  • Review/monitor progress in AR days, Bad Debt, past results, etc.
  • Work closely with the Director of Business Operations to resolve business office issues - training workflow, collections, etc.
  • Ensure that there are appropriate initiatives at each facility to address hospital specific issues - skill mix, supplies, purchased service costs, medical specialist fees, etc.
  • Work closely with Internal Audit to ensure the financial integrity of the hospital's financial statements.
  • Assist in implementation of Internal Audit recommendations and ensure hospital compliance with SOX guidelines.
  • Review all budget packages with the CEO, CFO, and CNO of each facility - Projections. Operations Budget and Capital Budget.
  • Prepare Division President for corporate budget reviews.
  • Verify the accuracy of the due diligence model prepared by Acquisitions.
  • Evaluate the major deal points relative to the future financial operations.
  • Verify the adequacy of reserves included in the contract.
  • Coordinate all transition issues after the sale is completed - Accounting, IS, Staffing, etc.
  • Work with executive recruiting and other members of Division to interview and select CFOs and ACFOs for the hospitals.
  • Work with compensation function and company CFO to determine hospital CFO and ACFO compensation.
  • Develop the hospital CFOs by ensuring that there is adequate training and awareness of corporate policy and procedures, changes in accounting procedures, etc.
  • Other duties may be assigned

Required Qualifications:
  • Reasoning Ability - Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
  • CPA License preferred

Education/Experience:
  • Bachelor's degree in accounting or related field is required
  • Master's degree preferred
  • 8 + years of accounting and audit experience
  • Acute care hospital CFO level experience highly preferred
  • Public accounting experience preferred

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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