Chief Financial Officer – Lovelace Medical Center

Company : Ardent Health Services
Location : Montclair, NJ, 07043
Posted Date : 15 September 2025
Job Details
Overview
Ardent Health is a leading provider of healthcare in communities across the country. With a focus on consumer-friendly processes and investments in innovative services and technologies, Ardent is passionate about making healthcare better and easier to access. We are driven by our purpose of caring for people: our patients, our communities and one another.
Located in Brentwood, Tennessee, Ardent has earned a reputation as one of the industry's strongest and most innovative healthcare systems. Our facilities and clinics are consistently recognized among healthcare's best employers. We recognize each hospital and clinic is as unique as the community it serves. We strive to maintain strong community ties through advisory boards, contributions, charitable care, education and outreach.
Ardent includes:
- 30 hospitals
- 280 sites of care
- 4,281 beds
- 24,000+ team members
- 8,200+ nurses
- 1,800+ aligned providers
- 5.8M annual provider encounters
- 421 medical residents
Ardent makes considerable investments in people, technology, facilities, and communities, producing high quality care and extraordinary results. From newly constructed facilities and expanded services, to lifesaving technology and outstanding opportunities for employees, Ardent is committed to providing its hospitals and clinics the tools needed to succeed.
We believe it is this mix of corporate support and local autonomy that equips our teams for success.
Overview — Lovelace Health System
Lovelace Health System celebrated its 100th anniversary, marking a century of caring, change and progress while continuously improving the practice of medicine. Across its five hospitals, 51 health care clinics and 7 outpatient therapy clinics, Lovelace has 619 inpatient beds and employs a team of more than 3,900, including more than 300 health care providers. From the first and only hospital in New Mexico dedicated to women's health to the state's only hospital devoted exclusively to cardiovascular care, Lovelace is a leader in meeting the healthcare needs of this region.
Overview — Lovelace Medical Center
Lovelace Medical Center (LMC) is located in the heart of Albuquerque. LMC is a 263-bed acute care hospital with over 1,100 employees providing comprehensive care, including around-the-clock emergency care, surgical services, non-invasive robotic spine surgery, cardiology, stroke care, radiology and oncology services.
- LMC received the American Heart Association/American Stroke Association Get with the Guidelines Stroke Gold Plus Quality Achievement Award for 2025 for the 13th consecutive year.
- LMC earned Spine Surgery Program Certification from DNV by demonstrating excellence in orthopedic surgery, including diagnosis and treatments in spine surgery as well as Primary Stroke Center Certification for its readiness to handle a full range of stroke-related medical problems.
- The American Nurses Credentialing Center (ANCC) awarded LMC, one of only 249 programs in the world, the Practice Transitional Accreditation Program (PTAP), signifying that the hospital is following best practices and utilizing an evidence-based curriculum that is focused on helping the new graduate nurse transition from student nurse into professional nursing practice.
Heart Hospital of New Mexico at Lovelace Medical Center
Heart Hospital of New Mexico at Lovelace Medical Center (HHNM) is New Mexico's only hospital dedicated exclusively to cardiovascular care, including the state's only facility performing left ventricular assist device (LVAD) implants. The 55-bed facility, which features a state-of-the-art hybrid operating room where surgeons can perform advanced surgical services for cardiovascular patients, has become synonymous with high quality, technologically advanced cardiac care. HHNM was named a fourth consecutive Top Teaching Hospital from 2020 - 2024 by Leapfrog Hospital Safety for its quality of care, including practices for safer surgery and capacity to prevent medication errors.
Job Overview
We have an exciting opportunity to join our leadership team at Lovelace Medical Center as a Chief Financial Officer .
The Chief Financial Officer (CFO) is responsible for the overall financial administration for the facility. Additional areas of responsibility may include: general accounting, data processing, materials management, information systems, and financial reporting. This position ensures that the internal controls are adequate to safeguard the assets of each entity and that the accounting systems are sufficient to generate accurate and timely financial reporting.
Responsibilities
- Help create and implement initiatives in order to build and grow the facility.
- Help analyze and see ideas from a financial mindset in order to help ensure the success of future endeavors.
- Consult the Division CFO and Corporate office personnel concerning the facility's financial affairs, financial goals, and objectives.
- Develop the operating policies and procedures.
- Ensure the accurate review of product line analysis, and consult with the facility CEO and Division CFO.
- Prepare financial and management reports and prepare and administer the facility's annual operation and capital budget.
- Partner with facility CEO and other executive team members on preparing the annual facility business plan.
- Plan and coordinate functions and activities of assigned departments. Responsibilities include evaluating performance and initiating or recommending personnel actions and maintaining good employee relations with department staff.
- Ongoing monitoring of expense structure to identify opportunities for efficiencies and cost reduction.
- Actively participate in Board of Trustees, Medical Staff and community meetings.
- Direct preparation of projections to inform facility and Division leadership of anticipated performance in future periods.
- Review and maintain a healthy revenue cycle to ensure consistent cash flow.
- Work with the Division and joint venture partner on managed care negotiations to maximize payer contracts.
Qualifications
Required Qualifications
- Bachelor's Degree in accounting/finance or related field required.
- Master's Degree from an accredited college or university in Hospital Administration or Business Administration preferred.
- Previous experience as a hospital CFO.
- Current knowledge of The Joint Commission, OSHA, state and federal regulatory standards.
- Excellent leadership and interpersonal skills to effectively communicate ideas, problems, instructions (written and oral) with corporate management staff, facility management staff and employees.
- Ability to analyze situations, evaluate data, recommend, and implement courses of action that would improve the functioning of the company.
- Ability to interpret, adapt, and apply guidelines, policies and procedures.
- Ability to use sound judgment in decision making and react calmly and effectively in an emergency situation.
- Knowledge of strategic planning and short and long-range goal implementation.
Preferred Qualifications
- Experience in an integrated health delivery system, strongly preferred.
- CPA certification.
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