Assistant Chief Financial Officer (ACFO)
LifePoint Health
Somerset, KY · Posted June 8, 2026
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About the job
Who We Are:
People are our passion and purpose. Come work where you are appreciated for who you are not just what you can do. Lake Cumberland Regional Hospital is a modern, state-of-the-art 295-bed acute care facility, offering an advanced neurosurgery program with Spine Center accreditation amongst other specialty services.
Where We Are:
The City of Somerset blends southern hospitality with abundant recreational opportunities including a 65,000-acre lake with 1,200 miles of shoreline. Somerset is host to nationally recognized, high quality performing and visual arts, concerts and other special events to the community.
Why Choose Us:
Health (Medical, Dental, Vision) and 401K Benefits for full-time employees
Competitive Paid Time Off / Extended Illness Bank package for full-time employees
Employee Assistance Program – mental, physical, and financial wellness assistance
Tuition Reimbursement/Assistance for qualified applicants
Professional Development and Growth Opportunities
And much more…
Position Summary:
The Assistant Chief Financial Officer (ACFO) assists in overseeing accounting and financial reporting functions, preparing and analyzing monthly financial statements, and supporting the preparation and monitoring of annual and monthly operating budgets. Under the direction of the CFO, this role is directly responsible for daily financial operations, financial statement preparation and analysis, and cash management.
Required Skills:
Strong knowledge of generally accepted accounting principles (GAAP)
Strong analytical, quantitative, and problem-solving skills
Excellent verbal and interpersonal communication skills
Leadership ability with a hands-on, team-oriented approach
Ability to interpret financial data and identify trends
Knowledge of hospital financial operations, reimbursement, and reporting
Ability to work in a fast-paced, high-accountability environment
Essential Functions:
Assist the CFO in administering general accounting, patient business services, third-party reimbursement, and financial/statistical reporting functions
Prepare, analyze, and monitor monthly financial statements and operating budgets
Assist in development of long- and short-range operational and financial plans
Monitor hospital financial performance and identify trends, risks, and opportunities
Recommend and support budget modifications and departmental budget development
Direct preparation of internal financial reports and audit work papers
Maintain subsidiary financial records and prepare financial statements
Implement and monitor accounting controls and procedures
Supervise facility-level Controllers and provide leadership and performance oversight
Support ethics and compliance initiatives in alignment with company standards
Assist in cost reduction strategies and revenue enhancement initiatives
Ensure timely submission of required financial reports to government and regulatory agencies
Provide oversight or support for data processing, materials management, and medical records functions
Act with full authority of the CFO in their absence
Perform other duties as assigned
Non-Essential Functions:
Position serves both internal co-workers and external customers, clients, and contractors
Access to and/or works with sensitive and/or confidential information
Perform other duties as assigned
Physical and Mental Demands:
Ability to work in a fast-paced environment with multiple priorities
Strong attention to detail and analytical focus
Ability to maintain confidentiality and exercise sound judgment
Prolonged periods of sitting, working at a computer, and analyzing data
Education:
Bachelor’s Degree in Accounting or Finance required
Minimum Qualifications (Experience, Education and Certifications):
CPA or Master’s Degree strongly preferred
Minimum of 3 years of experience at the Controller level in an acute-care, for-profit hospital required
Strong leadership presence with a hands-on, team-oriented approach
Approachable, collaborative, and professional demeanor
EEOC Statement
Lake Cumberland Regional Hospital is committed to providing Equal Employment Opportunities for all applicants and employees and complies with all applicable laws prohibiting discrimination against any employee or applicant for employment because of color, race, sex, age, religion, national origin, disability, genetic information, gender identity, sexual orientation, veterans' status or any other basis protected by applicable federal, state or local law.
Lifepoint Health is a leader in community-based care and driven by a mission of Making Communities Healthier. Our diversified healthcare delivery network spans 29 states and includes 63 community hospital campuses, 32 rehabilitation and behavioral health hospitals, and more than 170 additional sites of care across the healthcare continuum, such as acute rehabilitation units, outpatient centers and post-acute care facilities. We believe that success is achieved through talented people. We want to create places where employees want to work, with opportunities to pursue meaningful and satisfying careers that truly make a difference in communities across the country.