Jim Murdy
- CFO
- Southeast Ohio
Jim has over 30 years of progressive financial and operations leadership beginning with five years of diverse audit experience with Big 4 public accounting firm Arthur Andersen, LLP, including a major fraud investigation. He reated and managed the first internal audit department at a community hospital located in Wheeling, WV. Jim enjoyed progressive leadership roles encompassing all financial functions, and multiple administrative & clinical functions of a community hospital.
Jim has significant experience with major IT projects, capital expansion and financing of same. He successfully managed corporation through several IRS and State tax and compliance audits, and has led corporations through all aspects of the CARES Act. During his career, Jim took the lead role in multiple revenue enhancement and expense reduction initiatives, including RIFs and targeted hiring programs. Deep exposure to M&A due diligence/valuation projects, both as acquirer and as acquiree, culminating in the purchase of a subsidiary as well as the sale of the corporation to a large academic health system. He regularly interacted with and presented to the Board of Directors, Finance/Audit/Investment committees as well as Retirement Committee.
Before FocusCFO
Most recently, Jim served as Chief Administrative Officer of WVU Medicine Wheeling Hospital and, prior to that, as Chief Financial Officer of Wheeling Hospital, Inc. and Subsidiaries.
- What is your favorite way to spend free time? Interacting and spending time with my family, including my wife, my three adult children and my 7 (so far) grandchildren.
- What was your favorite vacation? It would be a toss-up between our crazy 6-day rafting/camping trip down the Grand Canyon and our visit to Alaska, especially Denali National Park.
- What are you passionate about? Helping motivated people not only pursue but realize, the dream of financial freedom that our great country continues to offer despite the setbacks and barriers erected by its doubters and detractors.
Other Interests
What attracted you to
with FocusCFO?
I am a firm believer that small & medium businesses are the backbone of our nation's economy, and FocusCFO is giving me the chance to play an integral role in that segment. I am excited to have the opportunity to apply my experience and skills to helping small/medium businesses succeed, and, quite frankly, I am looking forward to doing so outside of the stifling bureaucracy of larger businesses.