VP Finance
Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation's largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 138 hospital-based locations, in addition to its home-based services and virtual care offerings.
The Vice President of Finance is accountable for driving financial strategy and leading efforts to achieve financial performance and operating goals of the Population Health Service Organization (PHSO) and its market partners and value hubs. The VP of Finance will also have strong healthcare finance knowledge and understanding of business drivers of finance and the essential financial operations and financial risk management capabilities for both population health models and a managed services organization (MSO). The VP of Finance will lead the team to offer insights to business partners. The VP of Finance has the ability to think strategically and engage with executive leadership on a consistent basis.
The VP of Finance will have direct oversight of the Finance department for PHSO. They will lead internal control, budgeting, contract management, operational finance, financial planning and analysis and financial reporting. Responsible for coordination with the System Accounting team for accurate financial reporting. Will be responsible for leading coordination or implementations for the finance department while collaborating directly with the CEO / COO of PHSO in order to meet the initiatives set forth by system / senior leadership.
Oversees the financial and statistical reporting functions in accordance with established policies and procedures. Work closely with the VP of Finance at DHMF, as well as the value hub finance leaders, to ensure an understanding of periodic consolidated financial reporting and accounting requirements and to ensure accounting and reporting is consistent and accurate. Act as Finance liaison for PHSO to the Physician Enterprise finance leaders.
Will serve as an integral member of the leadership team with shared responsibility for organizational strategic planning; will consistently collaborate with CEO / COO on financial strategic planning to establish market direction across groups and regions, with diverse and sometimes competing priorities. Communicate, collaborate and cooperate with internal and external stakeholders. Presents financial updates to appropriate leadership members as requested and needed.
Oversees the preparation of internal financial reports for the system office and market partner / board reports. Assures the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the PHSO. Collaborates on all system office reporting with the CEO / COO to ensure timely and accurate compliance.
Ability to collaborate with internal and external business partners to formulate, refine, and operationalize key initiatives and tactics to ensure operational and financial success; work closely with PHSO, value hub and market partners to better understand levers that affect financial results and to identify areas for improvement. Supports department-based goals, which contribute to the success of the organization; serves as preceptor, mentor and resource to department staff.
Oversees the annual budget(s) for all departments and month end close processes with responsibility for appropriate System office collaboration. Develops long and short-range operations plans, which may include service demand analysis, resources availability analysis, and cost benefit analysis of proposed capital as well as business plan preparation.
Master's degree, CPA, or equivalent experience may be substituted. Minimum of five (5) years of management experience. Minimum of seven (7) years of progressive / combined in healthcare finance and management. Prior experience collaborating with Actuaries as well dyadic partners to accomplish goals.
PHSO offers an outstanding Total Rewards package that integrates competitive pay with a state-of-the-art, flexible Health & Welfare benefits package. Our cafeteria-style benefit program gives employees the ability to choose the benefits they want from a variety of options, including medical, dental and vision plans, for the employee and their dependents, Health Spending Account (HSA), Life Insurance and Long Term Disability. We also offer a 401k retirement plan with a generous employer-match. Other benefits include Paid Time Off and Sick Leave.
Vp Finance • Bakersfield, CA, US