This leadership role involves overseeing all financial operations, including accounting, financial planning and analysis, accounts payable, and payroll. The Vice President of Finance will partner with executive leadership to develop and implement financial strategies, ensuring compliance and supporting the organization's long-term sustainability.
Responsibilities
Partner with the CFO and executive leadership team to develop and implement financial strategies that support organizational objectives
Provide financial analysis, modeling, and recommendations for strategic initiatives, service line growth, capital projects, and operational improvements
Support long-term financial sustainability through cash flow forecasting, scenario analysis, and financial performance monitoring
Present financial results and key performance indicators to executive leadership, committees, and the Board of Trustees
Oversee the annual operating and capital budgeting process
Direct monthly forecasting and variance analysis activities
Develop financial models, business plans, and pro forma analyses for strategic initiatives
Monitor volume, revenue, expense, labor, and productivity trends
Ensure timely preparation of executive financial reports and dashboards
Direct all accounting operations, including general ledger, account reconciliations, month-end close, and financial statement preparation
Ensure compliance with GAAP, healthcare accounting standards, and applicable regulatory requirements
Maintain strong internal controls and accounting policies
Oversee preparation of monthly, quarterly, and annual financial statements
Coordinate external audits, Single Audits, cost reports, and regulatory filings
Ensure accuracy and timeliness of all financial reporting
Oversee accounts payable operations and vendor payment processes
Implement controls to ensure accuracy, compliance, and timely payment of obligations
Monitor cash disbursements and working capital management
Evaluate and improve AP workflows and automation opportunities
Provide executive oversight of payroll operations to ensure accurate and timely compensation for all employees
Establish and maintain strong payroll controls and compliance with applicable laws and regulations
Partner with Human Resources to ensure appropriate administration of compensation programs, deductions, and benefit-related payroll activity
Support payroll process improvement initiatives and system enhancements
Ensure compliance with federal, state, and local regulations affecting hospital finance operations
Maintain effective internal control processes and financial governance practices
Millions of jobs, with real people getting hired every day
200,000+
New jobs added daily
7,000,000+
Verified job listings
1,000,000+
Tailored applications submitted
Coordinate responses to auditors, regulatory agencies, and external reviewers
Support financial compliance requirements related to Medicare, Medicaid, grants, and other governmental funding programs
Lead and mentor directors, managers, and staff across Accounting, FP&A, Accounts Payable, and Payroll
Foster a culture of accountability, collaboration, and continuous improvement
Establish departmental goals and performance expectations
Support succession planning and professional development initiatives
Requirements
Bachelor's degree in Accounting or Finance
Certified Public Accountant (CPA)
Minimum of 10 years of progressive financial leadership experience
Minimum of 7 years in a healthcare or hospital finance environment
Demonstrated experience leading Accounting, FP&A, Payroll, and Accounts Payable functions
Experience interacting with executive leadership, finance committees, and governing boards
Comprehensive knowledge of healthcare finance, reimbursement, budgeting, forecasting, and financial reporting
Strong understanding of GAAP, internal controls, audits, and regulatory compliance
Expertise in hospital operations and financial performance improvement
Advanced financial modeling, analytical, and decision-support capabilities
Proven leadership and team-building skills
Excellent written, verbal, and presentation skills
Ability to translate complex financial information into actionable recommendations for operational and clinical leaders
Proficiency with ERP systems, payroll platforms, budgeting systems, and advanced Excel applications
Nice to have:
Master's degree in Business Administration (MBA), Healthcare Administration (MHA), Finance, or related discipline
Experience working in complex hospital systems, academic medical centers, or integrated healthcare delivery organizations
Important Details
Schedule: Day Shift - 7.5 Hours
About the Company
Richmond University Medical Center is committed to equality of opportunity in all aspects of employment.
Richmond University Medical Center (RUMC), an affiliate of The Mount Sinai Hospital and the Icahn School of Medicine, is a 470+ bed healthcare facility and teaching institution serving borough residents as a leader in the areas of acute, medical and surgical care, including emergency care, surgery, minimally invasive laparoscopic and robotic surgery, gastroenterology, cardiology, pediatrics, podiatry, endocrinology, urology, oncology, orthopedics, neonatal intensive care and maternal health.
Headquarters
Richmond University Medical Center (Staten Island, NY)