About This Role
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
