Vice President Of Finance

Financial Leadership & Strategy

· 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.

Financial Planning & Analysis (FP&A)

· 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. Responsibilities reflect RUMC FP&A leadership expectations for budgeting, forecasting, variance analysis, modeling, decision support, and executive reporting.

Accounting & Financial Reporting

· 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.

Accounts Payable

· 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.

Payroll

· 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.

Compliance, Audit & Controls

· Ensure compliance with federal, state, and local regulations affecting hospital finance operations.

· Maintain effective internal control processes and financial governance practices.

· Coordinate responses to auditors, regulatory agencies, and external reviewers.

· Support financial compliance requirements related to Medicare, Medicaid, grants, and other governmental funding programs.

Leadership & Team Development

· 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.

Qualifications

Education

· Bachelor's degree in Accounting or Finance.

· Master's degree in Business Administration (MBA), Healthcare Administration (MHA), Finance, or related discipline preferred.

Certifications

· Certified Public Accountant (CPA).

Experience

· 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 working in complex hospital systems, academic medical centers, or integrated healthcare delivery organizations preferred.

· Experience interacting with executive leadership, finance committees, and governing boards.

Knowledge, Skills & Abilities

· 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.

Salary Range: $225K - $275K