The compensation range listed reflects the range Northern Light Health anticipates relying on in setting the wages for the position. The range may not necessarily include all additional compensation elements available, such as differentials, incentive programs and benefits.
Department: Finance Administration
Position is located: Cianchette Professional Blding
Work Type: Full Time
Hours Per Week: 40.00
Work Schedule: No Hours Assigned
Salary Range : $342,900.00 -$407,500.00Exempt: YesSummary:
The VP, Finance has a matrixed reporting structure to the Northern Light Health Chief Financial Officer and the Northern Light Health SVP,President. The Vice President, Finance is responsible for the day-to-day financial operational activities of the Hospital and monitoring compliance with the system's accounting policy, as well as working with other departments to implement best practices throughout. This includes revenue and growth, expenses, costs and margin-control; and monthly, quarterly, and annual financial goal management. The VP, Finance will accomplish these responsibilities according to the mission and values of Hospital and the mission of the sponsoring Sisters of the Northeast. This entails working within the Ethical and Religious Directives for Catholic Healthcare Services, utilizing values-based discernment, in partnership with the Catholic Church. Additionally, the VP, Finance will possess a strong financial and business acumen within a healthcare organization and commitment to continual process improvement.
Responsibilities:
1. Develop, implement and maintain standard operating procedures and performance measures to ensure a sound internal control environment over financial reporting. Promote consistent levels of timeliness, accuracy and completeness in work product and achieve stated performance measures. 2. Serve as technical advisor to the System CFO on all matters pertaining to outside auditors, investment bankers and other external reporting and regulatory bodies as it pertains to Mercy Hospital. 3. Provide timely updates to senior finance management on issues and status of major projects including identification of potential risks and development of contingency plans that address issues as needed. 4. In collaboration with System accounting operations, develop, implement and monitor compliance with generally accepted accounting principles (GAAP) and company procedures. 5. Represents EMHS and Mercy Health to organizations within the community in the role of representative, and civic leader. 6. Review, investigate and correct errors and inconsistencies in financial statements, documents and reports to ensure integrity of all financial information. 7. Prepares and recommends the annual budget showing the expected revenues and expenditures. 8. Prepare financial statement and other reports to summarize and interpret current and projected company financial position. 9. Assure compliance with federal, state, local and corporate policies, regulations and laws. 10. Submits periodic and other special reports to EMHS indicating the financial status of Mercy. 11. Maintains confidentiality of all materials handled within EMHS and Mercy as well as the proper release of information. 12. Complies with EMHS and departmental policies regarding issues of employee, patient and environmental safety and follows appropriate reporting requirements. 13. Demonstrates Performance Improvement in the following areas as appropriate: Clinical Care/Outcomes, Customer/Service Improvement, Operational System/Process, and Safety. 14. Demonstrates financial responsibility and accountability through the effective and efficient use of resources in daily procedures, processes and practices. 15. Complies with EMHS and departmental policies regarding attendance and dress code.
Other Information:
Competencies and Skills- Behaves with Integrity and Builds Trust: Acts consistently in line with the core values, commitments and rules of conduct. Leads by example and tells the truth. Does what they say they will, when and how they say they will, or communicates an alternate plan.
- Cultivates Respect: Treats others fairly, embraces and values differences, and contributes to a culture of belonging, empowerment, and cooperation.
- Demonstrates Emotional Intelligence: Exhibits a high level of self-awareness, self-management, other awareness and relationship management. Conducts themselves in an empathic, appropriate way, with a sense of humor and stimulates a collaborative work environment. Is respectful of the attitudes, feelings, or circumstances of others and aware of the influence of their own behavior on them. Is aware of relevant social, political, system, and professional trends and developments and uses this information for the organization's benefit.
- Develops Self and Others:Takes responsibility for engaging in professional self-development activities and programs. Strives to gain insight into their own values, strengths and weaknesses, interests and ambitions and takes action in order to enhance competencies and skills when possible. As a leader, encourages and guides employees towards growth opportunities to enhance performance and help them reach goals. Reviews and analyzes employees' strengths and weaknesses to distinguish their talents and development needs, and to ensure they are enhanced appropriately.
- Exercises Sound Judgment & Decision Making: Understands and processes complex information, which allows for appropriate and accountable conclusions. Does not react too quickly or slowly. Balances facts, goals, and potential approaches taking the appropriate criteria into account. Makes active decisions and commits oneself by communicating confidently and respectfully.
- Fosters Accountability: Creates and participates in a work environment where people hold themselves and others accountable for processes, results and behaviors. Takes appropriate ownership not only of successes but also mistakes and works to correct them in a timely manner. Demonstrates understanding that we all work as a team and the quality and timeliness of work impacts everyone involved.
- Practices Compassion: Exhibits genuine care for people and is available and ready to help; displays a deep awareness of and strong willingness to relieve the suffering of others.
- Resolves Conflict: Promptly acts to find alternatives/solutions when team members disagree. Addresses issues in a direct, honest, and appropriate manner. Handles conflicting interests diplomatically and helps to solve them. Transforms difficult situations into teachable moments using respect and accountability .
Education- Required Bachelor's Degree
Working Conditions- Need to drive to perform responsible duties.
- Lifting, moving and loading less than 20 pounds.
- Prolonged periods of sitting.
- Prolonged periods of standing.
- Prolonged periods of walking.
Questions? Contact Talent Acquisition:email: talentacquisition@northernlight.org
Brewer, Maine, Corporate Office, Cianchette, Foundation, Finance, Human Resources, Legal Services
