VP, Finance

Reporting to the Senior Vice President, Corporate Finance, the VP, Finance serves as a strategic advisor to the Chief Financial Officer, the SVP, and operational leadership team. The VP, Finance provides leadership for financial planning and analysis, decision support, strategic finance, treasury planning, debt management, investment oversight, executive reporting, and enterprise performance management. The role supports long-term financial sustainability through budgeting, forecasting, business planning, pro forma evaluations, service line analytics, capital planning, and strategic decision support. Position Duties Consistently analyzes financial data and presents financial reports in an accurate and timely manner; identifies, explains, and corrects variances as appropriate. Clearly communicates monthly, quarterly, and annual financial statements; monitors progress and changes and keeps executive and senior leadership abreast of Phoenix Children’s financial status. Leads all financial planning activities, including annual operating and capital budgets, long-range financial plans, rolling forecasts, and strategic financial modeling. Develops integrated financial plans that align organizational resources with Phoenix Children’s strategic priorities. Provides executive leadership with timely analysis of financial performance, emerging trends, operational risks, and strategic opportunities. Establishes forecasting methodologies that improve forecast accuracy while identifying key business assumptions, risks, and opportunities. Oversees decision support, cost accounting, productivity analytics, physician and service line profitability analysis. Develops sophisticated financial models supporting centralized business planning for the system including strategic initiatives, physician growth, capital investments, affiliations, partnerships, and acquisitions. Develops executive communications, Board materials, financial narratives and strategic messaging that clearly communicate organizational performance and priorities. Partners with the CFO, SVP, and executive leaders to prepare Board materials, financial narratives, and presentation content that clearly communicates organizational performance, strategic initiatives, financial risks, and opportunities. Translates complex financial and operational information into concise, actionable recommendations for executive and Board decision making. Performance Management Develops enterprise financial dashboards, scorecards, and executive reporting that provide actionable insight into organizational performance. Establishes key performance indicators and benchmarking methodologies to monitor financial and operational performance against internal goals and external peers. Leads monthly and quarterly financial performance reviews with executive leadership, providing recommendations to improve financial performance and operational efficiency. Coordinates debt financing, capital structure planning, rating agency support, and debt compliance activities. Develops and enhances structures and relationships related to financing, bond activities, debt structures, and overall finance planning and execution to best meet the current and future needs of Phoenix Children`s. Oversight of Outsourced Chief Investment Officer and Financial Advisor Relationships Responsible for managing the OCIO and financial advisor relationships with key oversight of investment holdings. Manages and tracks performance of invested assets in keeping with policies and investment guidelines approved by the Board. Manages all banking relationships, bank accounts, cash balances and ensures timely completion of bank reconciliations for all accounts. Strategic Leadership and Compliance Actively monitors the changing healthcare landscape to anticipate future resource needs of internal and external stakeholders and collaborate with executive leadership to address those needs. Develops, mentors, and leads high-performing finance teams while fostering accountability and continuous improvement. Leads finance systems strategy, analytics modernization, automation initiatives, and technology-enabled financial analysis. Assures hospital compliance with federal, state, and local government laws and regulations, accrediting agency standards and hospital policies and procedures rules and regulations. Develops, documents, and implements departmental accounting policies, procedures, and standards. Phoenix Children’s Mission, Vision, & Values Mission To advance hope, healing and the best healthcare for children and their families Vision Phoenix Children’s will be the leading pediatric health system in the Southwest, nationally recognized for exceptional care, innovative research and advanced medical education. We realize this vision by: Offering the most comprehensive care across ages, communities and specialties Investing in innovative research, including emerging treatments, tools and technologies Advancing education and training to shape the next generation of clinical leaders Advocating for the health and well-being of children and families Values We place children and families at the center of all we do We deliver exceptional care, every day and in every way We collaborate with colleagues, partners and communities to amplify our impact We set the standards of pediatric healthcare today, and innovate for the future We are accountable for making the highest quality care accessible and affordable Position Qualifications Education 1. Bachelor's Degree in Accounting or Finance (Required) 2. Master's Degree in Accounting or Finance OR licensure as a CPA (Preferred) Experience 1. Holds ten (10+) or more years of progressive experience in accounting/finance in a complex health care organization (Required) 2. Five (5+) or more years management/leadership experience successfully managing a high-performance finance/accounting department (Required) 3. Experience in grants management compliance and reporting of government, corporate, and foundation grants (Required) 4. Experience in compliance with government reporting requirements, including treasury and bond reporting, completion of Cost Reports, preparation of tax reports, and all other sales and use tax reporting requirements (Required) 5. Experience in system integrated Enterprise Resource Planning (ERP) to manage the business and automate back office functions related to financial services. Must be technologically savvy, with an ability to develop and implement new processes and systems that increased efficiency in a fast-paced and changing environment. Experience in effectively communicating key data, including presentations to senior management, boards of directors, and outside partners (Required) Special Skills 1. Strong, in-depth knowledge of not-for-profit accounting in accordance with Generally Accepted Accounting Principles; Government Auditing Standards a plus. 2. Solid financial management skills, including budgeting, forecasting, trending, benchmarking, and financial analysis. 3. Strong analytical, critical thinking, and problem solving capabilities. 4. Exceptional attention to detail and accuracy. 5. Exceptional MS Office skills. 6. Ability to provide clear, concise reports. 7. Outstanding communication and presentation skills (written and oral), organizational, and leadership skills. 8. Ability to effectively integrate functions with business plans and to accomplish results. 9. Ability to proactively prioritize needs and effectively manage resources. Ability to delegate and train staff to ensure required deadlines are met. 10. In-depth knowledge of the current trends and developments in healthcare reform and other federal programs. Participates in seminars and conferences to keep abreast of technical and legal developments. Embraces continuous learning. 11. Exhibits a positive attitude in support of organization and management, including decisions made by administration. 12. Has a wealth of knowledge about all job facets and is considered an expert. 13. Has authoritative understating of job responsibilities and is able to manage competing demands. 14. Leadership: Proven leadership, positive customer service and teamwork skills; creates a team environment, manages potential conflict, and helps build a collaborative work environment. 15. Personal characteristics: Demonstrates a passion to improve the lives of the community we serve, commitment around end-to-end accountability, strong interpersonal skills, and a desire to effect change through deep collaboration with others. 16. Technology savvy with experience selecting and overseeing software installations and managing relationships with software vendors. Technology savvy with experience selecting and overseeing software installations and managing relationships with software vendors. 17. Thorough understanding of the healthcare industry, trends, issues, risks. Deep understanding of hospital and clinic operations. Demonstrated knowledge and experience in healthcare finance, reimbursement methodologies, contracting techniques, budgeting, strategic financial planning and analysis, healthcare terminology, statistical reporting, and healthcare financial systems. Proficiency with visualization platforms (Power BI, Tableau) Effective communicate skills, verbally and in writing with management, staff, and physicians. 18. Ability to think critically, to analyze and to draw recommendations from complex analyses. Experience translating the customers need for data into reporting and analytical solutions. Ability and desire to translate complex financial concepts to individuals at all levels including finance and non-finance managers. Additional Requirements 1. Current Certified Public Accountant (Preferred) Physical Requirements & Occupational Exposure/Risk Potential 1. Physical Requirement - Feeling (sensing textures and temperatures) - Frequently 2. Physical Requirement - Fine Motor Skills (pinching, gripping, etc) - Occasionally 3. Physical Requirement - Hearing - Constantly 4. Physical Requirement - Pushing/pulling - Occasionally 5. Physical Requirement - Reaching - Occasionally 6. Physical Requirement - Sitting - Constantly 7. Physical Requirement - Standing - Frequently 8. Physical Requirement - Stooping/crouching/kneeling/crawling - Occasionally 9. Physical Requirement - Talking - Constantly 10. Physical Requirement - Walking - Occasionally 11. Physical Requirement - Near Vision - Constantly 12. Physical Requirement - Far Vision - Constantly 13. Physical Requirement - Color Discrimination - Constantly 14. Physical Requirement - Use of keyboard, mouse and/or computer equipment - Constantly 15. Physical Requirement - Lift up to 35 pounds without assistance - Occasionally 16. Occupational Exposure/Risk Potential - Inside office environment - Applicable 17. Occupational Exposure/Risk Potential - Confined areas - Applicable #J-18808-Ljbffr Phoenix Children's Hospital, Inc.