Assistant Vice President, Financial Planning & Budget

Assistant Vice President

Reporting directly to the Vice President of Financial Planning and Budget, the Assistant Vice President will work closely and collaboratively with senior leadership throughout the Finance Department and the rest of the organization and will have oversight of the Joint Venture and Regional portfolio. He/she will be financially responsible for a diverse portfolio of strategic projects and be a key team member throughout the process from concept development to "go-live" and "post go-live." These responsibilities will include preparation of business plans and financial feasibility studies, being an integral part of the team preparing presentations for senior leadership, medical staff, and the Boards, and coordinating all financial activities around the implementation and post-live management of strategic initiatives. The Assistant Vice President will have demonstrated a deep and comprehensive knowledge in healthcare financial, operational, and regulatory issues. He/she will have outstanding team building and communication skills, as well as strong strategic and financial analysis skills.

Responsibilities: The specific responsibilities include, but are not limited to:

• Develop an extensive understanding of HSS's strategic roadmap, integrated strategic financial plan, finances, operations, and regulatory issues, and implications on various strategic initiatives
• Stay current on developments in healthcare finance and industry dynamics; anticipate changes and their corresponding impact on the department/organization
• Establish best practices, improve processes, systems and workflows to achieve the highest level of productivity
• Establish strong working relationships with leadership throughout the organization
• Develop, lead and/or support presentations at Board, Leadership Council, and other meetings
• Drawing on experience and knowledge of hospital finance and the healthcare industry, test conclusions/issues/risks, using organized and creative problem solving and clear logic flows
• Ensure that senior leadership is apprised of progress toward goals and of any issues, through regular project updates and critical-issue identification
• Be an effective leader and member of hospital planning and implementation teams
• Communicate effectively with a broad spectrum of internal constituencies; through clear and concise written and oral communications; proactively question, thinking out of the box
• Mentor personnel; help build a highly capable and engaged team and foster a team-centered culture wholly consistent with that of the hospital

Experience, Competencies, and Personal Characteristics: Solid experience (10+ years) in strategic financial analysis/planning FOR/IN A HOSPITAL is required. Major teaching/surgical hospital experience and joint venture / private knowledge is highly desirable. Demonstrated understanding of hospital finances, operations, regulatory environment, strategic planning, and the hospital/healthcare industry, as well as external environmental forces, is required. Minimum of 5 years of supervisory, team-related experience is required.

Candidate Requirements: Hospital finance and/or healthcare financial consulting background. Strong understanding of GAAP; highly analytical; capable of providing strategic analysis and insight on financial reporting and cash flows. Awareness of continuing changes that affect financial reporting and business operations. Ability to counsel and advise Hospital leadership on a range of related matters. Strong technical and analytical skills; adept at communicating ideas and facts, packaging information and concepts in a way that increases understanding by others.

In addition to the above leadership competencies, the successful candidate will also possess the following: Fit with the HSS culture including collaborative team spirit, ability to work across functions, dedication to quality of operations, and eagerness to work hard within a growing organization. Ability to coach, mentor, and build capabilities of team members. Experience in leading and achieving results in a matrixed environment, with capability of resolving issues through innovative problem solving and solution development. Outstanding communication skills; good listening capability; skilled at influencing a variety of people. Well organized and disciplined, with the ability to manage multiple and changing priorities efficiently. Excellent project management capability. Can structure and lead business initiatives and achieve quality results on a timely basis. Technology and system savvy: excellent understanding of processes, systems, and databases. Knows how to use them efficiently and effectively. Unquestionable personal integrity. Exudes credibility and professionalism. Very likeable. Quickly builds confidence in others. Team player and understands his/her role in relationship to others.

Education: Bachelor's degree is required. Master's degree preferable but not required depending on level of relevant experience.