VP, Medical

The Vice President and Chief Financial Officer of the National Capital Region (NCR) is the strategic and operational finance leader for the regional portfolio. As a member of the NCRs Executive Leadership Team and the Johns Hopkins Health System Finance Leadership Team, this leader is responsible for financial direction and oversight of the Hospitals and NCR ambulatory platforms with annual operating revenue exceeding $3B and approximately 5,000 employees, 2500+ physicians, 80,000 emergency visits, and 24,000 annual admissions. Serve as a strategic thought partner to and support all financial leadership activities reporting to the President, the National Capital Region and the Vice President of Corporate Finance with Johns Hopkins Health System (JHHS) including pro-actively advising on relevant internal and external environmental factors that could affect financials in the short and long-term.
Work closely with and as part of the broader executive finance team through reporting to the JHHS VP Corporate Finance as part of ensuring the NCR operates as an effective, coordinated extension of a central finance structure and process.
Participate in and influence institution-wide financial planning and decision-making, leveraging financial expertise and knowledge of best practices; Serve as key leader interfacing with the NCR hospitals Boards of Trustees, Finance Committees, and Investment Committees to maintain effective communications regarding financial strategy, operations, and performance.
Drive efficient and effective delivery of financial services for the Department of Finances shared services functions supporting the NCR, acting as a catalyst for change to ensure the needs of the clinical operations, service lines, departments and other leaders are being aligned and fulfilled.
Develop the workforce of the future, hiring this individuals team and accelerating performance through clear expectations and goal setting and ensuring that career conversations, succession planning and development plans are embedded in the way this individual team performs their work.
The VP and Chief Financial Officer, the National Capital Region will be a member of the NCR senior executive team and the JHHS Finance Leadership Team, working closely with President and Chief Operating Officer, Sibley Memorial Hospital, and President and Chief Operating Officer, Suburban Hospital. The role directly reports to the President, the National Capital Region and, Vice President Corporate Finance, Johns Hopkins Health System.
A minimum of a bachelors degree in finance, accounting or a closely related field is required. An MBA and/or a CPA is preferred.
Financial control / reporting
Experience at an academic medical center preferred
Experience with large-scale research funding & financial management
Managed Care experience
Some of the more specific VP and Chief Financial Officer activities and responsibilities include:
Work closely and collaboratively with NCR senior executive teams to provide leadership regarding regional financial performance and planning.
Design, advise, and collaborate with NCR President and the JHHS VP Corporate Finance on regional financial system structures and processes.
As part of NCR strategic agenda implementation, lead approach to detailed business plans as well as investments and expenditures to facilitate execution of key strategic initiatives.
Cultivate, nurture and build strong relationships across JHHS eco-system and help develop metrics and measures to monitor, track and maintain the positive impacts of key initiatives underway.
Advise leaders across the enterprise to help develop and manage operating and capital budgets.
Lead the month-end and quarter-end financial close activities.
revenue cycle, supply chain, business planning, contracting and payer relations and financial and accounting services) to establish operational expectations and improve performance over time.
Assist operational and clinical leadership in real time on daily, weekly and monthly initiatives, serving as a key partner to the executive team.
Enhance financial operational processes within the region to advance efficiencies and communications regarding financial performance.
As a key member of the senior management team, the CFO will provide functional and business leadership through this individual's financial acumen and business experience. At the enterprise level, the CFO may lead initiatives to implement best practices, consolidate operations, influence allocation of resources, manage costs and improve revenues. The successful candidate will be creative and capable of thinking broadly about business opportunities and solutions, not just financial issues. The candidate will demonstrate the ability to work with the President, the JHHS CFO, senior management team and system level partners to drive performance and shape strategy for the National Capital Region. This could include growth, diversification, operational efficiency, program and asset optimization and payer strategy among others. The successful candidate will have insight into the evolving local, national and even global healthcare markets, from competitive and regulatory perspectives.
The VP CFO will be a strong member of and contributor to the senior leadership team. Although this individual will influence and shape the financial plan, helping build toward and steward a financial framework for sound decision-making, it will be critical that the successful candidate appreciate and fit in with the team's style. The VP CFO must be open and approachable, flexible and an apolitical, collaborative and strategic contributor. As the NCR continues to grow, it is important that senior management maintains strong, collegial ties across the diverse operations of the organization. The new VP CFO will need to be an important example of this attribute and foster collaboration and teamwork across functional lines and geographic boundaries.
Financial Functional Expertise
This individual will possess a strong combination of strategic orientation and operational focus, with emphasis on managing disciplined financial operations and plans. The candidate will have experience successfully building and managing relationships with important internal and external stakeholders, including the board of directors, site executives, clinical leaders, payors, physicians, medical schools and financial institutions. Prior experience in being effective and impactful across a large, diverse, multifunctional financial organization is required, as is the ability to hire, develop and promote other financial executives.
Change Leadership/ Transformation
This individual will have played a key role in one or more organizational transformations with extensive influence beyond the Finance function. This individual will possess the ability to communicate a positive vision of the future and rally an organization to embrace the hard work of growth and transformation.