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Vice President, Finance and CFO

4 months ago

Hartford, United States Trinity Health Full time
Employment Type:
Full timeShift:

Description:

Purpose

The Vice President, Finance and CFO will have oversight for Trinity Health of New England and will be based in Hartford, CT, with annual revenue of approximately $2B. Trinity Health of New England (THofNE) is made up of over 10,000 colleagues, just under 1400 beds, and 1052 employed providers. This health system provides a full spectrum of preventive, acute, and post-acute care.

Connecticut
  • Saint Francis Hospital and Medical Center, Hartford, Connecticut
  • Mount Sinai Rehabilitation Hospital, Hartford, Connecticut
  • Saint Mary's Hospital, Waterbury, Connecticut
  • Johnson Memorial Hospital, Stafford Springs, Connecticut
Massachusetts
  • Mercy Medical Center, Springfield, Massachusetts
  • Providence Behavioral Health, Holyoke, Massachusetts
The VP of Finance, and CFO provides financial stewardship and direction to the assigned market and/or ministry through effective business leadership, strategy deployment, internal controls and operating and capital budget development, monitoring and management. Provides support other market and ministry executives within the Services Area. Engages in market level strategy alignment. Assists in evaluating the success of the company in achieving its goals and formulating plans to correct any issues if the company is not achieving its goals. Manages teams of mid-level and senior professionals. Leads or engages in multidisciplinary projects or initiatives. Assisting in managing the company's finances, identifying ways to increase revenue and decrease costs, analyzing financial reports, and preparing operating budgets. The position participates with other senior management to address, interpret, resolve and monitor a broad and diverse range of financial, operational and strategic issues. Responsible for the integrity of all financial information and reporting for area of responsibility.

Essential Functions

Our Trinity Health Culture: Knows, understands, incorporates & demonstrates our Trinity Health Mission, Values, Vision, Actions & Promise in behaviors, practices & decisions.

Leadership

•Providing advice, guidance, and leadership to RHM and Market/Ministry leaders in developing strategies and in the achievement of performance goals.

•Enable Collaboration across and within Service Area, RHM, and Markets to ensure consistency and integration of strategy and operations

Direction and Growth

•Providing advice, guidance, and leadership to Service Area function, RHM, and Markets.

•Leading standardization/systemness and optimization of policy, process, methodology, establishing a national community of practice

•Oversee Vendor/Contract Labor Management including centralizing strategy and optimizing spend

Strategic Support & Accountability
  • Collaborates in system-wide strategy development and deployment of functional area priorities and initiatives
  • Responsible for supporting regional efforts to comply with functional area priorities
  • Accountable for the selection, evaluation, and overall success of the functional leadership teams
  • Organization-wide focal point for establishing functional strategies and governance over financials and staffing
  • Accountable for communication between Service Area function, RHM, and Markets leader
Operational Delivery
  • Implement and drive the financial strategies for the service area
  • Responsible for measuring and reporting KPIs/metrics and value delivery
  • Providing advice, guidance, and leadership for the colleague life cycle

Maintains a working knowledge of applicable Federal, state & local laws/regulations, Trinity Health Integrity & Compliance Program & Code of conduct, as well as other policies & procedures in order to ensure adherence in a manner that reflects honest, ethical & professional behavior.

Minimum Qualifications

A Bachelor's degree in Business Administration, Accounting or Finance, or related field required. Ten years' experience in financial management with progressively increasing responsibility and a minimum of five years' experience as CFO, controller or finance director in a hospital setting or complex service organization is required. A personal presence which is characterized by a sense of honesty, integrity and caring with the ability to inspire and motivate others to promote the philosophy, mission, vision, goals, values and guiding behaviors of Trinity Health.

Additional Qualifications (nice to have)

A Master's degree or Certified Public Accountant (CPA) is strongly preferred. Healthcare Financial Management Association certification desirable. Multi-hospital experience is strongly preferred with experience in working in a complex delivery system with a multi-specialty medical group and a Medicare Advantage health plan.

Physical and Mental Requirements & Working Conditions

Indirect / Healthcare Support Services: (OSHA: Healthcare support services mean services that facilitate the provision of healthcare services.)

•Rare clinical / patient facing work environment.

•Includes continuous work time indoors (subject to travel requirements) under temperature-controlled & well-lit conditions; may encounter occasional variable external environmental conditions.

•Includes occasional lifting, up to 30 pounds unassisted, frequent travel & use of computer; Includes continuous sitting & may require rare long periods of continued walking, standing, stooping, bending, pulling & pushing.

Direct Healthcare & Indirect / Support Healthcare Services: must be able to:

•Adapt to frequent interruptions, shifting priorities & stressful situations; Attend to tasks until complete, understand & relate to complex ideas & concepts & be able to remember multiple tasks & regimens extending over long periods of time & work on concurrent tasks / projects.

•Read small print, frequent ability to hear normal sounds & voice patterns, able to give / receive instructions & other verbal communications in-person & over the phone / computer / device / equipment assigned with some background noise.

•Perform frequent manual dexterity activities & occasional grasping/handling.

•Continuous attention to maintain a safe working environment & use of available personal protective equipment (PPE).

•Comply with Trinity Health's policies & procedures.

Our Commitment to Diversity and Inclusion

Trinity Health is one of the largest not-for-profit, Catholic healthcare systems in the nation. Built on the foundation of our Mission and Core Values, we integrate diversity, equity, and inclusion in all that we do. Our colleagues have different lived experiences, customs, abilities, and talents. Together, we become our best selves. A diverse and inclusive workforce provides the most accessible and equitable care for those we serve. Trinity Health is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by law.