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Vice President of Financial Operations

2 months ago

Huntsville Texas, United States Community Hospital Corporation Full time

Position Overview:
The Vice President of Financial Operations will collaborate closely with the Hospital CEO and the District Board of Directors to ensure effective financial management and strategic oversight.


Key Responsibilities:
The VP will lead the financial planning and operational strategies for the organization, ensuring alignment with the hospital's mission and compliance with relevant regulations.


Financial Leadership:
The VP will evaluate the financial health of the organization, generating comprehensive financial reports and directing financial planning, revenue management, payroll, and accounting practices. This role encompasses oversight of treasury functions, budgeting, audits, taxation, procurement, real estate, and insurance.


Policy Development:
Implementing robust policies and procedures is crucial to safeguard assets and ensure adherence to generally accepted accounting principles. The VP will also ensure accurate reporting to regulatory bodies and maintain a fiscally responsible operational flow.


Stakeholder Engagement:
Building and maintaining positive relationships with financial institutions, community representatives, and board members is essential. The VP will engage with various stakeholders to promote effective communication and collaboration.


Strategic Planning:
Involvement in the development of the facility's strategic plan is key, focusing on both short-term and long-term objectives that foster growth and service provision to the community.


Operational Excellence:
The VP will analyze data from diverse sources to assess current financial practices and identify areas for improvement. This includes conducting needs assessments and implementing solutions to enhance financial operations.


Staff Management:
Ensuring the availability of qualified personnel is vital. The VP will oversee performance management systems, providing feedback and recognition while addressing any performance issues.


Community Involvement:
Active participation in community initiatives is encouraged to assess healthcare needs and promote the hospital's services effectively.


Commitment to Quality:
The VP will prioritize quality patient care and continuous improvement, ensuring compliance with all relevant laws and regulations.


Qualifications:
A Bachelor's degree in finance, accounting, or a related field is required, with a CPA designation preferred. Significant experience in hospital finance and accounting, particularly in a leadership role, is essential.


Benefits:
The organization offers a competitive salary, relocation assistance, an incentive compensation plan, and a comprehensive benefits package.


About Community Hospital Corporation:
Community Hospital Corporation is dedicated to supporting not-for-profit hospitals in maintaining community governance and operational excellence.