Senior Vice President of Finance
4 weeks ago
The Senior Vice President of Finance will serve as a key advisor to the President & CEO and BHC leadership team regarding system strategy of all financial and business matters. This role will oversee the entire organization's fiscal operating results, financial reports, and statements, and administration of its accounting practices and systems.
Responsibilities
- Serves as a key advisor to the President & CEO and BHC leadership team regarding system strategy of all financial and business matters.
- Leads all traditional finance functions for BHC at a best-in-class standard to include financial accounting and reporting, cost accounting and financial decision support, budgeting, tax reporting, managed care finance, Medicare cost reporting purchasing and supply chain management, accounts payable, payroll, treasury, payer contracting, governmental reimbursement, patient financial services (including revenue cycle management, charge description master, rate realization, billing and receivables and administration of charity care policies, claims processing).
- Oversees entire organization's fiscal operating results, financial reports, and statements, and administration of its accounting practices and systems.
- Reports monthly financial performance to the Board and serves as an administrative liaison to the Board's governance and finance committee.
- Develops and implements multi-year business planning model, ensuring that the planning process is a rigorous and reliable vehicle for decision making, operations, and strategic planning.
- Manages the selection and execution of the large portfolio of capital projects and investments and provides direction of the investment strategy and monitoring of all corporate funds and pension funds.
- Designs and maintains revenue integrity including, but not limited to the collection of all revenue expected within contracts and assurance of revenue cycle compliance.
- Provides both strategic and tactical direction on managed care contracting strategy, anticipating changing payor trends, maintaining external relationships, and protecting BHC's privileged market position and pricing as much as the market will allow.
- Manages the system migration toward prudent assumption of additional risk and sustainable arrangements for value-based care contracting.
- Responsible for oversite of Information Technology (IT).
- Fosters communication throughout the Finance and IT division though various channels including Team Member Forums, including collaboration with External Relations and the Communications team.
- Maintains strong collaborative relationships with senior executive council.
Experience and Education
- 10+ years of experience in health care financial management experience required. Not-for-profit health care system and multi facility experience preferred.
- Bachelor's degree in accounting, finance, or other related field required. Master's degree in accounting, finance, or other related field preferred.
- Certified Public Accountant (CPA) preferred.
- This role will be located in Pensacola, Florida.
Baptist Health Care is a not-for-profit health care system committed to improving the quality of life for people and communities in northwest Florida and south Alabama. The organization includes three hospitals, four medical parks, Andrews Institute for Orthopaedic & Sports Medicine, and an extensive primary and specialty care provider network. With more than 4,000 team members, Baptist Health Care is one of the largest non-governmental employers in northwest Florida.
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