Senior Finance Executive

3 weeks ago

Salt Lake, Utah, United States Intermountain Health Full time

Job Title: Senior Finance Executive - Utah



About the Role: We are seeking a seasoned finance leader to join our team as a Senior Finance Executive in our Utah office. This position will be responsible for leading financial planning, budgeting, forecasting, reporting, and analysis for Select Health. The ideal candidate will have extensive experience in finance leadership roles, preferably in the healthcare payer and provider environment.



Key Responsibilities:




  • Lead and oversee financial planning, budgeting, forecasting, reporting, and analysis for Select Health.
  • Ensure the accuracy, timeliness, and compliance of financial statements and regulatory reporting for Select Health.
  • Lead the development and implementation of long-term financial strategies that align with the organization's mission and objectives.
  • Collaborate with senior leadership to integrate financial goals with overall business strategy.
  • Ensure compliance with all relevant regulations and standards, maintaining the highest level of financial integrity.
  • Partners with Corporate Development and System Finance on financial review, due diligence, and coordination of potential acquisitions, mergers, partnerships, and joint ventures and related financing alternatives and makes recommendations.
  • Develop and implement financial policies, procedures, and controls to ensure the integrity and efficiency of financial operations.
  • Provide strategic guidance and support to the CFO and senior leadership team on financial matters, growth opportunities, and investments.
  • Develops and maintains financial models, projections, and scenarios to support strategic decision-making.
  • Has accountability for generating and documenting the financial components of Board-level or senior management business cases relating to capital and growth.
  • Oversees the capital budget for Select Health, including financial analysis, review, coordination, reporting, management, and tracking of the annual capital budget and major capital projects.
  • Ensures the accuracy, timeliness, and consistency of financial data and reporting. Partners with System Finance on integrated financial reporting for Select Health members.
  • Oversees annual operating plan and forecasting activities. Collaborates with finance, accounting, operations, and other departments to ensure alignment and integration of financial plans and processes.
  • Identifies and communicates risks, opportunities, and best practices related to financial planning and analysis.
  • Manage and develop a high-performing team of finance professionals, fostering a culture of collaboration, accountability, and continuous improvement.
  • Establish and maintain effective relationships with internal and external stakeholders, including auditors, regulators, vendors, and partners.


Requirements:




  • Bachelor’s degree in business administration, finance, healthcare management, or related field is required. Master’s degree is preferred.
  • CPA, CMA, or MBA preferred.
  • Demonstrated senior-level experience in finance leadership roles preferably in healthcare payer and provider environment.
  • Extensive knowledge of the healthcare industry accounting principles, financial reporting standards, tax regulations, insurance regulations, and compliance requirements.
  • Demonstrated proficiency in generating a high volume of Board-level reports and presentations that are accurate, professional, and compelling.
  • Proven ability to develop and execute financial strategies, plans, and budgets aligned with organizational goals and objectives.
  • Broad experience in leadership roles directing major project initiatives and multi-disciplinary teams.
  • Demonstrated success indicating exceptional strategic thinking, analytical, and problem-solving skills, with the ability to synthesize complex data and information.
  • Ability to demonstrate excellent communication and presentation skills with the ability to influence and collaborate at all levels of the organization.
  • Demonstrated high degree of integrity, professionalism, and ethical standards, with a commitment to Intermountain Health and Select Health’s mission and values.
  • Demonstrated success in ability to lead, motivate, and develop a high-performing team of finance professionals.
  • Ability to collaborate and build relationships with internal and external stakeholders.
  • Proficiency in Microsoft Office and other relevant software applications.


Benefits:




  • This is an exempt, full-time position with a compensation range of $336,814-379,655 annually, as determined by prior years of relevant experience.
  • In addition to the annual salary, to show our commitment to you and assist with your transition into our organization, we may offer a sign-on and relocation bonus when applicable.
  • With this position, you are eligible to participate in the Annual Pay for Performance (AP4P) Plan. This plan enables Intermountain Health to provide leaders with an additional performance compensation opportunity. The AP4P award opportunities are calculated as a percentage of your base salary. Awards are paid out based on attainment of selected Board-approved goals.


Location: Select Health - Murray, Work City: Murray, Work State: Utah, Scheduled Weekly Hours: 40



Estimated Salary: $336,814 - $379,655 annually

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