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Vice President of Finance

2 weeks ago

Chicago, IL, United States StevenDouglas Full time
Advancing careers of Finance & Accounting executives | Vice President Executive Search at StevenDouglas | Board Member at UnCorked Adventures |

StevenDouglas has been retained by our established healthcare client to identify a Vice President of Finance. This newly created position will report to the CFO and oversees comprehensive financial management, including revenue cycle, accounts payable, payroll reporting, cash flow management, tax compliance, 401(k) accounting, and audit support. The VP will provide strategic financial guidance and leadership while supporting budgeting, payroll analysis, and ensuring regulatory compliance across multiple entities.

Key Responsibilities
  • Develop, implement, and monitor financial strategies to support the long?term goals of the organization and its ancillary businesses
  • Provide financial insights, forecasts, and reports to guide operational and strategic decision?making
  • Oversee the revenue cycle department to ensure effective and efficient billing, collections, and reimbursement processes
  • Collaborate with clinical and administrative teams to improve payer reimbursement and manage denials, ensuring revenue optimization
  • Lead the annual budgeting process for corporate and ancillary businesses, ensuring alignment with organizational goals
  • Provide detailed analysis of budget variances and work with department heads to ensure budget adherence
  • Oversee all aspects of 401(k) plan accounting and administration, ensuring accurate tracking of contributions, distributions, and investment performance
Qualifications
  • Bachelors degree in Finance, Accounting, Business Administration, or related field (MBA/CPA preferred)
  • Minimum of 10 years of experience in financial leadership roles, with experience in healthcare or long?term care industries
  • Expertise in financial management, budgeting, tax compliance, revenue cycle management, and 401(k) plan administration
  • Strong understanding of payroll processes, tax regulations, and audit preparation
  • Proven experience in supporting multiple business units or ancillary companies in financial planning and analysis
  • Interest in becoming the Chief Financial Officer in the future

This is an in?office position located in Chicago. Local candidates only.

Seniority Level

Executive

Employment Type

Full?time

Job Function

Accounting / Auditing and Finance

Industries

Hospitals and Health Care

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