Vice President and Chief Financial Officer Financial Operations
Job ID R-68018 Date Posted 05/04/2024 Location Sacramento, CA | Emeryville, CA Schedule/Shift/Weekly Hours Regular/Days/40Organization:
SHSO-Administrative PayrollPosition Overview:
This position reports directly to the SVP, Chief Financial Officer, supporting the dyad relationship of the SVP, COO and the SVP, Chief Physician Executive. This position will provide financial, operational and strategic oversight for the five markets. The Vice President and Chief Financial Officer Financial Operations is responsible for the oversight of the financial operations within the markets including but not limited to monthly close, forecasting, budgeting, performance management, capital management and business cases for growth and large capital projects. This position provides administrative leadership and direction to the finance operations and business entities of the markets’ hospitals, ambulatory care centers, and medical foundations. The Vice President and Chief Financial Officer Financial Operations assures that cost-effective services are provided to the communities within the markets; exercises necessary, appropriate authority and accountability for the administration and long-term planning for the markets; provides direction to the markets’ in adhering to system-level standards; maintain effective employee, community, and Board relations; promotes positive community contacts and relationships. The Market CFOs will report directly to the Vice President, Financial Operations with a dotted line to the respective Market President.Job Description:
Education/Certification/Licensure
Required
- Bachelor's Business, Finance or Accounting
Desired
- MBA or Hospital/Health Care Administration
- CPA
Experience
- Expertise in healthcare administration with progressively responsible management experience (as typically acquired during 5-7 years) that includes senior roles in complex multi-facility environments
- Strong finance experience in large complex healthcare organizations
- Executive level experience in a multi-facility/matrix management healthcare system helpful
- Proven competence and success in financial operations, new business planning, development, implementation and management; board and physician relations and management development
- Demonstrated experience (generally 4-6 years) leading staff represented by organized labor unions.
- Previous experience in healthcare service line management is desired.
- Experience demonstrating effective/proactive employee relations philosophy required.
- Demonstrated track record of developing and maintaining working partnerships with physicians.
Knowledge
- In-depth working knowledge of healthcare administration, finance, operations and departments, with a strong emphasis on and understanding of financial management, strategic planning, physician relations, patient care, quality assessment and improvement, risk management and human resource management.
- Proven business acumen and entrepreneurial risk-taking ability with proactive attitude and demonstrated creativity in problem solving.
- Solid working knowledge of applicable laws and operating guidelines
- Firm understanding of the trends and issues affecting the healthcare industry, including managed care, reimbursement, clinical integration and quality outcomes.
- Solid understanding of hospital compliance regulations/laws including but not limited to: federal and state wage and hour laws/regulations The Joint Commission (TJC), CMS and related accreditation standards, California Business & Professions Code as it relates to the professional medical staff, and CA Code of Regulations (Title 22 parameters)
- Understanding of and experience with Lean or other process improvement philosophies and methodologies desired
Skills
- Strong analytical skills in identifying, planning, and executing appropriate and successful health care business strategies to meet changing organizational and community needs, and regulatory requirements.
- Effective team leader and team member skills, with a bias toward timely and appropriate action
- Demonstrated effective organizational performance improvement skills, in-depth working knowledge of integrated healthcare organization and administration, agency standards/compliance, and laws applicable to healthcare operations is necessary.
- Well-developed skills in problem-identification, persuasion, and negotiation
- Demonstrated skills in leadership, conflict identification and resolution, group problem solving and group process as well as organization and prioritization.
- Exceptional interpersonal skills, with the ability to establish and maintain effective working relationships with hospital management, physician providers, nursing, key departments and individuals at all levels inside and outside of Sutter Health
- Well-developed and engaging communication skills (written, verbal and presentation/public speaking), including the ability to tailor presentations to a specific audience, and address and interact with large groups.
- Proven ability explaining complex medical/clinical information and concepts in "lay" terms.
- Excellent customer service orientation, with emphasis on continuous quality improvement
The primary office location of this position will be in Sacramento or Emeryville, California
Job Shift:
DaysSchedule:
Full TimeShift Hours:
8Days of the Week:
Monday - FridayWeekend Requirements:
As NeededBenefits:
YesUnions:
NoPosition Status:
ExemptWeekly Hours:
40Employee Status:
RegularNumber of Openings:
1Sutter Health is an equal opportunity employer EOE/M/F/Disability/Veterans.
Pay Range is $296.27 to $400.84 / hourThe salary range for this role may vary above or below the posted range as determined by location. This range has not been adjusted for any specific geographic differential applicable by area where the position may be filled. Compensation takes into account several factors including but not limited to a candidate’s experience, education, skills, licensure and certifications, department equity, training and organizational needs. Base pay is just one piece of the total rewards program offered by Sutter Health. Eligible roles also qualify for a comprehensive benefits package.
Qualified applicants with arrest and conviction records will be considered for employment. Applicants for specific positions are still required to disclose certain convictions during the application process, and those convictions may also be considered in determining eligibility for employment in accordance with applicable law.
Apply Apply LaterFraud Alert: Please be aware of scams involving fraudulent job postings ...Learn more
Find a Career at Sutter
Our employees are shaping the future of healthcare. Find a career at Sutter.
Get Started