Vice President, Finance - Community Hospitals
About the role
This position oversees a portfolio of finance leaders (managers/directors) and partners with them and their site-based operational/clinical leaders to drive financial performance. It involves leading and managing a team of healthcare professionals, monitoring their effectiveness, creating and managing budgets, monitoring financial performance, and developing strategies to improve healthcare center’s performance.
Responsibilities
- Lead and manage a team of healthcare professionals, providing guidance and support to ensure their success.
- Evaluate and balance the quality/quantity of work output and oversight of responsibilities across the portfolio.
- Create and manage budgets, monitor financial performance, and take corrective action as needed.
- Research and analyze data to identify areas of improvement.
- Develop and implement strategies to improve the healthcare center’s performance.
- Establish goals and relationships to drive organization revenue growth and improve expense efficiency and hold the team accountable for related outcomes.
- Develop, implement, and monitor policies and procedures to ensure efficient operations.
- Present summary information to Senior Business leaders, executives, and committees.
- Collaborate with other healthcare organizations, government agencies, and community partners.
- Lead system and process improvement initiatives.
Requirements
This role requires a Bachelor's Degree in Business Administration, Finance, or Healthcare Management. Experience in a senior leadership role with a strong track record of success is required, along with experience in developing and managing budgets and financial reports within a complex hospital system. Proven leadership skills, excellent interpersonal and communication skills, strategic thinking, and in-depth knowledge of healthcare regulations, policies, and standards are also essential.
Qualifications
Community Hospitals: This portfolio will include MGB’s community hospitals and Home Care and their respective finance teams (FTE ~90) with key focus on standardizing roles and processes across teams, performance benchmarking and identifying opportunities for improvement, and developing collaborative relationships with operating and board leaders.
Skills
Proven leadership skills, with the ability to motivate and lead cross-functional teams. Excellent interpersonal and communication skills, with the ability to build relationships and negotiate effectively. Strategic thinker with a proven ability to develop and execute on plans and initiatives. Excellent leadership, interpersonal, and communication skills, with the ability to lead and inspire a team. Strong strategic and analytical skills, with the ability to develop and implement effective healthcare solutions. In-depth knowledge of healthcare regulations, policies, and standards. Strong business acumen, with the ability to develop and execute successful business strategies. Ability to work well under pressure, meet deadlines, and manage multiple projects simultaneously.
Benefits
N/A
Pay
N/A
Schedule
N/A