Jobs · Management · Maryland

Vice President - Financial Operations

Luminis Health · Annapolis, MD · 3 wk ago
ManagementFull-time

Essential Job Duties

  • Ensures that enterprise-wide financial systems, controls, and processes are in place and deliver highly reliable, accurate, and timely results to executive leadership and operational stakeholders across the organization.
  • Leads the modernization, integration, and optimization of financial systems and processes, including close acceleration, reporting automation, data governance, and internal controls aligned with best practices for large healthcare systems.
  • Engages with Luminis Health Finance and Investments Committee, Investment Advisor, and Fund Managers to support and maximize return on financial assets and guides financial decisions by establishing financial policies, procedures, controls, and reporting systems.
  • Owns capital debt structure and liquidity strategy, including strategic guidance related to accessing capital markets and evaluating financing options to support organizational growth, capital needs, and long-term financial sustainability.
  • Interfaces with and manages interactions with external financial stakeholders, including banks, bondholders, rating agencies, investment managers, auditors, and other financial partners.
  • Protects assets by designing, implementing, monitoring, continuously strengthening, and enforcing internal controls, ensuring audit readiness and resilience against financial, regulatory, and operational risk.
  • Ensures compliance with federal, state, and local legal and regulatory requirements by monitoring existing and emerging legislation, assessing financial impact, enforcing adherence to requirements, and advising senior leadership on needed actions.
  • Owns enterprise financial risk management and audit readiness, coordinating the external audit process and leading responses to audit findings, management letter recommendations, and related financial control matters.
  • Pairs with the Corporate Compliance Officer to support internal audit activities and strengthen enterprise governance, risk, and compliance frameworks.
  • Manages all tax planning and compliance with required federal, state, local, payroll, property, and other applicable taxes. Coordinates and/or prepares tax filings, schedules, returns, and supporting documentation, ensuring accuracy, timeliness, and compliance.
  • Advises senior leadership on tax strategy, regulatory changes, financial risk exposure, and related matters impacting the organization’s financial position.
  • Leads all aspects of accounting operations, including oversight of all transactions related to general ledger, miscellaneous receivables, payables, payroll, treasury, tax, and external financial reporting.
  • Ensures streamlined financial reporting, accounting, compliance, and controls while putting in place credible, consistent and useful financial and operational reports that can be produced within a timely manner.
  • Ensures analysis of financial results with respect to operating margin, trends, costs, and comparison to budgets. Monitors and affirms financial condition through appropriate review processes. Issues regular status and ad hoc reports to senior leadership.
  • Collaborates with the VP of Financial Planning & Analysis to ensure alignment between financial operations, budgeting, forecasting, and long-range financial planning.
  • Leads and supports system-wide initiatives to develop performance improvement recommendations, strengthen financial stewardship, and improve operational efficiency.
  • Pairs with senior leadership and physician leaders to support clinical program development and ensure that clinical initiatives meet business plan expectations and financial sustainability objectives.
  • Provides strategic financial counsel and education to the CFO, Board, and top management team as necessary for areas of responsibility. Leads, mentors, and develops high-performing teams fostering a culture of accountability, continuous improvement, collaboration, and customer service excellence.
  • Works collaboratively across the organization to build credibility with senior leadership, physicians, and operational stakeholders, serving as an integral member of the executive leadership team.
  • Establishes performance indicators to evaluate effectiveness of assigned job responsibilities and projects.
  • Maintains effective working relationships with the VP of Supply Chain, VP of Construction and Real Estate, VP of Revenue Cycle, and the VP of Financial Planning and Analysis to ensure effective coordination of all financial operations.

Educational/Experience Requirements

  • Bachelor’s degree in accounting, finance or related field; MBA preferred.
  • Ten or more years of progressive healthcare financial leadership experience, including increasing levels of responsibility in accounting, treasury, financial operations, audit, controls, and/or external financial reporting.
  • Strong knowledge of financial systems, ERP platforms, accounting systems, internal controls, data-driven reporting environments, and financial process improvement.
  • Demonstrated experience working with executive leadership teams, boards, and external financial stakeholders.
  • Excellent verbal and written communication skills.
  • High level of interpersonal skills with demonstrated ability to build credibility and influence across senior leadership, operational leaders, physician leaders, and external partners.

Required License/Certifications

  • Certified Public Accountant required.

Luminis Health Benefits Overview

  • Medical, Dental, and Vision Insurance
  • Retirement Plan (with employer match for employees who work more than 1000 hours in a calendar year)
  • Paid Time Off
  • Tuition Assistance Benefits
  • Employee Referral Bonus Program
  • Paid Holidays, Disability, and Life/AD&D for full-time employees
  • Wellness Programs
  • Employee Assistance Programs and more

Working Conditions, Equipment, Physical Demands

  • There is a reasonable expectation that employees in this position will not be exposed to blood-borne pathogens.
  • Physical Demands - Light Work

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