responsibility for the planning, coordination, and direction of financial activities
of SRMC and related subsidiaries/affiliates. Participates in the financial
and functional decision-making processes for the successful attainment of the
operational and strategic goals and objectives of assigned entities.
Maintains an awareness of changes in the healthcare regulatory environment
that could have an impact on the success of the System or its member
hospitals and assists with development of strategies to effectively manage
through the changes.
The VP of Finance will work with other Finance VPs and leaders from
across the System to coordinate efforts within specified functional areas.
The primary objectives of these efforts varies among the different functional
areas but can include achieving consistency in policies and processes,
streamlining processes to gain efficiencies and improve margins, and
facilitate communication both within the finance team and with leadership of
other divisions.
MINIMUM
QUALIFICATIONS:
EDUCATION, CERTIFICATION, AND/OR LICENSURE:
1.
Bachelors
degree in accounting, finance, or business administration.
2.
Obtain Certified Public Account (CPA)
Certification with two (2) years of hire.
EXPERIENCE:
1.
Eight (8) years of health care finance
experience, including Financial management and supervisory experience in a
health care setting.
PREFERRED
QUALIFICATIONS:
EDUCATION, CERTIFICATION, AND/OR LICENSURE:
1.
Masters degree in accounting, finance, or
business administration.
EXPERIENCE:
1.
Financial management in a health care
system environment and/or an academic medical center.
CORE DUTIES AND RESPONSIBILITIES: The
statements described here are intended to describe the general nature of work
being performed by people assigned to this position. They are not intended to be constructed as
an all-inclusive list of all responsibilities and duties. Other duties may be assigned.
1.
Responsible for the planning, coordination, and direction of financial
activities of the hospital and related subsidiaries/affiliates.
2.
Monitors the
financial performance and financial position of assigned entities to identify
variances and key trends that could affect the entitys and/or Systems
financial viability. Reviews key financial and utilization information with
VP of Finance, WVUHS and others as needed in order to facilitate timely
operating adjustments when necessary.
3.
Establishes
and maintains centralized administrative and financial policies for
functional areas of responsibility where appropriate to standardize and
provide consistency among System entities.
4.
Works with other Finance VPs and leaders from across the System to coordinate
efforts within specified functional areas. The primary objectives of these
efforts varies among the different functional areas but can include achieving
consistency in policies and processes, streamlining processes to gain
efficiencies and improve margins, and facilitate communication both within
the finance team and with leadership of other divisions.
5.
Coordinates
reporting of the financial performance and financial position of assigned
entities to their respective Finance Committees and Boards of Directors.
Direct
responsibility for the Summersville Regional Medical Center Finance
Committee.
6.
Responsible for long range strategic planning for assigned entities,
including identification and assessment of growth opportunities, process
improvements, margin enhancements, and resource deployment.
7.
Assists with
annual update of long range financial forecast for assigned entities in order
to assess system-wide capital requirements, debt capacity, and cash planning.
8.
Assists with
coordination of annual external financial statement audits of assigned
entities within WVUHS. Assists with corrective action plans regarding
management letter and other recommendations for improving and/or correcting
deficiencies in accounting system control procedures.
9.
Responsible
for the completion of annual operating and capital budgets for assigned
entities within the established WVUHS budget guidelines and parameters.
10.
Maintains an awareness of changes in the healthcare regulatory environment
that could have an impact on the success of the System or its member
hospitals and develops strategies to effectively manage through the changes.
11.
Demonstrates
strategic thinking and effectiveness by identifying future needs and problem
areas, developing workable solutions, and following through to action. Works
collaboratively with System staff and senior management teams of assigned
entities by providing assistance related to financial matters.
12.
Maintains
personal development program to improve professional and business skills
necessary for high level performance within the position. Attends meetings
and seminars to maintain knowledge of current trends and developments in the
field and applies information obtained within assigned entities and the
System as appropriate.
13.
Other duties
as assigned.
PHYSICAL REQUIREMENTS: The physical
demands described here are representative of those that must be met by an
employee to successfully perform the essential functions of this job.
Reasonable accommodations may be made to enable individuals with disabilities
to perform the essential functions.
1.
Office work
which includes sitting for extended periods of time.
WORKING ENVIRONMENT: The work
environment characteristics described here are representative of those an
employee encounters while performing the essential functions of this job.
Reasonable accommodations may be made to enable individuals with disabilities
to perform the essential functions.
1.
Office work
which includes sitting for extended periods of time.
2.
Periodic
travel throughout the region.
SKILLS AND ABILITIES:
1.
Strong
collaboration, teambuilding, and consensus building skills required.
2.
Demonstrated
leadership skills and the ability to provide constructive feedback to team
members to support continuous improvement.
3.
High-level
problem identification/mitigation/resolution skills.
4.
Computer
skills including Microsoft Office (Excel, Word, PowerPoint). Working
knowledge of accounting information systems. Ability to adapt and quickly
learn other computer applications as required.
5.
Ability to
work with and maintain confidential information.
Date Reviewed/Revised: October 2019
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