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VP/CFO Hospital

Miami , FL, USA | Nicklaus Children's Health System

  • Industry:
    Healthcare - Hospitals
  • Position Type:
  • Functions:
    General Management
  • Experience:
    5-7 years
Job Description:
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Job Summary

Directs the financial and other departmental activities in accordance with defined hospital policies and objectives.Responsibilities include management of specified financial departments, allocation of resources, and preparation of the annual budget.Responsible for forming solid relationships with all hospital and system leaders and work in collaboration to address complex financial and operational issues and strengthen their financial knowledge. Lead and support the organizations culture and promote financial transparency. Lead and balance changes at the Hospital and coming changes from health reform as well as establish a style of being visible, approachable, and team oriented. Responsible for accurate and timely reporting of transactions in accordance with GAAP and for stewardship of resources. Contributes to major processes such as budgets, forecasts, rate setting, business planning, and capital planning.Directly supports the President of the hospital and serves as the lead financial executive at the hospital and is the key business partner to the President of the hospital.


Minimum Job Requirements

Master's Degree in Business Administration or CPA 

More than 5 years experience in hospital financial leadership role

Experience with Medicaid and Medicare principles

Knowledge, Skills, and Abilities

 CPA preferred.

 Experience with tax laws and principles preferred.

 Ability to communicate effectively.

 Able to effectively represent NCH position in situations with multiple disciplines and viewpoints.

 Ability to relate cooperatively and constructively with clients and co-workers.

 Effectively monitor and develop the abilities of subordinates.

 Excellent analytical and organizational skills.

 Excellent interpersonal skills; high level of self-confidence, good sense of humor, respects, and values all.

 Highly professional, exemplifying honesty, and integrity.

 Knowledgeable financial professional with sound track record of making decisions based on fact.

 Self-directed and decisive in the context of the big picture.

Job Specific Duties

 Personifies financial operations leader for the Health System with particular focus on leadership at Nicklaus Children’s Hospital.Helps define and evaluate financial and non-financial goals & objectives.

 Create a market competitive cost structure. Develops and oversees multiple corporate and department budgets to meet corporate goals and objectives.

 Translates organizational plans, goals, and initiatives into assumptions for annual operating and/or capital budgets. Develops and manages a multi-year forecast model that projects operating and capital budgets, balance sheet, and cash flows for the Health System.

 Directs the accounting staff in preparation of financial statements for all Health System entities. Designs for the monthly and annual general close process including production of financial statements in a timely manner while ensuring adherence to GAAP and Hospital policies. Prepares custom reports to support the decision making activities of management.

 Responsible for the general ledger and subsidiary systems feeding into the GL. Facilitates the relationship with Information Systems.

 Provides written summaries of financial results along with explanation regarding significant transactions and budget to actual variances.

 Manages and coordinates fixed asset accounting. Oversees maintenance of property ledgers to include original purchase cost, useful lives, and depreciation for book and tax purposes, transfers, disposals and facility renovations.

 Provides leadership and expertise in the development, implementation, oversight, and evaluation of business plan development and review for the system.

 Develops and implements appropriate policies and discipline to maintain a reliable and high quality environment.

 Ensures the integrity of all accounting and financial reporting in accordance with the requirements of internal/external and governmental constituencies.

 Regular rounding to gather feedback in order to make effective decisions that will improve leader's metrics on their Monthly Scorecard

 Proactively surfaces and addresses issue which impact forecasts and ensure forecasts are reasonable and achievable. Incorporates best practices and responds to emerging trends to enhance operations, programs and/or services.

 Develops and supports internal controls to ensure assets are safeguarded, policies and operating procedures are followed, necessary controls are effective and efficient, and compliance with current laws and regulations are achieved.

 Understands and relates current and future year business and operational decisions and their financial impact.

 Stays current in the latest accounting regulatory and legislative standards. Successfully establish trust with the internal and external customers.

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