UnityPoint Health Regional Vice President - Finance in Waterloo, Iowa
The Regional Vice President – Finance (VP – Finance) is the senior-most financial leader in a region and a member of the region’s senior team. This position is accountable for financial planning, regional financial operations and other finance related processes necessary to create a world-class finance organization. The VP - Finance is accountable for partnering with System Service leadership to ensure the successful performance of all shared services within the financial organization. This role will serve as the financial leader for the integrated delivery system within this region; responsible for the financial performance of the entire Care Delivery enterprise as well as Care Financing activities.
Ensure credibility of the Finance department by effective management, strong communications and providing timely and accurate analysis of financial data, reports and trends on a routine basis.
Oversee and work directly with management on short-term financial forecasting activities to ensure the region has a financial plan that recognizes current market situations.
Become a trusted advisor by establishing and maintaining relationships with senior management to identify their needs and seek a range of business solutions. The VP - Finance and their team will serve as the liaison with all constituents and departments for financial matters.
Provide senior management with advice on the financial implications of business activities and work with them to provide recommendations to strategically enhance financial performance of the organization.
Be accountable and use the system-wide standardized financial systems & structures, including long range financial plans, budgets, financial reporting, accounting, reimbursement, and policies and procedures to assure the value of the system is maximized.
Be accountable, support, and collaborate with system shared services and other system provided functions such as supply chain, revenue cycle, accounting, etc.
Implement standards and procedures for financial planning and reporting for operations, consistent with system practices and objectives.
Lead the development of a long-range operating and capital plan, incorporating internal and external factors to ensure executive leadership has information to make long-term decisions and position the region on a financially sustainable path.
In partnership with Strategic Analytics, support a best-in-class financial and operational analytics team to ensure management has appropriate information to make business decisions.
Champion the use of an enterprise value financial analysis as a standard requirement in the review of current or new business strategies within Care Delivery and Care Financing
Provide strategic and operational leadership regional activities, including any applicable joint ventures to ensure that budgets and strategic initiative goals are met.
Champion a continuous learning environment for all leaders in the organization and support their financial educational needs through the deployment of key curriculum within the financial enterprise.
Use influence and persuasion to effectively lead others, independent of direct or matrix reporting relationship.
Collaborate with all stakeholders and effectively communicate across the system. Interact with colleagues at all levels of the organization and in the community in a diplomatic, professional and tactful manner.
Support key internal communications regarding performance by translating complex data into an easy to understand story that is relatable to our leaders
Demonstrate an understanding and commitment to the mission and values of the System, adhering to the mission and values at all times. Establish a style and culture within the Finance enterprise that promotes customer service, visibility and transparency.
Work to facilitate cross functional/multidisciplinary collaboration with a goal to decrease silos. Foster an environment which encourages the team to go the next step, find an answer for a colleague, and not “build walls” around job responsibilities.
Provide leadership to ensure the overall finance role and financial performance is understood in the organization and broader community.
Managed Care: Assume a support role, in collaborating with System leadership teams regarding managed care contracting and payer contracting issues.
Revenue Cycle: Partner with System leadership in the management and execution of our revenue cycle initiatives as well as serve as a key member of our Executive Strategy Council.
Central Accounting: Support the underlying workflows and processes necessary to have a high functioning centralized accounting function to complete month-end close in a timely manner. This also includes accounts payable, payroll and tax functions.
Supply Chain and Logistics: Partner with System leadership to ensure contract negotiations maximize the value to the System.
Treasury: Support the work of System leadership in managing the balance sheet for the Region and the System.
Analytics: Partner with System leadership to support the interpretation and translation of data into information used to improve outcomes, relying on System resources to design and maintain the analytical infrastructure, engineers and developers.
Demonstrates the UnityPoint Health Values and Standards of Behaviors as well as adheres to policies and procedures and safety guidelines.
Demonstrates ability to meet business needs of department with regular, reliable attendance.
Employee maintains current licenses and/or certifications required for the position.
Practices and reflects knowledge of HIPAA, TJC, DNV, OSHA and other federal/state regulatory agencies guiding healthcare.
Completes all annual education and competency requirements within the calendar year.
Is knowledgeable of hospital and department compliance requirements for federally funded healthcare programs (e.g. Medicare and Medicaid) regarding fraud, waste and abuse. Brings any questions or concerns regarding compliance to the immediate attention of hospital administrative staff. Takes appropriate action on concerns reported by department staff related to compliance.
Bachelor degree in finance, business administration, accounting or other related discipline is required. Master’s degree or CPA preferred.
Minimum of 10 years experience in a financial leadership capacity. Industry experience should include at least 5 years health system or in a multi-disciplinary, multi-site healthcare operation. Solid understanding of the challenges and opportunities of the finance function in either a hospital/group setting/health care system or an organization of similar complexity.
Valid driver’s license when driving any vehicle for work-related reasons.
Strong leadership, strategic management and vision skills with a commitment to innovation and creative solutions. Knowledge and experience in finance, operations management, project management, strategic planning and building strong relationships.
Strong grasp of details, consistently ahead of the curve when it comes to interpreting data, seeing trends and anticipating questions. Able to quickly process new information and point to areas to dig deeper.
Focuses on the needs of the customer.
Not-for-profit financial operations and reporting experience will be valuable. Cost containment and revenue enhancement strategies experience will be valued, as will be an overall solid understanding of healthcare operations.
Strong critical thinking skills along with demonstrated financial management skills. A track record of extracting and synthesizing data into management information in order to make clinical, strategic and financial decisions.
Strategic thinker with excellent written and verbal communication skills. Demonstrated ability to express ideas logically, cogently and persuasively. Has exceptional presentation skills and effectively communicates details to audiences with the appropriate level of detail required.
Exceptional ability to build commitment, influence others and drive large scale organizational and cultural change throughout the organization.
Use of usual and customary equipment used to perform essential functions of the position.
Requisition ID: 2019-61371
Street: 1825 Logan Ave
Name: 2520 UnityPoint Health Allen Hospital
FTE (Numeric Only; Ex. 0.01): 1.0
FLSA Status: Exempt
Scheduled Hours/Shift: Day hours
External Company URL: http://www.unitypoint.org