Vice President of Finance Job at McLaren Health Care

McLaren Health Care Mount Clemens, MI 48043

About Us

McLaren Health Care is a fully integrated health network committed to quality, evidence-based patient care with locations in Michigan, Indiana and Ohio. The McLaren system includes 14 hospitals in Michigan and Ohio, ambulatory surgery centers, imaging centers, a primary and specialty care physician network, commercial and Medicaid HMOs, home health, infusion and hospice providers, pharmacy services, a clinical laboratory network and a wholly owned medical malpractice insurance company. McLaren operates Michigan’s largest network of cancer centers and providers, anchored by the Karmanos Cancer Institute, one of only 51 National Cancer Institute-designated comprehensive cancer centers in the U.S.

Vice President, Chief Financial Officer

Michigan, Mount Clemens

New
Vice President
McLaren Macomb
  
22010789 Requisition #

The Vice President and Chief Financial Officer is responsible for strategic financial planning and treasury function. He/she employs vision and leadership in financial goal setting, problem solving and decision making to support the mission, vision and values, and to assume the delivery of high quality and cost-efficient patient care.
Responsibilities:
  • Analyzes the organization’s current financial position and develops short and long-range budget forecasts for revenue, expenses, cash flow, reimbursement, and capital expenditures.
  • Identifies key financial and operational performance ratios against which the hospitals financial performance can be measured. Designs and implements improved financial and management information systems and financial models.
  • Creates an environment of accountability, responsibility and ownership through consistent leadership, direction and support. Encourages staff to be self-directed and take initiative. Fosters teamwork, effectively developing multiple coalitions and relationships.
  • Serves as a strategic partner to the executive team, providing support and advice. Works closely with the management team regarding business related planning and problem solving for the hospital.
  • Reviews the annual operating, capital equipment and cash budgets. Acts as financial advisor regarding compliance with policy and other relevant matters.
  • Monitors financial operations and identifies opportunities for improvement. Oversees the production and distribution of all the management, financial, accounting and budget reports.
  • Implements changes to improve the quality and timeliness of information while improving productivity; assures that deadlines are met, strives for a seven-day close.
  • Provides leadership to the strategic and financial planning process, working within a culture which values consensus without losing sight of the need to make difficult decisions in a timely fashion. Evaluates the financial components of feasibility studies for new programs and projects, working closely with the appropriate management team members.
  • Prepares financial reports for the president, management team members and the board of trustees. Reports results of monthly and quarterly financial performance to the hospital board and board committees and serves as the key system financial advisor.
  • Develops goals and objectives for areas of responsibility and plans to accomplish goals.
  • Ensures that all accounting practices are in accordance with regulatory and third-party requirements, system objectives, and generally accepted accounting principles.
  • Performs other duties as required.
#LI - KH1
Required:
  • A master’s degree or equivalent; an M.B.A. is preferred, as is a CPA.
  • Substantial senior level financial experience. A systems thinker who is analytical yet decisive; compulsive about follow up. Knowledgeable about the business and financing of healthcare; able to contribute effectively to strategic and financial decisions. A management style that emphasizes teamwork, communication, delegation, personal development and ability to evaluate and develop the skills and talents of subordinates.

Per Centers for Medicare & Medicaid Services (CMS) regulations, all McLaren employees must be vaccinated for COVID-19 by January 4, 2022. The regulation permits exemptions for employees with qualified medical disabilities or religious beliefs.

Equal Opportunity Employer

McLaren Health Care is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identification, age, sex, marital status, national origin, disability, genetic information, height or weight, protected veteran or other classification protected by law.




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