Market Vice President Operational Finance
Company: CommonSpirit Health
Location: Tacoma
Posted on: May 14, 2022
Job Description:
OverviewCommonSpirit Health was formed by the alignment of
Catholic Health Initiatives (CHI) and Dignity Health. With more
than 700 care sites across the U.S. & from clinics and hospitals to
home-based care and virtual care services CommonSpirit is
accessible to nearly one out of every four U.S. residents. Our
world needs compassion like never before. Our communities need
caring and our families need protection. With our combined
resources CommonSpirit is committed to building healthy communities
advocating for those who are poor and vulnerable and innovating how
and where healing can happen both inside our hospitals and out in
the community.This job is responsible for leading the operational
Finance function for the assigned Virginia Mason Franciscan Health
entities, including driving disciplined performance management (as
a business partner with the Chief Executive and/or Operating
Officer), creating critical financial analytics and performance
management capability, overseeing Center of Excellence (COE)
implementation and progress, and formulating enterprise
service-line strategy, as well as other supervisory duties as
assigned by CEO as relates to MBO
management.ResponsibilitiesESSENTIAL JOB FUNCTIONS: - The following
section contains representative examples of job duties that might
be performed in positions allocated to this job class. - Virginia
Mason Franciscan Health is a dynamic organization, and the
environment can be fluid. - Roles and responsibilities may be
altered to accommodate changing business conditions and objectives
as well as to tap into the skills and experience of its employees.
- Accordingly, employees may be asked to perform duties that are
outside the specific work that is listed. - It is not required that
any position perform all duties listed, so long as primary
responsibilities are consistent with the work as described. -
Performance standards developed for incumbents allocated to this
job class may also contain relevant job content information and are
referenced hereto.FINANCIAL PERFORMANCE MANAGEMENT
- Presents an integrated performance metrics dashboard at senior
level and facilitates regular discussions to drive action
planning.
- Evaluates enterprise adherence to budget.
- Leads the assessment of the financial impact from key
operational changes.
- Convenes regular (e.g. quarterly) reviews of performance
results with MBO leaders.FINANCIAL ANALYTICS
- Works with the Financial Analytics group responsible for
providing service-line financial analytics.
- Works closely with strategic planning group to provide input
and to align on plans to operationalize strategy.
- Works with DSS systems to ensure adequate access and
performance.CLINICAL AND OPERATIONAL EXCELLENCE PERFORMANCE
MANAGEMENT
- Collaborates with national, division and MBO executives to
identify and resolve barriers to improve operating performance.MBO
SERVICE LINE FINANCE
- Participates in the formulation of MBO strategy for service
lines with other MBO leaders.
- Reports financial operations to MBO Board of Directors.
- Works with other senior leaders to formulate policy/strategy
and manage MBO operations.Performs related duties as
required.QualificationsMINIMUM JOB QUALIFICATIONS: - The following
section contains representative examples of competencies and job
qualifications directly related to successful performance in the
position. - The categories are broad, reflecting minimum
requirements. - It is not intended to be an exhaustive list of all
possible requirements nor does it include general competencies,
expectations and/or skills that are universally applicable to the
work, but are not critical for recruitment purposes or to overall
job performance. - Education/Work Experience RequirementsMaster's
degree in Finance, Business Administration or related discipline
and seven years of work experience in the discipline, including
five years leadership/management experience.Job
Knowledge/Abilities:
-
- Knowledge of the content, intent and application of
regulations, policies, standards, operations, and requirements
applicable to the business function(s) under designated scope of
authority.
- Knowledge of the principles, practices, regulatory requirements
and Virginia Mason policies applicable to budget administration,
resource/expense control, employee supervision and performance
management.
- Knowledge of the principles and practices of strategic business
planning and continuous process/performance improvement.
- Knowledge of the healthcare industry in general, and of the
vision, values, strategies, objectives, policies and systems of the
organization.
- Knowledge of the concepts, practices and tools relating to
statistical analysis and the development of program metrics.
- Ability to understand financial and/or operational reports,
analyze data, identify improvement opportunities and implement
effective responses.
- Ability to collaboratively redesign work processes to affect
labor, supply, and other operational cost reductions while
maintaining or improving service and quality of end products.
- Ability to plan, manage and evaluate the work of subordinate
staff.
- Ability to understand financial and/or operational reports,
analyze data, identify improvement opportunities and implement
effective responses.
- Ability to keep abreast of current and changing laws and
regulatory standards and their impact on operations and
activities.
- Ability to define problems, collect data, establish facts,
interpret requirements and draw valid conclusions.
- Ability to express ideas and convey information effectively in
verbal and written communication, and in presentations to
leadership/management.
- Ability to develop and implement effective policies, standards
and procedures relating to matters under defined scope of
responsibility.
- Ability to identify compliance deficiencies and/or systemic
weaknesses and implement timely corrective action to forestall or
remedy.
- Ability to establish and maintain effective working relations
as required by the duties of the position.
- Ability to use office equipment and automated
systems/applications/software at an acceptable level of
proficiency.
Keywords: CommonSpirit Health, Tacoma , Market Vice President Operational Finance, Executive , Tacoma, Washington
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