VP of Finance
Company: Healthcare/Hospitals/Clinics, Kalamazoo, MI
Posted on: February 15, 2019
What You Will Do
As an Associate with Company, you will have the opportunity to lead and oversee financial activities, policies, procedures and practices for ministry market.
You will: Lead and oversee financial planning, policies, procedures and practices for regional market. Serve as a liaison on financial matters among Board of Directors, executive leadership, and management. Ensure that all financial needs are met and that Finance MWF services focus on the execution of regional strategies through communication and coordination with other leaders. Summarize trends (volume, revenue, expense, labor utilization, general business conditions, revenue cycle and other related areas) to focus leadership of issues and remediation opportunities. Develop and oversee maintenance of a continuous five-year comprehensive capital planning and execution process. Collaborate with executive leadership and the Strategy division to direct development of regional ISOFP and capital plans. Contribute financial expertise, based on financial, accounting, and industry trends, in the planning of new services that generate additional sources of profitable revenue. Create timely and accurate reporting and dissemination of financial information for Borgess Health leadership and Board. Develop financial systems that measure the operating performance of all system ventures as well as their return on investments. Assist the organization in developing a well-conceived Integrated Strategic and Financial Plan (ISFP) that integrates capital and operating budgets. This plan will be consistent with Borgess Health strategic plan, addressing issues regarding physician integrating, continuum development, risk contracting, strategic partnerships, investment management, future capital needs and overall financial performance. Conduct financial feasibility studies for new ventures and provide information to marketing in order to support pricing strategies. Be responsible for the Borgess Medical Center revenue cycle, including preauthorization, billing, collections, denial management, and other systems to insure accurate and timely billing and collection of payment for services provided. Recommend an investment policy and monitor investment performance of the Borgess foundation assets. Continually educate key leaders, providing them with real-time data and financial information that assists with more timely adjustments to operations. Serve on the behalf of, and represent Borgess on joint ventures such as the cancer center, the medical education program, the air medical transport service and others as requested. The above is intended to describe the general content of and requirements for the performance of this job. It is not construed to be an exhaustive statement of duties, responsibilities or requirements. What You Will Need
Education: Bachelor's Level Degree. Masters degree or equivalent experience preferred. Work Experience: Ten years of financial experience required. Fifteen years financial experience preferred. Five years of leadership and management experience preferred.
Keywords: Healthcare/Hospitals/Clinics, Kalamazoo, MI, Kalamazoo , VP of Finance, Executive , Kalamazoo, Michigan
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