VP Finance -Reynolds & Wetzel

VP Finance -Reynolds & Wetzel

22 Oct 2024
West Virginia, Glendale 00000 Glendale USA

VP Finance -Reynolds & Wetzel

Vacancy expired!

The


VP of Finance has direct responsibility for the planning, coordination, and


direction of financial activities of Reynolds Memorial Hospital (RMH) and


Wetzel County Hospital (WCH) and related subsidiaries/affiliates.


Participates in the financial and functional decision-making processes for


the successful attainment of the operational and strategic goals and


objectives of assigned entities. Maintains an awareness of changes in the


healthcare regulatory environment that could have an impact on the success of


the System or its member hospitals and assists with development of strategies


to effectively manage through the changes.



The


VP of Finance will work with other Finance VPs and leaders from across the


System to coordinate efforts within specified functional areas. The primary


objectives of these efforts varies among the different functional areas but


can include achieving consistency in policies and processes, streamlining


processes to gain efficiencies and improve margins, and facilitate


communication both within the finance team and with leadership of other


divisions.



MINIMUM QUALIFICATIONS:
EDUCATION, CERTIFICATION, AND/OR LICENSURE:

1.



Bachelors degree in


accounting, finance, or business administration.



EXPERIENCE:

1.



At


least eight years health care finance experience.



2.



Financial


management and supervisory experience in a health care setting.



PREFERRED QUALIFICATIONS:
EDUCATION, CERTIFICATION, AND/OR LICENSURE:

1.



Masters degree in accounting,


finance, business administration, or


healthcare administration



2.



CPA certification.



EXPERIENCE:

1.



Financial


management in a hospital and/or a health care system environment.



CORE


DUTIES AND RESPONSIBILITIES: The


statements described here are intended to describe the general nature of work


being performed by people assigned to this position. They are not


intended to be constructed as an all-inclusive list of all responsibilities


and duties. Other duties may be assigned.



1.



Responsible for the planning,


coordination, and direction of financial activities of the hospitals and


related subsidiaries/affiliates.



2.



Monitors the financial performance


and financial position of assigned entities to identify variances and key


trends that could affect the entitys and/or Systems financial viability.


Reviews key financial and utilization information with VP of Finance, WVUHS


and others as needed in order to facilitate timely operating adjustments when


necessary.



3.



Establishes and maintains


centralized administrative and financial policies for functional areas of


responsibility where appropriate to standardize and provide consistency among


System entities.



4.



Works with other Finance VPs and


leaders from across the System to coordinate efforts within specified


functional areas. The primary objectives of these efforts varies among the


different functional areas but can include achieving consistency in policies


and processes, streamlining processes to gain efficiencies and improve


margins, and facilitate communication both within the finance team and with


leadership of other divisions.



5.



Coordinates reporting of the


financial performance and financial position of assigned entities to their


respective Finance Committees and Boards of Directors.


Direct responsibility for the RMH


and WCH Finance Committees.



6.



Responsible for long range strategic


planning for assigned entities, including identification and assessment of


growth opportunities, process improvements, margin enhancements, and resource


deployment.



7.



Assists with annual update of long


range financial forecast for assigned entities in order to assess system-wide


capital requirements, debt capacity, and cash planning.



8.



Assists with coordination of annual


external financial statement audits of assigned entities within WVUHS.


Assists with corrective action plans regarding management letter and other


recommendations for improving and/or correcting deficiencies in accounting


system control procedures.



9.



Responsible for the completion of


annual operating and capital budgets for assigned entities within the


established WVUHS budget guidelines and parameters.



10.



Establishes relations with banks and


other financial institutions to maximize return on short-term cash and


effectiveness of cash management activities.



11.



Maintains an awareness of changes in


the healthcare regulatory environment that could have an impact on the


success of the System or its member hospitals and develops strategies to


effectively manage through the changes.



12.



Demonstrates strategic thinking and


effectiveness by identifying future needs and problem areas, developing


workable solutions, and following through to action. Works collaboratively


with System staff and senior management teams of assigned entities by providing


assistance related to financial matters.



13.



Maintains personal development


program to improve professional and business skills necessary for high level


performance within the position. Attends meetings and seminars to maintain


knowledge of current trends and developments in the field and applies


information obtained within assigned entities and the System as appropriate.



14.



Other duties as assigned.



PHYSICAL


REQUIREMENTS: The


physical demands described here are representative of those that must be met


by an employee to successfully perform the essential functions of this job.


Reasonable accommodations may be made to enable individuals with disabilities


to perform the essential functions.



1.



Office work which includes sitting


for extended periods of time.



WORKING


ENVIRONMENT: The work


environment characteristics described here are representative of those an


employee encounters while performing the essential functions of this job.


Reasonable accommodations may be made to enable individuals with disabilities


to perform the essential functions.



1.



Office work which includes sitting


for extended periods of time.



2.



Travel between facilities/buildings


and throughout the region.



SKILLS



AND ABILITIES:

1.



Strong collaboration, teambuilding,


and consensus building skills required.



2.



Demonstrated leadership skills and


the ability to provide constructive feedback to team members to support


continuous improvement.



3.



High-level problem


identification/mitigation/resolution skills.



4.



Computer skills including Microsoft


Office (Excel, Word, Powerpoint). Working knowledge


of accounting information systems. Ability to adapt and quickly learn other


computer applications as required.



5.



Ability to work with and maintain


confidential information.



Date


Reviewed/Revised: September 2020

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