VP of Finance - FT

  • Hrhs
  • Hutchinson Regional Medical Center
  • 5mo ago
  • Full-Time
  • On-site
Oversees multiple finance and accounting functions in the organization.

Essential Responsibilities:

Responsibilities listed in this section are core to the position. Inability to perform these responsibilities with or without an accommodation may result in disqualification from the position.

  • Establishes internal controls for monitoring assets, capital investments, controlling costs, and measuring liquidity.
  • Serves as a liaison with senior leadership from accounting on matters of monthly, quarterly, and year-end financial statements.
  • Summarizes the financial status of the organization; interprets asset ratios, break-even analysis reports, operating costs, and other metrics used in measuring fiscal stability.
  • Communicates with operations, marketing, HR, IT, and other departments on matters of budget approval and ROI for specific projects.
  • Prepares for audits and makes certain that financial reporting is completed properly, and that all documentation follows applicable regulations (including GAAP, FASB, or SEC mandates).
  • Ensure all financial reporting complies with Kansas state regulations, federal laws, and HRHS policies.
  • Ensure all activities comply with HRHS policies and procedures, as well as applicable laws and regulations.
  • Stay informed about changes in Kansas healthcare reimbursement models and regulatory environments.
  • Oversee the development and maintenance of financial models and tools to support budgeting, forecasting, and strategic planning.
  • Oversee the work related to optimizing company resources and measuring the financial health of the organization.
  • Provide in-depth financial analysis, including budget-to-actual variance analysis, service line profitability, and capital project ROI calculations.
  • Identify trends, variances, and opportunities for financial and operational improvement.
  • Act in accordance with the established mission, vision, and values.
  • Abide by the Health Insurance Portability and Accountability privacy and security regulations regarding all aspects of Protected Health Information (PHI).
  • Maintain effective communication and professional working relationships with patients/clients and their representatives, team members, contractors, physicians, peers, outside agencies, and the public.

General Responsibilities:

  • Perform other duties as assigned.

People Management Responsibilities:

Does this position have people management responsibilities?: 

x Yes ☐No

“Yes” indicates that this position entails overseeing and guiding team members, encompassing employment decisions and/or suggestions, as well as conducting formal performance assessments.

"No" indicates that this position does not involve managing team members.

Minimum Qualifications:

Required Education and Experience

  • Bachelor’s degree in business, finance, accounting or related field
  • 10+ years of experience in financial decision support or related roles
  • Experience with Kansas healthcare systems or familiarity with Kansas-specific financial regulations.

Required License/Certifications/Registrations

  • none

Preferred Qualifications:

Preferred Education and Experience

  • Master’s degree in Business Administration, Finance, Accounting or related field.
  • Healthcare industry experience.

Preferred License/Certifications/Registrations

  • Professional certification (e.g., CPA, CMA)

Knowledge, Skills, and Abilities:

  • Advanced proficiency in financial modeling, cost accounting, and statistical analysis.
  • Skilled in leveraging technology for financial reporting, automation, and business intelligence.
  • Strong communication skills, with the ability to present complex data effectively to leadership teams.
  • Ability to translate complex financial data into actionable insights for decision-making.
  • Proven leadership and mentorship abilities, fostering collaboration and innovation.
  • Strong analytical and problem-solving skills
  • Familiarity with The Joint Commission (TJC) standards as they relate to Finance

Physical Requirements:

With or without accommodation.

  • Light Work: Occasionally exerting up to 25 lbs - frequently exerting up to 10 lbs. 11-25% of the day may be standing or walking.

We offer competitive pay, a generous benefit package and a reason to be proud of what you do, every day.