Vice President, Finance - Central & South Region (Normal)

Overview

The Vice President, Finance - Central & South Region, oversees all finance related activities for Carle Health’s Central and South Regions, which includes Carle BroMenn Medical Center, Carle Eureka Hospital, Carle Richland Memorial Hospital, the surrounding medical groups and a variety of special business units.

This position monitors and manages all financial operations while identifying opportunities for improvement for Carle Health's Central and South Regions, ensuring the distribution of all the management, financial, accounting and budget reports to Regional Leadership. This includes assertive management of expenses while leading improvements in overall financial performance of the regions with responsibility for the financial health.

In collaboration with Carle Health system support and the regional Presidents, provides leadership to the strategic and financial planning process for Carle Health's Central and South Regions, with the fundamental purpose to achieve operating margin improvement through profitable geographic expansion, service development and enhancement, acquisitions, diversification and potentially divestment of unprofitable services.


Qualifications

Certifications:

• N/A

Education:

• Bachelor's Degree: Finance or
• Master's Degree: Related Field (preferred)

Work Experience:

• Healthcare Finance - 10 years
• Related Leadership - 5 years
• Critical Access Hospital Knowledge

Specialized Knowledge:

• Communication Skills
• Ability to respond appropriately to customer/co-worker
• Ability to interact with a wide variety of people
• Ability to communicate only the facts to recipients or to decline to reveal information
• Ability to project a professional, friendly, helpful demeanor
• Basic computer knowledge - word processing, spreadsheet, email, web browser, ERP
• Ability to use healthcare specific tools like Epic, PowerBI and others.

Salary : $185,000 - $300,000


Responsibilities

• Lead and manage the monitoring of the region's progress against annual operating budgets.
• Continuously analyze financial performance, operations, policies, systems and procedures
• Ensure efficient and effective regional performance.
• Serves as a strategic thought leader to the regional leadership team
• Provides support, direction and advice.

• Works closely with the team regarding business related planning and problem solving for the regions.
• Provides organizational leadership for customer service performance and incentives.
• Works with the Regional Presidents to support the decision making and understanding of regional operations.
• Investigate and maintain a current knowledge of all applicable regulations and standards
• Ensure compliance with institutional rules and regulations including understanding of Critical Access Hospitals and Rural Health Clinics.

• Prepare, implement and monitor an annual operating budget for the regions
• Encompasses all funding sources and ensure compliance with institutional rules and regulations.
• Develops, prepares and delivers regional board level reports and presentations.
• Understand and forecast regional areas revenue and expense streams.
• In partnership with the regional Presidents, leads in the improvements of revenue growth, expense reduction and overall financial performance of Carle Health’s Central and South regions

• Monitors financial operations and identifies opportunities for improvement.
• Oversees the production and distribution of all the management, financial, accounting and budget reports
• Collaborates with leadership to develop effective strategies and plans for key service lines
• Achieve volume growth and improvements in operating margin
• Develops business plans in collaboration with system leadership and system planning processes for regional subsidiaries which support the overall strategic direction of the regions and yields synergistic benefits to Carle Health
• Collaborates and supports the annual cost reporting process with knowledge and understanding of the nuances of both acute care hospitals, critical access hospitals and rural health clinics.

About Us

Find it here.

Discover the job, the career, the purpose you were meant for. At Carle Health, we're committed to fostering a workplace where every team member feels valued, respected and empowered, where passion and purpose come together to positively impact the lives of our patients and our communities. Find it all at Carle Health.

Our nearly 17,000 team members and providers work together to support patient care across central and southeastern Illinois. We’ve grown to include eight, award-winning hospitals and a multispecialty provider group with more than 1,500 doctors and advanced practice providers. We’re developing the next generation of providers and healthcare professionals through Carle Illinois College of Medicine, the world’s first engineering-based medical school, and Methodist College. Carle BroMenn Medical Center, Carle Foundation Hospital, Carle Health Methodist Hospital, Carle Health Proctor Hospital, Carle Health Pekin Hospital, and Carle Hoopeston Regional Health Center hold Magnet® designations, the nation’s highest honor for nursing care. We offer opportunities in several communities throughout central Illinois with potential for growth and life-long careers at Carle Health.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. Carle Health participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization. | For more information: [email protected].


Compensation and Benefits

The compensation range for this position is $0per hour - $0per hour. This represents a good faith minimum and maximum range for the role at the time of posting by Carle Health. The actual compensation offered a candidate will be dependent on a variety of factors including, but not limited to, the candidate’s experience, qualifications, location, training, licenses, shifts worked and compensation model. Carle Health offers a comprehensive benefits package for team members and providers. To learn more visit careers.carlehealth.org/benefits.