Region VP Finance, Northwest

CommonSpirit Health • Tacoma, WA

2d

About The Position

Virginia Mason Franciscan Health has a rich history of providing exceptional healthcare, dating back to 1891. Building upon a legacy of compassionate care and innovation, our organization has evolved over the years through strategic partnerships and integrations to expand our reach and services across the Puget Sound area. Today, as Virginia Mason Franciscan Health, we remain deeply committed to healing the whole person – body, mind, and spirit – in the communities we serve. This commitment is strengthened by the diverse expertise and shared values brought together through our growth. Our dedicated providers offer a full spectrum of health care services, from routine wellness to complex disease management, all grounded in rigorous research and education. Our comprehensive network of 10 hospitals and nearly 300 care sites strategically located across the greater Puget Sound region reflects our ongoing commitment to accessibility and comprehensive care. We are proud of our pioneering medical advances and numerous awards and accreditations that reflect our dedication to excellence. When you join Virginia Mason Franciscan Health, you become part of a team that delivers top-quality, professional healthcare in modern, well-equipped facilities, and contributes to a legacy of service built on collaboration and shared purpose. This job is responsible for planning, directing and controlling the work of the financial services staff in collecting, summarizing and interpreting financial data for the use of management, creditors, and taxing authorities. An incumbent directs budget, cost controls and accounting practices for CHI-Franciscan Health (CHI-FH). As a key member of the finance management team, helps develop forecasts for proposed projects of the organization, measures actual performance against operating plans and standards and interprets the results of operations for all levels of management. Work also includes ensuring effectiveness of current accounting systems in maintaining internal controls, complying with all regulatory guidelines, and safeguarding the organization's assets while effectively allowing for timely and accurate reporting of financial information. Continually seeks to identify opportunities to reduce costs or increase revenues in all areas within the organization.

Requirements

• Master’s degree in Finance, Accounting, Business Administration, or other related field.
• Seven (7) years of progressively responsible related work experience, that demonstrates attainment of the requisite job knowledge/abilities, including five (5) years of management/leadership work experience.

Nice To Haves

• Certified Public Accountant: WA (CPA:WA) preferred.

Responsibilities

• Operational accountability to include; 1) developing, implementing and integrating financial systems/functions including general ledger, decision support and accounts payable to facilitate timely and accurate settlement and recording of daily and monthly transactions in the appropriate level of detail to meet reporting analysis requirements., 2) Oversees cash management, tax reporting and budgetary and productivity variance monitoring/reporting in order to protect CHI-FH assets/interests and to make sure financial reporting and accounting matters are in accordance with CHI-FH guidelines; Oversees, reviews and approves all accounting transactions and accounting treatment to ensure compliance with GAAP.
• Collaborates, with CHI-FH management/leadership, in the company-wide evaluation of policies and to determine the need for change to accommodate shifting business priorities, conditions and objectives, and to facilitate overall standardization, integration and operational continuity.
• Determines resources needed to accomplish the performance objectives of the functional area and oversees activities and resources in a manner that is fiscally responsible and in accordance with CHI-FH policies and standards; prepares annual operating budget, exercising effective cost control by monitoring and adjusting expenses as needed to stay within budget; approves expenditures within defined scope of responsibility; identifies negative variances and develops action plans to document, address and effectively resolve in a timely manner; keeps Vice President apprised of all issues with potential for budgetary impact.
• Develops, implements, monitors and evaluates systems/initiatives/programs impacting the entire organization to facilitate performance/process improvements in keeping with strategic objectives and regulatory requirements; conducts ongoing assessment of the strengths and weaknesses of the assigned function(s) to better understand/identify future needs and challenges; evaluates existing systems/program/priorities and future potential to make recommendations for performance/process improvement initiatives; develops/presents comprehensive recommendations regarding the viability of specific projects and plans/directs process improvement initiatives/projects to ensure achievement of business objectives.
• Plans, directs and evaluates the work of management/professional staff in accordance with the content, spirit and intent of applicable internal/external regulations and standards for human resource management; ensures adequate staffing levels for appropriate coverage to meet budgetary and operational objectives; ensures that employees are qualified and properly trained to perform assigned job duties; holds regular staff meetings and keeps employees appraised of all matters relevant to successful job performance; makes employment decisions, establishes performance standards and evaluates employee performance; educates, guides, counsels and develops staff and addresses performance management concerns and technical issues elevated by subordinates as beyond their scope of authority.
• Ensures full compliance with internal/external legal and regulatory standards and requirements, and effective control procedures are in place and fully functioning to preclude improprieties from occurring; monitors the effectiveness of current practices in meeting expectations and producing desired results. Keeps abreast of changing regulatory requirements/regulation, professional standards and competitive industry practices impacting assigned functions, as well as organizational initiatives/changes with potential to impact current strategies, programs and resources; determines nature/scope of impact on existing activities and determines effective response/solution while maintaining acceptable service levels and work quality.
• Directs the development, implementation and evaluation of new/revised standards, policies, procedures, guidelines, training materials and/or general communications in support of assigned functional area to ensure consistency with the philosophy/values of the organization and compliance with applicable regulatory/accreditation requirements; ensures that all functional activities are fully documented in accordance with the standards and practices of the organization; ensures that employees understand and apply internal guidelines appropriately.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees