Peaks Region Finance VP

Intermountain Health
•$364,350 - $420,000•Onsite

About The Position

The Region VP of Finance directs the sound financial management of the Peaks Region through planning, analysis, coordination, reporting, and monitoring. The role works closely with regional operations and clinical leaders and related entities to coordinate financial operations. The VP partners with enterprise and regional leaders to enhance performance, translate system objectives into regional priorities, and support financial and strategic success. In coordination with System leadership, the VP establishes Finance function standards for performance, deliverables, and resources; jointly leads monthly and quarterly operating and business reviews with Operations leadership; and works with the regional leadership team and enterprise and System Finance leaders to develop the region’s long-term financial strategy. The role coordinates financial projections, evaluates the financial impact of strategies, and oversees the region’s annual plan and efforts to meet operating targets and improve efficiency. The VP prepares or reviews financial analyses for feasibility studies, new programs, cost analyses, contracts, and other ventures, and makes recommendations to leadership. The role supervises, coaches, and mentors finance staff; develops plans to manage variances to plan; advises on capital projects to support accuracy, policy compliance, and return-on-investment goals; and may participate in merger, acquisition, and divestiture activities. The VP also partners with regional leaders on strategy, business development, operations, growth, and sustainability.

Requirements

  • Master’s degree in finance, business/healthcare administration, or a related field from an accredited institution; education is verified.
  • Demonstrated progressive experience in financial management, planning, and analysis in a large and complex healthcare organization.
  • Extensive experience developing and leading a successful finance team.
  • Physically reside in the designated region.
  • Skills in financial analysis, finance strategy, accounting principles, leadership, change management, analytical thinking, healthcare regulatory requirements, non-profit healthcare, finance technologies, and problem solving.

Responsibilities

  • Establish standards for performance, deliverables, and resources within the regional Finance function in coordination with System leadership.
  • Jointly lead monthly and quarterly operating and business reviews with Operations leadership.
  • Align the regional leadership team with enterprise Finance leaders and System Finance in developing the region’s long-term financial strategy.
  • Coordinate financial projections reflecting the region’s long-term plans, and review strategies to determine their financial impact.
  • Oversee preparation of the region’s annual plan and work with operations, finance, and other leaders to achieve operating targets and improve efficiency.
  • Prepare or review financial analyses for feasibility studies, new programs, cost analyses, contracts, and other ventures, and make recommendations to leadership.
  • Directly supervise, coach, and mentor staff involved in the financial process, removing barriers to productivity and effectiveness.
  • Work with system, regional, and operations leadership to develop and implement plans for managing variances to plan, including revenue, labor, supplies, and other expenses.
  • Consult with and direct Operations in formulating capital projects to ensure accuracy, compliance with System policies, and achievement of return-on-investment goals.
  • Participate in merger, acquisition, and divestiture activities as necessary.
  • Partner with key regional leaders on strategy, business development, and operations for growth and sustainability.

Benefits

  • Eligible to participate in the Annual Pay for Performance (AP4P) Plan, with awards based on attainment of selected Board-approved goals.
  • A benefits package covering programs intended to support wellness and healthy, happy, secure, connected, and engaged living.
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