Vice President, Chief Financial Officer, Service Lines

Sutter Health•Sacramento, CA

13d

About The Position

The Vice President, Chief Financial Officer (CFO), Service Line has overall responsibility for the finance operations of all Sutter Health Service Lines and oversight of the centralized business case function. The role leads monthly close, forecasting, budgeting, performance management, capital management, cost accounting, and business case development, including standard processes and models. The CFO ensures cost-effective services for communities within the division, provides authority and accountability for Service Line administration and long-term planning, directs adherence to system-level standards, and maintains effective employee, medical staff, community, and Board relations. The position provides executive oversight of financial performance and planning while partnering with clinical and operational leaders to advance quality, safety, access, service, patient experience, growth, and integrated care. It also supports strategy execution, service-line growth, system integration, community and external relationships, and the development of a diverse, high-performing leadership and finance team. The role requires residence within Sutter Health’s Northern California footprint and the ability to travel throughout it. This is a regular, exempt, full-time position with a day schedule, Monday through Friday, 40 hours per week; weekend work is as needed. The annual pay range is $402,200 to $544,200, with starting salary determined by multiple factors and work location. Eligible positions include a comprehensive benefits package.

Requirements

Bachelor’s degree in business, finance, accounting, or a related field.
Approximately 10 or more years of progressive healthcare leadership experience spanning financial management, operations, and performance improvement in a complex healthcare environment.
Experience working in multi-entity, managed care, and integrated healthcare delivery environments.
Demonstrated experience supporting healthcare organizations’ financial viability and operational performance through data-driven analysis and decision-making.
Experience developing and leading teams in a complex, evolving healthcare environment.
Demonstrated success partnering with physicians, senior executives, boards, and other key stakeholders.
Strong understanding of integrated healthcare delivery systems and healthcare financial relationships, including physician and facility economics, managed care, and capitated environments.
Strong knowledge of GAAP, healthcare finance, budgeting, forecasting, and cost management.
Working knowledge of healthcare regulatory, compliance, and accreditation requirements.
Broad understanding of healthcare operations, strategic planning, physician relationships, patient care, and workforce management.
Proven ability to lead organizational transformation, operational improvement, and financial performance initiatives.
Strong strategic thinking, analytical ability, and business judgment, including the ability to turn complex information into clear decisions and action.
Strong executive communication, presentation, and relationship-building skills, with ability to influence across organizational boundaries.
Demonstrated ability to build trust and credibility with physicians, executives, employees, and community stakeholders.
Ability to lead through change, ambiguity, and competing priorities.
Residence within the Sutter Health footprint of Northern California and ability to travel throughout it.

Nice To Haves

Master’s degree in business, healthcare administration, hospital administration, or a related field.
Certified Public Accountant (CPA) designation.
Experience with Lean or other continuous improvement methodologies.

Responsibilities

Oversee finance operations for all Service Lines and the centralized business case function.
Lead monthly close, forecasting, budgeting, performance management, capital management, cost accounting, and business case development.
Ensure cost-effective services and provide direction, accountability, and long-term planning for the Service Lines.
Lead foundation operations to achieve quality, safety, access, service, and patient-experience standards.
Partner with market dyad leaders, medical staff, and clinical and operational leaders to improve performance and integrated care.
Establish and monitor key performance measures, identify opportunities, and take corrective action as needed.
Champion continuous improvement using data and performance insights to improve quality, efficiency, and outcomes.
Ensure safeguards for patient safety, emergency preparedness, quality improvement, and risk management; maintain compliance with regulatory, licensing, and accreditation requirements.
Advance Sutter Health standards, policies, and practices for consistent, high-quality care.
Provide executive oversight of financial performance and responsible resource management aligned with organizational goals.
Lead annual operating and capital budgeting, quarterly forecasting, and long-range financial planning.
Monitor financial performance against targets and drive corrective action when needed.
Maintain effective financial controls and ensure financial reporting complies with GAAP.
Develop and evaluate business cases for strategic growth and significant capital investments.
Balance financial performance with quality, access, and growth priorities in partnership with operational and clinical leaders.
Help shape and execute strategic direction and translate plans into measurable operational priorities.
Lead and support business development, service-line growth, and market integration opportunities.
Develop business plans for sustainable growth, including service-line and center-of-excellence expansion.
Identify and evaluate emerging healthcare and market opportunities for strategic, operational, and financial potential.
Provide strategy and performance updates to senior leadership, the Board, medical staff, and other stakeholders.
Strengthen integration between the foundation, market, and Sutter Health system through partnership with market dyad leaders and system functions.
Build relationships across clinical, operational, and administrative teams; champion systemwide integration and standardization.
Identify opportunities to expand and coordinate services across the market and foster collaborative relationships with physicians and organized medical staff.
Represent Sutter Health and strengthen relationships with community, business, and government partners.
Develop working relationships with local, state, and federal stakeholders as appropriate and participate in community and professional organizations.
Build, develop, and retain a diverse, high-performing leadership and finance team.
Create a culture of accountability, collaboration, continuous improvement, and professional growth.
Coach and mentor leaders; support succession planning, career development, talent reviews, and leadership development.
Model trust, credibility, and collaboration across the integrated healthcare system.