Vice President, Chief Financial Officer, Service Lines

Sutter Health•Sacramento, CA

14d•$402,200 - $544,200

About The Position

The Vice President, Chief Financial Officer (CFO), Service Line has overall responsibility for finance operations across Sutter Health’s Service Lines and oversight of the centralized business case function. The role includes monthly close, forecasting, budgeting, performance management, capital management, cost accounting, and development of business cases using standard processes and models. The CFO ensures cost-effective services for the communities served, provides authority and accountability for Service Line administration and long-term planning, guides adherence to system-level standards, and maintains effective employee, medical staff, community, and Board relations. The role provides executive oversight of financial performance and planning while partnering with clinical, operational, physician, market and system leaders. It supports operational and clinical excellence, strategic growth, system integration, community relationships, and the development of a high-performing finance and leadership team. The position requires residence within Sutter Health’s Northern California footprint and travel throughout that region.

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.
Ability to lead organizational transformation, operational improvement and financial performance initiatives.
Strategic thinking, analytical and business judgment, including the ability to turn complex information into clear decisions and action.
Strong executive communication, presentation and relationship-building skills, with the ability to influence across organizational boundaries.
Ability to build trust and credibility with physicians, executives, employees and community stakeholders.
Ability to lead through change, ambiguity and competing priorities.
Must reside within the Sutter Health footprint of Northern California and be able to travel throughout.

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

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 advance integrated care.
Establish and monitor performance measures, identify improvement 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 and advance Sutter Health standards and practices.
Oversee foundation financial performance and manage resources in alignment with organizational goals.
Lead annual operating and capital budgets, quarterly forecasts and long-range financial planning.
Monitor financial performance against targets and drive corrective action when needed.
Maintain effective financial controls and ensure reporting complies with GAAP.
Develop and evaluate business cases for strategic growth opportunities and significant capital investments.
Partner with clinical and operational leaders to balance financial performance with quality, access and growth priorities.
Help shape and execute the foundation’s strategic direction in alignment with market and Sutter Health priorities.
Translate strategic plans into measurable operational priorities and monitor progress.
Lead and support business development, service-line growth and market integration opportunities.
Develop business plans for sustainable growth, including service-line and centers-of-excellence expansion.
Identify emerging healthcare and market opportunities and evaluate their strategic, operational and financial potential.
Provide strategy and performance updates to senior leadership, the Board, medical staff and other stakeholders.
Strengthen integration among the foundation, market and broader Sutter Health system in partnership with market dyad leaders and system functions.
Build productive relationships across clinical, operational and administrative teams and champion systemwide integration and standardization.
Identify opportunities to expand and coordinate services across the market.
Foster collaborative relationships with physicians and the 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.
Participate in community and professional organizations and other activities that strengthen awareness of Sutter Health and its services.
Build, develop and retain a diverse, high-performing leadership and finance team.
Create an environment of accountability, collaboration, continuous improvement and professional growth.
Coach and mentor leaders, support succession planning and career development, and lead talent reviews and development planning.
Model trust, credibility and collaboration across the healthcare system.