Vice President-Controller

IU HealthIndianapolis, IN

About The Position

The Vice President – Controller provides leadership and direction on system-wide strategic financial initiatives and operations. The Controller leads and directs financial reporting and analysis, expense management, and operational improvement. This leader collaborates with senior leadership to evaluate and develop internal and external strategic partnerships in alignment with organizational goals. This Controller identifies, analyzes, and implements innovative, cost-effective delivery of care alternatives. The individual in this role prepares the annual operating, capital, and strategic budgets in coordination with operational leadership and senior financial leadership, as well as oversight of the Long-Range Financial planning and processes associated. This leader works collaboratively across the organization to drive financial improvement of the business through the oversight and coordination of the business unit CFO team. The Controller helps focus the system and business units on achieving measurable financial results while driving profitable growth. This leader represents the financial results for the system and the board and has the responsibility of ensuring the financial leaders are effectively working as a team on the top financial priorities. This position is responsible for the oversight of the Chief Accountant who establishes and maintains the organization's accounting principles, practices and procedures for the maintenance of its fiscal records and the preparation of its financial reports. This role will work closely with and will guide the CFOs and Chief Accountant in forging a closely aligned team across the system focusing on material impacts, and important financial strategies. The Controller appraises operating results in terms of costs, budgets, operating policies, trends, and increased profit opportunities. This leader supports both the organization's budgeting and long-term planning process and works closely with the Treasury team as well as the Revenue Cycle team. The Controller works closely with these two teams to support operational leaders regarding financial result drivers and course corrections, as appropriate. This leader maintains a high-performing organization through continual process improvement, adoption of appropriate best practices, and development and oversight of a strong management team. This position is responsible for accounting, tax, audit, payroll, accounts payable, planning, and budgeting.

Requirements

  • Bachelor's Degree is required.
  • Requires 10+ years of relevant experience.
  • Requires experience working with and presenting complex data analytics.
  • Requires experience leading and implementing large scale process improvement initiatives that drive measurable business results.
  • Requires experience successfully leading in a complex matrix environment.
  • Requires knowledge of applicable Federal, State, and Local regulatory agency guidelines and laws.

Nice To Haves

  • Master's or CPA is strongly preferred.

Responsibilities

  • Provides leadership and direction on system-wide strategic financial initiatives and operations.
  • Leads and directs financial reporting and analysis, expense management, and operational improvement.
  • Collaborates with senior leadership to evaluate and develop internal and external strategic partnerships.
  • Identifies, analyzes, and implements innovative, cost-effective delivery of care alternatives.
  • Prepares the annual operating, capital, and strategic budgets in coordination with operational leadership and senior financial leadership.
  • Oversees Long-Range Financial planning and associated processes.
  • Works collaboratively across the organization to drive financial improvement through oversight and coordination of the business unit CFO team.
  • Focuses the system and business units on achieving measurable financial results while driving profitable growth.
  • Represents the financial results for the system and the board.
  • Ensures financial leaders are effectively working as a team on top financial priorities.
  • Oversees the Chief Accountant who establishes and maintains the organization's accounting principles, practices and procedures for the maintenance of its fiscal records and the preparation of its financial reports.
  • Works closely with and guides the CFOs and Chief Accountant in forging a closely aligned team across the system focusing on material impacts and important financial strategies.
  • Appraises operating results in terms of costs, budgets, operating policies, trends, and increased profit opportunities.
  • Supports the organization's budgeting and long-term planning process.
  • Works closely with the Treasury team and the Revenue Cycle team.
  • Supports operational leaders regarding financial result drivers and course corrections.
  • Maintains a high-performing organization through continual process improvement, adoption of appropriate best practices, and development and oversight of a strong management team.
  • Responsible for accounting, tax, audit, payroll, accounts payable, planning, and budgeting.
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