Vice President, Finance - Central & South Region

Carle Health•Normal, IL

1d•$185,000 - $300,000

About The Position

The Vice President, Finance - Central & South Region, oversees all finance related activities for Carle Health’s Central and South Regions, which includes Carle BroMenn Medical Center, Carle Eureka Hospital, Carle Richland Memorial Hospital, the surrounding medical groups and a variety of special business units. This position monitors and manages all financial operations while identifying opportunities for improvement for Carle Health's Central and South Regions, ensuring the distribution of all the management, financial, accounting and budget reports to Regional Leadership. This includes assertive management of expenses while leading improvements in overall financial performance of the regions with responsibility for the financial health. In collaboration with Carle Health system support and the regional Presidents, provides leadership to the strategic and financial planning process for Carle Health's Central and South Regions, with the fundamental purpose to achieve operating margin improvement through profitable geographic expansion, service development and enhancement, acquisitions, diversification and potentially divestment of unprofitable services.

Requirements

Healthcare Finance - 10 years
Related Leadership - 5 years
Critical Access Hospital Knowledge
Communication Skills
Ability to respond appropriately to customer/co-worker
Ability to interact with a wide variety of people
Ability to communicate only the facts to recipients or to decline to reveal information
Ability to project a professional, friendly, helpful demeanor
Basic computer knowledge - word processing, spreadsheet, email, web browser, ERP
Ability to use healthcare specific tools like Epic, PowerBI and others.

Nice To Haves

Master's Degree: Related Field (preferred)

Responsibilities

Lead and manage the monitoring of the region's progress against annual operating budgets.
Continuously analyze financial performance, operations, policies, systems and procedures
Ensure efficient and effective regional performance.
Serves as a strategic thought leader to the regional leadership team
Provides support, direction and advice.
Works closely with the team regarding business related planning and problem solving for the regions.
Provides organizational leadership for customer service performance and incentives.
Works with the Regional Presidents to support the decision making and understanding of regional operations.
Investigate and maintain a current knowledge of all applicable regulations and standards
Ensure compliance with institutional rules and regulations including understanding of Critical Access Hospitals and Rural Health Clinics.
Prepare, implement and monitor an annual operating budget for the regions
Encompasses all funding sources and ensure compliance with institutional rules and regulations.
Develops, prepares and delivers regional board level reports and presentations.
Understand and forecast regional areas revenue and expense streams.
In partnership with the regional Presidents, leads in the improvements of revenue growth, expense reduction and overall financial performance of Carle Health’s Central and South regions
Monitors financial operations and identifies opportunities for improvement.
Oversees the production and distribution of all the management, financial, accounting and budget reports
Collaborates with leadership to develop effective strategies and plans for key service lines
Achieve volume growth and improvements in operating margin
Develops business plans in collaboration with system leadership and system planning processes for regional subsidiaries which support the overall strategic direction of the regions and yields synergistic benefits to Carle Health
Collaborates and supports the annual cost reporting process with knowledge and understanding of the nuances of both acute care hospitals, critical access hospitals and rural health clinics.