VIce President Financial Operarions

Mary Washington Healthcare

3d•Onsite

About The Position

The Vice President, Financial Operations serves as a key member of the finance executive leadership team and is responsible for the strategic oversight and performance of core financial operations across the health system, including accounting, financial reporting, payroll, FP&A, decision support, and other shared financial services. This role partners closely with the CFO and executive leadership to ensure financial integrity, operational efficiency, and long-term sustainability. The Vice President drives enterprise standardization, automation, and continuous improvement in financial processes while ensuring compliance with all regulatory and reporting requirements. The role also supports strategic decision-making through accurate financial data, analytics, and insight.

Requirements

MBA, MHA, or MHSA in addition to a Bachelor’s degree in accounting or finance
Minimum of 10 years of progressive experience in healthcare finance or accounting
Minimum of 5 years of senior leadership experience in a complex organization or health system
Demonstrated experience in financial reporting, accounting operations, and process improvement

Nice To Haves

CPA preferred

Responsibilities

Works in collaboration with the Senior Leadership team as well as the Patient Experience Team to provide an environment that focuses on a positive patient and Associate experience every time.
Recognizes the importance of patient/staff safety precautions as it relates to specific departments, the organization, and areas of responsibility.
Collaborates with Patient facing departments, clinicians, and medical staff on precaution utilization and supports appropriate procedures to enhance patient/staff safety in daily operations.
Participates in Senior Leader Experience Rounding and all applicable reporting and follow up.
As a member of leadership, demonstrates and always supports our mission, our vision, our values, and our standard of behavior.
Participates in the organization’s performance improvement program and practices.
Actively assists in improving performance based on results obtained from patient satisfaction/PI activities.
Where appropriate, participates in Performance Improvement activities.
Fosters a High Reliability and an operationally excellent philosophy.
Fosters an environment of accountability by applying consistent and fair practice in day-to-day oversight of areas of responsibility.
Leads by example upholding the highest level of excellence in leadership standards and applications.
Integrates organizational standards of performance into department strategies and processes.
Supports all operational excellence initiatives ensuring full participation of in all in-services, training programs and following up to ascertain that leaders are applying consistent standards of practice.
Oversees general ledger, financial close, consolidations, and payroll operations.
Ensures alignment and consistency across all entities and subsidiaries.
Leads initiatives to modernize financial operations, including ERP optimization and automation.
Ensures timely and accurate financial reporting across the organization.
Maintains strong internal controls and audit readiness.
Oversees external and internal audit processes.
Ensures compliance with GAAP, regulatory requirements, and organizational policies.
Partners with compliance leadership to ensure adherence to all applicable laws and regulations.
Partners with the CFO and executive team on strategic planning and growth initiatives.
Provides financial evaluation and modeling for enterprise initiatives and investments.
Supports capital planning and long-range financial strategies.
Contributes to transformation initiatives aligned with system goals.
Prepares in collaboration with reporting leadership, the annual departmental operating and capital budgets for respective areas of oversight within established guidelines.
Assures adherence to budgetary policies.
Effectively manages not only organizational resources but departmental resources within departmental budgets under areas of oversight.
Monitors key departmental cost areas for containment ideas, solutions, and programs.
Analyzes financial statistical reports.
Recommend changes to improve financial operations.
Implements necessary actions.
Oversees financial reporting processes and ensures accuracy, timeliness, and transparency
Partners with FP&A to enhance reporting, analytics, and decision support capabilities
Develops dashboards and performance metrics to monitor financial operations
Ensures responsible stewardship of organizational financial resources
Supports all Great Place to Work initiatives to foster a highly engaged associate environment.
Ensures all performance reviews, engagement plans, Associate rounding are completed.
Maintains visibility as a leader attending Associate-related events.
Conducts Associate rounding and supports all staff related engagement and recognition programs.
Participates in all organization led quality initiatives.
Maintains a safe, orderly working environment.
Maintains compliance with OSHA regulations.
Ensures that HIPAA regulations, Joint Commission standards and MWHC’s corporate compliance policies are adhered within areas of oversight.
Keeps abreast of all regulations, procedures, and interpretation of Federal, State, and local law as it pertains to financial operations and regulatory compliance.
Identifies and reports any potential situations of concern to managers which could cause medical error and/or patient or staff harm.
Immediately acts, where appropriate, to minimize the risk of injury to patient and associates.
Participates when appropriate in Root Cause Analysis and/or other efforts to reduce the risk of medical error and/or patient or staff harm.
Performs other duties as assigned.