VP Finance

Children’s Minnesota•Minneapolis, MN

14h•Remote

About The Position

This leadership position will lead the strategic and operational elements of finance, including setting strategy while implementing best in class technology, systems and processes to enable the organization to achieve its financial goals. The Vice President of Finance oversees the areas of: Financial planning and analysis, financial decision support, business plan evaluation, capital evaluation and approvals, enterprise reporting, treasury, and controllership. As a key leader at Children's Minnesota, this position will be instrumental in setting the future direction of the organization by ensuring that strategies and initiatives are financially viable in light of changing health care economics. Using data and in-depth financial analysis, this position will partner and collaborate with other leaders to solve business issues and drive economic value across Children's Minnesota. A key focus will be working across departments on the allocation of organization wide capital (including site planning) and resource management to maximize capacity utilization. Data driven decision making will be supported by developing and tracking cross-functional business metrics. Moreover, this position will set financial policy to assure short-term fiscal discipline and the long-term financial strength for Children's Minnesota, including improved cash management strategies.

Requirements

15+ years¿ finance and accounting experience required including:
10+ year progressive experience in creating complex financial models and driving, decision support across service line and operational P&Ls,
5+ years of leadership and management experience of professional staff required,
Healthcare finance and accounting experience, and
Minimum experience of P&L responsibility for net revenues of $800M.
Excellent proficiency with company financial reporting and forecasting.
Experience in managing internal and external financial reporting.
Knowledge of and ability to apply US non-profit GAAP principles.
Experience in treasury methodologies and practices, including cash management and debt financing vehicles along with working capital management strategies.
Expertise in developing and leading the development of strategic plans and budgets, cash forecasting, labor budgets and variance analysis, capital budgets, financial balance sheet projections, operating budgets.
Knowledge and ability to apply different financial planning methodologies such as activity-based budgeting, zero based budgeting, incremental budgeting and rolling forecasts.
Strong internal control experience with the ability to implement new processes to elevate financial controls across the organization.
Knowledge of federal, state and local regulations, guidelines and standards related to financial activities that may impact the organization.
Able to solve issues quickly and effectively - Translates strategies into manageable steps for action.
Outstanding analytical and problem-solving skills with a strong attention to detail - Applies a systematic approach to problem solving.
Team Player with the ability build consensus, implement change and positively influence and motivate others.
Continuous improvement mindset that understand the challenges facing health care with a vision to transform the work - Experience with project management techniques and continuous improvement tools required.
Able to brainstorm and implement new ideas, while resourcefully and creatively solving business issues.
Excellent communicator and able to present complex concepts in an easy to understand way.
Proficient in Microsoft Office Suite.
Undergraduate degree in finance, business or other applicable major.