VP Finance

Care New England Health System•Providence, RI

About The Position

The Vice President of Finance is the senior financial leader for Women & Infants Hospital and is accountable for the hospital’s financial management, reporting, budgeting, forecasting, analysis, fiscal performance, and long-term financial sustainability. The role provides strategic leadership and oversight of hospital financial operations, ensuring compliance with Care New England policies, regulatory requirements, and Generally Accepted Accounting Principles (GAAP). Reporting to the EVP, Chief Financial Officer of Care New England, the Vice President of Finance partners with the Hospital President, executive leadership, operational leaders, and Corporate Finance. As the principal financial advisor to hospital leadership, the role supports the hospital’s mission and strategic objectives while promoting financial accountability, operational excellence, data-driven decision making, and stewardship of organizational resources. Care New England Health System is an integrated health care organization comprising Butler Hospital, Women & Infants Hospital, Kent Hospital, VNA of Care New England, Integra, The Providence Center, and Care New England Medical Group. The organization supports medical research, specialty-trained physicians, health services, and programs serving individuals and communities.

Requirements

Bachelor's degree required.
Minimum of ten years of progressive financial leadership experience.
Minimum of five years in a senior healthcare finance leadership role.
Experience leading budgeting, forecasting, financial reporting, productivity management, and operational finance functions.
Thorough understanding of healthcare finance and reimbursement methodologies.
Strong knowledge of hospital operations, budgeting, forecasting, and financial reporting.
Demonstrated leadership and team development skills.
Excellent strategic, analytical, and problem-solving capabilities.
Strong communication and presentation skills.
Ability to influence and partner with executive leadership and operational teams.
Experience with labor productivity management, financial planning, budgeting, decision support, and productivity systems.
Knowledge of regulatory and financial reporting requirements applicable to healthcare organizations.

Nice To Haves

Master's degree preferred.
Certified Public Accountant (CPA) preferred.
Acute care hospital finance experience strongly preferred.

Responsibilities

Serve as the senior finance executive for Women & Infants Hospital and provide strategic financial guidance to hospital leadership.
Partner with the Hospital President and executive leadership team to develop and execute financial strategies supporting organizational goals.
Promote a culture of accountability, transparency, and financial stewardship.
Oversee month-end financial reviews and ensure timely, accurate financial reporting.
Analyze operating results, financial trends, and key performance indicators; present results, forecasts, and recommendations to hospital and Care New England leadership and governing bodies as appropriate.
Ensure the integrity and accuracy of financial information used for decision making.
Direct development and administration of annual operating and capital budgets, and oversee long-range forecasts and projections.
Establish budget guidelines, timelines, and performance expectations; monitor results against budget and implement corrective action plans when needed.
Work with operational leaders to identify opportunities for revenue enhancement, productivity improvement, and expense management.
Monitor labor productivity, labor performance, staffing metrics, volumes, and operational performance indicators.
Lead financial reviews with department leaders and executive management and support financial improvement initiatives.
Evaluate the financial implications of operational and strategic initiatives, including business cases for new programs, services, and capital investments.
Ensure compliance with GAAP, organizational policies, and regulatory requirements; maintain effective internal controls and financial oversight processes.
Partner with Corporate Finance and General Accounting on audits and financial reporting requirements, and ensure financial policies and procedures are maintained.
Lead and oversee the Women & Infants finance team, establish performance expectations, support professional development, and foster a high-performing organization focused on service, accountability, and continuous improvement.
Promote collaboration among finance, operations, clinical leadership, and system departments.
Collaborate with Revenue Finance, Supply Chain, Human Resources, Operations Excellence, and Information Services to improve financial performance and operational effectiveness.
Serve as the primary financial liaison between Women & Infants Hospital and Care New England corporate finance functions.
Support evaluation of new business opportunities, service expansions, capital projects, and operational initiatives.
Partner with research and operational leadership to monitor the financial performance of funded programs and initiatives.