Note: The job is a remote job and is open to candidates in USA. Mary Washington Healthcare is seeking a Vice President of Financial Operations to join their finance executive leadership team. This role is responsible for overseeing core financial operations, ensuring financial integrity, operational efficiency, and supporting strategic decision-making through accurate financial data and analytics.
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
Skills
- 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
- CPA preferred
Benefits
- MWHC will not discriminate in its employment practices due to an applicant's race, color, religion, sex, sexual orientation, gender identity, national origin, and veteran or disability status (EOE).
- We are also committed to equitable and transparent compensation practices and comply with all applicable pay transparency and pay equity laws.
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