VP Finance
About Us
Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 138 hospital-based locations, in addition to its home-based services and virtual care offerings.
Our Mission
As CommonSpirit Health, we make the healing presence of God known in our world by improving the health of the people we serve, especially those who are vulnerable, while we advance social justice for all. To learn more about a calling that defines and unites, please click here for more information about our mission, vision, and values.
The posted compensation range of $76.35 - $106.89 /hour is a reasonable estimate that extends from the lowest to the highest pay CommonSpirit in good faith believes it might pay for this particular job, based on the circumstances at the time of posting. CommonSpirit may ultimately pay more or less than the posted range as permitted by law.
Job Summary and Responsibilities
The Population Health Service Organization (PHSO) is the primary population health and value based entity within CommonSpirit Health. It manages and coordinates both a centralized MSO as well as various CIN's/ACO's (value hubs) across the nation. The Vice President of Finance is accountable for driving financial strategy and leading efforts to achieve financial performance and operating goals of the PHSO and its market partners and value hubs. The VP of Finance will also have strong healthcare finance knowledge and understanding of business drivers of finance and the essential financial operations and financial risk management capabilities for both population health models and a managed services organization (MSO). The VP of Finance will lead the team to offer insights to business partners. The VP of Finance has the ability to think strategically and engage with executive leadership on a consistent basis.
The VP of Finance will have direct oversight of the Finance department for PHSO. They will lead internal control, budgeting, contract management, operational fiance, financial planning and analysis and financial reporting. Responsible for coordination with the System Accounting team for accurate financial reporting. Will be responsible for leading coordination or implementations for the finance department while collaborating directly with the CEO/COO of PHSO in order to meet the initiatives set forth by system/senior leadership.
- Oversees the financial and statistical reporting functions in accordance with established policies and procedures. Work closely with the VP of Finance at DHMF, as well as the value hub finance leaders, to ensure an understanding of periodic consolidated financial reporting and accounting requirements and to ensure accounting and reporting is consistent and accurate. Act as Finance liaison for PHSO to the Physician Enterprise finance leaders.
- Will serve as an integral member of the leadership team with shared responsibility for organizational strategic planning; will consistently collaborate with CEO/COO on financial strategic planning to establish market direction across groups and regions, with diverse and sometimes competing priorities. Communicate, collaborate and cooperate with internal and external stakeholders. Presents financial updates to appropriate leadership members as requested and needed.
- Oversees the preparation of internal financial reports for the system office and market partner/board reports. Assures the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the PHSO. Collaborates on all system office reporting with the CEO/COO to ensure timely and accurate compliance.
- Ability to collaborate with internal and external business partners to formulate, refine, and operationalize key initiatives and tactics to ensure operational and financial success; work closely with PHSO, value hub and market partners to better understand levers that affect financial results and to identify areas for improvement. Supports
department-based goals, which contribute to the success of the organization; serves as preceptor, mentor and resource to department staff. - Oversees the annual budget(s) for all departments and month end close processes with responsibility for appropriate System office collaboration. Develops long and short-range operations plans, which may include service demand analysis, resources availability analysis, and cost benefit analysis of proposed capital as well as business plan preparation.
Job Requirements
Education and Experience:
- Master's degree, CPA, or equivalent experience may be substituted.
- Minimum of five (5) years of management experience.
- Minimum of seven (7) years of progressive/combined in healthcare finance and management.
- Prior experience collaborating with Actuaries as well dyadic partners to accomplish goals.
Licensure:
- None specified.
The purpose of the Population Health Services Organization (PHSO) is to build a system-wide integrated physician-centric, full-service management service organization structure. We offer a menu of management and business services that will leverage economies of scale across provider types and geographies and will lead the effort in developing CommonSpirit's population health care management pathways. PHSO is dedicated to providing quality managed care administrative and clinical services to medical groups, hospitals, health plans and employers with a business objective to excel in coordinating patient care in a manner that supports containing costs while continually improving quality of care and levels of service. PHSO accomplishes this by capitalizing on industry-leading technology and integrated administrative systems powered by local human resources that put patient care first.
PHSO offers an outstanding Total Rewards package that integrates competitive pay with a state-of-the-art, flexible Health & Welfare benefits package. Our cafeteria-style benefit program gives employees the ability to choose the benefits they want from a variety of options, including medical, dental and vision plans, for the employee and their dependents, Health Spending Account (HSA), Life Insurance and Long Term Disability. We also offer a 401k retirement plan with a generous employer-match. Other benefits include Paid Time Off and Sick Leave.
Depending on the position offered, CommonSpirit Health offers a generous benefit package, including but not limited to medical, prescription drug, dental, vision plans, life insurance, paid time off (full-time benefit eligible team members may receive a minimum of 14 paid time off days, including holidays annually), tuition reimbursement, retirement plan benefit(s) including, but not limited to, 401(k), 403(b), and other defined benefits offerings, as may be amended from time to time. For more information, please visit https://www.commonspirit.careers/benefits.
Unless directed by a Collective Bargaining Agreement, applications for this position will be considered on a rolling basis. CommonSpirit Health cannot anticipate the date by which a successful candidate may be identified.
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Equal Opportunity
CommonSpirit Health™ is an Equal Opportunity/Affirmative Action employer committed to a diverse and inclusive workforce. All qualified applicants will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, parental status, ancestry, veteran status, genetic information, or any other characteristic protected by law. For more information about your EEO rights as an applicant, please click here [PDF].
CommonSpirit Health™ will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c). External hires must pass a post-offer, pre-employment background check/drug screen. Qualified applicants with an arrest and/or conviction will be considered for employment in a manner consistent with federal and state laws, as well as applicable local ordinances, ban the box laws, including but not limited to the San Francisco and Los Angeles Fair Chance Ordinances. If you need a reasonable accommodation for any part of the employment process, please contact us by telephone at (415) 438-5575 and let us know the nature of your request. We will only respond to messages left that involve a request for a reasonable accommodation in the application process. We will accommodate the needs of any qualified candidate who requests a reasonable accommodation under the Americans with Disabilities Act (ADA). CommonSpirit Health™ participates in E-Verify.