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Market VP Operational Finance

VMFH Division Support Services Tacoma, Washington
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The posted compensation range of $111.90 - $156.66 /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.

Requisition ID 2024-338461 Employment Type Full Time Department Administration Hours/Pay Period 80 Shift Day Weekly Schedule Monday - Friday (8:00am - 5:00pm) Remote No Category Executive
Overview

In 2020 united in a fierce commitment to deliver the highest quality care and exceptional patient experience Virginia Mason and CHI Franciscan Health came together as natural partners to build a new health system centered around the patient: Virginia Mason Franciscan Health. Our combined system builds upon the scale and expertise of our nearly 300 sites of care including 11 hospitals and nearly 5000 physicians and providers. Together we are empowered to make an even greater impact on the health and well-being of our communities.

This Market Vice President of Operational Finance is responsible for leading the operational Finance function for the assigned Virginia Mason Franciscan Health region, including driving disciplined performance management (as a business partner with the Chief Executive and/or Operating Officer), creating critical financial analytics and performance management capability, overseeing Center of Excellence (COE) implementation and progress, and formulating enterprise service-line strategy, as well as other supervisory duties as assigned by CEO as relates to MBO management.


Responsibilities

FINANCIAL PERFORMANCE MANAGEMENT

  • Presents an integrated performance metrics dashboard at senior level and facilitates regular discussions to drive action planning.
  • Evaluates enterprise adherence to budget.
  • Leads the assessment of the financial impact from key operational changes.
  • Convenes regular (e.g. quarterly) reviews of performance results with MBO leaders.

FINANCIAL ANALYTICS

  • Works with the Financial Analytics group responsible for providing service-line financial analytics.
  • Works closely with strategic planning group to provide input and to align on plans to operationalize strategy.
  • Works with DSS systems to ensure adequate access and performance.

CLINICAL AND OPERATIONAL EXCELLENCE PERFORMANCE MANAGEMENT

  • Collaborates with national, division and MBO executives to identify and resolve barriers to improve operating performance.

MBO SERVICE LINE FINANCE

  • Participates in the formulation of MBO strategy for service lines with other MBO leaders.
  • Reports financial operations to MBO Board of Directors.
  • Works with other senior leaders to formulate policy/strategy and manage MBO operations.


Qualifications

Requirements

  • Master’s degree in Finance, Business Administration or related discipline 
  • Seven years of work experience in the discipline, including five years’ leadership/management experience.

#LI-VMFH

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While you’re busy impacting the healthcare industry, we’ll take care of you with benefits that may include health/dental/vision, FSA, matching retirement plans, paid time off, tuition assistance, adoption assistance, and more!

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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