Senior Vice President, Finance

Discover Vanderbilt University Medical Center: Located in Nashville, Tennessee, and operating at a global crossroads of teaching, discovery, and patient care, VUMC is a community of diverse individuals who come to work each day with the simple aim of changing the world. It is a place where your expertise will be valued, your knowledge expanded, and your abilities challenged. Vanderbilt Health recognizes that diversity is essential for excellence and innovation. We are committed to an inclusive environment where everyone has the chance to thrive and where your diversity of culture, thinking, learning, and leading is sought and celebrated. It is a place where employees know they are part of something that is bigger than themselves, take exceptional pride in their work and never settle for what was good enough yesterday. Vanderbilt’s mission is to advance health and wellness through preeminent programs in patient care, education, and research.

Organization:

Office of Finance Executive

Job Summary:

Vanderbilt Health - Executive Search Team is conducting a national search for a Senior Vice President, Finance reporting to the Chief Financial Officer.

The Senior Vice President provides executive-level leadership and financial management enabling the organization to achieve operational, financial, and strategic goals and initiatives. The SVP oversees all “back office” finance functions including the Controller’s Office, grant and contract accounting, internal control monitoring, financial planning, budgeting and analysis, treasury, cost accounting, financial systems, and financial analytic support. In addition, the SVP manages the Vanderbilt Health Services (VHS) division.

The SVP will be responsible for the financial operational management of VUMC and all aspects of its daily fiscal management, working in conjunction with the CFO and their direct reports to provide forward-looking, accurate, and efficient financial leadership to the organization. A highly visible position within the organization, the SVP serves as an advisor to the CFO, and divisional leadership including Presidents and Executive Vice Presidents, and other senior leaders. In addition, the SVP will closely coordinate with other key Finance leaders including the Chief Revenue Officer, Chief Supply Chain Officers, and Division Financial Vice Presidents providing coordination between VUMC's core financial operations and the divisions.

VUMC is seeking a dynamic and accomplished financial leader who can work effectively in a highly matrixed and relationship-driven culture. The chosen SVP must be a strategically-minded visionary leader who knows how to effectively drive change and build teams in a complex academic environment, embodying the VUMC Credo behavior and providing leadership through respect, humility, and intellectual curiosity. This is an ideal opportunity to help lead the institution to the next levels of accomplishment.

Professional Experience / Qualifications / Traits

• A minimum of ten years in health care financial management, including academic medical center or complex health system management and leadership experience required. Preferable experience includes working in a public accounting firm focused on the health care vertical along with/or in addition to current/prior experience as a CFO, Finance Vice President, or Controller within a large complex academic medical center or health system setting.
• Career track of progressive, documented accomplishments in increasingly complex financial management roles in a large, complex organization or multi-facility enterprise. Ideal professional record demonstrates the capacity to establish leadership of a service-oriented function within a multi-faceted academic healthcare enterprise.
• Skill to proactively advise and educate management on all aspects which financially impact short-range operating and longer-term financial results. Demonstrated record of serving as an advisor and consultant to leadership on financial policies, operations, and strategy. Leadership acumen to act as a key member of the VUMC CFOs’ leadership team and represent the CFO when requested including at the Board level. The position will communicate and coordinate with key individuals across VUMC Operations and VUMC Finance and as such must be skilled in working in a team-oriented environment.
• Management expertise to direct, plan and organize the financial operations of VUMC including both short- and long-range financial planning, budgeting, analysis, and financial systems. Ability to communicate financial information and collaborate with management and outside stakeholders, including financial advisors, investment and commercial bankers, and ratings agencies.
• Demonstrated leadership skills in the development, interpretation, coordination and communication of finance policies regarding GAAP, cost and grant accounting, budgeting, financial system structure, internal controls, and compliance.
• Leadership skills to facilitate organization-wide planning, business prioritization, and resource allocation in conjunction with the VUMC CFO. Ability to ensure the organization complies with audit calendars, planning deadlines, and reporting requirements.
• A system and technology-driven leader seeking to capitalize on improvements in data management and analytics through the implementation and refinement of financial systems to improve process, efficiency, and effectiveness.
• A change leader, able to act and provide leadership throughout the change process, who engages employees in the entire process and develops commitment for sustaining change. Able to turn vision into a workable plan and facilitate others’ involvement toward a common goal and mapping a clear direction appreciating the need for effective project management and communication.
• Documented executive-level experience with general accounting principles and practices, and public sector or not-for-profit health care accounting. Possesses excellent written, oral and electronic communications skills along with strong leadership and strategic planning skills.
• An analytic with the capacity to impose the discipline necessary to meet challenging financial goals. Proven financial analysis skills and extensive experience with a broad array of presentation strategies.
• Proven record for developing organizational talent, with ability to recruit, retain and develop high-performing individuals aligned with the institution’s goals and values. Provides continuous feedback, encouragement, and coaching to employees. Ensures all direct reports have development plans that increase their effectiveness and/or prepare them for future opportunities and expanded roles. Facilitates meaningful recognition for team and individual accomplishments.
• Management acumen to direct a team of highly skilled professionals at the Vice President and Associate Vice President level, providing the right mix of oversight and direction to ensure a highly functioning team environment.
• Skill to prepare reports for management and the Board outlining the organization’s financial position based on past, present, and future operations, including variance analysis of actual to budget performance.
• Ability to analyze and interpret data and develop clear and informative methods to present financial information, special projects, and focused studies to executive leadership.
• Proven expertise in reviewing the preparation of government required reports, third party review, and other financial information required by external entities. Skill to evaluate continuously, in coordination with other Finance leadership, economic, demographic, and government changes and interpret their effective upon financial performance.
• A person of the highest integrity. Must be able to develop trust and credibility and to build strong collaborative relationships throughout VUMC.
  
  

EDUCATION

• Bachelor’s degree in Accounting, Business or a related field and 10 years of relevant experience.
• Master’s degree in Business, Accounting, Finance or Health Administration preferred.
• CPA, CFA or CMA license or the equivalent preferred.
  
  

Our professional administrative functions include critical supporting roles in information technology and informatics, finance, administration, legal and community affairs, human resources, communications and marketing, development, facilities, and many more.

At our growing health system, we support each other and encourage excellence among all who are part of our workforce. High-achieving employees stay at Vanderbilt Health for professional growth, appreciation of benefits, and a sense of community and purpose.

Core Accountabilities:

• Organizational Impact: Establishes function strategies with direct impact on the function results.* Problem Solving/ Complexity of work: Directs the resolution of numerous strategic issues that affect own function and the broader organization.* Breadth of Knowledge: Applies in-depth business knowledge across multiple areas of the business. * Team Interaction: Leads a function serving the organization at large.
  
  

Core Capabilities :

Supporting Colleagues: - Develops Self and Others: Acts upon constructive feedback from all levels of the organization and initiates strategies to develop talent in others. - Builds and Maintains Relationships: Leverages relationships and insight to forecast potential future needs and influence delivery of work to exceed expectations. - Communicates Effectively: Anticipates difference audience concerns, styles and finds mutually beneficial solutions across conflicting and sensitive issues. Delivering Excellent Services : - Serves Others with Compassion: Demonstrates in-depth knowledge of broad-based issues and considers the interests of others to improve satisfaction of services. - Solves Complex Problems: Critically evaluates complex information and identifies trends/risks to make recommendations to improve processes across areas. - Offers Meaningful Advice and Support: Provides ongoing feedback and development discussions to motivate and support team members to maximize performance .Ensuring High Quality : - Performs Excellent Work: Anticipates problems or obstacles which may interfere with quality standards and develops plants to ensure area's quality standards are met. - Ensures Continuous Improvement: Routinely draws upon valuable learning from others, past experiences, and new information to determine key opportunities. - Fulfills Safety and Regulatory Requirements: Develops appropriate corrective actions for unsafe environments in order to ensure operational and safety compliance. Managing Resources Effectively: - Demonstrates Accountability: Identifies potential obstacles to goal achievement and develops solutions to address those obstacles. - Stewards Organizational Resources: Creates the appropriate systems and processes to effectively manage resources. - Makes Data Driven Decisions: Applies in-depth knowledge of data to recommend and implement new approaches to improve decision making capabilities. Fostering Innovation: - Generates New Ideas: Identifies opportunities and leads development of new initiatives that create value across areas. - Applies Technology: Creates the energy and drive for self/others to identify and leverage technology in new, innovative ways to drive greater efficiencies. - Adapts to Change: Anticipates the change process and clearly communicates impact on others/own team(s), assisting them in embracing the change.

Position Qualifications:

Responsibilities:

Certifications:

Work Experience:

Relevant Work Experience

Experience Level:

10 years

Education:

Master's

Vanderbilt Health recognizes that diversity is essential for excellence and innovation. We are committed to an inclusive environment where everyone has the chance to thrive and to the principles of equal opportunity and affirmative action. EOE/AA/Women/Minority/Vets/Disabled