We Are Hiring
Regional Vice President, Finance - Austin,TX
Why Join Ascension?
Ascension is a faith-based healthcare organization dedicated to transformation through innovation across the continuum of care. As one of the leading non-profit and Catholic health systems in the U.S., Ascension is committed to delivering compassionate, personalized care to all, especially to those most in need. In FY2018, Ascension provided nearly $2 billion in care of persons living in poverty and other community benefit programs.
Ascension includes approximately 156,000 associates and 34,000 aligned providers. The national health system operates more than 2,600 sites of care – including 151 hospitals and more than 50 senior living facilities – in 21 states and the District of Columbia, while providing a variety of services including physician practice management, venture capital investing, investment management, biomedical engineering, facilities management, clinical care management, information services, risk management, and contracting through Ascension’s own group purchasing organization.
What You Will Do
The In-market Vice President of Finance is a Strategic Leader, responsible for refining and improving existing business models and developing new business models for current and future changes to health care economics. Keys to the success of this position will be strong strategic skills, leadership ability, and knowledge base to help 1) integrate various Ascension-wide strategies; 2) optimize financial performance and 3) develop business models for strategic opportunities including new ventures, partnerships, and continuum of care business development planning and expansion.
POSITION ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Essential functions include the following. Other duties may be assigned.
Senior Leadership and Strategy. Serve as an integral member of the senior leadership team with shared responsibility for organizational strategic planning, oversight, decision making and change management. Align work to larger strategic plan and assume lead role in oversight of Financial policy, programs, process and research. Determine priorities and plans, set clear goals and accountabilities for finance staff, monitor progress and assure targets are reached. Provide expertise associated with business/finance issues. Support spiritual formation programs and champion those that relate to financial leaders.
Financial Planning and Analysis. Partners with Strategy and Operations in development of annual Integrated Strategic, Operational, and Financial Plan, inclusive of responsibility for development of annual budget. Leads efforts around monthly projections and short- and long-range forecasting, as well as capital planning. Interfaces with senior leaders in development of proforma analysis of to support business cases for strategic development opportunities. Serves as liaison with Ascension Financial Planning and Analysis Center of Expertise.
Talent Management. Work with the Hospital Presidents and System leadership to develop finance team and partnering strategies to meet organizational needs. Motivate and engage non-financial leaders, physicians and clinical staff. Provide education, supervision, coaching, performance management and career development opportunities. Address behavioral and procedural concerns, resolve conflicts and take corrective and disciplinary action. Drive annual evaluations and financial leadership succession plans.
Stewardship. Drive utilization management to ensure effective use of organization resources and reduce cost of delivery of care. Analyze and achieve efficiency in the delivery of care and supply chain opportunities and apply principals of process management and control. Partner with other leaders to manage financial relationships, eliminate waste and reduce unnecessary expense.
Business and Market Opportunities. Provide financial vision and advice on the development and implementation of new service lines and growth opportunities, and formulate and implement strategic and tactical plans to grow market share. Identify, assess and catalyze potential organization alliances that help the ministry achieve its strategic vision. Use a systems approach to meet needs of community and provide healthcare services. Develop and maintain relationships with physician groups, other healthcare providers, research groups and academic institutions for the purposes of business collaboration.
Internal Relations and Communications. Serve as a key liaison between Finance and administration areas. Work in close partnership with other non-financial leaders to build highly effective delivery models. Drive cross-functional teamwork and communication with the goals of optimizing financial performance. Provide financial expertise and leadership to all areas of the region/hospital and facilitate a common understanding. Promote, exemplify and support the Ascension Health Values.
External Relations. Represent finance and the ministry with external stakeholders and build collaborative external relationships. Participate in committees and perform special projects as needed. Serve as champion for customer service including patient satisfaction outcomes and continuous improvement. Work with policy makers and local staff to impact legislation.
Catalyze Change. Serve as a change agent and champion to drive organizational transformation in alignment with strategy and vision. Foster a culture of shared ownership, continuous quality improvement, risk management and cost control. Engage and work with interdisciplinary teams to identify and implement change. Solicit input from key constituencies, engage them in the change, gain buy-in and support, and overcome resistance toward change. Foster a proactive learning organization culture where events are systematically processed and process adjustments are made in real time.
Data, Informatics and Technology. Support and champion the use of improved healthcare information technology to achieve optimal quality, efficiency, safety, data sharing, and financial efficiencies. Foster the effective transition and support for technology with finance.
SKILLS, KNOWLEDGE & ABILITIES:
Drives Financial Alignment. Addresses multiple perspectives and drives alignment and shared ownership of financial objectives with different stakeholders, medical staff, teams and allied functions.
Demonstrates Financial Expertise. Demonstrates financial thought leadership and knowledge in the areas of medical/clinical practices, trends, research, technologies, interdisciplinary collaboration, policies and standards.
Models Systemic Thinking. Utilizes systemic and balanced understanding of all aspects of healthcare finance and administration to strategically assure financial, quality, access, growth and cost control.
Manages Financial Data and Metrics. Identifies, tracks, analyzes and communicates key measurements and leverages best practices.
Builds Internal and External Relationships. Builds and utilizes a network of highly collaborative relationships and engages diverse audiences in regard to technical and organizational medical issues, both internally and externally.
Exhibits Legal, Regulatory and Financial Knowledge. Maintains working knowledge of healthcare standards, legal, regulatory, policy, finance and compliance issues.
Critical Executive Leadership Competencies:
Models Integrity and Values. Genuinely cares about people, especially the poor and vulnerable; communicates openly and honestly to foster trust relationships among colleagues and those we serve; recognizes and understands that leadership is a call to serve others and that this service is a commitment to life; fosters personal growth and demonstrates reverence.
Makes Effective Decisions. Secures and compares information from multiple sources to identify mission, business, community and patient issues; commits to an action after considering the input of those impacted by the decision and weighing alternative solutions against important decision criteria and the common good.
Inspires and Engages People. Passionately and effectively presents a transformational vision; creates a clear and compelling view of the future state by helping others understand and feel how clinical and ministry outcomes will be different when the vision is achieved; clearly conveys how the vision supports the mission of the health ministry.
Achieves Values-Based Results. Sets high goals, consistent with our values, for personal and group accomplishment; tenaciously works to meet or exceed those goals; measures progress and derives satisfaction from goal achievement and continuous improvement.
Cultivates Partnerships. Initiates and maintains strategic relationships with stakeholders inside and outside the health ministry (e.g., physicians, politicians and lobbyists, payers, suppliers and community representatives) to advance shared goals; seeks and considers stakeholder perspectives and promotes fairness in dealings with others.
Displays Strategic Influence. Creates and executes influence strategies that persuade key internal and external stakeholders to take action that will support mission, organization and department goals. Proactively communicates the mission and business case to stakeholders and relevant political entities.
What You Will Need
EDUCATION and/or EXPERIENCE:
BS/BA and Master’s required
Demonstrated leadership experience with a strong record of accomplishment
Leadership experience within a Teaching Hospital and/or a stand alone Pediatric Hospital required
10 years leadership experience.
Demonstrable financial leadership experience.
Proven track record in complex organization managing multiple, strategic projects.
Experience with areas including but not limited to healthcare delivery, quality, risk management, informatics, compliance, process improvement, strategic planning, and change management.
Board membership experience and/or community involvement. #le@der2020
Equal Employment Opportunity
Ascension is an EEO/AA employer: M/F/Disabled/Vet. For further information regarding your EEO rights, click on the following link to the “EEO is the Law” poster:
Please note that Ascension will make an offer of employment only to individuals who have applied for a position using our official application. Be on alert for possible fraudulent offers of employment. Ascension will not solicit money or banking information from applicants.
Ascension participates in the Electronic Employment Verification Program. Please click the E-Verify link below for more information.
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