Swedish is calling a Chief Financial Officer in Seattle, WA.
This is an unparalleled opportunity for a Chief Financial Officer to set the vision and strategic direction in collaboration with senior leaders to achieve the operating principles and delivery of the operational transformation plan. The Chief Financial Officer is a member of the senior most Swedish management decision making team, accountable for setting strategic direction, leading efforts to achieve the operating principles and delivery the operational transformation plan. The CFO is accountable for the strategic planning and other processes that are used by the regional chief executive and the Board to establish overall Swedish direction and policies. The CFO is accountable for the successful performance of all system operations including partnering with shared services and system support functions and therefore are required to demonstrate the competencies of an interdependent, high functioning team.
In this position you will:
Provide leadership and direction towards our Vision of simplifying health for everyone.
Be accountable and use the system-wide standardized financial systems & structures, including long range financial plans, budgets, financial reporting, accounting, reimbursement, and policies and procedures to assure the value of the system is maximized.
Be accountable, support, and collaborate with system shared services and other system provided functions such as supply chain, revenue cycle, accounting, etc.
Serve as a management liaison to various board committees, and provides management support to the Board of Directors.
Develop timely and accurate reports for the Board of Directors and senior management that analyze and report upon the financial and operational performance community benefit performance and other interested external parties.
Provide strategic and operational leadership of all Financial Services activities for affiliates and multiple joint ventures to ensure that budgets and strategic initiative goals are met.
Provide strategic leadership by focusing team and organization units on visions and distinctive strategies in the development, implementation and evaluation of the delivery system within the Service Area and Region.
Develop and implement strategies and programs that enhance and maximize the financial performance of operations in the region and the system.
Implement standards and procedures for financial planning and reporting for operations, consistent with system practices and objectives.
In collaboration with the Swedish finance team and system finance guidelines, administers strategies and goals for the integration and consolidation of financial, accounting, and related functions for operations. Identifies opportunities for greater efficiencies and reduced expenses.
In collaboration with the system business development team, exercise a lead role in the development and implementation or elimination of services and lines of business in Service Area operations, consistent with the values and strategic objectives of the Swedish. This includes identification of appropriate merger, affiliation, and partnership opportunities.
Assume a support role, in collaborating with regional leadership teams regarding managed care contracting and payer contracting issues.
Provide feedback to system and regional leaders on the performance of service area regarding organizational financial direction, performance, and compliance with regional and system standards and procedures.
Exercise a lead role in the review and approval of annual budgets and long-range forecasts for service area, consistent with regional and system strategies and objectives. Manages to appropriate financial benchmarks and reporting indicators to ensure that performance is at-or-above budget.
Collaborate with the system Integrity Officer and regional integrity liaisons to develop and implement appropriate compliance programs and staff education.
Collaborate with the Regional Information Officer to develop, implement, and maintain information management and decision support systems critical to the accomplishment of Regional strategies and objectives.
Provide leadership in conjunction with service area executive leadership in managing the collaborative relationship with employees and the community in building an effective and efficient health care delivery system.
Provide leadership for financial performance of the organization as it relates to the development of a regional financial integration system and the development of an effective staff.
Provide leadership to ensure the overall Finance role is understood in the organization and broader community.
Communicate clearly, regularly and effectively with all levels and functions of the organization to create an atmosphere of mutual respect, openness and encouragement..
Lead the development of financial structure through finance operations and financial reporting mechanisms that support the continuum of care within the service area consistent with system policies and standards.
Facilitate the selection and development of management team reporting to CFO who are able to meet the organization’s goals and objectives and demonstrate personal attributes, which are consistent with the Swedish and Providence Health System mission and values.
Collaborate with service area leadership team to ensure consistent standards of care, employee performance and financial management processes are applied to ensure accreditation and regulatory guidelines are met.
Required qualifications for this position include:
Bachelor degree in finance, business administration or accounting is required.
Master’s degree and/or CPA preferred.
A minimum of ten years of progressively more-responsible financial management and operations experience in health care; with at least five years in a financial leadership role with an integrated health system including acute care, long-term care, physician group practices, and managed care health plans.
Since its founding in 1910, the nonprofit Swedish Health Services has grown into the greater Seattle area’s largest, most comprehensive medical system. It encompasses five hospital campuses – First Hill, Cherry Hill, Ballard, Edmonds, and Issaquah – ambulatory care centers in Redmond and Mill Creek, and a network of more than 180 primary care and specialty clinics throughout the greater Puget Sound area. All Swedish campuses are fully accredited.
The system encompasses 1,512 licensed beds; 13,029 employees; and 4,289 physicians and allied health professionals. In 2016, it logged 11,889 births; 217,957 emergency room visits; 68,926 inpatient admissions; 49,112 surgeries; and 2,480,938 general outpatient visits (unrelated to surgery or emergency room visits).
We offer a full comprehensive range of benefits - see our website for details
As expressions of God’s healing love, witnessed through the ministry of Jesus, we are steadfast in serving all, especially those who are poor and vulnerable.
Providence Health & Services is a not-for-profit Catholic network of hospitals, care centers, health plans, physicians, clinics, home health care and services guided by a Mission of caring the Sisters of Providence began over 160 years ago. Providence is proud to be an Equal Opportunity Employer. Providence does not discriminate on the basis of race, color, gender, disability, veteran, military status, religion, age, creed, national origin, sexual identity or expression, sexual orientation, marital status, genetic information, or any other basis prohibited by local, state, or federal law.
Job Category: Leadership
Req ID: 167977