Job Information
Northern Light Health VP- Finance in Waterville, Maine
Northern Light Health
Department: Member VPs of Finance
Position is located: Inland Hospital
Work Type: Full Time
Hours Per Week: 40.00
Work Schedule: 8:00 AM to 4:30 PM
Summary:
The VP, Finance has a matrixed reporting structure to the Northern Light Health Chief Financial Officer and the Northern Light Health SVP, President. The Vice President, Finance is responsible for the day-to-day financial operational activities of the Hospital and monitoring compliance with the system's accounting policy, as well as working with other departments to implement best practices throughout. This includes revenue and growth, expenses, costs and margin-control; and monthly, quarterly, and annual financial goal management. The VP, Finance will accomplish these responsibilities according to the mission and values of member Hospital. The VP, Finance will possess a strong financial and business acumen within a healthcare organization and commitment to continual process improvement.
Responsibilities:
- Develop, implement and maintain standard operating procedures and performance measures to ensure a sound internal control environment over financial reporting. Promote consistent levels of timeliness, accuracy and completeness in work product and achieve stated performance measures. 2. Serve as technical advisor to the System CFO on all matters pertaining to outside auditors, investment bankers and other external reporting and regulatory bodies as it pertains to Inland Hospital. 3. Provide timely updates to senior finance management on issues and status of major projects including identification of potential risks and development of contingency plans that address issues as needed. 4. In collaboration with System accounting operations, develop, implement and monitor compliance with generally accepted accounting principles (GAAP) and company procedures. 5. Represents Northern Light Health and Inland Hospital to organizations within the community in the role of representative, and civic leader. 6. Review, investigate and correct errors and inconsistencies in financial statements, documents and reports to ensure integrity of all financial information. 7. Prepares and recommends the annual budget showing the expected revenues and expenditures. 8. Prepare financial statement and other reports to summarize and interpret current and projected company financial position. 9. Assure compliance with federal, state, local and corporate policies, regulations and laws. 10. Submits periodic and other special reports to Northern Light Health indicating the financial status of Inland. 11. Maintains confidentiality of all materials handled within Northern Light Health and Inland as well as the proper release of information. 12. Complies with Northern Light Health and departmental policies regarding issues of employee, patient and environmental safety and follows appropriate reporting requirements. 13. Demonstrates Performance Improvement in the following areas as appropriate: Clinical Care/Outcomes, Customer/Service Improvement, Operational System/Process, and Safety. 14. Demonstrates financial responsibility and accountability through the effective and efficient use of resources in daily procedures, processes and practices. 15. Complies with Northern Light Health and departmental policies regarding attendance and dress code.
Other Information
Detailed Responsibilities
Adheres to governmental and industry specific regulations/laws. Maintains current knowledge of organization’s policies and procedures.
Records, maintains, distributes, and prepares documents or information.
Adheres to a set of moral principles with an understanding of philosophical thought.
Develops budgetary goals and/or is mindful of financial performance targets.
Maintains a safe environment for healthcare workers, patients, and/or visitors complying with Northern Light Health policies and procedures; reviews, documents and addresses all incidents and safety violations within area of responsibility; reports all lost time due to reported work injuries within 24 hours to local HR BP or Safety contact; supports and facilitates open and non-punitive communication among Northern Light Health employees, non-employed healthcare workers, patients and visitors, reporting and addressing patient and environmental safety concerns.
Directly leads work efforts of subordinates and/or peers.
Contributes to the development of policies and procedures.
Identifies and advocates for improvement to processes within the department and organization when identified.
Meets established productivity benchmarks.
Creates and disseminates reports to appropriate personnel.
Drafting, refining, implementing, and tracking strategic plans and goals.
Develops rapport and strong working relationship with external organizations and communities.
Performs other duties as assigned or required.
Communicate effectively in both oral and written form, as appropriate for the needs of the audience.
Identifies, pursues, and achieves previously-established personal, team, and organizational goals.
Competencies
Essential:
Behaves with Integrity and Builds Trust: Acts consistently in line with the core values, commitments and rules of conduct. Leads by example and tells the truth. Does what they say they will, when and how they say they will, or communicates an alternate plan.
Cultivates Respect: Treats others fairly, embraces and values differences, and contributes to a culture of diversity, inclusion, empowerment and cooperation.
Demonstrates Emotional Intelligence: Exhibits a high level of self-awareness, self-management, other awareness and relationship management. Conducts themselves in an empathic, appropriate way, with a sense of humor and stimulates a collaborative work environment. Is respectful of the attitudes, feelings, or circumstances of others and aware of the influence of their own behavior on them. Is aware of relevant social, political, system, and professional trends and developments and uses this information for the organization's benefit.
Develops Self and Others: Takes responsibility for engaging in professional self-development activities and programs. Strives to gain insight into their own values, strengths and weaknesses, interests and ambitions and takes action in order to enhance competencies and skills when possible. As a leader, encourages and guides employees towards growth opportunities to enhance performance and help them reach goals. Reviews and analyzes employees' strengths and weaknesses to distinguish their talents and development needs, and to ensure they are enhanced appropriately.
Exercises Sound Judgment & Decision Making: Understands and processes complex information, which allows for appropriate and accountable conclusions. Does not react too quickly or slowly. Balances facts, goals, and potential approaches taking the appropriate criteria into account. Makes active decisions and commits oneself by communicating confidently and respectfully.
Fosters Accountability: Creates and participates in a work environment where people hold themselves and others accountable for processes, results and behaviors. Takes appropriate ownership not only of successes but also mistakes and works to correct them in a timely manner. Demonstrates understanding that we all work as a team and the quality and timeliness of work impacts everyone involved.
Practices Compassion: Exhibits genuine care for people and is available and ready to help; displays a deep awareness of and strong willingness to relieve the suffering of others.
Resolves Conflict: Promptly acts to find alternatives/solutions when team members disagree. Addresses issues in a direct, honest, and appropriate manner. Handles conflicting interests diplomatically and helps to solve them. Transforms difficult situations into teachable moments using respect and accountability.
Skills
Education
Essential:
- Master's Degree
Experience
Credentials
Working Conditions
Essential:
Lifting, moving and loading less than 20 pounds.
Prolonged periods of sitting.
Prolonged periods of standing.
Prolonged periods of walking.
Position VP- FinanceLocation Req ID null