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Vice President of Finance

Company: HFMA Massachusetts-Rhode Island Chapter
Location: Quincy
Posted on: March 19, 2023

Job Description:

Position: Vice President of Finance
Organization: Shields Health
Location: Quincy, MA
Website: https://shields.com/
Reports to: Chief Financial Officer
Shields Health is a leading medical provider in New England, operating in one of the most fascinating business environments today - Healthcare. The world-class team is made up of innovative thinkers and enthusiastic collaborators who take pride in delivering the highest quality care to the patients and medical professionals served at more than 40 locations. It's a great time to be a part of the team as they grow and diversify their services by investing in the people, technology and culture. They've created a challenging work environment driven by their talented people, with a unique philosophy of care that sets them apart today and tomorrow. Shields Health is proud to be nominated as a 2023 Best Place to Work.
The position:

  • Provides oversight and leadership to the Finance Department, including General Ledger, Treasury, Accounts Payable, Corporate Purchasing and Payroll teams.
  • Recruits, develops and retains a high-performing team focused on high quality standards, problem solving, accountability, and improved business practices.
  • Responsible for timely month end close process, internal financial reporting, annual audits, tax return filings and other ad hoc financial reporting.
  • Partners with Operations Leadership to establish and implement financial metrics and productivity targets to ensure alignment with long-range financial plans and operational goals.
  • Prepares monthly financial analysis and financial performance summary focused on key performance metrics, revenue opportunities and operating cost improvements.
  • Ability to incorporate complex and complicated functions into documents, spreadsheets, databases, and presentations to support business objectives.
  • Prepares quarterly distribution calculations, including partner and shareholder related reporting.
  • Manages Corporate Risk Management program, annual insurance renewal, claims management and compliance reporting.
  • Presents to diverse audiences, and can negotiate, motivate and persuade others. Must develop solutions using substantial creativity, resourcefulness, innovation, negotiation and diplomacy.
  • Serves on leadership team(s) for large-scale projects and strategic initiatives impacting the organization's overall financial strength and growth.
  • Supports strategic and innovative thinking in order to transform and adapt to current market conditions and advance the Company's financial health.
  • Demonstrates the unique role strategic finance plays for growth related activities.
  • Works closely with the CFO and Executive Leadership Team to drive continued business diversification and growth.
  • From a corporate financial perspective, coordinates all contracts, joint ventures, mergers and acquisitions.
  • Demonstrates high level of ethics regarding access to sensitive and/or confidential information.
  • Monitors industry "best practices", develops and implements operational and services enhancements as required by changing environments, technological advances and appropriate service and delivery strategies.

    First Year Expectations:

    • First 3 months: get up to speed; become familiar with the teams and culture; familiarize with month end and begin to address goals for 2023.
    • Longer term: get involved in board meetings, strategic initiatives, budget, and financial operations; be the face of finance and the right-hand person to the CFO.

      The Ideal Candidate:

      • Experienced and comfortable working within a highly dynamic model. There are 60+ locations within 40+ individual joint venture companies; all companies are different entities with different ownership.
      • Effectively builds relationships, is collaborative, and customer service oriented.
      • Able to partner with internal and external stakeholders.
      • A strong problem solver.

        Education and Experience:

        • Bachelor's Degree in Accounting, Finance, Business Administration or related field of study required. Master's Degree in Business Administration or Certified Public Accountant (CPA) certification and experience working in public accounting is preferred.
        • 10 years progressive broad-based healthcare financial management experience in a public accounting firm, consulting firm, and/or healthcare delivery organization preferred.
        • Knowledge of Generally Accepted Accounting Principles (GAAP) and state regulatory environments as needed.

          Please Contact:
          Rachel Gordon
          L&G Consulting
          Phone: 413-687-4079

Keywords: HFMA Massachusetts-Rhode Island Chapter, Quincy , Vice President of Finance, Accounting, Auditing , Quincy, Massachusetts

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