Vice President Budget and Financial Planning

Job Summary

In this impactful role, the Vice President of Budget & Financial Planning leads the budgeting, forecasting, planning, implementation, and strategic business analysis for the financial team at Tower Health.

The VP has overall responsibility for the setup and maintenance of the budget process using the budgeting system, ongoing review of the physician practices’ operating budgets and expenses, as well as primary responsibility for formulating future year budgets based on assumptions provided by executive leadership. The VP works in tandem with finance leadership, mentoring GL team and directing their contributions to the budget process.

Responsibilities Include

• assisting the senior leadership team with ad hoc reporting, building robust monthly reporting at the practice and provider levels, and supporting financial decision-making by collecting, analyzing, investigating, and reporting financial data.
• coaching, teaching, developing, and leading a team of Financial Analysts.
• educating leadership on financial concepts and assisting them with pro forma or other projects with a financial component.
• overseeing the analysis of overage/underage, spending and revenue, and preparation of various statistical reports.
• ensuring that the data being aggregated and reported accurately reflects the financial results of the organization and engages Finance staff to routinely reconcile the modules to core financial systems to verify accuracy.
  
  

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Qualifications

• Relevant finance leadership experience in a hospital or health system is required
• Bachelor's degree
• Leadership skills including employee leadership and change management
• Proficiency with Microsoft Office and systems/tools used for financial management
• Strong communication and interpersonal skills with a proven ability to build strong relationships and collaborate across the health system
• Exceptional attention to detail
• Service-oriented strategic thinker with strong financial and business acumen coupled with excellent analytical skills and ability to solve complex problems independently
• Ability to pivot quickly in a fast-paced environment
  
  

Tower Health is a regional integrated healthcare system that offers leading-edge, compassionate healthcare and wellness services to communities in Berks, Chester, Montgomery, and Philadelphia Counties. With 1,200 beds across the system, Tower Health consists of Reading Hospital in West Reading; Phoenixville Hospital in Phoenixville; Pottstown Hospital in Pottstown; and St. Christopher's Hospital for Children, a partnership of Tower Health and Drexel University in Philadelphia. For more information, please visit https://towerhealth.org/.

Overview

Discover why our hospital is a great place to work. Take a virtual tour of Reading Hospital here: https://youtu.be/hH6ItnuIIsc