What are the responsibilities and job description for the Vice President, Finance and Chief Financial Officer position at trinityhealth?
Employment Type: Full time Shift: Description: MercyOne is seeking an accomplished healthcare finance executive to join our leadership team in Des Moines, Iowa, as Vice President, Finance & Chief Financial Officer. This highly visible role offers the opportunity to partner directly with senior executives to accelerate organizational transformation, strengthen financial performance, and support innovative growth strategies across a mission-driven healthcare organization. About MercyOne: Headquartered in Des Moines, Iowa, MercyOne is a connected system of health care facilities and services dedicated to helping people and communities live their best lives. The system’s more than 230 clinics, medical centers, hospitals and care locations are located throughout the state of Iowa and beyond. Today, the nonprofit Regional Health Ministry (RHM) generates more than $3.9 billion in combined revenue and employs more than 22,000 colleagues, including 1000 physicians. Headquartered in central Iowa, MercyOne is the second largest RHM within Trinity Health. Purpose: Provides financial stewardship and direction to the assigned market and/or ministry through effective business leadership, strategy deployment, internal controls and operating and capital budget development, monitoring and management. Provides support other market and ministry executives within the Services Area. Engages in market level strategy alignment. Assists in evaluating the success of the company in achieving its goals and formulating plans to correct any issues if the company is not achieving its goals. Manages teams of mid-level and senior professionals. Leads or engages in multidisciplinary projects or initiatives. Assisting in managing the company's finances, identifying ways to increase revenue and decrease costs, analyzing financial reports, and preparing operating budgets. The position participates with other senior management to address, interpret, resolve and monitor a broad and diverse range of financial, operational and strategic issues. Responsible for the integrity of all financial information and reporting for area of responsibility. Essential Functions: Our Trinity Health Culture: Knows, understands, incorporates & demonstrates our Trinity Health Mission, Values, Vision, Actions & Promise in behaviors, practices & decisions. Leadership • Providing advice, guidance, and leadership to RHM and Market/Ministry leaders in developing strategies and in the achievement of performance goals. • Enable Collaboration across and within Service Area, RHM, and Markets to ensure consistency and integration of strategy and operations. Direction and Growth • Providing advice, guidance, and leadership to Service Area function, RHM, and Markets. • Leading standardization/systemness and optimization of policy, process, methodology, establishing a national community of practice • Oversee Vendor/Contract Labor Management including centralizing strategy and optimizing spend Strategic Support & Accountability • Collaborates in system-wide strategy development and deployment of functional area priorities and initiatives • Responsible for supporting regional efforts to comply with functional area priorities • Accountable for the selection, evaluation, and overall success of the functional leadership teams • Organization-wide focal point for establishing functional strategies and governance over financials and staffing • Accountable for communication between Service Area function, RHM, and Markets leader. Operational Delivery • Implement and drive the financial strategies for the service area • Responsible for measuring and reporting KPIs/metrics and value delivery • Providing advice, guidance, and leadership for the colleague life cycle Maintains a working knowledge of applicable Federal, state & local laws/regulations, Trinity Health Integrity & Compliance Program & Code of conduct, as well as other policies & procedures in order to ensure adherence in a manner that reflects honest, ethical & professional behavior. Minimum Qualifications: Finance Leader A Bachelor’s degree in Business Administration, Accounting or Finance, or related field required. Ten years’ experience in financial management with progressively increasing responsibility and a minimum of five years’ experience as CFO, controller or finance director in a hospital setting or complex service organization is required. A personal presence which is characterized by a sense of honesty, integrity and caring with the ability to inspire and motivate others to promote the philosophy, mission, vision, goals, values and guiding behaviors of Trinity Health. Additional Qualifications (nice to have): A Master’s degree or Certified Public Accountant (CPA) is strongly preferred. Healthcare Financial Management Association certification desirable. Multi-hospital experience is strongly preferred with experience in working in a complex delivery system with a multi-specialty medical group and a Medicare Advantage health plan. Core Values: Reverence We honor the sacredness and dignity of every person. Commitment to Those Experiencing Poverty We stand with and serve those who are experiencing poverty, especially those most vulnerable. Safety We embrace a culture that prevents harm and nurtures a healing, safe environment for all. Justice We foster right relationships to promote the common good, including sustainability of Earth. Stewardship We honor our heritage and hold ourselves accountable for the human, financial and natural resources entrusted to our care. Integrity We are faithful to who we say we are. Vision As a mission-driven, innovative health organization, we will become a leader in improving the health of our communities and each person we serve. We will be the most trusted partner for life. Promise Statement: We Listen. We Partner. We Make it Easy. Our Actions: ▪ Listen to understand. ▪ Learn continuously. ▪ Keep it simple. ▪ Create solutions. ▪ Deliver outstanding service. ▪ Own and speak up for safety. ▪ Expect, embrace and initiate change. ▪ Demonstrate exceptional teamwork. ▪ Trust and assume goodness of intentions. ▪ Hold myself and others accountable for results. ▪ Communicate directly with respect and honesty. ▪ Serve every person with empathy, dignity and compassion. ▪ Champion health equity and the common good. Our Commitment Rooted in our Mission and Core Values, we honor the dignity of every person and recognize the unique perspectives, experiences, and talents each colleague brings. By finding common ground and embracing our differences, we grow stronger together and deliver more compassionate, person-centered care. We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other status protected by federal, state, or local law. Trinity Health is one of the largest not-for-profit, faith-based health care systems in the nation. Together, we’re 121,000 colleagues and nearly 36,500 physicians and clinicians caring for diverse communities across 27 states. Nationally recognized for care and experience, our system includes 101 hospitals, 126 continuing care locations, the second largest PACE program in the country, 136 urgent care locations, and many other health and well-being services. Based in Livonia, Michigan, in fiscal year 2023, we invested $1.5 billion in our communities through charity care and other community benefit programs. For more information, visit http://www.trinity-health.org. You can also follow Trinity Health on LinkedIn.