Job Description

Job Description

POSITION SUMMARY

The Vice President of Finance and Chief Financial Officer (CFO) for Ambulatory Services must have the requisite skills and characteristics to be both an advisor and partner with key stakeholders across the Johns Hopkins Health System and Johns Hopkins Medicine enterprise including appropriate Boards and Finance Committees. As a key member of the executive team, the CFO will provide functional and business leadership through financial acumen and strategic experience. The CFO will work as a peer with healthcare executives and functional heads, developing, overseeing, and tracking strategic and operational plans and results; suggesting improvements; and re-examining assumptions as needed. At the enterprise level, the CFO may lead initiatives to implement best practices, consolidate operations, influence allocation of resources, manage costs, and improve revenues. As such, the CFO will bring strong persuasive, collaborative, and influencing skills forward.

Key aspects of the role include:

1. Serves as a strategic thought partner to support all financial leadership activities proactively advises stakeholders on relevant factors impacting financial performance
2. Works closely with and as part of the broader executive finance team reporting across Johns Hopkins Medicine
3. Oversees the administration, planning, and coordination of Ambulatory Care financial activities
4. Participates in and influences institution-wide financial planning and decision-making, leveraging financial expertise and knowledge of best practices in a way that is consistent with and supportive of the overall mission, vision, and strategy of the affiliate sites, the Johns Hopkins Health System (JHHS), and Johns Hopkins Medicine (JHM)
5. Drives efficient and effective delivery of financial services, acting as a catalyst for change to ensure the needs of service lines and leaders are aligned and fulfilled including fiscal management, capital planning, contract management, and executing strategic initiatives
6. Develops the workforce of the future, hiring team members and accelerating performance through clear expectations and goal setting and ensuring that career conversations, succession planning, and development plans are embedded in the work culture

REPORTING RELATIONSHIP: Reports directly to Vice President Corporate Finance, Johns Hopkins Health System

KEY RESPONSIBILITIES

The Vice President of Finance and Chief Financial Officer for Ambulatory Services will have a broad set of responsibilities that will encompass the following:

1. Plans, develops, and provides financial oversight of the JHHS ambulatory sites, including Johns Hopkins Community Physicians, Johns Hopkins Regional Physicians, Johns Hopkins Ambulatory Surgery Center Series, and Johns Hopkins Care at Home
2. Works closely and collaboratively with senior leadership, clinical, and administrative colleagues to provide leadership in the identification and implementation of performance improvement initiatives across areas of responsibility to help drive improved patient safety and satisfaction, as well as cost savings and efficiencies
3. Cultivates, nurtures, and builds strong relationships across the JHM eco-system and helps develop metrics and measures to monitor, track, and maintain the positive impacts of key initiatives
4. Advises leaders across the enterprise to help develop and manage operating and capital budgets
5. Leads month-end and quarter-end financial close activities relative to their areas of responsibility
6. Collaborates with peers and business leaders (i.e. revenue cycle, supply chain, contracting and payer relations, and financial and accounting services) to establish and coordinate service line initiatives as appropriate
7. Assists affiliate leaders in real time, serving as a key partner to the executive team
8. Drives performance improvement within the ambulatory enterprise; aligns with shared services across JHHS and JHM to ensure actions are taken and plans are made, in context of the greater good, with transparency and mutual accountability
9. Provides oversight of the financial performance of all aspects of the ambulatory business; monitors trends and performance and develops corrective action plans as needed. Ensures that affiliate Presidents and the JHHS Vice President of Corporate Finance are provided with accurate and timely financial and statistical information – as well as any systemwide reports -- regarding all subsidiaries assigned to the CFO. Appropriately escalates areas of concern

EXPERIENCE & QUALIFICATIONS

1. CPA or Master’s Degree in Accounting, Finance, Business or related field required.
2. Minimum ten years’ experience in Business and Financial Planning as well as program development in complex environment. Physician practice management experience desirable
3. Experience in a large academic health system preferred
4. Sitting CFO experience highly preferred
5. Significant senior management experience in healthcare financial planning, budget management, financial reporting, general accounting, financial controls, and information systems, or equivalent
6. Knowledge of current physician and ambulatory reimbursement and clinical issues confronting complex healthcare organizations
7. Demonstrated success serving in a complex, multi-stakeholder environment
8. Experience with capital budgeting, FP&A/operational finance, financial control, and reporting
9. Advanced knowledge of budget development, control and evaluation, financial forecasting, planning and analysis

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