Sutter Health VP of Finance in Mountain View, California
Job Summary: Accountable for managing and directing all activities associated with the financial management, budgeting, compensation payout, business analysis, and financial planning for Palo Alto Foundation Medical group (PAFMG).A strategic leader who partners with the CEO and CAO at PAFMG in meeting the strategic, operational, and financial goals established for PAFMG and the Bay Area Foundation.
Oversee and direct the formulation of provider compensation programs to provide additional funding for new or continuing operations, to maximize return on investments for PAFMG and PAMF, and to increase physician productivity.
Oversee Accounting, Payroll, Physician Compensation, Treasury, , Financial Analysis, Decision Support, and other finance-related operations.
Assure that all monthly close, quarterly, annual and any other ad hoc reporting deadlines to PAMF and Sutter Health are met.
Serve as a leader representing PAFMG in the annual PSA negotiation with Palo Alto Medical Foundation (PAMF).
Serve as key staff and partner with the PAFMG Board Treasurer to PAFMG Finance Committee.
Serve as key staff and partner with the Chair of the PAFMG Compensation Committee.
Keep PAFMG leaders informed on the status of all financial matters relating to the PAFMG, PAMF, and Bay Area Region.
Lead the budgeting process for PAFMG and coordinate with PAMF, Bay Areas Region, and other key parties within Sutter Health regarding annual budgeting. Verify and assess budgeting process and work closely with PAMF and Sutter Health in setting capital budget targets.
Prompt monthly, quarterly, and annual financial reporting, analysis, and interpretation as required by the PAFMG board, government, and regulated agencies.
Oversee successful completion of annual audits with external auditors.
Serve as liaison to the PAFMG CPA for all tax related planning and matters.
Partner with PAFMG leadership to assess opportunities for new practice acquisition, new services development, and expansion plans to ensure the opportunities are aligned with the organization strategy.
In addition to the key accountabilities listed, employees working in this position are expected to accept and perform other duties as requested.
Required: Bachelor's in Accounting, finance or related field.
At least 10 years In a senior healthcarefinancial management position
Thorough knowledge ofmedical group, ambulatory, and hospital accounting and financial management,with demonstrated experience in managing general accounting, budgeting, payrolland accounts payable, and financial analysis.
Extensive knowledge ofgenerally accepted accounting principles (GAAP) and cost accounting principles.
Extensive knowledge ofcapitation accounting and reporting requirements and in-depth knowledge of thefinancial, patient care and revenue generating information systems, and how theiractivity feeds into the general ledger.
Working knowledge ofretirement benefits plans, professional liability and malpractice insurance,and self-insured benefits programs preferred.
Significant experience incomplex large multi-hospital/ medical group organizations.
Strategic planner andproblem solver who can successfully apply experience and appropriate judgementto deal with complex business situations.
Excellent oral and writtencommunication skills to work and communicate effectively with all levels ofmanagement both inside and outside the Finance area.
Previous Board levelpresentation experience.
Organization: Palo Alto Medical Foundation
Employee Status: Regular
Employee Referral Bonus: No
Position Status: Exempt
Job Shift: Day
Shift Hours: 8 Hour Shift
Days of the Week Scheduled: Monday-Friday
Weekend Requirements: Other
Schedule: Full Time
Hrs Per 2wk Pay Period: 80
All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, marital status, sexual orientation, registered domestic partner status, sex, gender, gender identity or expression, ancestry, national origin (including possession of a driver's license issued to individuals who did not present proof of authorized presence in the U.S.), age, medical condition, physical or mental disability, military or protected veteran status, political affiliation, pregnancy or perceived pregnancy, childbirth, breastfeeding or related medical condition, genetic information or any other characteristic made unlawful by local, state, or federal law, ordinance or regulation. External hires must pass a background check/drug screening. Qualified applicants with arrest and/or conviction records will be considered for employment in a manner consistent with Federal, state, and local laws, including but not limited to the San Francisco Fair Chance Ordinance.