Description

Every day, over 30,000 Hartford HealthCare colleagues come to work with one thing in common: Pride in what we do, knowing every moment matters here. We invite you to become part of Connecticut's most comprehensive healthcare network.

Hartford HealthCare, with a total operating revenue of $5B, leverages its unified culture to enhance access, affordability, equity and expertise. Its care-delivery system, with more than 400 locations serving 185 towns and cities, includes two tertiary-level teaching hospitals, an acute-care community teaching hospital, an acute-care hospital and trauma center, three community hospitals, the state's most extensive behavioral health network, a large multispecialty physician group, a clinical care organization, a regional home care system, Connecticut's largest array of senior care services, and a comprehensive physical therapy and rehabilitation network. On average, Hartford HealthCare touches more than 17,000 lives every single day. The unique, system-wide Institute Model offers a unified high standard of care in crucial specialties at hospital and ambulatory sites across Connecticut. The Institutes include Cancer, Heart and Vascular, Ayer Neuroscience, Orthopedics and Tallwood Urology.

Position Summary:
The Vice President of Budget and Financial Planning, under the direction of the Senior Vice President - Financial Operations, has enterprise responsibility for the oversight of Hartford HealthCare's annual consolidated budget, monthly updates to projection of the current year results, and preparation of the financial components of the organization's Integrated Financial, Operational and Strategic plan. The ideal candidate will maintain a broad and strategic vision, while working with leadership in a highly collaborative environment on key business, financial, operational, and strategic matters and special initiatives.

Key Accountabilities:

• Supports the development of strategic business and/or operational plans, projects, programs, and systems as appropriate to the objectives of the organization.

• Supports strategic initiative plan development and is a key financial member that determines validity of financial information in strategic plan initiatives presented to the Strategic Initiatives Committee, through participation in Strategic Initiatives Preparation Meetings.

• Works with operators and members of the Strategy team to monitor and evaluate program and Strategic Initiative effectiveness against specific plans. Recommends modifications to plan and future plans based on learnings.

• Directs development and interim updating of five-year Financial Framework and related annual capital plan. In addition, provides oversight to team that provides reporting and control activities to annual capital plan expenditures and tracks approved modifications throughout the year.

• Presents meaningful and concise financial information and recommendations to the Executive Leadership Team, System Finance and, where appropriate through Business Unit Reviews.

• Partners with Regulatory team in development of financial components for any Certificate of Need (CON) submissions; Directs the preparation of financial information for HHC level CONs, including various holding companies.

• Collaborates with the Hartford HealthCare Reimbursement team in preparation of annual governmental revenue budgets.

• Represents Hartford HealthCare and its Directors and Officers, in organizational financial affairs, including the presentation of financial results and complex industry and regulatory issues impacting the organization and its related entities. Accountable in conjunction with Operations and Strategic leaders for the content and professionalism of the organization's business plans.

• Supports the system Senior Vice President - Finance Operations to report financial performance to senior management; Prepares or directs preparation of various reports which summarize Business Unit's financial performance.

• Oversees the supervision of assigned colleagues, which includes work allocation, training and problem resolution; evaluates performance of assigned colleagues; motivates colleagues to achieve peak productivity and performance.

Qualifications

• Bachelors in Finance, Accounting or related field required. Masters in Finance or related field strongly desired.

• Minimum of 10 years progressive healthcare system-level/corporate finance experience preferred.

• Thorough knowledge and demonstrated financial management skills for healthcare operations to include: budgeting and planning, productivity monitoring, cost accounting and financing. Basic understanding of reimbursement and regulatory environment.

• Excellent relationship, oral and written communication, persuasion, negotiation and presentation skills. The incumbent must be able to articulate factual and advisory information to all levels of staff, executives, the board of directors, and others, and garner related support.

• Strong financial, analytical, cost control, organizational and critical thinking skills necessary to conceptualize ideas in a fast-paced, dynamic and multifunctional environment requiring creativity, innovation, foresight, and mature judgment.

• Visible leader with excellent interpersonal communication skills who relates well with all levels of the organization.

• Creative problem-solver with the willingness to take the initiative in leading change as well as the ability to effectively manage change.