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Vice President Finance Support Svcs
- Baystate Health (Springfield, MA)
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Job Responsibilities:
**1)** Financial Operations
Overall responsibility for the oversight and direction of the financial operations including financial reporting and accounting. These functions include the general ledger, accounts receivable and contractual allowances/reserves, accounts payable, payroll, tax reporting and grant accounting, property plant and equipment; management of financial information services and reporting insuring liaisons to the operating areas with regard to these services. Responsibilities include the preparation of monthly, quarterly and annual financial statements at both an entity and consolidated basis. Operational financial work involves many entities including BMC, the three community hospitals, BMP, BH, BVNAH, BAS, and IC, Consolidation work aslo includes HNE and BHIC.
**2)** Treasury Services
Maximize available cash and investment balances, and related investment returns; minimize the financing costs associated with external debt. Duties include oversight and fiduciary responsibility for approximately $2.5B in investment funds including Operating, Long Term, Endowment, Pension (DB and DC), and insurance company funds for HNE and BHIC. Responsible for Operating, Long Term and Endowment pooled funds with multiple entities participating. Responsible for the development of internal system controls safeguarding investments. Includes cash management, bank reconciliations, and pension fund reporting.
**3)** Support and liaison to all the critical BH committees including the Audit and Compliance, Finance and Investment Committees. Support to BH and other entity Boards of Trustees. Active in oversight and financial support of BHIC and Baycare. Active member of the Retirement Advisory Committee and Health plan Advisory Committees.
**4)** Provide leadership and financial management direction for all BH sites including treasury services, financial reporting and accounting and governmental and regulatory reporting.
**5)** Support of the annual budgeting process, the preparation and analysis of the monthly financial statements including internal and external reporting (management performance reports, federal and state cost reports, etc.), and detailed variance analysis for all functional areas
**6)** Completion of all Federal and State Income Tax and Informational Tax Returns (990’s, 1120, etc.) Also complete all federal reporting such as payroll W-2's and accounts payable 1099's.
**7)** Preparation and analysis of periodic liquidity and cash flow projections, and other financial analyses and projections as needed.
**8)** Maintenance of the BH Corporate fixed asset records; establishes policy related to the procurement/disposal of all property, plant and equipment; calculation of monthly/annual depreciation expense; calculation of the gain/loss on the disposal of assets.
**9)** Support the periodic rating agency review process through the preparation of needed financial and statistical information.
**10)** Support the periodical audit process for the financial statements, pension plans, grant reporting and Medicare and other audits as required.
**11)** Strive to innovate and reduce the cost of the operations for the assigned areas as well as consulting on other areas in the system. Enhance the efficiency of the operations and the value of reports and output to internal and external customers.
**12)** On an interim basis (6-12 months) the BMP Finance Director role and the related functions (budgets & financial analysis) will report to role while Finance Division restructures under new CFO leadership
Required Work Experience:
10+ years of experience in a leadership position in financial support services.
Skills and Competencies:
Demonstrated success in supporting strategic business plans, collaborating with operations management in developing innovative support systems and applying superior technical expertise to enhance the efficiency and effectiveness of the financial support team.
You Belong At Baystate
At Baystate Health we know that treating one another with dignity and equity is what elevates respect for our patients and staff. It makes us not just an organization, but also a community where you belong. It is how we advance the care and enhance the lives of all people.
DIVERSE TEAMS. DIVERSE PATIENTS. DIVERSE LOCATIONS.
Education:
Bachelors Degree (Required)
Certifications:
Certified Public Accountant - OtherOther
Equal Employment Opportunity Employer
Baystate Health is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, ancestry, age, genetic information, disability, or protected veteran status.
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