Vice President Finance

Full Time
Grand Junction, CO 81501
Posted
Job description

Intermountain Healthcare and SCL Health, two leading nonprofit healthcare leaders, completed their merger in April 2022. Now known as Intermountain Health, we are creating a model health system that provides high-quality, accessible, and affordable healthcare for patients and communities in the western United States.



Intermountain Health’s Peaks Region serves Colorado, Montana, Wyoming and Kansas. The Vice President of Finance for St. Mary’s Medical Center leads all aspects of financial operations for the Care Site and related organizations.




You.



You bring your body, mind, heart and spirit to your work as the Vice President of Finance at St. Mary’s Medical Center.


You are equally comfortable with collaboration and providing leadership toward the achievement of financial and strategic goals.



You’re great at what you do, but you want to be part of something even greater. Because you believe that while individuals can be strong, the right team is invincible.




Us.



St. Mary’s Medical Center St. Mary’s Medical Center is the largest and most skilled, experienced, and capable hospital between Denver, Colorado, and Salt Lake City, Utah. Founded in 1896, St. Mary’s is a patient-centered, non-profit hospital and part of the SCL Health system. The hospital offers the broadest range of medical and surgical diagnostic and procedural services and is home to the highest level of acute care and clinically advanced services in the region. A responsible community citizen, St. Mary’s has consistently provided the largest investment in social health care and community infrastructure development since the region’s founding. With nearly 350 licensed beds and over 2000 associates, St. Mary’s is home to the most skilled, diverse, experienced, and technologically advanced health care available to the people and communities of western Colorado and eastern Utah. St. Mary’s received an “A” Safety Grade from The Leapfrog Group which announced the spring 2018 Leapfrog Hospital Safety Grades, focused on how safe hospitals keep their patients from errors, injuries, accidents and infections.



Benefits are one of the ways we encourage health for you and your family. Our generous package includes medical, dental and vision coverage. But health is more than a well-working body: it encompasses body, mind and spiritual well-being. To that end, we’ve launched a Healthy Living program to address your holistic health. Healthy Living includes financial incentives, digital tools, tobacco cessation, classes, counseling and paid time off. We also offer financial wellness tools and retirement planning.



As an Executive, you will receive additional benefits including two times salary basic life insurance, as well as reimbursement for tuition, mobile phone, professional dues and subscriptions. We also offer financial wellness tools, retirement savings and deferred compensation plans, and an additional supplemental retirement plan for executives. To show our commitment to you and to assist with your transition into our organization, we may also offer a sign-on and relocation stipend and reimbursement when applicable.




We.



Together we’ll align mission and careers, values and workplace. We’ll encourage joy and take pride in our integrity.



We’ll laugh at each other’s jokes (even the bad ones). We’ll hello and high five. We’ll celebrate milestones and acknowledge the value of spirituality in healing.



We’re proud of what we know, which includes how much there is to learn.




Your day



The Vice President of Finance participates in the development of Intermountain Health policies and procedures and directs implementation of the work at the care site to ensure accurate and timely financial planning and reporting. Reporting directly to the Regional Vice President of Finance, Hospital Operations as well as the President of St. Mary’s Medical Center, the Vice President of Finance is an integral member of the Senior Leadership Team, and provides oversight, direction, and consultation for St. Mary’s Medical Center’s financial performance.



As the Vice President of Finance, you will:



  • Assume primary site responsibility for controlling assets and directing budgetary accountability. This position also shares matrixed oversight of the following departments: Health Information Management, Managed Care, Patient Access, Plant Services, and Supply Chain Management.
  • Work collaboratively and proactively with Intermountain Healthcare Accounting to ensure the general books of account of St. Mary’s Medical Center are correct and accurate, consistent with Intermountain Health policies and procedures, and generally accepted accounting principles (GAAP). Address the application of GAAP through the System Chief Accounting Officer, as necessary to assure consistency.
  • Ensure the financial and business transactions of St. Mary’s Medical Center conform to the Intermountain Health Responsibility and Authority Matrix, and all applicable laws, policies, and procedures.
  • Oversee the internal control processes and support all aspects of financial accounting and management. Provide appropriate reporting to leadership of any deficiencies. Complete, verify, and execute quarterly stewardship checklist.
  • Support activities of internal and external audit as necessary.
  • Study general economic, business, and financial conditions and regulatory changes, and assess their impact on the organization’s policies and operations and advise leadership as necessary.
  • Lead successful strategy, productivity, cost containment and revenue growth.
  • Lead local patient access and patient accounts in partnership with the Intermountain VP of Revenue Cycle; coordinates care site activities impacting revenue cycle operations.
  • Coordinate and maintain purchasing programs that are consistent with, and supportive of Intermountain Health programs.
  • Maintain effective working relationships with representatives from third party payers. In conjunction with System Managed Care staff, oversee regular renewal and negotiation of managed care contracts.
  • Coordinate / review with System VP of Finance, System Managed Care staff and legal staff, as appropriate.
  • Participate in system- and affiliate-level task forces and work groups as directed by the care site President or Regional VP of Finance, Hospital Operations. Actively participate in the Intermountain Healthcare VP, Finance Council.
  • Provide primary financial oversight for St. Mary’s Medical Center joint ventures and affiliations


Your experience



We hire people, not resumes. But we also expect excellence, which is why we require:



  • Bachelor’s Degree in Accounting, required
  • Master’s Degree in business administration, finance, or other related field, preferred
  • CPA license, preferred
  • Minimum of ten (10) years of total experience in healthcare finance, required
  • Five (5) years of demonstrated experience in a senior-level finance position in a healthcare organization, required
  • Two (2) years of demonstrated experience within a finance control position, within a healthcare organization, and demonstrated knowledge and experience with revenue cycle operations within a healthcare organization, required


Your next move



Now that you know more about our team, we hope you’ll join us. At SCL Health, now Intermountain Health, you’ll reaffirm every day how much you love this work and why you were called to it in the first place.

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