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Richmond University Medical Center

Staten Island hospital and medical care

Vice President of Finance

Corporate Finance & FP&AConfirmed live in the last 24 hours
Full-timeStaten Island, NY, USA$225k - $275kIn-person

About the Job

Requirements

  • A bachelor's degree in Accounting or Finance is required.
  • A Certified Public Accountant (CPA) certification is required.
  • At least 10 years of progressive financial leadership experience is required.
  • At least 7 years of experience in a healthcare or hospital finance environment is required.
  • Experience leading Accounting, Financial Planning and Analysis, Payroll, and Accounts Payable functions is required.
  • Candidates must have comprehensive knowledge of healthcare finance, reimbursement, budgeting, forecasting, and financial reporting.
  • Candidates must have a strong understanding of generally accepted accounting principles, internal controls, audits, and regulatory compliance.
  • Candidates must have expertise in hospital operations and financial performance improvement.
  • Candidates must have advanced financial modeling, analytical, and decision-support capabilities.
  • Candidates must be able to translate complex financial information into actionable recommendations for operational and clinical leaders.
  • Candidates must be proficient with enterprise resource planning systems, payroll platforms, budgeting systems, and advanced Excel applications.

Responsibilities

  • Partner with the Chief Financial Officer and executive leadership team to develop and implement financial strategies that support organizational objectives.
  • Provide financial analysis, modeling, and recommendations for strategic initiatives, service line growth, capital projects, and operational improvements.
  • Support long-term financial sustainability through cash flow forecasting, scenario analysis, and financial performance monitoring.
  • Present financial results and key performance indicators to executive leadership, committees, and the Board of Trustees.
  • Oversee the annual operating and capital budgeting process.
  • Direct monthly forecasting and variance analysis activities.
  • Develop financial models, business plans, and pro forma analyses for strategic initiatives.
  • Monitor volume, revenue, expense, labor, and productivity trends.
  • Ensure timely preparation of executive financial reports and dashboards.
  • Direct accounting operations, including general ledger, account reconciliations, month-end close, and financial statement preparation.
  • Ensure compliance with generally accepted accounting principles, healthcare accounting standards, and applicable regulatory requirements.
  • Maintain strong internal controls and accounting policies.
  • Oversee preparation of monthly, quarterly, and annual financial statements.
  • Coordinate external audits, Single Audits, cost reports, and regulatory filings.
  • Ensure accuracy and timeliness of financial reporting.
  • Oversee accounts payable operations and vendor payment processes.
  • Implement controls to ensure accuracy, compliance, and timely payment of obligations.
  • Monitor cash disbursements and working capital management.
  • Evaluate and improve accounts payable workflows and automation opportunities.
  • Provide executive oversight of payroll operations to ensure accurate and timely compensation for all employees.
  • Establish and maintain strong payroll controls and compliance with applicable laws and regulations.
  • Partner with Human Resources to ensure appropriate administration of compensation programs, deductions, and benefit-related payroll activity.
  • Support payroll process improvement initiatives and system enhancements.
  • Ensure compliance with federal, state, and local regulations affecting hospital finance operations.
  • Maintain effective internal control processes and financial governance practices.
  • Coordinate responses to auditors, regulatory agencies, and external reviewers.
  • Support financial compliance requirements related to Medicare, Medicaid, grants, and other governmental funding programs.
  • Lead and mentor directors, managers, and staff across Accounting, Financial Planning and Analysis, Accounts Payable, and Payroll.
  • Foster a culture of accountability, collaboration, and continuous improvement.
  • Establish departmental goals and performance expectations.
  • Support succession planning and professional development initiatives.

Desired Qualifications

  • A master's degree in Business Administration, Healthcare Administration, Finance, or a related discipline is preferred.
  • Experience working in complex hospital systems, academic medical centers, or integrated healthcare delivery organizations is preferred.
  • Experience interacting with executive leadership, finance committees, and governing boards is preferred.

About the Company

Richmond University Medical Center

Staten Island hospital and medical care

Richmond University Medical Center is a nonprofit teaching hospital and healthcare provider on Staten Island. It offers emergency, inpatient, surgical, behavioral-health, maternity, pediatric, diagnostic, primary, and specialty services. The medical center serves Staten Island residents through hospital departments, ambulatory locations, and community programs. Care delivery combines physicians, nurses, allied-health professionals, education, clinical support, and hospital operations. Its workforce spans medicine, nursing, behavioral health, imaging, laboratories, patient access, facilities, technology, and administration.

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