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Richmond University Medical Center

Staten Island hospital and medical care

Vice President of Finance

Full-Time
$225k - $275k
Expert
Bachelor's, Master's, MBA
Staten Island, NY, USA
In Person
Finance & BankingCorporate Finance & FP&A

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.
  • Demonstrated experience leading Accounting, FP&A, Payroll, and Accounts Payable functions is required.
  • Experience interacting with executive leadership, finance committees, and governing boards is required.
  • Comprehensive knowledge of healthcare finance, reimbursement, budgeting, forecasting, and financial reporting is required.
  • Strong understanding of generally accepted accounting principles (GAAP), internal controls, audits, and regulatory compliance is required.
  • Expertise in hospital operations and financial performance improvement is required.
  • Advanced financial modeling, analytical, and decision-support capabilities are required.
  • Proficiency with ERP systems, payroll platforms, budgeting systems, and advanced Excel applications is required.
  • Strong leadership and team-building skills are required.
  • Excellent written, verbal, and presentation skills are required.
  • Ability to translate complex financial information into actionable recommendations for operational and clinical leaders is required.
Responsibilities
  • Partner with the CFO 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 GAAP, healthcare accounting standards, and applicable regulatory requirements.
  • Maintain 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 employee compensation.
  • Establish and maintain payroll controls and compliance with applicable laws and regulations.
  • Partner with Human Resources on 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 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, FP&A, 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 (MBA), Healthcare Administration (MHA), Finance, or a related discipline is preferred.
  • Experience working in complex hospital systems, academic medical centers, or integrated healthcare delivery organizations is preferred.

About the company

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Richmond University Medical Center

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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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