Associate Vice President, Market Finance

Baptist Health; Paducah (KY); On-site; USD 140,000 - 220,000; Full time

Benefits offered by this job

Tuition Assistance

Maternity/Paternity Leave

Bereavement Leave (pets)

Paid Time Off

Employee Assistance Program

Retirement Plans with Company Match

Job summary

Baptist Health Paducah seeks an Associate Vice President, Market Finance to direct financial operations for the assigned Market(s) and support leadership in achieving budget targets.

The role involves leading forecasting, budgeting, and financial strategy, with partnership across market leadership and system planning to drive performance and investments.

Qualifications

• Bachelor's degree in Finance, Accounting, Analytics, Business or related field.
• 7 years of job-related experience is required.
• Healthcare finance experience preferred.

Responsibilities

• Direct the market's financial and operational performance management processes.
• Lead development of rolling forecasts and long-range financial plans.
• Coordinate annual operating and capital budgets with market leadership.
• Collaborate with system planning to align priorities and investments.

Skills

Financial leadership

Forecasting

Budgeting

Strategic planning

Education

Bachelor's degree in Finance, Accounting, Analytics, Business or related field

Master's degree (preferred)

Job description

Summary

Responsible for directing financial operations of assigned Market(s), including supporting market senior and department leadership with overall financial accountability in achieving approved budget targets.

Job Description

Associate Vice President, Market Finance

Baptist Health Paducah

As a member of the market senior leadership team, the Associate Vice President is responsible for directing financial strategy and operations of assigned Market(s), including supporting market senior with overall financial strategy and performance.

Essential Functions

• Leads market financial and operational performance management processes, including accountability review meetings with senior operating and finance leadership, Monthly Operating Advance (MOA) meetings, management reporting activities, month-end reviews, variance documentation, and collaboration with the System Performance Advisory Office (PAO) to drive achievement of financial, labor, throughput, service line, and cost reduction targets.
• Directs market governance and resource optimization initiatives, including discretionary spend, position control, and capital review and approval processes, while leading special projects and ad hoc assignments in support of regional finance and operational objectives.
• Provides strategic financial leadership for the market by leading the development of rolling forecasts, long-range financial plans, and capital projections; partnering with market leadership to establish key operational and financial assumptions; and collaborating with the System Strategic Financial Planning team to align market priorities, growth initiatives, and investment strategies with overall system objectives.
• Leads compilation of annual operating and capital budgets, including working with market leadership to develop key volume assumptions, revenue rate assumptions, expense inflation assumptions, labor targets and other budget initiatives.

Requirements

• Bachelor's degree in Finance, Accounting, Analytics, Business or related field
• 7 years of job-related experience is required
• Additional Healthcare experience in public accounting, accounting, budgeting, financial may be substituted in lieu of the required Bachelor's degree

Preferred Requirement

• Master's degree is preferred.
• Healthcare finance experience preferred
• Director level or above experience is preferred

Benefits

• Tuition Assistance reimbursement program
• Company paid Maternity and Paternity leave
• Bereavement Leave (includes pets)
• Paid Time Off available upon hire
• Employee Assistance Program
• Retirement plans with company match

Baptist Health is an Equal Employment Opportunity employer.