Vice President Of Finance

Rumcsi; New York (NY); On-site; USD 225,000 - 275,000; Full time

Job summary

Richmond University Medical Center seeks a senior financial leader to guide FP&A, accounting, and reporting for hospital operations. You will partner with the CFO and executive team to shape strategies, optimize capital and operating plans, and deliver insightful analyses to support decisions.

You will oversee budgeting, forecasting, modeling, and compliance, ensuring GAAP adherence and strong internal controls across departments. Experience in healthcare finance is essential.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• MBA or MHA preferred.
• CPA certification is required or preferred.
• Minimum 10 years of progressive financial leadership experience.
• 7+ years in healthcare or hospital finance environment.

Responsibilities

• Partner with the CFO and executive leadership to develop financial strategies.
• Provide financial analysis, modeling, and recommendations for strategic initiatives.
• Support cash flow forecasting, scenario analysis, and financial monitoring.
• Present results to executive leadership, committees, and the Board of Trustees.
• Oversee annual operating and capital budgeting; direct monthly forecasting.
• Coordinate external audits and regulatory filings.

Skills

Healthcare finance

Financial modeling

Leadership

Communication

Strategic planning

Education

Bachelor's degree in Accounting or Finance

MBA or MHA preferred

Tools

ERP systems

Payroll platforms

Budgeting systems

Advanced Excel

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

Day Shift - 7.5 Hours (United States of America) Financial Leadership & Strategy

• 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.

Financial Planning & Analysis (FP&A)

• 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. Responsibilities reflect RUMC FP&A leadership expectations for budgeting, forecasting, variance analysis, modeling, decision support, and executive reporting.

Accounting & Financial Reporting

• Direct all 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 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 all financial reporting.

Accounts Payable

• 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 AP workflows and automation opportunities.

Payroll

• 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.

Compliance, Audit & Controls

• 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.

Leadership & Team Development

• 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.

Qualifications

Education

• Bachelor's degree in Accounting or Finance.
• Master's degree in Business Administration (MBA), Healthcare Administration (MHA), Finance, or related discipline preferred.

Certifications

• Certified Public Accountant (CPA).

Experience

• Minimum of 10 years of progressive financial leadership experience.
• Minimum of 7 years in a healthcare or hospital finance environment.
• Demonstrated experience leading Accounting, FP&A, Payroll, and Accounts Payable functions.
• Experience working in complex hospital systems, academic medical centers, or integrated healthcare delivery organizations preferred.
• Experience interacting with executive leadership, finance committees, and governing boards.

Knowledge, Skills & Abilities

• Comprehensive knowledge of healthcare finance, reimbursement, budgeting, forecasting, and financial reporting.
• Strong understanding of GAAP, internal controls, audits, and regulatory compliance.
• Expertise in hospital operations and financial performance improvement.
• Advanced financial modeling, analytical, and decision-support capabilities.
• Proven leadership and team-building skills.
• Excellent written, verbal, and presentation skills.
• Ability to translate complex financial information into actionable recommendations for operational and clinical leaders.
• Proficiency with ERP systems, payroll platforms, budgeting systems, and advanced Excel applications.

Salary Range: $225K - $275K

Employment Non-Discrimination: Richmond University Medical Center is committed to equality of opportunity in all