Akron Children's Hospital

Onsite

Summary:

The Vice President Finance (VP) will oversee the controllership and treasury functions for Akron Children's. This role includes leadership over financial reporting in accordance with generally accepted accounting principles (GAAP), tax compliance & reporting, treasury management, accounts payable, payroll, insurance, debt financing & compliance, and other related areas. The VP will leverage technology to improve efficiency and accuracy of accountable area. The leader will be a strategic thought partner and trusted advisor to the executive leadership team.

Responsibilities:

1. Lead and mentor the team, fostering a culture of excellence & collaboration along with achieving organizational goals and expectations.
2. Directs and develop accounting policies, practices, procedures, training, and initiatives in accordance with GAAP, management information needs, grant/donor requirements, risk-based assessment and internal controls.
3. Advises management of changes in accounting regulations or practices that may impact operations and reporting, with recommended direction where multiple options exist.
4. Manage and oversee the relationship with independent auditors, and external independent audits for the organization.
5. Oversee treasury functions, such as cash management, investment activities, relationships with financial institutions, and maintenance of compliance with covenants.
6. Partnering with CFO, optimize balance sheet management by setting strategy regarding debt targets, asset/liability objectives, and overall debt structure.
7. Manages the process for issuance of debt and lease/buy decisions, including primary contact with counsel, financial advisors, credit providers, and underwriters.
8. Leads investor relations, including maintaining and developing strategic banking relationships, developing/dissemination of information to rating agencies, bond insurers, and bondholders.
9. Partners with Human Resources regarding compliance with regulations associated with various benefit plans and payroll, in particular IRS reporting, audits, investment management, and administrators/record keepers.
10. Oversee insurance program including, obtaining insurance policies for various coverages (e.g. property, excess liability, excess workers compensation, motor vehicle, ambulance, etc.), reporting, and captive management.
11. Ensure tax compliance with various government entities, inclusive of tax research and planning, reporting, payment, and advise on tax impact on organizational activities.
12. Strong problem solving, creativity, and ability to exercise sound judgment and make decisions based on accurate and timely analysis.
13. Builds strong, collaborative partnerships with operational finance, revenue cycle, human resources, facilities, information services, and other groups across the organization to facilitate effective reporting, compliance, and decisions.
14. Other duties as required.

Other information:

Education and Experience

1. Minimum Required: Bachelor’s degree in accounting and/or business or related field.
2. Preferred/Optional: Master’s degree.
3. Minimum Required: Ten years progressive management and leadership experience associated with organization controllership and treasury functions.
4. Preferred Experience: Experience with integrated non-profit healthcare providers.
5. Certifications (required): Certified Public Accountant

Working conditions

1. While performing the duties of this job, the employee is regularly required to lift, walk, stand, sit, bend, reach with hands and arms, climb, push/pull, use hands, and see, hear, and speak.
2. The employee must occasionally lift and/or move up to 50 pounds.
3. The noise level in the work environment is usually quiet to moderate.
4. This position is performed in office, home office and/or community settings, five days a week with typical work hours being 8.00 a.m. through 5:00 p.m.; work hours may include evenings and weekends.

Full Time

FTE: 1.000000

Status: Onsite