Full time
POSITION PURPOSE
The Vice President, Financial Operations and Budget will be based out of Livonia, MI, or a designated Trinity Health location.
This role will provide executive financial leadership and direction to drive ministry, system office and shared services financial operations financial stewardship. Partners with the Chief Financial Officer to guide the strategic financial direction of Trinity Health, leading the financial operations, decision support and planning functions with a focus on improving the system’s financial performance and key balance sheet indicators and development and achievement of short and long-term financial goals.
ESSENTIAL FUNCTIONS
Knows, understands, incorporates and demonstrates the mission, vision and values of Trinity Health in leadership behaviors, practices and decisions.
Primary accountability for development and consolidation of Annual Plan and forecast including development of short-term and long-term financial targets.
Drives standardization and implementation of best practice financial planning and operations processes.
Monitors performance and leads development and implementation of financial improvement initiatives.
Provides financial leadership and oversight to System Office and Shared Services executive leadership through effective annual and long-term planning, cost controls, operating and capital budget development and implementation of financial plans. Effectively supports the services and resources provided to Ministries.
Implements and maintains cost accounting system and standards.
Develops and supports strategic and financial analytics of complex business cases including service line, capital, M&A and other transactions for executive leadership and governance. Works in collaboration with and provides guidance to executive leadership to address, interpret, resolve, and monitor a broad and diverse range of financial operational and strategic issues.
LEADERSHIP COMPETENCIES
As a Trinity Health Executive, the incumbent is expected to demonstrate leadership traits which support our Mission Statement and Core Values as identified below:
Mission Statement: We, Trinity Health, serve together in the spirit of the Gospel as a compassionate and transforming healing presence within our communities.
Core Values:
Vision
As a mission-driven, innovative health organization, we will become a leader in improving the health of our communities and each person we serve. We will be the most trusted partner for life.
Promise Statement
We Listen. We Partner. We Make it Easy.
Our Actions
Listen to understand.
Learn continuously.
Keep it simple.
Create solutions.
Deliver outstanding service.
Own and speak up for safety.
Expect, embrace and initiate change.
Demonstrate exceptional teamwork.
Trust and assume goodness of intentions.
Hold myself and others accountable for results.
Communicate directly with respect and honesty.
Serve every person with empathy, dignity and compassion.
Champion diversity, equity, and inclusion.
MINIMUM QUALIFICATIONS
A broad-based knowledge of finance, the health care industry, financial and business planning and budgeting which is normally obtained through a Master’s degree in Business Administration and a minimum of ten (10) years of progressive financial leadership experience.
Must be comfortable operating in a collaborative, shared leadership environment.
Must possess a high level of analytical and conceptual ability, strong creativity and the ability to develop and interpret financial statements and reports is necessary.
Must possess a working knowledge of generally accepted accounting principles, an understanding of third-party reimbursement and financial planning analysis and modeling tools is necessary.
Must possess an understanding and ability to handle both formal and informal organizational structures.
Must demonstrate the ability to provide leadership and motivate and influence others to achieve results with and without direct line accountability. High degree of confidence and energy level coupled with leadership initiative and a results-oriented approach to management.
Must possess strong written and verbal communication skills in order to communicate in clear, concise terms to management and governance at all levels.
Must be able to operate effectively in a collaborative, shared leadership environment.
Must possess a personal presence which is characterized by a sense of honesty, integrity and caring with the ability to inspire and motivate others to promote the philosophy, mission, vision, goals and values of Trinity Health.
PHYSICAL AND MENTAL REQUIREMENTS AND WORKING CONDITIONS
Must be able to adapt to frequently changing work priorities.
Must be able to travel as needed to the various Trinity Health sites.
The above statements are intended to describe the general nature and level of work performed by people assigned to this classification. They are not to be construed as an exhaustive list of duties so assigned.
Our Commitment to Diversity and Inclusion
Trinity Health is one of the largest not-for-profit, Catholic healthcare systems in the nation. Built on the foundation of our Mission and Core Values, we integrate diversity, equity, and inclusion in all that we do. Our colleagues have different lived experiences, customs, abilities, and talents. Together, we become our best selves. A diverse and inclusive workforce provides the most accessible and equitable care for those we serve. Trinity Health is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by law.
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