Executive Vice President, Chief Financial Officer

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Sanford Health is one of the largest and fastest-growing not-for-profit health systems in the United States. We're proud to offer many development and advancement opportunities to our nearly 50,000 members of the Sanford Family who are dedicated to the work of health and healing across our broad footprint.

Facility: Sanford Center Building

Location: Sioux Falls, SD

Address: 2301 East 60th St N, Sioux Falls, SD 57104, USA

Shift: 8 Hours - Day Shifts

Job Schedule: Full time

Weekly Hours: 40. 00

Job Summary

Reporting directly to the chief executive officer, the chief financial officer (CFO) is a key member of the organization s senior management decision-making team. He or she will oversee finance, treasury (including investment management, debt management, and cash management), and financial reporting in an effort to maintain the organization s credit rating and the highest level of financial and compliance integrity. The CFO is also accountable for the revenue cycle, managed care contracting, and strategic planning. He or she will act as Sanford Health s liaison to all financial entities external to the organization and provide executive leadership for a robust group of employees. The CFO will also play a leadership role in strategic initiatives and in ensuring that proper policies and controls are in place to protect the financial stability of the organization. Standardization of financial systems and structures, including long-range financial plans, budgets, financial reporting, accounting, and reimbursement, as well as policies and procedures, to ensure that the value of the system is maximized.

Management of the organization's balance sheet to ensure that the value to the communities served is maximized and that its credit rating is maintained.

Assist with the development of the health system's growth and non-core balance sheet optimization, including setting targets, assisting in mergers and acquisitions, partnership development and implementation, and, as appropriate, divestitures.

Serving as a management liaison to the Audit and Compliance and Finance and Investment committees and providing management support to the board of trustees.

Developing timely and accurate reports for the board of trustees and senior management that analyze and report upon financial performance, community benefit performance, and the requirements of bondholders, rating agencies, and other interested external parties.

Providing oversight of the financial performance of operating units, monitoring trends and performance as they relate to maintaining financial standards for all corporations, and developing and executing corrective action plans as needed.

Exercising a lead role in the review and approval of annual budgets and long-range forecasts for service areas, consistent with the health system's strategies and objectives, by managing to appropriate financial benchmarks and reporting indicators to ensure that performance is at or above budget.

Working collectively with multiple management teams to provide leadership and direction to achieve the organization's mission and operating principles in a way that reflects its core values and, in concert with the president/CEO, ensuring that the policies of the board of trustees are implemented.

Keeping abreast of, and ensuring that staff is aware of, regulations, federal congressional actions and deliberations, and state and local decisions influencing fiscal management of the healthcare organization.

Overseeing the organization's investment portfolio and developing a sound investment strategy.

Promoting, in a positive manner, the philosophy, mission, and values of the health system throughout its regions and with all affiliated organizations.

Holding direct reports accountable for achieving plans and performance targets, working with them to identify and resolve issues and problems affecting their areas, and providing them with counsel, guidance, and direction as appropriate; facilitating the involvement of staff and others with the required skills and expertise as needed.

Promoting a climate of support for the organization's employees and encouraging the professional growth and development of its leaders.

Qualifications

Master of Business Administration (MBA), Master of Health Administration (MHA), or a master s degree in a related field.

A minimum of ten years of broad industry and financial management experience is preferred, which reflects progressive growth in financial leadership in a well-managed healthcare organization. He or she should have a balanced and thorough understanding of the financial, operational, and human dimensions, with prior responsibility for treasury services, balance sheet management, capital financing and debt management, financial and business improvement strategies and plans, and management of relevant business risks. Additionally, the executive must possess direct experience working with and/or leading a health plan and have experience overseeing an investment portfolio.

Certified Public Accountant (CPA) preferred.

Benefits

Sanford Health offers an attractive benefits package for qualifying full-time and part-time employees. Depending on eligibility, a variety of benefits include health insurance, dental insurance, vision insurance, life insurance, a 401(k) retirement plan, work/life balance benefits, and a generous time off package to maintain a healthy home-work balance. For more information about Total Rewards, visit .

Sanford is an EEO/AA Employer M/F/Disability/Vet. If you are an individual with a disability and would like to request an accommodation for help with your online application, please call 1- or send an email to .

Sanford Health has a Drug Free Workplace Policy. An accepted offer will require a drug screen and pre-employment background screening as a condition of employment.

Req Number: R-

Job Function: Leadership

Featured: No