What are the responsibilities and job description for the VP of Finance position at South Carolina Pediatric Alliance?
South Carolina Pediatric Alliance is looking for an experienced Vice President of Finances to join our esteemed team of professionals. The Vice President of Finance plans, leads, and directs events involving the Corporate Finance Department. In addition to recording meaningful and timely data to disseminate to the CEO, Owners, and Board Members to assist in decision-making. The Vice President ensures compliance with all state and federal regulations. This VP of Finance is responsible for securing internal financial controls that safeguard and protect SCPA assets.
Key Responsibilities
- Strong knowledge of accounting profit, loss, and balance sheet statements.
- Proficient and knowledgeable of the use of KPIs to determine and track trends.
- Develops monthly, quarterly, and annual financial reports/surveys/returns for internal and external constituents that are accurate, timely and compliant to support informed decision-making.
- Interfaces with operating departments and financial operations managers to evaluate budget variances to appropriately report forecasts.
- Manages ongoing relationships with external auditors and tax advisors to ensure accurate reports/returns are completed.
- Represents the division as a member of the leadership team to develop and monitor the system’s mission and values, strategic/operational plans, budgets, resource allocation, quality improvement and utilization management activities; culture champion/carry culture.
- Provides financial and analytical support to system wide strategic initiatives such as joint ventures, planning and construction projects, and acquisitions.
- Ensures compliance with internal policies and procedures, and all regulatory agency requirements and standards affecting the operations of the facilities.
- Manages ongoing compliance and monitoring of tax-exempt variable and fixed rate debt, including debt covenants, interest rate swaps, stand by purchase agreements, and remarketing agreements as well as relationships with credit rating agencies, bond underwriters, bond counsel, and lending institutions.
- Manages ongoing relationships with financial institutional partners (commercial banks, trustee banks, and investment banks).
- Collaborate with the Investment Office for appropriate transfer of funds, reporting on investment activity, unitized accounting of investment earnings and associated financial reporting.
- Supports the Owners and Board members of SCPA through the issuance of awards, review of submitted invoices, preparation of annual income tax returns and quarterly and annual reporting of available funds.
- Manages restricted funds (temporarily restricted and permanently restricted) to ensure assets are retained until the condition or time restriction is met and that funds are appropriately reported.
Experience
- At least 5 years of experience providing overall financial leadership in a pediatric clinic or doctor’s office is required.
- Healthcare provider or tax-exempt accounting experience is highly preferred.
- Experience with the issuance and management of tax-exempt bonds is preferred.
- Academic healthcare experience with significant research and teaching programs is preferred.
- Experience with an organization involved in significant fundraising activities, donor restricted funds (temporarily restricted, permanently restricted) and quasi-endowments are preferred.
- Public accounting experience is preferred.
Education
- A bachelor’s degree in accounting, finance, business, or related field is required.
- A master's degree in business administration is preferred.
Knowledge, Skills, and Abilities
- Demonstrated expertise in financial reporting and financial management for pediatric offices or clinics, including the operational areas of accounting, accounts payable, payroll, cash & treasury, grant accounting, third party reimbursement, audit, taxes, long term debt, foundation support operations, and financial systems support.
- Technical competence in generally accepted accounting principles, payroll taxes, income taxes, and third-party reimbursement methodologies.
- Knowledge of federal, state, and local compliance requirements for tax exempt and healthcare provider organizations.
- Experience in tax exempt variable and fixed rate debt, including debt covenants, interest rate swaps, standby purchase agreements, and remarketing agreements.
- Must possess excellent communication, organization, and interpersonal skills as well as an aptitude for conflict resolution, problem-solving, strategic planning and evaluation, financial analysis, and staff development.
Key Leadership Competencies
- History of successful team development, empowering high performance through visionary leadership, delegation, and operational excellence.
- Demonstrates poise and self-control, establishes credibility, addresses conflict diplomatically and instills a sense of trust and confidence in others.
- A mentor and leader of people who motivates others toward team orientation, open communication, and trust, drives accountability while supporting staff.
- A role model of personal and professional integrity and a visible leader.
- Demonstrates aptitude for resolving conflict and problem solving.
- A strong communicator and diplomat who is able to inspire and effectively communicate with wide and diverse audiences at all levels of the organization and externally.
- An ability to inspire and align staff, both those within the department and those with whom the department interacts.
South Carolina Pediatric Alliance is an equal opportunity employer committed to providing equal employment opportunities to all qualified applicants and employees without regard to race, color, sex, religion, national origin, citizenship, age, veteran status, disability, or any other characteristic covered by applicable law.
Job Type: Full-time
Pay: $75,000.00 - $163,854.00 per year
Experience:
- Accounting: 1 year (Preferred)
License/Certification:
- CPA (Preferred)
Ability to Commute:
- Columbia, SC 29229 (Preferred)
Ability to Relocate:
- Columbia, SC 29229: Relocate before starting work (Preferred)
Work Location: In person
Salary : $75,000 - $163,854