Description

Executive Vice President, Finance and Chief Financial Officer

Penn State Health, an integrated academic health system, is seeking applications and nominations for the position of EVP, Finance and Chief Financial Officer. 

ORGANIZATIONAL OVERVIEW
Penn State Health is a multihospital health system serving patients and communities across 16 counties of Pennsylvania. Its mission is to improve health through patient care, research, education, and community outreach. Penn State Health is experiencing unprecedented growth. In 2017, the system partnered with Highmark Health to facilitate the creation of a value-based, community care network in the region. The goal is to ensure patients in the communities we serve are within: 10 minutes of a Penn State Health Primary Care Provider; 20 minutes of a Penn State Health Specialty Care; and 30 minutes of a Penn State Health Acute Care Facility. With the expansion of Virtual Care, patients have easier access to providers from the comfort of home. With every person, practice and partner that joins our health system, we bring more high-quality clinical care, clinical trials, and education to the people of central Pennsylvania and beyond.

ROLE SUMMARY
Reporting to Dr. Michael Kupferman, Chief Executive Officer of Penn State Health (PSH), this executive will serve as a member of the PSH senior leadership team. The Chief Financial Officer will also interface extensively with the PSH Board of Directors. They will be responsible for continuing the work of creating a standardized, financial shared service infrastructure and culture across PSH. This executive will have oversight of entity Chief Financial Officers as well as system level financial reporting, accounting, and budgeting, revenue cycle, treasury, and managed care contracting. This individual will collaborate with physician and senior management team members to further the development, implementation, and monitoring of financial operations, reporting and strategies to further PSH's objectives.

This executive will have responsibility to provide the vision, leadership, planning, consultation, and stewardship of the PSH financial operations. They will ensure that the system continuously develops and implements contemporary and digitized strategies to increase financial rigor and operational efficiencies and reduce costs with no compromise to quality of care. This individual will assess, refine, or establish, the necessary management and accountability systems to support a standardized and efficient high-performance finance function across PSH.

REQUIRED SKILLS/EXPERIENCE
The successful candidate for this exceptional opportunity will be a talented and successful leader who possesses great creativity, a passion for innovation and driving value, effective communication skills, and executive presence. The next Executive Vice President, Finance and CFO will be someone who thinks differently and brings innovative ideas and approaches to an already strong team. Candidates should possess the following:

• Bachelor's degree in finance, economics, accounting, or a related business field required. An MBA or CPA is strongly desired, as well as a background in public accounting. 
• Minimum ten (10) years of progressively responsible finance/accounting experience within an academic medical center, integrated health system or similarly complex healthcare provider setting. 
• Must bring at least five (5) years of senior level leadership experience along with an understanding of and experience with a shared services model of delivery.
• Demonstrable experience with the Epic EMR system, preferably having experienced a broad-based implementation and leverage of the system across a large health system. 
• Complete understanding of capital accumulation and allocation strategies; past experiences in devising and executing M&A strategies/activities to include deal structure, financial options and modelling, execution, and integration. 
• Desired experience in partnering with physicians and physician organizations and other health professionals within an academic medical center environment. 
• Successful record of building consensus while making and implementing decisions critical to institutional interests; a record of building and maintaining trusting, collaborative relationships. 
• Executive level qualities with a demonstrated ability to manage multiple priorities, effectively lead, and interact in an inspirational yet humble and appropriate manner at all levels including effective Board, executive, physician and rank and file interactions.
• Strong communicator who evokes confidence in colleagues with good listening skills, a calm, mature, thoughtful, and articulate style, able to effectively manage "up" and "down" with equal dexterity.

Penn State Health has retained the services of DSG Global, a highly regarded search firm with national reach, to recruit and evaluate candidates for this role. Applications, nominations, and further inquiries should be submitted electronically in confidence to Mahalia Lynch, Vice President and Senior Managing Associate, 215-510-3981, PSH_EVPCFO@divsearch.com

Penn State Health is an Equal Opportunity Employer/Disability/Veteran. 

It is our policy to provide equal employment opportunities (EEO) according to job qualifications without discrimination on the basis of race, color, religion, ancestry, national origin, age, sex, genetics, sexual orientation, gender identity, gender expression, or marital, familial, or disability status or status as a protected Veteran or any other legally protected group status.