Sys SVP Financial Planning and Analysis

Overview

This role oversees Financial Planning & Analysis (FP&A) across the system and leads finance teams responsible for financial planning activities and related decision support. The Senior Vice President serves as a strategic thought partner to the CFO and executive leadership, guiding major financial decisions, supporting strategic initiatives, and ensuring effective resource allocation to achieve short- and long-term operational and financial objectives.

Responsibilities

Executive Leadership

• Act as a strategic partner to the CFO and executive leadership team, providing financial insights and recommendations to drive business decisions.
• Collaborate with the CFO, COO, CSO, and other leaders to drive the system-wide strategic financial planning process.
• Present financial implications and perspectives on business strategy, operations, and growth to executive leaders and governance groups.
• Communicate financial strategies and results to C-suite, senior management, the Board of Directors, and other stakeholders.

Strategic Financial Planning

• Develop, optimize, and lead execution of financial planning processes for capital expenses, operating expenses, and cash, including long-range planning, annual budgeting, and monthly and quarterly forecasting.
• Develop financial models and business case tools to support new business initiatives and investment decisions.
• Build integrated planning frameworks to improve enterprise-wide prioritization, optimization, and utilization of assets and resources.
• Lead financial planning discussions focused on balancing operational performance, cash requirements, and capital spending levels.
• Provide insights and recommendations supporting short- and long-term strategy and initiatives, including alignment with expected funding levels, days cash on hand, debt-to-cap, and other key metrics.
• In collaboration with SVP Operational Finance, develop short- and long-range financial targets for CSH Consolidated and Regions.

Capital Deployment and Governance

• Partner with the COO, CFO, and CSO on system-wide capital capacity and recommend optimal allocations and investments.
• Develop standards and processes for capital planning, prioritization, allocation, and deployment across the enterprise, including end-to-end business case creation, prioritization frameworks, and value-realization tracking.
• Create and maintain necessary updates to the CommonSpirit Capital Policy and Procedures.

Financial Analysis and Performance Monitoring

• In collaboration with other finance functions, develop and optimize frameworks and systems for financial analysis, management reporting, and performance monitoring.
• Prepare detailed financial analyses, including scenario planning, sensitivity analysis, variance analysis, expected return on projects and capital, and other ad hoc analysis.
• Use advanced financial systems and tools to improve data accuracy and reporting capabilities.
• Establish KPIs and benchmarks to monitor financial performance when appropriate.
• Provide insights to executive leadership and governance groups on quality of earnings, financial forecasts, capital, projected cash balances, key business metrics, and potential risks.

Business Partnering

• Partner with business unit leaders, including Regional CFOs and other finance leaders, to understand financial needs and support budgeting, forecasting, and performance management.
• Support M&A activities by providing financial analysis and due diligence on potential acquisitions, partnerships, and divestitures.
• Integrate acquired entities into financial planning processes and systems.

Risk Management

• Monitor and manage financial risks, including operational, market, regional, and strategic risks.
• Develop integrated scenario planning and work with Regional CFOs, Operational Finance, Treasury, and other leaders to assess long-term external market dynamics, industry trends, potential changes, and implications by region.
• Evaluate how different factors impact overall organizational performance and identify proposed organizational actions.
• Develop risk mitigation strategies and ensure compliance with financial policies and regulatory requirements.

Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• MBA or relevant advanced degree.
• 10+ years minimum of 10 years of healthcare Finance experience, upon hire.

Preferred Qualifications

• Master’s or Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• MBA or relevant advanced degree.
• 10+ years minimum of 10 years healthcare Finance experience, upon hire.

Compensation & Benefits

• Not specified in the provided job description.