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Vice President Financial Engineering information
See salary details
$64.5K - $82.3K
1% of jobs
$82.3K - $100K
5% of jobs
$100K - $117.8K
9% of jobs
$134.7K is the 25th percentile. Wages below this are outliers.
$117.8K - $135.6K
11% of jobs
$135.6K - $153.4K
15% of jobs
The median wage is $162.8K / yr.
$153.4K - $171.1K
18% of jobs
$171.1K - $188.9K
15% of jobs
$191.3K is the 75th percentile. Wages above this are outliers.
$188.9K - $206.7K
12% of jobs
$206.7K - $224.5K
7% of jobs
$224.5K - $242.2K
4% of jobs
$242.2K - $260K
3% of jobs
$64.5K
$169.5K
$260K
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Vice President - Financial Operations
Annapolis, MD • On-site
Full-time
Re-posted 9 days ago
Luminis Health rating
7.9
Based on 54 frontline employees who took The Breakroom Quiz
Job description
Position Objective:
The Corporate Controller and Vice President of Financial Operations serves as Luminis Health's senior accounting executive and has enterprise-wide responsibility for all Accounting, Treasury, Tax, Payroll, Accounts Payable, and external financial reporting operations. This includes responsibility for the proper payment of debts and expenses, production of periodic financial reports, oversight of treasury operations, cash management and liquidity forecasting, maintenance of an integrated and scalable financial operating model, stewardship of an adequate system of accounting records, and a comprehensive set of controls designed to mitigate financial, regulatory, and operational risk, safeguard assets, enhance the accuracy and integrity of the system's reported financial results, and ensure compliance with generally accepted accounting principles (GAAP).
This role is responsible for the integrity, sustainability, and resilience of the health system's financial operations, financial operating infrastructure, and balance sheet. The Corporate Controller and Vice President of Financial Operations ensures the strategic implementation, optimization, automation, maintenance, and performance management of accounting and financial systems to enable timely decision-making, transparency, scalability, audit readiness, enterprise-wide financial discipline, and long-term financial sustainability.
As a key member of the senior finance leadership team, this role serves as the executive accountable for enterprise financial operations and functions as a trusted strategic advisor and thought partner to the CFO. The Corporate Controller and Vice President of Financial Operations provides strategic financial counsel to the CFO, Board, Finance and Investment Committee, senior leadership team, and other governance stakeholders on matters related to financial operations, controllership, treasury and liquidity strategy, capital structure support, external financial reporting, financial risk, audit readiness, internal controls, and balance sheet resilience.
Essential Job Duties:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Ensures that enterprise-wide financial systems, controls, and processes are in place and deliver highly reliable, accurate, and timely results to executive leadership and operational stakeholders across the organization. Such systems and processes include general ledger and close management, accounts payable, miscellaneous receivable systems, payroll, cash management, liquidity forecasting, and financial reporting platforms, among others.
- Leads the modernization, integration, and optimization of financial systems and processes, including close acceleration, reporting automation, data governance, and internal controls aligned with best practices for large healthcare systems.
- Establishes and maintains enterprise accounting policies, financial reporting standards, transactional controls, and financial operating procedures to ensure consistency, compliance, stewardship, and alignment across all entities and business units.
- Directs treasury operations, including cash positioning, liquidity planning, debt administration, banking relationships, investment coordination, covenant monitoring, and short- and long-term cash flow forecasting in coordination with the CFO and external financial advisors.
- Engages with the Luminis Health Finance and Investment Committee, Investment Advisor, and Fund Managers to support investment oversight, financial asset stewardship, and related reporting.
- Partners with the CFO to evaluate and execute financing strategies, debt structure, liquidity planning, capital market opportunities, and related financial strategies to support organizational growth, capital investment, and long-term financial flexibility.
- Serves as a primary finance liaison to external financial stakeholders, including banks, bondholders, rating agencies, investment managers, external auditors, tax advisors, and other financial partners; ensures timely, accurate, and credible communication on matters within areas of responsibility.
- Protects assets by designing, implementing, monitoring, continuously strengthening, and enforcing internal controls, ensuring audit readiness and resilience against financial, regulatory, and operational risk.
- Ensures compliance with federal, state, and local legal and regulatory requirements by monitoring existing and emerging legislation, assessing financial impact, enforcing adherence to requirements, and advising senior leadership on needed actions.
- Owns enterprise financial risk management and audit readiness, coordinating the external audit process and leading responses to audit findings, management letter recommendations, and related financial control matters.
- Partners with the Corporate Compliance Officer to support internal audit activities and strengthen enterprise governance, risk, and compliance frameworks.
- Manages all tax planning and compliance with required federal, state, local, payroll, property, and other applicable taxes. Coordinates and/or prepares tax filings, schedules, returns, and supporting documentation, ensuring accuracy, timeliness, and compliance.
- Advises senior leadership on tax strategy, regulatory changes, financial risk exposure, and related matters impacting the organization's financial position.
- Leads all aspects of accounting operations, including oversight of all transactions related to general ledger, miscellaneous receivables, payables, payroll, treasury, tax, and external financial reporting.
- Ensures streamlined financial reporting, accounting, compliance, and controls while putting in place credible, consistent, and useful financial and operational reports that can be produced in a timely manner.
- Ensures analysis of financial results with respect to operating margin, trends, costs, and comparison to budgets. Monitors and affirms financial condition through appropriate review processes. Issues regular status and ad hoc reports to senior leadership.
- Prepares, reviews, and presents financial operations, audit, treasury, liquidity, compliance, and financial stewardship materials for executive leadership, Board committees, and other governance forums, ensuring information is accurate, timely, actionable, and aligned with enterprise priorities.
- Collaborates with the Vice President of Financial Planning and Analysis to ensure alignment between financial operations, budgeting, forecasting, and long-range financial planning.
- Leads and supports system-wide initiatives to develop performance improvement recommendations, strengthen financial stewardship, and improve operational efficiency.
- Partners with senior leadership and physician leaders to support clinical program development and ensure that clinical initiatives meet business plan expectations and financial sustainability objectives.
- Provides strategic financial counsel and education to the CFO, Board, and top management team as necessary for areas of responsibility.
- Builds, mentors, and develops high-performing financial operations leadership, ensuring accountability, succession depth, service orientation, continuous improvement, and strong partnership with operational and clinical leaders.
- Establishes a leadership environment that promotes professionalism, proactive problem-solving, and strong partnership across all business units.
- Maintains effective working relationships with the Vice President of Supply Chain, Vice President of Construction and Real Estate, Vice President of Revenue Cycle, Vice President of Revenue Strategy and Optimization, andVice President of Financial Planning and Analysis to ensure effective coordination of all financial operations.
Educational/Experience Requirements:
- Bachelor's degree in accounting, finance, or a related field; MBA preferred.
- Ten or more years of progressive healthcare financial leadership experience, including increasing levels of responsibility in accounting, treasury, financial operations, audit, controls, and/or external financial reporting.
- Strong knowledge of financial systems, ERP platforms, accounting systems, internal controls, data-driven reporting environments, and financial process improvement.
- Demonstrated experience working with executive leadership teams, boards, and external financial stakeholders.
- Excellent verbal and written communication skills.
- High level of interpersonal skills with demonstrated ability to build credibility and influence across senior leadership, operational leaders, physician leaders, and external partners.
Required License/Certifications:
- Certified Public Accountant required.
Working Conditions, Equipment, Physical Demands:
There is a reasonable expectation that employees in this position will not be exposed to blood-borne pathogens.
Physical Demands - Light Work
The physical demands and work environment that have been described are representative of those an employee encounters while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions in accordance with the Americans with Disabilities Act.
The above job description is an overview of the functions and requirements for this position. This document is not intended to be an exhaustive list encompassing every duty and requirement of this position; your supervisor may assign other duties as deemed necessary.
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About Luminis Health
Sourced by ZipRecruiter
Industry
Health care and social assistance
Company size
5,001 - 10,000 Employees
Headquarters location
Annapolis, MD, US
Year founded
2019