Assistant Vice President, Finance
WellStar Spalding Regional Medical Center
Griffin, GA - United States
WellStar Health System seeks a dynamic financial executive to serve as the next Chief Financial Officer / Assistant Vice President, Finance & Operations of Wellstar Spalding & Sylvan Grove Medical Centers in Griffin and Jackson, GA, respectively.
WellStar Health System has grown tremendously over the last several years and is one of the largest and most integrated not-for-profit health systems in Georgia. Wellstar is frequently recognized for its commitment to providing world-class healthcare and excellent patient service.
Located about an hour south of Atlanta, Wellstar Spalding & Sylvan Medical Centers have been providing care to the community for over 120 years and 50 years respectively. The 160-bed Spalding Medical Center and 25-bed Sylvan Medical Center joined Wellstar in 2016 and serve as an anchor for the system in Spalding, Pike, Lamar, Butts, and Henry Counties. These two medical centers have a combined net revenue of approximately $187M and over 740 employees.
Reporting to the Interim Chief Financial Officer/SVP Finance and working in close partnership with the hospital President, the CFO/AVP, Finance & Operations acts as an on-site financial resource, concentrating on the entity’s fiscal responsibilities, such as revenue growth and bottom-line performance from the hospital’s perspective. This role collaborates closely with on-site managers and directors in budget development, leading these efforts while complementing the WellStar System Accounting and Finance departments, as well as Service Line leaders. The CFO/AVP ensures that financial strategies align with the overall goals of the health system, fostering a cohesive approach to financial management.
Key responsibilities include meticulously reviewing monthly cost center performance against budget and providing rational, data-driven explanations for any variances. The CFO/AVP proactively analyzes and investigates operational performance, demonstrating an inquisitive nature that seeks to identify underlying issues before they become problematic. They work hand-in-hand with Hospital Administration and department managers to implement corrective actions for unapproved budget variances, ensuring financial stability and accountability. Additionally, they support Corporate Accounting with the monthly closing of the general ledger, ensuring accuracy and compliance with financial reporting standards.
The ideal candidate is a financially strong executive with extensive experience in complex matrix environments, particularly in Critical Access Hospitals (CAH) or a rural health system. They should be comfortable working outside the office, engaging with staff, and participating in regular CFO meetings, while also managing revenue cycle operations, supply chain communications, and navigating rural healthcare settings within a corporate and clinical service line model. A Bachelor’s degree in Accounting, Finance, or a related field is required; a Master’s degree is preferred. A minimum of 10 years of direct finance experience is required, as well as 7 years of progressive finance or accounting leadership.
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