Associate Vice President Finance Advocate Clinical Laboratories

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Associate Vice President Finance Advocate Clinical Laboratories

Remote, United States

Job ID: R242345

Shift: 1st

Job Type: Regular

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Department:

13438 Enterprise Corporate - Financial Planning : WI

Status:

Full time

Benefits Eligible:

Yes

Hours Per Week:

40

Schedule Details/Additional Information:

Hybrid Role - M-F Days

Pay Range

$99.75 - $159.60

Major Responsibilities:

• Responsible for all internal and external financial reporting of joint lab and for-profit lab company. This includes Board presentations, cost allocations, fixed asset records, financial statements, regulatory and compliance filings.
• Responsible for development and management of the joint laboratory system capital and operating budgets.
• Acts as the liaison to Advocate and Aurora Finance departments. In conjunction with Aurora and Advocate Finance department establishes and maintains ACL finance policies.
• Oversees all financial reporting and billing related to Auroras for-profit commercial laboratory customers.
• Leads the negotiation process with managed care organizations, vendors and pathologists.
• Oversees outreach pricing and sales initiatives throughout Wisconsin and Illinois.
• Oversees the preparation of ACL financial records and regulatory filings.
• Assists senior management in the marketing process as it relates to financial data.
• Establishes and maintains laboratory pricing for commercial for-profit customers.
• Oversees inter-system laboratory billing to other Aurora sites, the maintenance of the laboratory's co-tenancy fixed asset records, and external and inter-company co-tenancy laboratory disbursements.
• Performs human resources responsibilities for staff which include interviewing and selection of new employees, promotions, staff development, performance evaluations, compensation changes, resolution of employee concerns, corrective actions, terminations, and overall employee morale.
• Develops and recommends operating and capital budgets and controls expenditures within approved budget objectives.
• Responsible for understanding and adhering to the organization's Code of Ethical Conduct and for ensuring that personal actions, and the actions of employees supervised, comply with the policies, regulations and laws applicable to the organization's business.

Licensure, Registration, and/or Certification Required:

• None Required.

Education Required:

• Bachelor's Degree in Finance or related field.

Experience Required:

• Typically requires 15 years of experience in finance or accounting. Includes 10 years of management experience in financial operations management.

Knowledge, Skills & Abilities Required:

• Demonstrated success in contract negotiations.
• Excellent communication skills essential in order to interact effectively with all levels of management in and outside of the organization.
• Demonstrated ability to explain complex financial issues to non-finance managers and the joint laboratory Board.
• Demonstrated understanding of healthcare customer operations including but not limited to hospitals, physician clinics and extended care facilities.

Physical Requirements and Working Conditions:

• Operates all equipment necessary to perform the job.
• Exposed to a normal office environment.
• This position requires travel so the incumbent will be exposed to weather and road conditions.

This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.

Our Commitment to You:

Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more - so you can live fully at and away from work, including:

Compensation

• Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training

• Premium pay such as shift, on call, and more based on a teammate's job

• Incentive pay for select positions

• Opportunity for annual increases based on performance

Benefits and more

• Paid Time Off programs

• Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability

• Flexible Spending Accounts for eligible health care and dependent care expenses

• Family benefits such as adoption assistance and paid parental leave

• Defined contribution retirement plans with employer match and other financial wellness programs

• Educational Assistance Program

Note: Eligibility for programs listed above may depend on your FTE or status (e.g., full-time, part-time, per diem, temporary, etc.); please ask a Recruiter for more information during an interview.

About Advocate Health

Advocate Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois; Atrium Health in the Carolinas, Georgia and Alabama; and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care. Headquartered in Charlotte, North Carolina, Advocate Health services nearly 6 million patients and is engaged in hundreds of clinical trials and research studies, with Wake Forest University School of Medicine serving as the academic core of the enterprise. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs 155,000 teammates across 69 hospitals and over 1,000 care locations, and offers one of the nation's largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to providing equitable care for all, Advocate Health provides more than $6 billion in annual community benefits.

Directly responsible for financial matters relating to the Aurora/Advocate Consolidated Laboratory business unit. Actively participates with other laboratory management in the formulation of strategic and financial planning decisions. Acts as a liaison with the fiscal accounting and planning departments within the Aurora System.

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