VP CFO

The Market CFO has a dual-reporting relationship to the Northwest Market Regional President and the Hospital Markets and National Planning CFO. The CFO is responsible for the oversight of the financial health and viability of the Northwest Market.

As a key member of the Executive Leadership Team, the Market CFO will play a critical role in business decisions to maximize the value of financial resources and community investments. The Market CFO will participate in determining the strategic direction and competitive position of KP Northwest and influence business strategy by tracking progress and forecasting fiscal operational impacts compared to short- and long-term market objectives.

The Market CFO will partner with Market and Enterprise Leaders to ensure that financial resources are aligned with the Market’s economic plans and overall Market budgets.

• Performance Management
• Drives overall Market performance and initiates business and financial analytics to ensure performance success to support strategic and economic plans.
• Oversees all aspects of financial management within the Market, including the development of information and analysis of key financial and operational data.
• Partners with key leaders to improve the direction of the Market’s performance.
• Responsible for advising on pricing and product strategies across all lines of business.
• Systematically assesses the financial opportunities, challenges, and risks facing the Market.
• Reviews and communicates Market performance to key leaders, continuously forecasting progress and momentum in key operations against planned objectives.
• Communicates to a variety of internal and external audiences regarding the Market financial performance, risks, opportunities, and plans.
• Builds and maintains a responsive, motivated, and high-performing Market finance organization.
• Oversees the development and maintenance of key financial and planning relationships with the Northwest Permanente Medical Group and KP Medical Foundation.
• Supports network contracting by evaluating contract terms and developing key relationships with delivery system partner CFOs.
• Accountable for overall Market P&L in partnership with the Market Regional President, NWP Executive Medical Director, and Market Leadership Team.
• Planning and Investment Analysis
• Leads an integrated Market planning process that encompasses business, capital, and financial planning in support of the Market and Enterprise strategy.
• Facilitates capital project evaluation, prioritization, and approval for the Market.
• Holds approval authority of capital expenditures and business cases in partnership with the Regional President.
• Business Development
• Supports the integrated care coverage model, clinical delivery system, and provider system/medical group contracting strategies.
• Provides technical analytical support in assessing and developing optimal financial agreements.
• Assesses and evaluates potential business opportunities and participates in building business cases for new ventures and partnerships.
• Management of Key Finance Functions
• Oversees management of all core finance processes and functions, including internal control oversight, accounting process, accounting and financial reporting, statutory reporting, financial and insurance transactions, financial risk management, business/financial/systems planning and analysis, and financial performance measurement.
• Ensures optimal revenues and identifies areas for cost/productivity improvements.
• Initiates discussions and determines the impact of financial risk when formulating new or monitoring existing business practices and risk relationships.
• Assures protection and preservation of existing assets by establishing appropriate internal controls and risk management practices.
• Oversees medical risk adjustment coding.
• Oversees Hospital contracting and network strategy.
• Responsible for developing the market finance team including mentorship, stretch opportunities, and thoughtful development discussions to ensure career progression.
• Primary financial point of contact with regulators and State Health Authorities.

This position has a target base salary of $333,000 to $416,250 and is eligible for incentive compensation, an executive allowance, comprehensive health, wellness, time off, savings, and retirement benefits, as well as relocation support, as applicable.

Experience

• Minimum ten (10) years of experience in various financial areas of a multi-faceted health plan, health care system, and/or multi-service provider setting.

Education

• A bachelor’s degree in accounting or finance is required.

License, Certification, Registration

• N/A

• Demonstrated track record of developing and leading high-performing teams.
• Demonstrated track record in providing financial leadership in a large, complex business.
• Experience implementing financial controls and reporting systems to improve management capabilities and results.
• Experience managing a broad range of financial and organizational issues, such as organizational redesign and significant contract negotiations.
• Demonstrated ability to negotiate win-win situations as it relates to business decisions.
• Willingness to challenge the status quo.
• Demonstrated political savvy to operate in politically complex situations.
• Demonstrates open, collaborative, and transparent leadership style that promotes teamwork and partnership.
• Ability to understand and assess complex market conditions and recommend necessary cost structure improvements or revenue growth opportunities.
• Demonstrated track record of leveraging information technology strategies for financial transaction and decision support systems.
• Must share the values of Kaiser Permanente and its Market Leadership Team.
• Ability to consistently demonstrate integrity, prudence, high energy, initiative, and self-confidence.
• Familiarity with government programs in the health care field.
• Dedication to maintaining and building an inclusive culture and values aligned with principles of diversity.

• Combination of health plan and health care delivery system finance experience preferred.
• Five plus years of Executive management experience involving diverse financial functions within a consumer-facing organization is preferred.
• Decisiveness, action-orientation, personal integrity, and a focus on strategic leadership issues highly desired.
• A Master’s degree, CPA, or equivalent work experience is preferred.