AVP of FP&A

Job Summary:

A senior strategic leader responsible for directing the organization’s budgeting, forecasting, and financial analysis to ensure long-term sustainability and profitability. Translates complex data into actionable insights for executives to guide decision-making, performance management, and strategic growth. Position will report to the Chief Financial Officer acting as a bridge between complex financial data and high-level executive decision-making.

The AVP of FP&A will lead the development of financial models, analyze complex healthcare financial data, and translate insights into actionable recommendations that enhance operating performance, margin improvement, and long-term strategic growth.

Essential Functions & Responsibilities:

• Lead the development of annual operating and capital budgets, rolling forecasts, and long-term strategic plans. Partner with senior leadership to ensure alignment with organizational goals.
• Analyze variances to projections, identifying trends, risks, and optimization opportunities.
• Develop financial models to support strategic decision-making, including new business opportunities, pricing, and capital allocation.
• Analyze reimbursement trends across Medicare, Medicaid, and commercial payers. Support financial modeling for value-based care and risk-based contracts.
• Provide insights to senior leadership to improve operational efficiency and manage departmental spending. Translate complex financial data into actionable narratives for the CEO, CFO, and Board of Trustees.
• Enhance FP&A systems and tools to improve reporting accuracy and automation. Lead continuous process improvement initiatives to boost efficiency, accuracy, and service quality within Finance.
• Manage and mentor the FP&A team, fostering a culture of analytical rigor and accountability. Partner with clinical, operational, and revenue cycle leaders to enhance financial literacy and support data-driven decision-making.
• Build strong relationships across the healthcare system to understand operational needs, align priorities, and deliver high-value financial services.
• Oversee capital budget processes, ensuring compliance with policies. Develop budget assumptions to meet financial targets and evaluate performance against projections, identifying opportunities for revenue enhancement or cost reduction.
• Contribute financial expertise to committees and initiatives, serving as a visible thought leader and model of collaboration and innovation.
• Perform other duties and special projects as assigned by the CFO or CEO, ensuring alignment with strategic objectives.

Qualifications:

Required

• Bachelor’s degree in finance, accounting, or economics.
• Minimum of 10 years in finance or accounting
• Minimum of 5 years in management with proven experience leading teams.
• Exceptional analytical, communication, and leadership skills.
• Ability to present complex financial concepts to executives and the Board of Trustees.
• Demonstrated knowledge of GAAP, FASB standards, and regulatory requirements applicable to higher education and/or not-for-profit organizations
• Demonstrated ability to lead cross-functional teams and work collaboratively in team environments.

Preferred

• Master’s degree: Business Administration or Health Administration
• Certifications: CPA, CFA, CMA, or FPAC

As an EOE/AA employer, the organization will not discriminate in its employment practices due to an applicant's race, color, religion, sex, sexual orientation, gender identity, national origin, and veteran or disability status.

Physical Requirements: Constant (67-100% of workday) sitting and use of arms and hands; occasional (0-33% of workday) standing, walking, bending, squatting; ability to lift, push, and pull up to 10 lbs.; auditory and visual skills.

Mental Requirements: Possesses critical thinking and analytical skills. Ability to multi-task. Ability to communicate effectively and collaborate with a multi-disciplinary team.

Environmental Requirements and Exposure Hazards: Potential risk of exposure to chemicals.

“It is the policy of Mary Washington Healthcare to provide reasonable accommodations to qualified individuals with a disability who are applicants for employment or Associates.”