
Richmond University Medical Center
Hospitals and Health Care · 1.5k people
Vice President Of Finance
Posted 14 Oct
What’s this role about? The Vice President of Finance will partner with executive leadership to develop financial strategies, oversee budgeting, forecasting, and financial reporting. They will also lead and mentor teams across Accounting, FP&A, Accounts Payable, and Payroll to ensure operational excellence and regulatory compliance.
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Company
About Richmond University Medical Center Richmond University Medical Center (RUMC), an affiliate of The Mount Sinai Hospital and the Icahn School of Medicine, is a 470+ bed healthcare facility and teaching institution serving borough residents as a leader in the areas of acute, medical and surgical care, including emergency care, surgery, minimally invasive laparoscopic and robotic surgery, gastroenterology, cardiology, pediatrics, podiatry, endocrinology, urology, oncology, orthopedics, neonatal intensive care and maternal health. The medical center earned The Joint Commission’s Gold Seal of Approval® for quality and patient safety. RUMC is a Level 1 Trauma Center and a designated Stroke Center, receiving top national recognition from the American Heart Association/American Stroke Association. The state-of-the-art Cardiac Catheterization Lab has PCI capabilities for elective and emergent procedures in angioplasty. RUMC maintains a Wound Care/Hyperbaric Center and a Sleep Disorder Center on-site at its main campus. The hospital also offers behavioral health services, encompassing both inpatient and outpatient services for children, adolescents and adults, including emergent inpatient and mobile outreach units. RUMC is the only borough facility that offers inpatient psychiatric services for adolescents. With over 2,500 employees, RUMC is one of the largest employers on Staten Island. Its main campus is located at 355 Bard Avenue, Staten Island, New York 10310.
Richmond University Medical Center
A not-for-profit healthcare provider serving the ethnically diverse community of Staten Island and its neighbors.

Responsibilities
- Oversee the annual operating and capital budgeting process.
- Direct monthly forecasting and variance analysis activities.
- Develop financial models, business plans, and pro forma analyses for strategic initiatives.
- Monitor volume, revenue, expense, labor, and productivity trends.
- Ensure timely preparation of executive financial reports and dashboards. Responsibilities reflect RUMC FP&A leadership expectations for budgeting, forecasting, variance analysis, modeling, decision support, and executive reporting.
- Direct all accounting operations, including general ledger, account reconciliations, month-end close, and financial statement preparation.
- Ensure compliance with GAAP, healthcare accounting standards, and applicable regulatory requirements.
- Maintain strong internal controls and accounting policies.
- Oversee preparation of monthly, quarterly, and annual financial statements.
- Coordinate external audits, Single Audits, cost reports, and regulatory filings.
- Ensure accuracy and timeliness of all financial reporting.
- Oversee accounts payable operations and vendor payment processes.
- Implement controls to ensure accuracy, compliance, and timely payment of obligations.
- Monitor cash disbursements and working capital management.
- Evaluate and improve AP workflows and automation opportunities.
- Provide executive oversight of payroll operations to ensure accurate and timely compensation for all employees.
- Establish and maintain strong payroll controls and compliance with applicable laws and regulations.
- Partner with Human Resources to ensure appropriate administration of compensation programs, deductions, and benefit-related payroll activity.
- Support payroll process improvement initiatives and system enhancements.
- Ensure compliance with federal, state, and local regulations affecting hospital finance operations.
- Maintain effective internal control processes and financial governance practices.
- Coordinate responses to auditors, regulatory agencies, and external reviewers.
- Support financial compliance requirements related to Medicare, Medicaid, grants, and other governmental funding programs.
- Lead and mentor directors, managers, and staff across Accounting, FP&A, Accounts Payable, and Payroll.
- Foster a culture of accountability, collaboration, and continuous improvement.
- Establish departmental goals and performance expectations.
- Support succession planning and professional development initiatives.
Qualification
- Bachelor's degree in Accounting or Finance.
- Master's degree in Business Administration (MBA), Healthcare Administration (MHA), Finance, or related discipline preferred.
- Certified Public Accountant (CPA).
- Minimum of 10 years of progressive financial leadership experience.
- Minimum of 7 years in a healthcare or hospital finance environment.
- Demonstrated experience leading Accounting, FP&A, Payroll, and Accounts Payable functions.
- Experience working in complex hospital systems, academic medical centers, or integrated healthcare delivery organizations preferred.
- Experience interacting with executive leadership, finance committees, and governing boards.
- Comprehensive knowledge of healthcare finance, reimbursement, budgeting, forecasting, and financial reporting.
- Strong understanding of GAAP, internal controls, audits, and regulatory compliance.
- Expertise in hospital operations and financial performance improvement.
- Advanced financial modeling, analytical, and decision-support capabilities.
- Proven leadership and team-building skills.
- Excellent written, verbal, and presentation skills.
- Ability to translate complex financial information into actionable recommendations for operational and clinical leaders.
- Proficiency with ERP systems, payroll platforms, budgeting systems, and advanced Excel applications.
Benefits
- If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
Interested in this role?
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