University Hospital · 2 weeks ago
Vice President Financial Planning & Strategy
US-NJ-Newark
Full-time
Onsite
Director/Executive
$200K/yr - $385K/yr
7+ years expUniversity Hospital is one of the nation’s leading academic medical centers, and they are seeking a Vice President for Financial Strategy and Planning. This role involves providing analytic and operational leadership in financial forecasting, managing financial performance, and supporting organizational priorities to optimize funding opportunities.
EducationHealth Care
Responsibilities
Directs long‐term enterprise financial strategy, including multi‐year financial planning, budgeting, and forecasting to inform operational priorities, provides the analytical foundation for strategic decision‐making, and optimize resource allocation and growth opportunities
Develops financial forecasts and financial performance metrics informed by business intelligence gathering, financial monitoring, and knowledge of payer environment; regularly report to the CEO and CFO on enterprise performance and opportunities
Provides strategic oversight of the financial performance across all hospital departments; identifying emerging trends, risks, and opportunities, and, working with the Chief Financial Officer, develops and executes corrective strategies that support long‐term stability and growth
Conceptualizes and manages the development of the annual State Fiscal Year budget request; oversees engagement with State budget leadership and policymakers on the State budget; develops, maintains, and expands relationships with State budget leadership to support enterprise priorities and objectives
Provides strategic financial leadership for major capital initiatives, managing continued fiscal sustainability to align contract structures, vendor relationships, and project investments with the hospital’s organizational goals and to position the hospital for future operational and financial strength
Develops and executes strategies to secure, optimize, and expand government funding, including federal and state reimbursement programs, grants, waivers, and alternative sources; monitors evolving funding landscape at local, state and federal level to identify opportunities to realize revenue while ensuring alignment with public policy objectives
Supports the Chief Finance Officer as needed in the development and preparation of the annual operating budget with in‐depth data analysis, identification of opportunities for operational efficiency, and effective processes and timelines to ensure all revenue and expenditure assumptions are accurate and reasonable
Models leadership and implements strategies to ensure the highest level of patient experience and customer service
Qualification
Required
Master's degree in Finance, Public Administration, or a related field required
Seven (7) or more years of progressively responsible experience in budget planning and management, financial planning, and financial reporting, or an equivalent combination of training and experience a minimum of two years must include senior‐level financial management responsibility
Expert‐level knowledge of budget development, financial forecasting, and cost analysis methodologies
Comprehensive understanding of State and federal health‐care payer systems, including reimbursement frameworks and regulatory environments
Strong familiarity with State‐supported health‐care institutions and public‐sector budget processes
Demonstrated ability to identify, develop, and secure new revenue streams
Proven track record of problem‐solving and implementing strategies that enhance operational efficiency within dynamic or evolving funding structures
Exceptional analytical, negotiation, presentation, and written communication skills
Demonstrated success operating in a complex, multi‐stakeholder, multi‐funder environment, balancing competing priorities and ensuring alignment across diverse groups
Experience leading teams, building consensus, and fostering collaboration in a highly matrixed environment
Ability to establish and maintain effective working relationships with key stakeholders, including policymakers, clinical leadership, and community partners
Ability to read, write speak, and understand English fluently to perform the duties of the position required
Benefits
Vacation Time Off
Medical & Prescription Drug Coverage
Dental & Vision Insurance
Health Savings Account (HSA) & Flexible Spending Account (FSA)
Short- & Long-Term Disability Insurance
Pension Plan
Pet Insurance
Employee Assistance Program (EAP)
Professional Development
Company
University Hospital
University Hospital is an independent medical center with more than 500 licensed beds, an active medical staff of more than 600, and over 3,000 employees.
1001-5000 employees
H1B Sponsorship
University Hospital has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (9)
2024 (6)
2023 (8)
2022 (10)
2021 (2)
2020 (7)
Funding
Current Stage
Late StageTotal Funding
$0.4MKey Investors
Healthcare Foundation of New Jersey
2023-10-27Grant· $0.4M
Leadership Team
Alexandre Barbosa
Human Resources Business Partner
Frank Sinatra
Chief Information Security Officer
Recent News
2025-03-06
Company data provided by crunchbase