Vice President of Finance

Overview

Focus Health Network (“Focus”) is a leading healthcare organization operating a portfolio of skilled nursing and rehabilitation facilities across Pennsylvania. We are seeking a dynamic and experienced Vice President of Finance to oversee all financial operations across our facilities and corporate entities. This executive will be a key member of the leadership team, driving financial performance, accountability, and strategic growth within a rapidly evolving healthcare environment.

Position Summary

The Vice President of Finance will oversee the organization’s financial management and strategy, including budgeting, forecasting, accounting, and financial reporting. This individual will play a critical role in optimizing cash flow, strengthening internal controls, and supporting operational leadership with timely, data-driven insights. The VP of Finance will report directly to the Chief Financial Officer (CFO) and work closely with facility Administrators, Regional Directors, and corporate departments.

Key Responsibilities

Financial Strategy & Leadership

Partner with the CFO and executive team to develop and execute financial strategies aligned with Focus Health Network’s goals.

Provide forward-looking financial insights to support strategic decision-making and operational planning.

Oversee short- and long-term financial forecasting, including revenue projections, expense controls, and capital expenditure planning.

Lead and mentor the accounting and finance teams to ensure accuracy, accountability, and continuous improvement.

Financial Operations & Reporting

Oversee monthly and annual financial closings, ensuring accurate and timely financial statements for all facilities.

Manage consolidated financial reporting for corporate and facility-level entities, including OpCo / HoldCo structures.

Develop and maintain standardized reporting dashboards for KPIs such as census, labor costs, accounts payable, AR aging, and P&L performance.

Collaborate with accounting partners, auditors, and external consultants to ensure compliance and accuracy.

Budgeting & Forecasting

Direct the annual budgeting process for all facilities and corporate departments.

Monitor budget-to-actual performance, identify variances, and work with operations to drive corrective actions.

Support Regional and Facility leadership in understanding key financial metrics, including PPD, HPPD, and operating margins.

Accounts Payable, Receivable & Treasury Oversight

Supervise all aspects of cash flow management, including payables, receivables, and banking relationships.

Oversee the AP department to ensure timely invoice processing, vendor management, and efficient use of automation tools (Stampli, Capture, Visual, QuickBooks, etc.).

Coordinate with facility billing and RCM teams to ensure accurate and timely revenue capture.

Manage treasury operations, including daily cash position tracking, intercompany transfers, and funding coordination.

Compliance & Controls

Ensure adherence to GAAP and internal accounting policies across all entities.

Establish and maintain strong internal controls and processes that support audit readiness.

Partner with compliance and operations to align financial practices with state and federal healthcare regulations.

Collaboration & Leadership

Work cross-functionally with Operations, HR, and Procurement to align financial practices with organizational objectives.

Provide training and financial literacy development for facility leadership to enhance accountability and transparency.

Support the CFO in investor, lender, and board communications through data-driven presentations and financial narratives.

Qualifications

Bachelor’s degree in Accounting, Finance, or related field (Master’s / MBA preferred).

CPA designation strongly preferred.

Minimum 5 years of progressive financial leadership experience , preferably in healthcare, long-term care, or multi-facility operations .

Proven experience managing financials across multiple entities and corporate structures.

Strong understanding of healthcare reimbursement models, Medicaid / Medicare, and managed care environments.

Proficiency with financial systems such as QuickBooks Online, Stampli, Capture, and Excel-based modeling .

Exceptional analytical, organizational, and leadership skills with a hands-on, results-driven mindset.

Excellent communication skills with the ability to present complex financial information to non-financial audiences.