McLeod Health is the region's destination for medical excellence. Our excellence extends from the Midlands to the Coast along the border of North and South Carolina - serving more than one million people. As medical needs grow – we grow, expand, and improve our facilities and services. The McLeod Health network is comprised of 7 (soon to be 8) hospitals with locations in Florence, Darlington, Dillon, Manning, Cheraw, Loris, and Little River, with a new hospital under construction near Myrtle Beach. We have also expanded into the Carolina Forest area of Myrtle Beach with physician practices, outpatient services and a free-standing emergency department.
Founded in 1906, McLeod Health is a locally owned and managed, not-for-profit healthcare system which features the strength of more than 900 members on its medical staff and more than 2,900 licensed nurses, and approximately 15,000 team members. McLeod constantly seeks to improve patient care with efforts that are physician led, data-driven and evidence-based.
Position Overview
The Vice President of Finance will oversee all financial activities within this non-profit health system, ensuring financial stability and supporting McLeod Health’s mission to provide the highest quality healthcare in the region. This role includes leadership over the Finance, Payroll, and Reimbursement departments. The ideal candidate will be a strategic thinker with strong leadership skills and a deep understanding of financial management in the healthcare sector.
Recognized as a leading health system financially, McLeod Health has an outstanding rating of "AA" and stable outlook from Standard & Poor’s Global Ratings. The rating reflects the Florence, S.C.-based system's very strong financial profile assessment, historically strong operating margins and its solid market position.
Key Responsibilities:
- Manage the financial planning and analysis functions, providing insights and recommendations to senior management.
- Oversee the preparation of financial statements, budgets, and forecasts.
- Ensure compliance with all financial regulations and standards specific to non-profit healthcare organizations, including the preparation and filing of tax returns and cost reports.
- Lead the Finance, Payroll, and Accounts Payable functions, providing mentorship and development opportunities to team members.
- Collaborate with other departments to support overall organizational objectives.
- Evaluate and manage financial risks, ensuring the health system’s financial stability.
- Oversee investment activities and manage relationships with financial institutions.
- Monitor and analyze financial performance, identifying areas for improvement.
- Develop and maintain financial policies and procedures tailored to the non-profit healthcare environment.
- Implement and maintain systems for tracking and reporting financial data.
- In conjunction with other leaders, oversee the organization’s insurance program (malpractice, liability, etc.).
Required Qualifications and Skills:
- Master’s degree in finance, Accounting, or a related field
- CPA required
- Track record of ethical, principled leadership
- Proven experience in a senior financial leadership role within a healthcare organization
- Strong knowledge of financial regulations and standards for healthcare organizations
- Excellent analytical and strategic thinking skills
- Strong leadership and team management abilities
- Exceptional communication and interpersonal skills
- Proficiency in financial software and tools
- Experience managing financial functions
Experience Level
- Minimum of 10 years of experience in finance, with at least 5 years in a leadership role within a health system setting.
McLeod Health complies with applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, or sex. McLeod Health does not exclude people or treat them differently because of race, color, national origin, age, disability, or sex.