Role Overview for VP, FP&A with a Healthcare System – Baltimore, MD
JRG Partners is proud to partner with a premier, multi-billion dollar healthcare system in Baltimore, Maryland, in their search for a visionary and strategic Vice President of Financial Planning & Analysis (VP, FP&A). This is a career-defining opportunity for a seasoned finance executive to join a mission-driven organization dedicated to providing exceptional patient care and advancing community health.
The healthcare landscape is undergoing unprecedented transformation, and our client is at the forefront of this change, investing in innovation, technology, and patient-centered models of care. As the VP, FP&A, you will be a pivotal member of the senior leadership team, reporting directly to the Chief Financial Officer (CFO). You will serve as a key strategic partner to the executive team, providing the critical financial insights, forward-looking analysis, and data-driven guidance necessary to navigate complexity and drive sustainable growth.
This role is not simply about managing budgets and forecasts; it is about shaping the financial future of the entire health system. You will be responsible for leading a talented team of finance professionals, fostering a culture of high performance, collaboration, and continuous improvement.
Your leadership will be instrumental in enhancing the organization’s financial acuity, optimizing resource allocation across a diverse portfolio of clinical services and strategic initiatives, and ensuring the long-term financial viability of this vital community institution. We are seeking a leader who is not only technically proficient but also possesses exceptional business acumen, executive presence, and the ability to translate complex financial data into actionable strategies that resonate with both clinical and operational leaders.
Key Responsibilities of VP, FP&A with a Healthcare System – Baltimore, MD
The Vice President, FP&A will direct all aspects of the financial planning and analysis function. This includes, but is not limited to, the following key responsibilities:
Strategic Financial Leadership & Long-Range Planning
Act as the primary architect of the organization’s long-range financial plan (LRFP), working in close collaboration with the executive team to align financial strategy with clinical and operational goals. Develop sophisticated financial models to assess the impact of strategic initiatives, market shifts, and regulatory changes.
Budgeting and Forecasting Excellence
Lead the end-to-end annual operating and capital budget process, ensuring a disciplined, collaborative, and transparent approach. Oversee the development of rolling forecasts and predictive analytics to provide real-time visibility into financial performance and identify potential risks and opportunities.
Advanced Financial Analysis & Performance Reporting
Direct the preparation of comprehensive financial analysis, including variance analysis, trend analysis, and service line profitability. Develop and maintain a robust set of Key Performance Indicators (KPIs) and dashboards to provide actionable insights to leadership. Prepare and present clear, concise, and compelling financial reports for the executive team, Board of Directors, and other key stakeholders.
Business Partnership & Decision Support
Serve as a trusted financial advisor to senior executives and operational leaders across the health system. Provide in-depth financial analysis and modeling to support critical business decisions, including new program development, capital investments, payer contract negotiations, and strategic partnerships.
Team Leadership & Talent Development
Lead, mentor, and develop a high-performing FP&A team. Foster a culture of accountability, intellectual curiosity, and continuous learning. Champion the professional growth of team members and build a strong succession pipeline for the finance organization.
Process Optimization & Systems Enhancement
Continuously evaluate and improve FP&A processes, systems, and tools to increase efficiency, accuracy, and analytical capabilities. Champion the adoption of new technologies and data analytics platforms to enhance the finance function’s value to the organization.
Healthcare Industry Acumen
Maintain a deep understanding of the economic and regulatory drivers of the healthcare industry, including Medicare/Medicaid reimbursement, value-based care models, and population health initiatives. A deep understanding of best practices in healthcare financial management is critical for success in this role.
Capital Planning and Allocation
Oversee the capital planning process, ensuring rigorous financial evaluation (e.g., ROI, NPV, payback period) of all significant capital expenditure requests. Partner with operational leaders to prioritize capital investments that align with strategic objectives and deliver the greatest value.
Requirements for the VP, FP&A with a Healthcare System – Baltimore, MD
The ideal candidate will be a results-oriented and strategic finance leader with a proven track record of success in a complex healthcare environment. Specific qualifications include:
Educational Background
A Bachelor’s degree in Finance, Accounting, Economics, or a related field is required. A Master’s in Business Administration (MBA) or a related advanced degree is strongly preferred.
Professional Certification
Certified Public Accountant (CPA) or Certified Financial Analyst (CFA) designation is highly desirable.
Experience
A minimum of 15 years of progressive experience in finance and accounting, with at least 7 years in a senior leadership role overseeing the FP&A function for a large, complex organization.
Mandatory Industry Experience
Significant and demonstrable experience within the healthcare industry is required. Specific experience in a large hospital, academic medical center, or integrated healthcare delivery system is essential for this role. Candidates without this direct healthcare system experience will not be considered.
Leadership Skills
Proven ability to lead, manage, and mentor a team of finance professionals. Must possess a collaborative leadership style with the ability to build strong relationships and influence stakeholders at all levels of the organization.
Technical & Analytical Proficiency
Expert-level financial modeling and analytical skills. Advanced proficiency with Microsoft Excel and PowerPoint is a must. Extensive experience with Enterprise Performance Management (EPM) systems (e.g., Oracle Hyperion, Workday Adaptive Planning, Anaplan) and large-scale ERP systems is required.
Communication & Presentation Skills
Exceptional written and verbal communication skills. The ability to distill complex financial information into clear, concise, and impactful presentations for executive and board-level audiences is critical.
Strategic Mindset
Must be a strategic thinker with the ability to see the big picture, anticipate future trends, and connect financial performance to broader organizational strategy. Possesses strong business acumen and a results-driven approach.
Benefits & Perks Offered
Our client offers a highly competitive and comprehensive executive compensation and benefits package designed to attract and retain top talent. This includes:
- Highly competitive base salary commensurate with experience.
- A significant annual executive incentive bonus plan based on individual and organizational performance.
- A long-term incentive plan (LTIP) to reward sustained contributions to the system’s success.
- Comprehensive benefits package, including medical, dental, vision, and prescription drug coverage for you and your family.
- Generous paid time off (PTO) policy, including vacation, sick leave, and paid holidays.
- A robust 403(b) retirement savings plan with a substantial employer match.
- Relocation assistance is available for a qualified, out-of-market candidate.
- Funding and support for professional development, continuing education, and industry certifications.
- Access to employee wellness programs, an Employee Assistance Program (EAP), and other resources to support your well-being.
- Life insurance, short-term disability, and long-term disability coverage.
How to Apply
JRG Partners is exclusively managing this confidential search. To be considered for this exceptional opportunity, please submit your resume and a cover letter outlining your qualifications and interest in the role. All inquiries and applications will be handled with the utmost discretion. We encourage you to learn more about our expertise in this area by visiting the JRG Partners’ Finance & Accounting practice page. Our client is an Equal Opportunity Employer and values diversity in its workforce.
