Role Overview for SVP, Financial Planning & Analysis (FP&A) with a Healthcare System – Philadelphia, PA
JRG Partners is proud to partner with a premier, mission-driven healthcare system in Philadelphia, PA, in their search for a transformative Senior Vice President (SVP) of Financial Planning & Analysis (FP&A). This is a career-defining opportunity for a visionary financial executive to shape the future of a complex, multi-billion dollar organization dedicated to providing exceptional patient care, advancing medical research, and educating the next generation of healthcare professionals. As the SVP of FP&A, you will serve as a key strategic partner to the Chief Financial Officer (CFO) and the executive leadership team, providing critical financial insights and data-driven guidance to navigate the dynamic and evolving healthcare landscape. You will be responsible for leading all aspects of financial planning, budgeting, forecasting, and performance analysis across the entire health system, including its hospitals, physician networks, and ancillary services.
This role is more than just managing numbers; it is about telling the story behind them. You will be instrumental in translating complex financial data into actionable strategies that support clinical excellence, operational efficiency, and sustainable long-term growth. The ideal candidate is a strategic thinker with a proven track record of leadership in a large-scale healthcare environment. You possess exceptional analytical and communication skills, with the ability to influence decision-making at the highest levels. If you are a results-oriented leader with a passion for healthcare and a desire to make a significant impact on an organization and the community it serves, we invite you to explore this exceptional opportunity.
Key Responsibilities of SVP, Financial Planning & Analysis (FP&A) with a Healthcare System – Philadelphia, PA
Strategic Leadership & Team Development
Lead, mentor, and develop a high-performing FP&A team, fostering a culture of collaboration, accountability, and continuous improvement. Provide strategic direction for the department, ensuring its activities are fully aligned with the health system’s overarching goals.
Long-Range Financial Planning
Drive the development and execution of the organization’s long-range financial plan (LRFP), creating sophisticated models that incorporate market trends, regulatory changes, and strategic initiatives to ensure long-term financial viability.
Annual Budgeting & Forecasting
Oversee the entire annual operating and capital budget process, partnering with service line leaders and department heads to develop comprehensive, accurate, and challenging budgets. Implement and manage a rolling forecast process to provide real-time financial visibility.
Performance Management & Variance Analysis
Establish and monitor key performance indicators (KPIs) and financial metrics. Lead the monthly and quarterly financial review process, providing insightful analysis of performance against budget, forecast, and prior periods, and identifying key drivers of variances.
Executive & Board Reporting
Prepare and deliver clear, concise, and compelling financial presentations to the executive leadership team, the Board of Directors, and other key stakeholders. Translate complex financial information into strategic narratives that facilitate informed decision-making.
Business Partnering & Decision Support
Act as a trusted financial advisor to senior operational and clinical leaders. Provide robust financial analysis, modeling, and pro forma development for new programs, service line expansions, physician acquisitions, and other strategic initiatives.
Capital Planning & Allocation
Lead the capital planning and approval process, developing rigorous analytical frameworks (e.g., ROI, NPV, payback period) to evaluate and prioritize capital investments, ensuring resources are allocated to projects that yield the highest strategic and financial returns.
M&A and Strategic Ventures
Support merger, acquisition, and joint venture activities by leading financial due diligence, developing valuation models, and assisting with post-transaction integration planning and synergy tracking.
Process & Systems Improvement
Continuously evaluate and enhance FP&A processes, systems, and tools to improve efficiency, accuracy, and analytical capabilities. Champion the adoption of advanced analytics and business intelligence platforms to drive deeper insights.
Healthcare Industry Analysis
Maintain a deep understanding of the healthcare industry, including reimbursement trends, payer strategies, regulatory changes (e.g., ACA, MACRA), and competitive dynamics, and assess their potential financial impact on the organization.
Requirements for the SVP, Financial Planning & Analysis (FP&A) with a Healthcare System – Philadelphia, PA
The successful candidate will be an accomplished financial executive with extensive experience within the healthcare sector. You must possess a blend of technical expertise, strategic acumen, and exceptional leadership qualities.
Required Qualifications:
Education
Bachelor’s degree in Finance, Accounting, Economics, or a related field is required.
Experience
A minimum of 15 years of progressive experience in financial planning and analysis, with at least 7 years in a senior leadership role (Director, VP, or SVP level) overseeing the FP&A function.
Industry Expertise
Significant and recent experience within a large, complex healthcare system, academic medical center, or integrated delivery network is mandatory.
Leadership Skills
Demonstrated ability to lead, inspire, and develop large teams. Proven experience as a strategic partner to C-level executives and operational leaders.
Technical Skills
Advanced proficiency in financial modeling, forecasting techniques, and data analysis. Expertise in managing enterprise-level financial planning software (e.g., Oracle EPM, Workday Adaptive Planning, StrataJazz) and business intelligence tools (e.g., Tableau, Power BI).
Healthcare Finance Acumen
A profound understanding of the intricacies of healthcare finance, including complex reimbursement structures, revenue cycle management, cost accounting principles, and value-based care models.
Communication Skills
Exceptional written, verbal, and presentation skills, with the ability to distill complex financial concepts into clear, actionable insights for both financial and non-financial audiences.
Preferred Qualifications:
Advanced Degree/Certification
An MBA, MHA, or other relevant master’s degree is strongly preferred. A Certified Public Accountant (CPA) designation is highly desirable.
Experience with Academic Medical Centers
Experience in an academic medical center environment, with exposure to research and education funding streams, is a significant plus.
Transformation & Change Management
Proven experience leading financial transformations, including system implementations and process re-engineering initiatives.
Benefits & Perks Offered
Our client believes in investing in their leaders and offers a highly competitive and comprehensive executive compensation and benefits package designed to attract and retain top talent. This includes:
Competitive Base Salary
An attractive base salary commensurate with the experience and qualifications of the selected candidate.
Executive Incentive Plan
A significant annual bonus potential based on the achievement of individual and organizational goals.
Long-Term Incentive Program
Participation in a long-term incentive plan to reward sustained performance and commitment to the organization’s success.
Comprehensive Health & Wellness
Premier medical, dental, and vision insurance plans for you and your family, along with robust wellness programs and resources.
Retirement Savings
A generous 401(k) or 403(b) retirement plan with a substantial employer match and/or contribution.
Generous Paid Time Off
A comprehensive paid time off (PTO) package, including vacation, sick leave, and paid holidays, to support work-life balance.
Relocation Assistance
A comprehensive relocation package is available for the successful candidate and their family.
Professional Development
Support for continuing education, executive coaching, and participation in industry conferences and professional organizations.
Additional Perks
Other benefits may include executive life insurance, disability coverage, and tuition reimbursement.
How to Apply
JRG Partners is exclusively managing this search. If you are the strategic, results-driven financial executive we are seeking and you possess the requisite experience in a major healthcare system, we encourage you to apply. To express your interest and be considered for this confidential opportunity, please submit your resume and a cover letter detailing your qualifications.
For more information about our expertise in placing top-tier financial leaders, please visit the JRG Partners’ Financial Officers Practice page. We look forward to connecting with you and exploring how your leadership can shape the future of this outstanding healthcare organization.
