Associate Vice President Finance Advocate Clinical Laboratories

📋 Description

• • Provide strategic leadership for enterprise-wide laboratory financial operations, including financial reporting, analysis, budgeting, forecasting, costing, profitability assessments, capital planning, compliance, and internal controls
• • Develop and implement standardized financial processes for enterprise laboratories to improve efficiency, scalability, and consistency across operations
• • Assess and identify opportunities to optimize lab billing and revenue streams to enhance long-term financial sustainability
• • Partner with executive and operational leaders to align financial plans with organizational objectives and growth strategies
• • Collaborate with cross-functional teams including Financial Operations, Accounting, Decision Support, Labor Management, Legal, Compliance, Revenue Cycle, IT, and Managed Care to ensure organizational alignment
• • Provide financial support to Laboratory Business Development and Client Support teams, including pricing analysis, profitability assessments, and fee schedule updates to support client retention and sales growth
• • Oversee preparation of financial records and provide support for regulatory and tax filings
• • Develop and maintain financial planning tools and models to enable data-driven decision-making
• • Perform full-cycle human resources responsibilities for staff, including recruitment, selection, promotions, performance evaluations, compensation adjustments, employee development, corrective actions, terminations, and engagement initiatives
• • Ensure personal and supervised employee actions comply with the organization’s Code of Ethical Conduct, policies, regulations, and applicable laws
• • Operate all equipment necessary to perform job duties in a standard office environment
• • Travel is required, exposing incumbent to varying weather and road conditions
• • Maintain comprehensive understanding of healthcare financial structures, revenue streams, forecasting methodologies, and cost management strategies
• • Drive financial performance improvements, operational efficiencies, and revenue optimization initiatives within clinical laboratory settings
• • Leverage proficiency with healthcare financial systems, decision support tools, revenue cycle platforms, and analytics technologies
• • Demonstrate strategic thinking with strong operational execution capabilities
• • Communicate effectively and present financial insights to executive leadership with clarity and influence
• • Build and maintain relationships across all levels of leadership to foster collaboration and alignment
• • Apply strong business acumen and a data-driven approach to decision-making
• • Exhibit high integrity, accountability, and professional presence
• • Anticipate industry trends and organizational needs to guide forward-looking financial strategies