Job Description
Brooklyn Hospital Center
Vice President, Finance
Brooklynb, NY
Brooklyn Hospital Center
Vice President, Finance
The Brooklyn Hospital Center (TBHC), a member of the New York-Presbyterian Healthcare System and affiliate of the Weill School of Medicine of Cornell University, is a prestigious 483 bed teaching hospital dedicated to providing outstanding patient care since its inception in 1845. TBHC is currently engaged in the process of reorganization after filing voluntary petitions under Chapter 11 of the United States Bankruptcy Code in 2005. Brooklyn intended to use this reorganization process to address balance sheet and cash flow issues, and to further improve its operations. TBHC's "new beginning" is proceeding on track and as of December 31, 2007, TBHC had net patient service revenues of $308,483,000 with total revenues of $319,818,000, and excess of revenue over expenses of $557,000. As of May 31, 2008 the hospital's YTD operating margin was approximately $2 million.
Reporting directly to the CFO, the new Vice President of Finance (VP) will have overall responsibility for the day-to-day financial operations of TBHC, and will provide leadership and vision to the finance staff. Responsibilities include oversight of accounting and the total financial reporting process, which includes: treasury, accounts payable, payroll, as well as coordination of the external audit process. Candidates must possess a minimum of ten years of progressive financial management experience in a healthcare organization, including experience leading finance or accounting operations. Masters Degree and CPA certification are preferred.
Direct inquiries to TBHC's executive search consultants: Jeffrey K. Frerichs, jefff@wittkieffer.com; or Rachel Polhemus, rachelp@wittkieffer.com; Phone 301-654-5070, Fax 301-654-1318; Witt/Kieffer, 7201 Wisconsin Avenue, Suite 675, Bethesda, Maryland 20814.
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