Executive Vice President and Chief Financial and Business Strategy Officer

Overview

Reporting to the President and CEO, the Executive Vice President, Chief Financial and Business Strategy Officer has overall responsibility for the finance and business strategy functions of Dana-Farber Cancer Institute (DFCI).
The EVP participates as a member of the executive leadership team in setting vision and driving change in a complex and highly matrixed organization. Acting as a trusted advisor, the Chief Financial and Business Strategy Officer works closely with executive and faculty leaders and the Board of Trustees in developing, monitoring, governing and evaluating the Institute’s overall financial health, strategy, planning & analysis.
The EVP will oversee strategic planning efforts throughout the Institute as well as the alignment of our strategies with annual goal setting and budgeting processes. Working collaboratively with the Executive Vice President and Chief Operating Officer and with DFCl's executive team and their direct reports, this role aligns our strategy with annual capital and operating budgets and position control processes.

Located in Boston and the surrounding communities, Dana-Farber Cancer Institute is a leader in life changing breakthroughs in cancer research and patient care. We are united in our mission of conquering cancer, HIV/AIDS, and related diseases. We strive to create an inclusive, diverse, and equitable environment where we provide compassionate and comprehensive care to patients of all backgrounds, and design programs to promote public health particularly among high-risk and underserved populations. We conduct groundbreaking research that advances treatment, we educate tomorrow's physician/researchers, and we work with amazing partners, including other Harvard Medical School-affiliated hospitals.

▪ Partner with senior executive leaders to serve as a strategic resource to carry out both mission-related and operational goals. Engage with members of the executive and faculty leadership teams and the Board of Trustees as a trusted advisor, and confidant.

▪ Champion a diverse and inclusive culture and ensure diversity in the workforce.

▪ As an executive leader, provides strategic direction to the Institute through finance and business strategy formulation, decision making, forecast/budgeting and implementation/monitoring. Establishes and implements internal controls and ensures efficient and effective financial operations as per industry benchmarks.

▪ Provides executive leadership and strategic direction for External Affairs, including local, state and national regulatory, legislative and government relations. Oversees a patient-centric legislative agenda and advocacy in support of DFCI’s mission and programs.

▪ Ensure that Financial and Accounting policies & procedures are in accordance with statutory regulations and standards and comply with risk management and internal controls.

▪ Lead the evaluation and development of cost-effective and efficient systems, processes and contract relationships to maximize return on investment and impact.

▪ Lead the design and assessment of financial strategy and performance as it relates to managing against the annual budget and long-term goals while fostering organizational effectiveness and sustainability.

▪ Develops finance and business strategies by providing financial and accounting information, analytics and recommendations and establishing functional objectives in line with the Institute’s organizational goals and objectives.

▪ Create and sustain productive vendor, banking and contractual relationships and serve as primary liaison with related third parties.

▪ Develops financial well-being of the organization by providing financial projections, analytics and growth plans.

▪ Review and manage (and establish as needed) internal systems, controls, processes, and procedures to ensure the integrity, accuracy, compliance, and usefulness of financial information and reporting.

▪ Oversee human capital strategy and human resources activities, including hiring, professional development, performance management, salary administration, and succession planning.

▪ Monitors financial performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances.

▪ Updates job knowledge by remaining aware of new regulations, participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.

KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:

▪ Demonstrated success as a strategic advisor to executive level leadership.

▪ Strong business acumen and fiscal stewardship capabilities including the ability to prioritize competing priorities and deliver high quality service with limited resources.

▪ Executive presence and the ability to engender trust and confidence across all levels of the workforce, including front-line staff, senior executives, faculty, community partners and the Board.

▪ Experience in leading/managing multiple Finance disciplines including Finance, Accounting, Revenue Cycle, External Affairs, Business Initiatives & Strategy, Payer Contracting.

▪ Experience in overseeing complex regulatory/compliance audits.

▪ Strong interpersonal and communication skills to manage a large, diverse workforce and anticipate the information needs of the workforce.

▪ Demonstrated ability to influence key stakeholders.

▪ Ability to extract meaning from numbers and present analysis clearly and concisely to people with varying degrees of financial knowledge.

▪ Innovative and improvement mindset. Experience articulating incremental improvements related to long term strategy.

▪ Visionary in approach to work, seeing things conceptually.

▪ An engaged and inclusive leadership style that puts the employee first in all decision making and models the Dana-Farber Inclusive Behaviors framework of Curiosity, Commitment, Courage, Consciousness, Cultural Intelligence, Collaboration.

Effective leader of teams, able to foster collaboration while driving results.

▪ Demonstrated ability to attract and retain high caliber Finance talent.

MINIMUM JOB QUALIFICATIONS:

▪ Bachelor’s required, Master's degree or CPA highly preferred.

▪ Advanced study in areas such as Finance, Accounting, Business Administration, Economics.

▪ Ten plus years demonstrated senior finance and accounting leadership experience in complex organizations.

▪ Healthcare or academic medical experience is beneficial to effectively navigate the matrixed, hospital-specific relationships and compliance requirements unique to the industry.

SUPERVISORY RESPONSIBILITIES:

Direct Reports

▪ Sr Director Payer Contracting and Performance

▪ Sr Director Finance Administration

▪ VP Revenue Performance Management

▪ VP Business Initiatives & Alliances

▪ VP Finance

▪ SVP External Affairs

PATIENT CONTACT: None

At Dana-Farber Cancer Institute, we work every day to create an innovative, caring, and inclusive environment where every patient, family, and staff member feels they belong. As relentless as we are in our mission to reduce the burden of cancer for all, we are committed to having faculty and staff who offer multifaceted experiences. Cancer knows no boundaries and when it comes to hiring the most dedicated and compassionate professionals, neither do we. If working in this kind of organization inspires you, we encourage you to apply.

Dana-Farber Cancer Institute is an equal opportunity employer and affirms the right of every qualified applicant to receive consideration for employment without regard to race, color, religion, sex, gender identity or expression, national origin, sexual orientation, genetic information, disability, age, ancestry, military service, protected veteran status, or other characteristics protected by law.

Pay Transparency Statement

The hiring range is based on market pay structures, with individual salaries determined by factors such as business needs, market conditions, internal equity, and based on the candidate’s relevant experience, skills and qualifications.

For union positions, the pay range is determined by the Collective Bargaining Agreement (CBA).