DIRECTOR OF FINANCE

USC Arcadia Hospital
Arcadia, CA 91006

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Description

The Organization

USC Arcadia Hospital was founded in 1903 by the visionary Women’s Home Missionary Society of the Methodist Church and has grown from humble beginnings into a beacon of healthcare excellence. Situated in one of the nation’s most dynamic regions, this full-service hospital now stands as a pillar of the community, with 348 licensed beds and an Emergency Department that cares for over 40,000 patients each year. Driven by a relentless commitment to providing the best possible care, USC Arcadia Hospital is equipped with cutting-edge diagnostic technology, including a 320-slice CT scanner and high-definition MRI. The hospital also leads in advanced medical services, boasting state-of-the-art catheterization labs, electrophysiology, and neuro-interventional radiology, all dedicated to delivering life-saving care and pushing the boundaries of what’s possible in modern medicine.

USCAH is fully accredited by The Joint Commission and holds several prestigious certifications, including disease-specific certifications for Acute Myocardial Infarction, Acute Coronary Syndrome, and Advanced Heart Failure. The hospital is also accredited by DNV as a Comprehensive Stroke Center and holds various designations by the County of Los Angeles, including being a STEMI (Heart Attack) Receiving Center and an Emergency Department Approved for Pediatrics.

The hospital’s comprehensive range of services includes a 24-hour emergency department, intensive care units, cardiac and vascular surgery, neurosurgery, comprehensive stroke care, orthopedics, oncology, maternity services, diagnostic imaging, outpatient surgery, and acute physical rehabilitation. USCAH operates two outpatient clinics: the Institute for Women’s Services and the Institute for Surgical Specialties. The hospital’s team consists of over 1,600 employees, 700+ medical staff members, and 150+ volunteers, all dedicated to providing the best possible care.

USCAH has been recognized by Becker’s Hospital Review as one of the best community hospitals in the nation and recently completed a successful Joint Commission Survey. Financially, the hospital achieved its EBITDA margin target last year, largely due to volume growth, and continues to prioritize margin improvement through close collaboration between finance and operations.

USC Arcadia Hospital has annual net revenues (CY 2021) of $295 million, approximately 12K inpatient admissions, 23K outpatient visits, 41K ER visits, 1200 deliveries and 5K surgical cases.

Keck Medicine of USC is the University of Southern California’s medical enterprise, one of only two university-based medical systems in the Los Angeles area. Keck Medicine combines academic excellence, world-class research and state-of-the-art facilities to provide highly specialized care for some of the most acute patients in the country.

Our internationally renowned physicians and scientists provide world-class patient care at Keck Hospital of USC, USC Norris Cancer Hospital, USC Verdugo Hills Hospital, USC Arcadia Hospital and more than 100 unique clinics in Los Angeles, Orange, Kern, Tulare and Ventura counties.

Keck Medical Center of USC, which includes Keck Hospital and USC Norris Cancer Hospital, is among the top 50 hospitals in the country in 10 specialties, as well as the top three hospitals in metro Los Angeles and top 10 hospitals in California, according to U.S. News & World Report’s 2023-24 Best Hospitals rankings.

Keck Medical Center of USC is among the top 50 hospitals in the country in 10 specialties, as well as the top 3 hospitals in metro Los Angeles and top 10 hospitals in California, according to U.S. News & World Report’s 2023-24 Best Hospitals rankings.

The Position

The Director of Finance at USC Arcadia Hospital will be a key leader in the hospital’s financial management and strategic planning, directly influencing the organization’s overall financial health and operational success. Reporting to the Chief Financial Officer of USC Arcadia Hospital Abe Nunez, this individual will take on the responsibility of steering the finance department, ensuring that all financial processes are executed efficiently and align with the hospital’s broader objectives. By managing the budgeting processes, financial reporting, decision support, and capital budgeting, the Director of Finance will provide critical insights and strategic guidance to the hospital’s leadership team. The role requires a proactive and dynamic leader with a strong growth mindset, who is not only adept at financial management but also skilled in collaborating with various hospital departments to identify and implement effective margin improvement strategies. This position is pivotal in supporting the hospital’s continuous drive toward operational excellence and financial sustainability.

Experience/Qualifications

  • Bachelor’s degree in Accounting, Finance, or a related field (required), MBA or advanced degree in a relevant discipline (preferred)
  • Minimum of 5 years of progressively responsible experience in hospital finance management • Strong foundational knowledge in financial management principles with an emphasis on strategic thinking, leadership, and advanced financial modeling
  • Extensive experience within an acute care hospital setting
  • Hands-on involvement in key financial areas including Revenue Cycle Management, Reimbursement, Decision Support, and General Accounting
  • Proven track record of managing significant budgets, preferably over $300M in revenue.
  • Demonstrated ability to navigate complex financial environments and deliver strong financial performance
  • Deep understanding of financial dynamics unique to healthcare
  • Familiarity with regulatory requirements, reimbursement models, and financial implications of clinical operations
  • Expertise in managed care contracting, cost accounting, and service line profitability analysis
  • Proficiency with financial reporting systems, budgeting software, and decision support tools
  • Experience with Cerner EMR and Strata Decision Support or similar systems (highly desirable)
  • Demonstrated expertise in financial analysis, with a strong command of variance analysis, forecasting, and benchmarking
  • Experience managing finance teams, including direct reports (managers, senior financial analysts)
  • Professional certifications such as CPA, CMA, or HFMA (highly valued but not required)

Compensation

For the selected candidate, a complete and competitive compensation package will be offered which includes an annual salary, commensurate with experience, within a target range of $185,000 – $250,000, incentive compensation, major insurances, PTO, retirement, and relocation assistance.

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