Vice President Finance & Chief Financial Officer

  • London Health Sciences Centre
  • Aug 01, 2019
Full time Vice President

Job Description

Job Title                     Vice President Finance & Chief Financial Officer

Job ID                         66861

Location                     London Health Sciences Centre


London Health Sciences Centre (LHSC), one of Canada’s largest acute-care teaching hospitals, is dedicated to excellence in patient care, teaching and research. Since 1875, we have provided patient care for the people of London, the region, and beyond. Many national and international medical breakthroughs have been pioneered at LHSC, to the benefit of patients at home and around the world. Through our affiliation with Western University and more than 30 other educational institutions, we train more than 1,800 medical and health care professionals annually.

Job Summary

London Health Sciences Centre is now seeking a values-based, participatory, patient and family-centered healthcare leader as the Vice President (VP) Finance & Chief Financial Officer (CFO).  The position of VP Finance & CFO is responsible for providing strategic leadership and oversight of all financial services, accounting, procurement, and financial planning.  The CFO will work in close collaboration with St. Joseph’s Health Care with the oversight of Health Care Materials Management Services an unincorporated joint venture of both organizations.

The VP Finance & CFO is accountable and shares responsibility with other LHSC executives to assure the provision of safe, quality and cost effective healthcare for our patients and community in alignment with the organization’s mission, vision and values.

The Ideal Candidate

The Ideal Candidate will have a proven ability to work effectively and collaboratively across the organization and maintain positive working relationships with the leadership of clinical, support services and medical programs.  They must also maintain positive working relationships with the Ministry of Health, South West LHIN, Infrastructure Ontario (IO), and other provincial organizations as required.

Will have a minimum of ten (10) years’ experience in progressive senior leadership roles in related fields (finance and accounting), and complex operation environments with significant organizational change.  Experience in health care and/or public sector/not-for-profit is an asset.

The ideal candidate will be a Chartered Professional Accountant (CPA/CA) and will hold a Master’s Degree in business, accounting or a health leadership related degree. They will also be able to demonstrate their ability to fulfill the outlined responsibilities and accountabilities below.

Key Responsibilities & Accountabilities

The VP Finance & CFO reports to the Chief Business Operations Officer (CBOO) and will be working closely with both the CEO and CBOO in the strategic oversight of LHSCs financial performance.  The VP Finance & CFO is accountable for the quality and overall development and coordination of the programs within his/her portfolio.  Safety (patient, worker & workplace) is a LHSC Corporate Priority. The successful applicant will demonstrate good stewardship in the identification, reporting and mitigation of unsafe acts or conditions.  In the role of VP Finance & CFO, the new incumbent will be responsible for the following:

Key Deliverables:

  • Provides strategic financial management and operational people-centered leadership to both an assigned portfolio and the organization as a whole;
  • Annual business planning and oversight of financial planning;
  • Develops standardized reporting model for financial and decision support information.
  • Maintenance of all capital budgets and planning;
  • Leads the implementation of case costing and operating room costing systems
  • Regular measures LHSC’s performance against peers
  • Development and use of expertise in Health System Funding Reform (HSFR) and Health Based Allocation Model (HBAM) forecasting, Bundled Payment and future funding models for Ontario Health Teams;
  • Meeting or exceeding LHSC, Ministry and LHIN accountability targets;
  • Creates organizational planning and reporting systems;
  • Provides staff support for the finance and audit of the Board and other relevant subcommittees.
  • Experience supporting and working with governance
  • Provides corporate performance reports for the Executive team, CEO and Board of Governors as requested.

 Required Skills:

  • Collaborative and team-building expertise, both inside and external to LHSC;
  • Commitment to mentoring others and professional development;
  • Expert people-centered leadership and management/ business acumen;
  • Passion for patient-centered care and high quality safe care, caring and patient/family experiences;
  • Role modeling LHSC values.

 Please apply at LHSC Careers site:

 Submission Requirements (please submit in one document)

  • Cover Letter, Resume, Listing of Education, Credentials, Certifications and References

As part of the assessment process applicants may be required to complete a written project plans, presentations and proposals.  Please be advised that a reference check will conducted as part of the selection process.

 Your interest in this opportunity is appreciated. Only those applicants selected for an interview will be contacted. Successful candidates, as a condition of job offer, would be required to provide a satisfactory police information check (original document) completed in the last 3 months, and a complete a health review which includes providing vaccination records or proof of immunity against Measles, Mumps, Rubella, and Varicella (Chicken Pox), Hepatitis B, Tetanus/Diphtheria/Polio; Meningitis. In addition, they will need to provide documentation of the Tuberculosis skin testing (two step). 

Job Category

Chief Financial Officer


London, ON