Call for Applications - Finance Committee Member
The El Camino Health Board of Directors is seeking individual(s) interested in serving as a member of its El Camino Hospital Finance Committee.
El Camino Health is an Integrated Health Delivery System which serves the residents / workers of Silicon Valley and Santa Clara County. El Camino Health has received a number of awards for top level quality and patient experience.
Position:
Finance Committee Member
Industry Sector: Healthcare
Organization Name: El Camino Health
Type: NFP, $1.3B annual revenue, ~3,544 employees
Location: Mountain View, CA
Candidates will have demonstrated strategic financial effectiveness in an environment as a Financial Officer or General Manager. Experience with evolving markets and technologies applicable to healthcare, financial services, industry, real estate or other complex financial environments would be highly valued as would experience with the following: (1) evaluation of enterprise-wide strategic plans / initiatives, (2) large facility construction projects, (3) large corporate environments, (4) complex financial enterprises, (5) residence in Silicon Valley / South Bay. An active or retired senior executive may apply, as may senior consultants / advisors to the local community. Qualified candidates who are women and/or members of underrepresented communities are encouraged to apply.
Apply for Finance Committee Member position
Submissions due by October 25, 2024
Position Specification:
Role & Responsibilities:
The position on the El Camino Hospital Finance Committee is for an individual who has the interest, experience and capacity to work with a mission driven, consumer facing organization, who can collaborate with, mentor and challenge a driven management team.
In order to fulfill the duties of a Finance Committee member as outlined in El Camino Hospital’s Finance Committee Charter, candidates will have demonstrated strategic financial effectiveness in an environment as a Financial Officer or General Manager. A retired, though current as to financial matters, audit partner of a major accounting firm who has been the lead partner for other companies in the healthcare space may also be considered. The candidate will meet the qualifications necessary to be deemed a financial expert. Prior board experience is preferred but not required.
The candidate will have a demonstrated ability to facilitate and challenge an organization to adapt to changing business models, and a willingness to help the company move forward in its continuing growth as an industry leader.
Experience with evolving markets and technologies applicable to healthcare (services or products), financial services, industry, real estate or other complex financial environments would be highly valued, as would the following:
- Evaluation of enterprise-wide strategic plans / initiatives
- Large complex facility construction projects
- Experience in large corporate environments
- Experience with complex financial structures
- Background in Healthcare
- Silicon Valley / South Bay resident
- Candidates that would add gender/racial/cultural diversity to the Committee
Irrespective of his/her industry background the ideal candidate will have express experience within (and an appreciation of) an environment that places a high value on service and service excellence. The Company values diversity and seeks candidates who represent the broad and diverse nature of its customers and employees.
Responsibilities and expectations include, but are not limited to:
- Actively participating in regularly scheduled Committee meetings
- Serving as a Member of the Finance Committee
- “Guide, not decide”: be a collaborative resource for the Board and the Hospital’s management team, with specific emphasis on the financial function team, providing experience-based insight to the Hospital’s business challenges and strategic issues
- Offering strategic guidance regarding complex financial transactions such as M&A, joint ventures, collaborative affiliations and divestiture activities
- Engaging in the Company’s strategic planning process
Personal Characteristics:
The ideal candidate will have the following critical characteristics and behaviors:
- Senior (retired) executive who understands the role of governance vs. management and can focus on the important issues the finance committee is asked to evaluate
- An impeccable reputation for honesty and integrity
- Collaborative nature
- Solid communication and interpersonal skills, with the ability to be effective with other Committee members and executive management. Someone who has the ability to convey financial information to those who do not have strong financial grounding
- Innovative, creative and imaginative
- Mission driven
- Comfortable with change
Meetings:
Finance committee meetings generally occur every other month, typically on the last Monday of each month at 5:30 p.m. Participation may, from time to time, be by telephone. Occasional additional meetings are held as required for non-scheduled matters.