Description

Calling All Esteemed Leaders!

This role offers the opportunity to provide senior financial leadership that supports the financial strength and sustainability of Pharmacy - Clinical Shared Services within a complex healthcare environment.

The Role

The CFO, Pharmacy Clinical Shared Services, is the senior finance leader responsible for enterprise pharmacy financial performance across inpatient and outpatient pharmacy, infusion services, 340B programs, and retail and specialty pharmacy operations. This executive leads the development of short and longterm financial strategies, identifies growth and optimization opportunities, and ensures disciplined financial execution across a multibilliondollar portfolio.

The role serves as the single accountable executive for enterprise pharmacy financial performance, including direct P&L responsibility for Credena Health, LLC, alongside oversight of additional pharmacy service lines and programs. The portfolio encompasses complex revenue, inventory, rebate, 340B, and payer dynamics that require strong financial ownership and close operational partnership.

• This is an enterprise finance leadership role that sits at the intersection of patient access and the health systems largest opportunity for meaningful financial improvement.



• You will lead the financial strategy, performance management, and valuecreation agenda across Providences integrated pharmacy portfoliospanning acute, ambulatory, infusion, retail/specialty, and 340B/contract pharmacy.



• A defining element of this role is Credena, Providences owned retail pharmacy platform, which approaches $1B in annual revenuecreates a rare opportunity to translate financial discipline into improved access, sustainability, and systemwide impact.

This position may be based in Portland, OR; Renton, WA; or Irvine, CA.

About Credena Health

Credena Health is one component of Providences broader pharmacy platform. Established in 2015, Credena delivers specialty medications and care nationwide and expanded in 2019 to include community pharmacy services. Credena operates within Providence, a notforprofit health system with a nearly 170year legacy, spanning hospitals, clinics, home health services, pharmacies, and health plans.

Across the enterprise, pharmacy services are focused on improving access, affordability, and outcomes for patients. Teams collaborate closely with patients, providers, and payers to address financial considerations, support medication access, and deliver highquality, patientcentered care.

What Youll Do

• Provide enterprise financial leadership for pharmacy services , overseeing financial strategy, planning, and performance across inpatient, outpatient, retail, specialty, infusion, ambulatory, and contract pharmacy operations.



• Lead development of the pharmacy operating budget, capital plan, and longrange financial forecast , integrating volume, mix, reimbursement, drug acquisition costs, labor, and supply expense assumptions.



• Oversee monthly financial reporting and variance analysis for the pharmacy portfolio, translating complex drivers (drug mix, 340B, payer dynamics, utilization trends) into clear insights for executive and operational leaders.



• Drive margin improvement and cost management initiatives , including drug sourcing strategies, inventory optimization, labor productivity, siteofcare optimization, and expense discipline.



• Develop and maintain enterprise pharmacy financial benchmarks , leveraging internal and external data to assess performance, identify opportunities, and support operational accountability.



• Provide financial oversight for 340B programs and contract pharmacy arrangements , ensuring accurate savings measurement, and transparent reporting of financial impact.



• Support strategic growth initiatives , including specialty pharmacy expansion, infusion strategy, retail footprint optimization, and partnerships; oversee business cases, pro formas, and investment analyses.



• Partner closely with pharmacy operations and clinical leadership to align financial strategy with care delivery, access, quality objectives, serving as a trusted advisor and thought partner.



• Collaborate with system shared services and enterprise functions to advance pharmacyrelated strategies in revenue integrity, payer contracting, supply chain, data and analytics, and technology enablement.



• Oversee financial governance for pharmacy ventures and joint arrangements , ensuring appropriate controls, reporting, and performance monitoring.



• Ensure strong financial controls and compliance across pharmacy operations, including inventory accounting, COGS recognition, rebates, charge capture, and regulatory requirements.



• Represent pharmacy finance in enterprise forums and governance bodies , contributing to systemwide financial strategy and decision making.

What Youll Bring

• Education



• Bachelors degree in Accounting, Finance, or a businessrelated field.



• Masters degree in Accounting, Finance, or a businessrelated field (preferred).



• Certification



• Certified Public Accountant (CPA) upon hire (preferred).



• Experience



• Ten (10) or more years of closely related experience.



• Ten (10) or more years of experience in a leadership role or capacity.



• Financial & Analytical Skills



• Ability to use mathematical methods or formulas to solve problems.



• Ability to analyze and interpret financial data.



• Ability to evaluate information, choose appropriate solutions, and solve problems.



• Demonstrated problem solving skills.



• Knowledge of financial principles and practices and the ability to apply them effectively.



• Communication & Interpersonal



• Effective written communication skills appropriate for the needs of the audience.



• Ability to develop and deliver effective presentations, live and via online or virtual formats.



• Excellent collaboration and team building skills.



• Effective conflict management skills.



• Ability to build relationships with customers, executive management, and other stakeholders through positive interaction and problem identification and resolution.



• Healthcare Knowledge



• Broad knowledge and understanding of trends and changes in healthcare.



• Understanding of local integrated delivery systems within a large, multi-site health system.



• Decision Making & Organizational Skills



• Ability to represent the organization with external customers and clients.



• Demonstrates a high level of accuracy, even under pressure.



• Demonstrates excellent judgment and decision-making skills.



• Excellent organizational skills.



• Ability to exercise sound judgment based on accurate and timely analysis.



• Productivity



• Ability to work within tight timeframes and meet strict deadlines.



• Ability to drive multiple projects to successful completion.



• Ability to prioritize responsibilities and organize workload to meet deadlines.



• Demonstrated ability to define, develop, and analyze performance measures and metrics.



• Project Management



• Demonstrated project management skills.



• Demonstrated planning and project oversight skills.



• Demonstrated ability to design and implement project plans, direct projects, coordinate operational teams, and manage project budgets.



• Effectively manages project deadlines and escalates issues as appropriate.



• Technical / Mechanical



• Working knowledge of desktop software applications (Outlook, Word, Excel, Access, Internet, Email).



• Knowledge of basic office practices, procedures, machines, and equipment.



• Demonstrated working knowledge of spreadsheet, database, word processing, and desktop publishing software.



• Knowledge of health information technology used to improve care (e.g., electronic medical records, disease registries, websites, IVR).

Why Join Us?

• Drive Financial Strength and Performance: Provide strategic financial leadership supporting operating margins, capital planning, revenue integrity, and longterm sustainability.



• Executive Partnership and Influence: This position serves as the single accountable executive for enterprise pharmacy financial performance, with direct P&L responsibility for Credena Health, LLC. Pharmacy is a multibilliondollar, highly regulated portfolio with complex revenue, inventory, rebate, 340B, and PBM dynamics that requires dedicated financial ownership.



• Complex, Meaningful Work: Lead financial planning and performance oversight across Pharmacy - Clinical Shared Services within an integrated health system.



• Opportunity for Impact and Growth: Support business ventures, physician compensation strategies, and systemwide initiatives that influence outcomes across regions.

Ready to Shape the Future of Healthcare?

If you are an experienced finance leader with the expertise to guide complex organizations through financial planning, performance optimization, and strategic growth, we invite you to apply. Join a leadership team focused on financial stewardship, operational excellence, and longterm sustainability in healthcare.

At Providence we believe in the importance of human connection and the impact of in-person collaboration towards team cohesion and caregiver engagement. Further, we want our leaders to live in or near the communities we serve. Therefore, leaders applying for this role will be required to work a hybrid schedule, which consists of three days onsite, two days remote and live within a reasonable commuting distance to the ministry or service area they support and lead.

About Providence

At Providence, our strength lies in Our Promise of Know me, care for me, ease my way. Working at our family of organizations means that regardless of your role, well walk alongside you in your career, supporting you so you can support others. We provide best-in-class benefits and we foster an inclusive workplace where diversity is valued, and everyone is essential, heard and respected. Together, our 120,000 caregivers (all employees) serve in over 50 hospitals, over 1,000 clinics and a full range of health and social services across Alaska, California, Montana, New Mexico, Oregon, Texas and Washington. As a comprehensive health care organization, we are serving more people, advancing best practices and continuing our more than 100-year tradition of serving the poor and vulnerable.

Posted are the minimum and the maximum wage rates on the wage range for this position. The successful candidate's placement on the wage range for this position will be determined based upon relevant job experience and other applicable factors. These amounts are the base pay range; additional compensation may be available for this role, such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities.

Providence offers a comprehensive benefits package including a retirement 401(k) Savings Plan with employer matching, health care benefits (medical, dental, vision), life insurance, disability insurance, time off benefits (paid parental leave, vacations, holidays, health issues), voluntary benefits, well-being resources and much more. Learn more at providence.jobs/benefits.

Applicants in the Unincorporated County of Los Angeles: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Unincorporated Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Requsition ID: 419238

Company: Providence Jobs

Job Category: Finance Operations

Job Function: Finance

Job Schedule: Full time

Job Shift: Day

Career Track: Leadership

Department: 4004 SS SYS FIN 5

Address: WA Renton 1801 Lind Ave SW

Work Location: Providence Valley Office Park-Renton

Workplace Type: Hybrid

Pay Range: $102.10 - $186.52

The amounts listed are the base pay range; additional compensation may be available for this role, such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities.