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Director of Finance

Company: Minnesota Community Care
Location: Saint Paul
Posted on: May 10, 2024

Job Description:

Job Details

Level
Experienced

Job Location
Admin - Saint Paul, MN

Position Type
Full Time

Education Level
Bachelors Degree

Travel Percentage
Negligible

Job Shift
Day

Job Category
Finance

Description

The Senior Director of Finance is responsible for both the long-term strategy and day-to-day oversight for the accounting, finance, and billing functions. This position reports to the President and is a member of the Senior Leadership Team.

Responsibilities

An individual in this position must be able to successfully perform the essential duties and responsibilities described. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

  • Advise the President and Executive Officer, other organizational leaders, and the Board of Directors on the financial impact of key decisions, potential projects, strategic partnerships, contracts, and/or ongoing operations.
  • Deliver accurate and timely financial statements on a monthly basis for all key stakeholders, including leading review and approval of the financial results at the monthly Finance Committee meeting.
  • Oversee all finance compliance filings and activities, including IRS Forms 990, Medicare Cost Reports, Federal Grant Awards, annual financial statement audits, provider tax returns, and annual 403b plan audits.
  • Serve as a key member on various internal committees, including the Retirement Plan Committee, the Compensation and Benefits Committee, and Quality Council.
  • Manage key external relationships for banking, legal, and accounting services.
  • Lead the preparation of the annual operating budget, proactively optimize cash flow, and manage the capital position for long-term financial sustainability.
  • Collaborate closely with medical and operational leaders to manage the performance of the organization.
  • Actively monitor finance compliance requirements within HRSA's Health Center Program Compliance Manual and update the organization's Finance Policies on an annual basis.
  • Lead financial efforts and/or negotiations related to the organization's prospective payment system (PPS) rate and Integrated Health Partnership (IHP) contract with the Minnesota Department of Health (MDH).
  • Execute all other tasks as assigned and/or required to advance the mission of Minnesota Community Care. Knowledge, Skills, and Abilities
    • Leadership: Ability to think strategically and critically, and devise innovative solutions to achieve organizational strategic goals; demonstrated capacity to frame complex situations and present persuasive options; exceptionally strong communicator with the ability to articulate the organization's mission, programs, and position to a wide and diverse audience of stakeholders; skilled at forming strong partnerships and relationships with funding agencies, strategic partners, and community opinion leaders, among others.
    • Technical Knowledge: Deep knowledge of finance and accounting best practices; applied knowledge of alternative revenue sources for community health care service delivery, including federal, state and local government funding, private grants, and other sources.
    • Mission Alignment: Commitment to excellence and passion for the organization's mission; invested in improving the health outcomes of medically underserved communities.
    • Diversity, Equity & Inclusion: A leader in applying concepts of diversity, equity, and inclusion to organizational growth and development. Knowledge of cultural competency and application thereof to community health activities; ability to relate to people of diverse backgrounds, training, and experiences. Work Environment

      Primary environment is home office, administrative office, or clinical office. This role requires regular walking. This role may come into contact with patients who may have contagious illnesses.

      Physical Demands
      • Prolonged periods of sitting at a desk and working on a computer.
      • Must be able to lift 15 pounds at times. Travel Requirements

        Must have the ability to travel between MCC sites in the St. Paul/Minneapolis metro area.

        Supervisory Responsibilities

        This role will supervise the Finance departments at Minnesota Community Care.

        Who We Are

        As Minnesota's largest Federally Qualified Health Center, Minnesota Community Care ensures that the communities we serve have access to high quality and affordable health care. Our patients predominantly identify as people of color (80%), low-wealth (61% patients = 200% FPL), and un/under-insured (40% uninsured, 45% publicly insured) (UDS, 2020).

        We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. Minnesota Community Care values building a culturally diverse staff that reflects the communities it serves, and strongly encourages women, minorities, and persons with disabilities to apply. Minnesota Community Care is committed to providing Equal Employment Opportunities to all applicants. EO M/F/Disability/Vet Employer.

        Other Duties

        Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for their job. Duties, responsibilities, and activities may change at any time with or without notice.

        Qualifications

        Required Education and Experience
        • Bachelors degree in Finance and/or Accounting, or equivalent experience
        • 10+ Years of finance and accounting experience
        • Direct experience supervising a team
        • Prior financial executive-level experience at a federally qualified health center (FQHC) with knowledge of PPS reimbursement.
        • Prior experience working within the health care industry
        • Strategic financial planning and analysis experience Preferred Education and Experience
          • Masters Degree(s) in Accounting and/or Finance
          • Certified Public Accountant (CPA) designation.
          • Additional education in business administration and/or healthcare administration.
          • Proven ability to lead during a period of change and uncertainty.

Keywords: Minnesota Community Care, St. Paul , Director of Finance, Executive , Saint Paul, Minnesota

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