Finance Director

Description

The Finance Director 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 Executive Leadership Team.

ResponsibilitiesAn 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

• Executive 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.

Required Education and Experience

• Bachelor’s degree in Finance and/or Accounting, or equivalent experience

• 10+ Years of finance and accounting

• Certified Public Accountant (CPA) designation

• Deep expertise in U.S. Generally Accepted Accounting Principles (GAAP)

• Knowledge and experience with multi-entities/intercompany accounting & Financial Audit

• Direct experience supervising a team

• Prior experience working within the healthcare industry

Preferred Education and Experience

• Master’s Degree(s) in Accounting and/or Finance

• Prior financial executive-level experience at a federally qualified health center (FQHC) or similar with knowledge of PPS reimbursement.

• Additional education in business administration and/or healthcare administration.

• Prior experience in Medicare Cost Report/Grant Reporting

• Proven ability to lead during a period of change and uncertainty.

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.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.