Finance Director

Open Door Health Center • Full-time • Mankato, MN • $93.60k - $110k / year • 3w ago

Job Summary:

The Finance Director will lead and oversee the financial operations of Open Door Health Center ensuring the organization’s financial health and integrity. This position will report directly to the CFO and will play a critical role in providing strategic financial direction and analysis to support the mission of providing high-quality healthcare services to underserved communities. The Finance Director must have strong experience in financial management, with a particular focus on using Sage Intacct to streamline accounting processes and financial reporting.

Primary Responsibilities

Financial Management:
Oversee day-to-day financial operations, including general accounting, budgeting, forecasting, and financial reporting.
Ensure financial records are accurate, timely, and in compliance with all federal, state, and local regulations affecting FQHCs.
Strategic Financial Planning:
Work closely with the CFO and executive leadership team to develop long-term financial strategies and goals.
Provide financial analysis and recommendations to improve operational efficiency, financial sustainability, and growth.
Sage Intacct Management:
Utilize Sage Intacct for comprehensive financial reporting, accounting functions, and data management.
Ensure the system is effectively configured, maintained, and optimized for FQHC-specific financial needs.
Lead the implementation and upgrades of Sage Intacct, ensuring seamless integration with other organizational systems.
Financial Reporting:
Prepare monthly, quarterly, and annual financial statements in compliance with GAAP and regulatory standards.
Analyze financial data, providing insights on trends, variances, and projections to guide decision-making.
Budget Development and Monitoring:
Develop and manage annual budgets, ensuring alignment with the organization’s financial goals and objectives.
Track and report on budget vs. actual performance, identifying variances and recommending corrective actions as needed.
Internal Controls and Compliance:
Maintain and enhance internal control procedures to ensure the safeguarding of the organization’s assets and financial integrity.
Ensure compliance with healthcare regulations, including those specific to FQHCs, and prepare for audits and regulatory reviews.
Audit and Tax Coordination:
Coordinate with external auditors to ensure accurate and timely audits.
Oversee tax reporting and compliance, ensuring timely submission of all tax filings.
Team Leadership:
Supervise and mentor a team of accounting and finance professionals, fostering a collaborative and high-performance work environment.
Provide training and development opportunities for team members to enhance their skills and professional growth.
Ad-hoc Projects:
Support the CFO on special projects, financial modeling, and strategic initiatives as needed.
Continuously evaluate and improve financial systems, processes, and tools to enhance efficiency and reporting.

Knowledge, Skills, Abilities, Qualifications:

Bachelor’s degree in Accounting, Finance or related field.
CPA or other relevant certifications preferred.
5+ years of progressive experience in financial management, with at least 2 years in a leadership role, preferably in healthcare or nonprofit.
Strong experience using Sage Intacct for financial management, reporting and accounting functions.
Experience working in or with a Federally Qualified Health Center (FQHCs) is preferred.
Expertise in financial reporting, budgeting, forecasting and financial analysis.
Proficiency in Sage Intacct with the ability to optimize the system for organizational needs.
Strong knowledge of GAAP and healthcare-specific financial regulations (e.g, Medicaid, Medicare).
Advanced proficiency in Microsoft Office, particularly in Excel.
Strong leadership and team management skills.
Excellent communications skills, both written and verbal, with the ability to present financial information to non-financial stakeholders.

Other Requirements:

Travel may be required to meetings, events, and to support other clinic locations within the community and across the region. Means of travel and travel expenses will be reimbursed according to ODHC’s travel policy.

Working Environment:

Physical ability to sit or stand for extended periods of time. Position requires repetitive use of fingers, hands, and wrist in job related duties, i.e. telephone, computer. Complete range of motion needed, including fine motor skills and tactile sense of both hands. Ability to lift 25 pounds. In addition, this position may require the use of additional PPE and a respirator “fit test”, including, but not limited to, face shield, face mask, gown, gloves, goggles, etc.

This document is intended to describe the general nature and level of work performed and is not intended to serve as an exhaustive list of all duties, skills, and responsibilities.

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