Vice President of Strategic Development

Cassia is a leading provider of senior living solutions dedicated to enhancing the quality of life for seniors. Our mission is to create vibrant, engaging communities that promote independence, wellness, and meaningful connections. We are seeking an experienced and dynamic Vice President of Strategic Development to join our executive team and drive our growth initiatives. As part of our senior leadership team, you would help deliver our mission and values of "serving all by following One" as we are a faith-based, nonprofit organization that was formed between the affiliation of Elim Care and Augustana Care. 

The Vice President of Strategic Development based in Edina, Minnesota, will be responsible for coordinating the development and execution of our growth-related strategic plans to expand Cassia's market presence. In this role, you will identify, collaboratively evaluate and facilitate the strategic transition of senior care and living communities for either acquisition, merger or management by Cassia. The individual will also facilitate our strategic planning process. This role requires experience with initiating and implementing mergers/acquisitions, a strong understanding of the senior living industry, exceptional leadership skills, and the ability to build and maintain relationships with key stakeholders.

Responsibilities:
Business Development and Growth

• Collaboratively develop and implement a strategy to achieve company growth targets in new and existing markets and service lines.
• Manage lifecycle of business transactions, including initiating and managing stakeholder and professional relationships leading to mergers/acquisitions, and strategic partnerships.  
• Conduct due diligence to assess the viability and risks of potential transactions.
• Lead negotiations with potential buyers, partners, or sellers to secure favorable terms.
• Work closely and collaborate with various departments, including finance, legal, operations, clinical, and HR to ensure seamless execution of transactions including divestitures when needed. 
• Maintain positive relationships with new and existing 3rd party management/owners and follow-up on topics overlapping the contract (Ops manages day to day).
• Establish an internal protocol and metrics by which project priorities and viability are evaluated, including appropriate integration of key stakeholders.

• Foster a culture of innovation within the organization and industry stakeholders, including investors, operators, and community organizations
• Oversee the planning, execution, and monitoring of strategic initiatives and projects
• Ability to facilitate discussions, generate consensus to create specific outcomes
• Track and analyze the performance of strategic initiatives  
• Lead market research efforts to understand trends, competitor activity, and customer needs
• Prepare and present business proposals and strategic plans to the executive team and board of directors
• Acts as the staff liaison to the Strategic Planning Committee of the Cassia Board of Directors

• 10 years of experience in mergers / acquisitions, business development, and/or startups. Experience preferred in senior living or healthcare sectors.
• Proven track record of initiative, collaboration and entrepreneurial outcomes  
• Strong analytical skills with the ability to interpret market data and develop actionable strategies
• Current knowledge of legal regulatory and risk variables involved in new business development, mergers and acquisitions  
• Ability to prioritize and manage multiple tasks
• Excellent skills in problem definition and resolution
• Collaborative work style and/or knowledge of financial aspects such as payer sources, financials and net incomes
• Ability to develop and maintain positive relationships with key stakeholders  

• Wage will be $150,000 - $210,000 
• Competitive salary with credit for experience
• Tuition Discount Opportunities/ Scholarships/ Student Loan Forgiveness (ask for details)
• Paid Time Off (PTO)
• 403(b) with employer match
• Healthcare, dental, health savings, vision, life, disability, & flex spending options
• Employer paid Basic Life Insurance for Full-Time Employees 
• Employee Discount Program
• Longevity Recognition, Paid Volunteer Time, and Mentorship Programs
• Collaborative and Inclusive Work Culture
• Employee Assistance Program with free confidential counseling/coaching for self and family members 

About Us:
Cassia is a faith-based, nonprofit organization with over 200 years of experience caring for those in need. Our Mission is to foster fullness of life for older adults in the spirit of Christ’s love. We take pride in providing compassionate care for our residents by embracing our eight values and service standards: Compassion, Integrity, Excellence, Innovation, Stewardship, Unity, Respect and Collaboration. 

At Cassia, you will be empowered to foster fullness of life for those we serve. Cassia will support your career goals and celebrate your passions. If you are seeking a career experience where you will have fun, be challenged, and recognized for your individuality, Cassia is the answer. I AM Cassia... Are You?

#Indeed
 

Cassia is an equal employment opportunity/affirmative action & veteran friendly employer.

Salary : $150,000 - $210,000