Vice President of Healthcare Finance

Volunteers of America National Services (VOANS) Is seeking a Vice President of Healthcare Finance. The Vice President of Healthcare Finance is a senior executive role responsible for overseeing and managing the organization’s financial operations and strategies for the Healthcare divisions of Volunteers of America National Services (VOANS) which is a 100% owned subsidiary of VOA, Inc.  

Location: 7485 Office Ridge Cir, Eden Prairie, MN 55344

Schedule: Monday-Friday 8:00 AM-5:00 PM   

Salary: $180,000-$225,000 (Salary is negotiable based on years of experience)

VP of Healthcare Finance Job Highlights:

• Medical, Dental and Vision insurance
• Health Savings Account (HSA)
• Flexible Saving Account (FSA) 
• 403(b) - with discretionary contribution 
• Paid Vacation/Sick Time

About the job:

This role is crucial in ensuring the company’s financial health, stability and growth. The ideal candidate will be capable of strategic thinking while also being willing and able to take a hands-on approach and actively participate in implementing solutions as needed. This position will work closely with and supports the EVP/CFO by engaging in various projects, and problem solving for issues as they arise. In addition, the successful candidate will need to demonstrate the following:

• Be a Leader and Mentor to existing staff to help them grow professionally.
• Be Technology Minded to create and foster a culture of embracing technology within the Healthcare Accounting Department for process and reporting efficiencies. This includes assessing and maximizing exiting systems, as well as identifying and implementing systems to drive operational efficiencies.
• An understanding of the Healthcare industry to lead the Healthcare divisions for multiple entities and subsidiaries. VOANS is a multi-state provider for Medicare, Medicaid and private pay insurance carriers. A detailed understanding of the associated compliance reporting for these payer sources is critical.

Essentials:  

• Manage staff across multiple entities
  • Mentor staff to ensure growth professionally; build bench strength within the Accounting Department.
  • Coach, train, and supervise staff in efforts to maintain a high level of customer service to internal and external clients.
  • Align the annual staff goals with the current strategic plan of VOANS.
  • Implement and maintain all financial policies and procedures in collaboration with Executive Vice President and Chief Financial Officer.
  • Manage and direct the Healthcare Controller, as well as the budgeting and forecasting, Billing, Accounts Receivable, and Payroll functions for VOANS, ensuring appropriate controls, documented procedures and quality standards are in place.

• Provide strategic financial resources to National Services. Develop solutions to organizational problems
  • Interface with, provide guidance for, and measure outcome metrics with other departments and subsidiary organizations to oversee the implementation of these solutions.
  • Work closely with Senior Vice President of Healthcare Operations as the organization considers partnerships, potential acquisitions and collaborations with external organizations.

• Drive operational efficiencies:
  • Ensure staff fully embrace the new technology systems that have been implemented to maximize the Accounting Department work flow.
  • Rethink and change budgeting and forecasting processes that will result in accurate and timely financial reporting to support the Operations Team.

• Manage relationships and financial reporting with investors and banks:
  • Be the financial point of contact with all healthcare financing deals. Review and negotiate financial compliance terms for all healthcare financing deals.
  • Relationship manager with outside legal counsel, bond holders, commercial investors, lenders, etc.
  • Manage and direct all financial reporting and compliance with all debt obligations of Volunteers of America National Services.

• Manage licensure requirements for Volunteers of America National Services operating entities.
  • Manage and direct initial enrollments for Medicare and Medicaid licensure.
  • Manage and direct re-credentialing for existing Medicare and HMO enrollments.
  • Oversee annual renewals for existing licenses for operating entities of Volunteers of America National Services.

• Serve as primary contact for governmental reporting for Volunteers of America National Services and Subsidiaries.
  • Ensure annual report filings are completed on a timely basis.
  • Ensure Volunteers of America National Services and subsidiaries are all in good standing with all state agencies.

 Required Qualifications: 

• Bachelor’s degree in finance, accounting, or related field (CPA desired and/or Master’s degree preferred).
• Minimum ten (10) plus years of progressive leadership experience required in the Healthcare industry.
• A passion for learning in a multifaceted, complex organization.
• Providing objective solutions and expertise to be a trusted advisor, helping departments to optimize their operations and achieve their objectives through a well-informed, thoughtful approach.
• Ability to provide positive customer service experience.
• Demonstrate the ability to successfully implement change to financial and program processes. Six (6) Sigma and/or Lean Six (6) Sigma preferred.
• Experience working collaboratively with other departments and demonstrating successful outcomes.
• Demonstrated experience working with boards of directors and committees.
• Excellent written and verbal communication skills.
• A positive attitude, self-confidence, and ability to work independently.
• Highly detailed oriented and refined problem-solving skills.
• Innovative thinker.
• Travel as needed.
• Advanced technical skills in accounting systems and databases:
  • Enterprise Resource Planning (ERP) with NetSuite,
  • Business Intelligence (BI) experience
  • UKG HRIS System preferred.

At VOANS, we celebrate sharing, encouraging and embracing diversity. Equal employment opportunities are available to all without regard to race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, parental status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, and any other characteristic protected by applicable law. We believe that blending individual strengths and unique personal differences nurtures and supports our organizations’ shared commitment to our mission and creates an inclusive and diverse environment where everyone feels valued and has the opportunity to do their personal best.

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Salary : $180,000 - $225,000