Job Title
Director, Finance
Exemption Status
Exempt
Department
Health Share of Oregon
Manager Title
Chief Financial Officer
Direct Reports
Finance Department Staff
Requisition #
25039
Pay and Benefits
Estimated hiring range $151,470- $185,130 / year, 5% bonus target, full benefits. www.careoregon.org/about-us/careers/benefits
Posting Notes
This is a Hybrid position that will require you to be in the downtown Portland office twice per month.
Job Summary
This position is responsible for overseeing all financial operations and directing corporate financial planning and structure. This position is a hands-on and participative role that leads an internal team to administer financial activities, business planning and budgeting, reporting, and auditing. This position reviews and reports the organization's financial performance to the CFO, management, and the Finance & Audit Member Advisory Committee, as well as advises on change. This position also works collaboratively with business partners through an Administrative Services Agreement and other professional services vendors.
Essential Responsibilities
Accounting
Oversees all accounting functions provided by direct staff, as well as functions provided through the Administrative Services Agreement for the organization, including general ledger maintenance, auditing, accounts payable, and accounts receivable.
Oversees and audits systems and controls to verify the integrity of all accounting data.
Oversees and approves accurate and timely financial statements.
Oversees and ensures all financial reports and related regulatory reports are prepared accurately, timely, compliant with GAAP, SAP, meet professional financial reporting standards, and timely submission of audited financials to all applicable local, state, and federal agencies.
Strategic Planning, Budgeting, and Analysis
Develops and leads the annual operating budget and planning process in conjunction with the Executive Team and the Leadership Team
Administers and reviews all financial plans and budgets; monitors progress and changes and keeps senior leadership abreast of the organization's financial status.
Prepares financial proformas for planned or projected activities.
Oversees the preparation of ad hoc analyses as requested including financial analysis to explain trends and preparation of related financial reports to explain variances.
Assists in actuarial process for rate setting with the Oregon Health Authority and plan partners.
Oversees the implementation of financial analysis related to all incentive models.
Assists in the development of financial modeling for development and analysis of rates, utilization patterns and other financial analysis.
Assists in execution of the organizational business plan.
Participates in the development and management of the organization's value-based payment methodology and model in conjunction with plan partners and stakeholders.
Auditing and Reporting
Oversees completion of reports required by the Oregon Health Authority, Internal Revenue Service, Center or Medicare and Medicaid Services, and other state and federal regulatory agencies and bodies.
Oversees the tracking, reviewing, and reporting on financial reports required of member organizations and plan partners, in accordance with policies, procedures, and contracts.
Prepares for and manages annual external audit process.
Ensures internal audit functions address the critical areas of risk for the organization.
Provides management with periodic reports that incorporate financial and utilization data to present the status of financial operations.
Compliance and Regulation
Develops and ensures compliance with Finance Department operational policies and procedures.
Develops, implements, and maintains corporate accounting and administrative policies and procedures for a wide-ranging set of activities including financial accounting and reporting, statutory or contractual policy and procedure requirements, employee relations and other corporate policies.
In collaboration with the CFO and management team, oversees and implements the policies and procedures related to a variety of restricted and unrestricted funds and assures integrity of funds and activities.
Accountable for all financial and accounting obligations directed by organization's Health Plan Services Contract with the Oregon Health Authority.
Oversees cash management, ensures compliance with investment policies, and recommends investment strategies to CFO and Finance & Audit Committee.
Ensures that financial reserves comply with requirements set forth by the relevant external parties and the Finance & Audit Committee.
Management and Leadership
Leads team of accounting and financial analysis staff to attain organization's strategic objectives.
Train, supervise and evaluate performance of assigned staff.
Provide staff with the training, mentoring and resources necessary to carry out their work.
Ensure adherence to department and organizational standards, policies, and procedures.
Ensure performance goals, expectations and standards are clearly understood by supervised staff.
Evaluate employee performance on an ongoing basis; take appropriate corrective action if needed.
Perform human resource functions in collaboration with Human Resources.
Staff advisory committees as needed.
Organizational Responsibilities
Perform work in alignment with the organization's mission, vision, and values.
Support the organization's commitment to equity, diversity, and inclusion by fostering a culture of open mindedness, cultural awareness, compassion, and respect for all individuals.
Strive to meet annual business goals in support the organization's strategic goals.
Adhere to the organization's policies, procedures, and other relevant compliance needs.
Perform other duties as needed.
Knowledge, Skills and Abilities Required
Knowledge:
Knowledge about the economic impact of business decisions
Knowledge about how the functions of a business work and relate to one another
Understanding of the insurance industry
Knowledge of the basic concepts of Managed Care
Core Skills and Abilities:
Excellent ability to apply GAAP and SAP accounting knowledge
Ability to incorporate best practices and policies for the business units and organization
Ability to manage external grants and contracts
Strong budgeting and analytical skills
Advanced spreadsheet skills
Basic word processing skills
Ability to plan, organize, manage, and monitor work projects
People management and collaboration skills
Excellent written and verbal communication skills, as well as presentation skills
Ability to work in an environment with diverse individuals and groups
Physical Skills and Abilities:
Ability to perform repetitive finger, wrist, shoulder, or neck movement for at least 6 hours/day
Ability to see, read, hear, and speak clearly for at least 6 hours/day
Cognitive Skills and Abilities:
Ability to focus on and comprehend information and learn new skills and abilities
Ability to assess a situation and seek or determine appropriate resolution
Ability to accept direction and feedback, as well as tolerate and manage stress
Education and/or Experience
Required:
Minimum 8 years' progressively responsible experience in accounting and financial analysis
Minimum 3 years' experience in a finance supervisory position
CPA license and/or Bachelor's degree in accounting, business, of finance
Preferred:
Health plan or insurance industry experience
Working Conditions
Primary Work Environment:
? Indoor/Office ? Member Facing ? Patient Facing ? Facilities/Security
Other Work Environment(s):
? Indoor/Office ? Member Facing ? Patient Facing ? Facilities/Security ? Outdoor Exposure
Hazards: n/a
Equipment: General office equipment
Travel: This position may include occasional required or optional travel outside of the workplace; the employee's personal vehicle, local transit or other means of transportation may be used.
Health Share is an equal opportunity employer and employs personnel without regard to age, citizenship, color, creed, physical or mental disability, economic status, education, ethnicity, family responsibilities, gender identity and expression, genetic information, health status including HIV status, height, housing status, marital status, matriculation, national origin, physical appearance, race, religion, political affiliation, pregnancy, sex, sexual orientation, union membership, veteran status or other unlawful factors, with respect to recruiting, hiring, job assignment, promotion, discipline, discharge, compensation, training and other terms, conditions and privileges of employment and contracting.
Health Share is committed to creating a diverse staff made of people who are dedicated, optimistic and committed to health equity from all segments of the greater Portland Region, and we encourage people of color, people with disabilities, LGBTQ+ people, women and nonbinary people, and Veterans to apply for consideration.
Visa sponsorship is not available at this time.
