Zumbro Valley Health Center · 11 hours ago
Chief Financial Officer
Rochester, MN
Full-time
Onsite
Lead/Staff, Director/Executive
$141K/yr - $141K/yr
5+ years expZumbro Valley Health Center is a non-profit organization serving the Southeast MN region since 1966. The Chief Financial Officer (CFO) provides strategic and operational financial leadership, overseeing all financial functions to support the organization's mission and long-term sustainability.
CommunitiesHealth CareHospitalMental HealthNon Profit
Responsibilities
Drive the organization’s financial strategy to align with the broader organization goals and long-term vision, collaborating with other departments to ensure that financial strategies align with the overall strategies of the organization
Prepares and analyzes financial models and forecasts related to reimbursement, program growth, payer mix, and service utilization to support informed planning and resource allocation
Identify and assess financial risks that may impact the organization's performance, including reimbursement and other operational risks
Manage and provide leadership for the financial operations and staff in accordance with the Board approved budget and strategic plan
Foster a culture of continuous improvement and professional development, providing staff supervision and feedback through the employee performance evaluation processes
Ensure adequate insurance is maintained on all agency employees and assets
Ensure that agency funds are invested in accordance with the current investment policy
Leads contract strategy and rate negotiations with third-party payers, providing financial analysis and recommendations to support sustainable reimbursement, organizational growth, and long-term financial stability
Represent the agency and coordinate annual audit functions with outside audit vendor ensuring all applicable reports, work papers, journal entries, etc. are prepared and ready for audit work
Participate in the Board of Directors meeting, the Board of Directors Executive Committee and other Board-level meetings and committees
Provide executive leadership over CCBHC reimbursement strategy, considering SPA methodologies, rebase and non-rebase years, and payer relationships; ensures deep organizational understanding of CareLogic and revenue cycle processes to strengthen financial oversight, anticipate risk, and support strategic decision-making
Collaborate and be a strategic thought partner with executive leaders to understand and interpret program-level financials ensuring revenue maximization, expense management, and strategic planning
Provide executive-level oversight and guidance on agency cost reporting, ensuring maximization of revenue and strategic management of the Prospective Payment System (PPS) rate
Oversee the compilation and provision of the monthly financial statements to executive leadership, Board Executive Committee, and the Board of Directors
Directs and prepares annual operating budgets
Serve as a key resource for grants and purchase of service contracts. Collaborate with contracted counties to develop purchase of service contracts that meet the needs of the county and are aligned with agency strategies
Oversee the billing processes to counties and third-party guarantors, ensuring that bills are accurate, timely, and meet ethical and guarantor guidelines
Oversee and maintain an effective collections process for past due accounts from clients, counties, and agencies. Approve all write-offs to the profit and loss statements
Oversee all billing workflow and supervision
Qualification
Required
Bachelor's degree in accounting or business administration
Minimum of five years of accounting experience, preferably with a non-profit organization
Two years' experience or training in administration and supervision
Management experience and leadership ability
Demonstrated ability to establish and meeting priorities and goals
Effective time management skills
Ability to understand and use a variety of business and accounting related computer software
Benefits
Medical, Dental, Vision, Life, and Disability Insurance
Generous Paid Time Off (PTO)
401(k) and Roth 401(k) with Employer Match
Qualified Employer for Public Service Loan Forgiveness
Employee Assistance Program (EAP)
Free Parking & Employee Discounts
Company
Zumbro Valley Health Center
Zumbro Valley Health Center is a private non-profit organization that provides mental health, substance use disorder, primary care, and community-based services to twelve counties throughout southeastern Minnesota.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Beth Krehbiel
Chief Executive Officer
Company data provided by crunchbase