Senior Director, Health Plan Finance

Sanford HealthSioux Falls, SD
Onsite

About The Position

Sanford Health, the largest rural health system in the United States, is dedicated to transforming the health care experience and providing access to world-class health care in America’s heartland. This Senior Director role is responsible for managing and applying resources to general enterprise financial operations, guided by experience, organizational goals, and operational strategies. The position also involves the management of cyclical projects. The role requires working on complex financial matters where analysis of issues, data, and processes demand advanced specialist knowledge and in-depth industry and technical expertise. As a strategic partner to leadership and an integral member of the senior leadership team, the Senior Director will lead financial activities to ensure accurate and complete accounting and financial reporting, understand all financial results and forecasts, and provide comprehensive advice relevant to strategic decisions. Relocation to Sioux Falls, South Dakota, is required for this senior leadership role.

Requirements

  • Bachelor’s degree in finance, accounting, business, business management or a related field.
  • Five years of management experience.

Nice To Haves

  • Master in Finance (MiF), Master of Accounting (MAcct), Master of Business Administration (MBA) or a master's degree in a related field.
  • Experience in a health care industry.
  • Certified Public Accountant (CPA).

Responsibilities

  • Manage and apply resources to general enterprise financial operations, guided by experience, organizational goals and operational strategies.
  • Manage cyclical projects.
  • Work on complex financial matters where analysis of issues, data and process require advanced specialist knowledge and in-depth industry and technical knowledge.
  • Lead financial activities resulting in accurate and complete accounting and financial reporting.
  • Lead employees and leverage subject matter experts for more detailed information and expertise on complex issues.
  • Understand all financial results and forecasts, and act as a strategic partner to leadership and function as an integral member of the senior leadership team.
  • Review and approve operating plans and financial forecasts.
  • Execute insightful scenario planning and sensitivity analytics, and advise leadership of potential issues and opportunities.
  • Oversee compliance with Generally Accepted Accounting Principles (GAAP), local statutory requirements, enterprise policies, procedures and risk management.
  • Proactively deliver comprehensive advice to leaders relevant to strategic decisions in the areas of cost management, cash flow analysis and margin improvement.
  • Actively contribute to the creation of strategic plans and set performance targets in alignment with business objectives.
  • Encourage others to consider innovative alternatives and contribute to moving the enterprise forward in operational efficiency and effectiveness, while driving profitable business growth.
  • Operationalize global systems and processes.
  • Fully exploit available technology and provide meaningful analytics to assist leaders in making business decisions.
  • Lead through both influence and credibility, provide accurate and timely feedback to team members, and be comfortable receiving feedback.
  • Engage and challenge the status quo for processes, technology and models, and explore ways to develop team members through direct and indirect mentoring.
  • Direct the daily finance activities for development and research, support services and administration.
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