Chief Financial Officer
Schenectady, NY - USA
Job Summary
Life at Healthy Alliance
At Healthy Alliance our purpose is to improve health and empower communities facing barriers. Every community has its own needs affecting the health of those who live learn work and play within them. Our network brings together organizations big and small to coordinate and collaborate so that all communities have reliable access to the resources they need. Why Because every New Yorker deserves the same opportunity to be healthy.
Designated as the Social Care Network (SCN) Lead Entity for the Capital Region Central NY and North Country under New Yorks 1115 Waiver Amendments SCN & Health-Related Social Needs (HRSN) Program we are responsible for ensuring that there is a seamless consistent end-to-end process for screening navigation and the delivery of services including food housing and transportation to thousands of Medicaid Members. Transformative in nature this novel Program will further sustain our vision of cultivating a world wherein everyone has a fair and just opportunity to be as healthy as possible.
As a 2019-2024 Albany Business Reviews Best Places to Work and a 2021-2026 Modern Healthcares Best Places to Work in Health Care award recipient we strive to maintain a culture wherein high-performing mission-driven team members collectively work toward better health for all. Dedicated to promoting a culture built upon autonomy mastery and purpose we believe our differences in strengths and perspectives play an integral role in propelling us forward while our core values ground us serving as the common thread that unites our team.
Why You Should Join Healthy Alliance
We offer amenities professional development opportunities events and programming that support the interests of our teams while expanding and enriching our culture. Some of the benefits you can expect when you join Healthy Alliance include:
- Competitive compensation package
- Comprehensive insurance benefits available the 1st of the month after hire including but not limited to medical dental and vision group short-term disability and life insurance with buy-up options flexible spending and HSA company-contributed accounts and more
- 401K with a company match
- Unlimited paid time off after 90 days of employment
- Company-sponsored training and certification opportunities
- Hybrid work environment and people-first workplace
- A workplace that values safety respect employee engagement recognition and diversity
- Salary range: $195314-$226735 per year.
Actual compensation will be determined based on the selected candidates experience education skills certifications and relevant accomplishments as well as internal equity and market considerations. While candidates may be considered throughout the range placement within the range is based on alignment with the roles qualifications and requirements.
Who You Are
The Chief Financial Officer (CFO) serves as a key member of the Executive Leadership team and is responsible for the strategic and operational leadership of Healthy Alliances finance accounting treasury financial planning and analysis (FP&A) revenue optimization and risk management functions. The CFO provides enterprise-wide financial leadership ensuring the organizations long-term sustainability stewardship and readiness as health care financing increasingly shifts toward value-based and risk-bearing reimbursement models. This role serves as a strategic partner to the CEO Board of Directors health plans government agencies and community stakeholders to advance Healthy Alliances mission and position the organization for future growth innovation and financial success.
This role requires a candidate familiar with and located within Healthy Alliances footprintNew Yorks Capital Central and North Country regions.
What Youll Do
- Lead Healthy Alliances financial strategy and operational readiness for the transition from fee-for-service and grant-dependent funding streams toward value-based outcomes-driven and risk-based payment arrangements.
- Develop financial models forecasting methodologies and performance measurement frameworks that support emerging Medicaid social care managed care and population health reimbursement strategies.
- Partner with executive leadership to evaluate new lines of business alternative payment arrangements shared savings opportunities capitation methodologies and other innovative financing approaches that support long-term organizational sustainability.
- Represent the organization in all financial negotiations reconciliation activities rate discussions attribution reviews and settlement processes with Managed Care Organizations health plans state agencies and other funding partners. Serve as the lead executive responsible for protecting Healthy Alliances financial interests during settlement discussions including situations where attribution methodologies performance outcomes eligibility determinations or financial calculations are disputed or lack immediate consensus among stakeholders. Develop data-supported positions negotiate equitable outcomes and escalate issues appropriately while maintaining productive long-term relationships with external partners.
- Monitor and evaluate financial performance under payer contracts value-based arrangements government programs and strategic partnerships. Identify emerging opportunities and risks related to reimbursement Member attribution utilization trends quality outcomes and contract performance.
- Advise the CEO Executive Leadership team Finance Committee Audit Committee and Board of Directors on financial implications of strategic decisions market changes regulatory developments and emerging health care payment models.
- Lead PMPM reconciliation value-based payment initiatives financial modeling and capacity-building reporting.
- Navigate the organization through the addition of new service lines and transition to a value-based payment (VBP) model for specific services.
- Oversee the Finance and Audit Committees of the organization working closely with the Finance and Audit Committee Chairs and supporting other governance committees and the board.
- Provide executive oversight of financial systems ERP platforms budgeting payroll banking and reporting solutions.
- Ensure the maintenance of financial records and accounting systems to ensure compliance with all regulations generally accepted accounting practices and contractual requirements.
- Provide leadership for agency-wide strategic plan implementation in partnership with the CEO and Executive team.
- Maintain strategic relationships with health systems MCOs community-based organizations government agencies auditors consultants and vendors.
- Oversee audit tax treasury risk management insurance grants and internal controls.
- Oversee development implementation and enforcement of financial policies and procedures.
- Perform other responsibilities and duties as assigned.
How Youll Lead
- Developing & Empowering Others: Build a culture of development sponsor emerging leaders and scale talent strategies
- Transparent & Thoughtful Communication: Lead team or organization-wide communication and shape communication strategy
- Driving Accountability & Results: Establish systems of accountability and lead complex high-impact initiatives
- Cultivating Trust & Collaboration: Foster inclusion remove silos and align diverse groups around shared goals
- Strategic Thinking & Vision: Define vision drive innovation and influence team or enterprise-wide direction
This job description is not designed to cover or contain a comprehensive listing of task activities and/or duties that are required of the employee for this job. Responsibilities and activities may change at any time with or without notice.
What Youll Need
Education
- Bachelors degree in accounting or finance isrequired.
- Masters degree is preferred.
- CPA designation (active) is strongly preferred.
Professional Work Experience
- 10 years of progressively responsible experience infinancial management including 5 years of senior management experience.
Knowledge Skills and Abilities
- Ability to scale an organization through continuous growth.
- Demonstrated experience navigating complex payer relationships financial settlements contract reconciliations reimbursement disputes or rate negotiations involving government programs managed care organizations health systems or other health care funding entities.
- Experience leading organizations through financial transformation including value-based payment arrangements risk-bearing contracts capitation models shared savings programs alternative payment methodologies or other outcomes-based reimbursement structures.
- Strong understanding of Medicaid Managed Care financing health care economics population health funding models social care reimbursement and health care regulatory environments.
- Deep knowledge and understanding of GAAP compliance and reporting.
- Strong knowledge of health care revenue cycle and billing processes.
- A proven track record of proficiency with FP&A functions including but not limited to budgeting cash flow tracking and analysis financial planning and forecasting.
- Experience managing treasury operations including oversight of banking activities investment maximization and managing short-term and long-term debt.
- Government grant management compliance and reporting experience.
- Strong knowledge of Medicaid and experience with Medicaid billing.
- ERP implementation experience is a must.
Leadership and Management
- 5 years of senior management experience.
- Ability to manage a team of two direct reports currently and up to 10 or more as the organization grows including various levels of team members.
- Proven ability to attract supervise train and motivate employees.
- A collaborative team-oriented respectful style of communication and leadership.
- Strong coaching training and mentoring ability.
- Flexible team player with integrity and high ethical standards.
- Participative management style; advocates team concept and culture.
- Exceptional emotional intelligence skills to build and facilitate strong working relationships.
- Perform all work in accordance with Healthy Alliance core competencies and values.
Your next career opportunity is at Healthy Alliance!
This position involves sedentary work that primarily involves sitting/standing use of typical office equipment such as a computer laptop and cell phone. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Equal Opportunity Employer
Healthy Alliance is an Equal Opportunity Employer and does not discriminate against any employee or applicant on the basis of age ancestry color family or medical care leave gender identity or expression genetic information marital status medical condition national origin physical or mental disability political affiliation protected veteran status race religion sex (including pregnancy) sexual orientation or any other characteristic protected by applicable laws regulations and ordinances. We adhere to these principles in all aspects of employment including recruitment hiring training compensation promotion benefits social and recreational programs and discipline. If you require reasonable accommodation in completing this application interviewing completing any pre-employment testing or otherwise participating in the employee selection process please direct your inquiries to
Privacy Requirement
This job function involves potential access / interaction with protected health information. Position will be required to abide by company policies and procedures that support federal state and local HIPAA regulations. Any violations will be subject to company policy which includes disciplinary actions up to and including separation of employment.
Healthy Alliance is an At-Will Employer.
Required Experience:
Chief
About Company
At Healthy Alliance, our purpose is to improve health and empower the underserved. Our goal is to ensure every New Yorker has access to the social services they need.