Your Health Idaho
Overview
Position title: Director of Finance Reports to: Executive Director FLSA status: Exempt Position Summary
Responsible for Your Health Idaho’s (YHI) financial strategy, financial planning and analysis, company audits, compliance, and bank relationships. They will collaborate with the Executive Director and the executive team to make decisions regarding YHI’s financial strategy and operations. The candidate will possess a strong background in finance, accounting, and management. Company Overview
The Idaho Health Insurance Exchange, dba Your Health Idaho, was established in 2013 by Idaho House Bill 248. We are an independent entity overseen by a 19-member Board of Directors. Your Health Idaho is Idaho’s online marketplace where Idaho individuals, families, and small businesses can shop, compare, and choose the health insurance that’s right for them. We are also the only place where Idahoans can apply for and receive a tax credit that can pay for some or all of their monthly premiums. We serve over 140,000 Idahoans and support ~$740m in annual premiums. Your Health Idaho has received multiple awards for our culture and is recognized as a premier employer in the Treasure Valley. Responsibilities
Oversee and manage the day-to-day activities of the finance and accounting functions to include payroll, general ledger, accounts payable, accounts receivable, account reconciliations, grant administration, and related functions. Oversee financial planning and analysis activities including short and long-term budgeting, forecasting, what if scenario planning, and related functions. Oversee and/or develop financial management reporting including annual financial statements in accordance with GAAP and GASB. Oversee, or develop as needed, a reliable cash flow projection process and reporting mechanism that includes established operating and capital cash reserves. Participate in strategic planning process and implement systems to track tactical activities in support of strategic initiatives. Ensure compliance with federal, state, and local regulatory requirements by researching existing and new legislation, consulting with outside advisors, and filing financial reports. Enhance and/or develop, implement, and enforce policies and procedures to ensure strong financial controls environment by way of systems that improve the overall operation and effectiveness of the organization. Become a strategic partner with the executive team regarding operational and financial impacts from federal and state regulatory changes, strategic initiatives, and operational changes. Oversee the Accounting and Finance team to include hiring, training, development, performance coaching, accountability, defining expectations and related management responsibilities. Perform other duties as assigned. Qualifications
Bachelor’s degree in accounting, finance or related field required; master’s degree preferred; CPA or other relevant professional credential preferred. 8 to 10 years accounting/finance experience, including 5 years senior management experience. Executive experience preferred. Strong knowledge of finance, accounting, budgeting, and cost control principles including GAAP, GASB, and financial reporting systems. Knowledge of federal and state financial regulations and reporting requirements. Experience with federal and/or state-funded projects preferred. Demonstrated success working with a wide range of stakeholders including strong oral and written communication ability as well as presentation skills. Superior skills utilizing accounting software and Excel including complex modeling utilizing advanced logic-based Excel functionality. Ability to understand and develop big picture strategies and break them down into actionable tasks. Ability to assume responsibility and maintain confidentiality consistent with the values and integrity of YHI. Demonstrated ability to work within a quickly evolving organization, manage multiple complex priorities and respond effectively to change. Ability to anticipate the needs of YHI and implement short and long-term solutions to meet those needs. Team player with exceptional interpersonal, problem-solving, and communication skills. Physical & Other Requirements
Ability to work in office and workshop settings. Frequent facilitation of meetings, workshops, or group meetings. Use of normal office machines. Ability to listen to and understand others as well as ability to give and receive instructions via telephone, computer messages, face-to-face, and in writing. Ability to sit and work at a computer for long periods of time. Requires occasional travel. Availability to work additional hours or weekends as projects demand. *The functions described herein are not the only responsibilities and tasks to be performed by the individual occupying this position. The individual will be required to follow any other instructions and to perform any other job-related duties as required by his/her supervisor or manager. Requirements stated herein are minimum levels of knowledge, skills, and/or abilities to qualify for this position. To perform the responsibilities of this position successfully, the individual will possess the abilities and aptitudes to perform each task proficiently. “Ability” means to possess and apply both knowledge and skill. This job description includes the essential functions of the job that an incumbent must be able to perform with or without reasonable accommodation. This document does not create an employment contract, implied or otherwise. The organization maintains “at will” employment. This job description is subject to review and may be revised or updated at management’s discretion.
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Position title: Director of Finance Reports to: Executive Director FLSA status: Exempt Position Summary
Responsible for Your Health Idaho’s (YHI) financial strategy, financial planning and analysis, company audits, compliance, and bank relationships. They will collaborate with the Executive Director and the executive team to make decisions regarding YHI’s financial strategy and operations. The candidate will possess a strong background in finance, accounting, and management. Company Overview
The Idaho Health Insurance Exchange, dba Your Health Idaho, was established in 2013 by Idaho House Bill 248. We are an independent entity overseen by a 19-member Board of Directors. Your Health Idaho is Idaho’s online marketplace where Idaho individuals, families, and small businesses can shop, compare, and choose the health insurance that’s right for them. We are also the only place where Idahoans can apply for and receive a tax credit that can pay for some or all of their monthly premiums. We serve over 140,000 Idahoans and support ~$740m in annual premiums. Your Health Idaho has received multiple awards for our culture and is recognized as a premier employer in the Treasure Valley. Responsibilities
Oversee and manage the day-to-day activities of the finance and accounting functions to include payroll, general ledger, accounts payable, accounts receivable, account reconciliations, grant administration, and related functions. Oversee financial planning and analysis activities including short and long-term budgeting, forecasting, what if scenario planning, and related functions. Oversee and/or develop financial management reporting including annual financial statements in accordance with GAAP and GASB. Oversee, or develop as needed, a reliable cash flow projection process and reporting mechanism that includes established operating and capital cash reserves. Participate in strategic planning process and implement systems to track tactical activities in support of strategic initiatives. Ensure compliance with federal, state, and local regulatory requirements by researching existing and new legislation, consulting with outside advisors, and filing financial reports. Enhance and/or develop, implement, and enforce policies and procedures to ensure strong financial controls environment by way of systems that improve the overall operation and effectiveness of the organization. Become a strategic partner with the executive team regarding operational and financial impacts from federal and state regulatory changes, strategic initiatives, and operational changes. Oversee the Accounting and Finance team to include hiring, training, development, performance coaching, accountability, defining expectations and related management responsibilities. Perform other duties as assigned. Qualifications
Bachelor’s degree in accounting, finance or related field required; master’s degree preferred; CPA or other relevant professional credential preferred. 8 to 10 years accounting/finance experience, including 5 years senior management experience. Executive experience preferred. Strong knowledge of finance, accounting, budgeting, and cost control principles including GAAP, GASB, and financial reporting systems. Knowledge of federal and state financial regulations and reporting requirements. Experience with federal and/or state-funded projects preferred. Demonstrated success working with a wide range of stakeholders including strong oral and written communication ability as well as presentation skills. Superior skills utilizing accounting software and Excel including complex modeling utilizing advanced logic-based Excel functionality. Ability to understand and develop big picture strategies and break them down into actionable tasks. Ability to assume responsibility and maintain confidentiality consistent with the values and integrity of YHI. Demonstrated ability to work within a quickly evolving organization, manage multiple complex priorities and respond effectively to change. Ability to anticipate the needs of YHI and implement short and long-term solutions to meet those needs. Team player with exceptional interpersonal, problem-solving, and communication skills. Physical & Other Requirements
Ability to work in office and workshop settings. Frequent facilitation of meetings, workshops, or group meetings. Use of normal office machines. Ability to listen to and understand others as well as ability to give and receive instructions via telephone, computer messages, face-to-face, and in writing. Ability to sit and work at a computer for long periods of time. Requires occasional travel. Availability to work additional hours or weekends as projects demand. *The functions described herein are not the only responsibilities and tasks to be performed by the individual occupying this position. The individual will be required to follow any other instructions and to perform any other job-related duties as required by his/her supervisor or manager. Requirements stated herein are minimum levels of knowledge, skills, and/or abilities to qualify for this position. To perform the responsibilities of this position successfully, the individual will possess the abilities and aptitudes to perform each task proficiently. “Ability” means to possess and apply both knowledge and skill. This job description includes the essential functions of the job that an incumbent must be able to perform with or without reasonable accommodation. This document does not create an employment contract, implied or otherwise. The organization maintains “at will” employment. This job description is subject to review and may be revised or updated at management’s discretion.
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