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Finance Manager
Apply
$101k-129k (estimate)
Full Time 1 Day Ago
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Texas Health Action is Hiring a Finance Manager Near Austin, TX

Job Description

Job Description

Texas Health Action (THA) is a community-informed non-profit organization dedicated to providing access to culturally affirming, quality health services in a safe and supportive environment, with an expertise in serving LGBTQIA people and those impacted by HIV. THA's programs include Kind Clinic, Waterloo Counseling Center, and TeleKind. Read more about THA here: http://texashealthaction.org.

As THA continues to expand its impact, we seek a highly skilled and experienced Finance Manager responsible for financial planning, analysis, and reporting to support strategic decision-making and drive the organization's financial performance. Serving as a trusted financial advisor and key contributor to our overall strategy and success, the ideal incumbent is knowledgeable, analytical, collaborative, ethical, diligent, entrepreneurial, and focused on mission.

Reporting to the Chief Financial & Administrative Officer, the Finance Manager plays a key role in budgeting, forecasting, financial modeling, developing effective financial strategies, and ensuring proper management of healthcare revenue streams aligned with Texas Health Action’s mission and strategic objectives. This role partners closely with the leadership team to provide financial insights and recommendations to optimize resource use and achieve organizational goals.

This is a full-time, exempt position. Remote work is allowed, but the incumbent must reside in the state of Texas and will occasionally be required to attend meetings and perform certain portions of its duties on-site at our administrative headquarters in Austin, Texas. Please note that this job posting may appear in multiple regions, but there is only one position to be filled. All postings will be removed once the position has been filled.

Key Responsibilities:

Financial Planning & Analysis

  • Lead the annual budgeting process in coordination with department leaders to develop comprehensive organizational budgets
  • Conduct financial modeling, analysis, and forecasting to project future performance and assess financial impacts of strategic initiatives
  • Analyze financial data, identify trends and key drivers, and provide actionable insights to guide operational and business decisions
  • Develop financial plans, business cases, and presentations to evaluate investments, program expansions, and growth opportunities
  • Monitor financial performance against budget and provide variance analysis with recommended actions

Healthcare Revenue Management

  • Manage the 340B pharmacy program to maximize savings on outpatient drug costs while ensuring full compliance
  • Design effective processes, controls and audits related to revenue cycle and other healthcare revenue mechanisms.
  • Develop strategies and initiatives to enhance revenue capture, optimize reimbursements, and reduce revenue leakage
  • Analyze revenue data, reimbursement trends, and payer contracts to identify opportunities for improvement

Financial Leadership & Strategy

  • Collaborate with leadership to establish financial goals, KPIs, and overall financial strategies aligned with mission and goals
  • Identify opportunities to enhance profitability, manage expenses, streamline operations, and maximize utilization of resources
  • Build and mentor a team of analysts, fostering an environment of continuous improvement
  • Maintain expert knowledge of nonprofit accounting standards (GAAP), regulations, and relevant best practices

Reporting & Compliance

  • Prepare detailed management reports, financial analyses, and presentations for leadership and the Board of Directors
  • Develop robust reports, dashboards, and visualizations to monitor financial performance and identify any bottlenecks effectively
  • Ensure compliance with relevant laws, regulations, policies, and funder/grantor requirements
Compensation:

Based on job duties and requirements, this position is placed in pay grade 48 with a full-time, annual salary range of $85,000 to $110,000 plus a performance incentive structure. The actual salary will be based on the candidate's qualifications and experience.

Requirements

Education & Experience
  • Bachelor's degree in Finance, Accounting, Business or a related field
  • Minimum of 5 years of progressive finance experience
  • Demonstrated experience with healthcare revenue cycle management and/or 340B program administration
  • Proven experience supervising a team
  • Experience leading organizational budgeting process
Skills & Abilities
  • Strong financial modeling, forecasting, and financial analysis capabilities
  • Excellent problem-solving, decision-making, and strategic thinking skills
  • Proficiency with financial systems, databases, and advanced Excel/reporting tools
  • Outstanding communication and presentation abilities to convey complex financial information
  • Outstanding interpersonal and relationship-building skills.
  • Ability to communicate complex financial information to diverse stakeholders.
  • Comfort in a fast-paced, dynamic environment with changing priorities.
  • High level of ethics, integrity, and commitment to the mission of Texas Health Action and the communities it serves.

EOE Statement: Texas Health Action is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Benefits

  • Health Care Plan (Medical, Dental & Vision)
  • Employee Assistance Program
  • No-cost telehealth Visits via HealthiestYou
  • Retirement Plan with employer contribution and matching
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Holidays)
  • Disability (Short Term & Long Term)
  • Training & Development Budget
  • Family Leave
  • Flexible Work Schedule

Job Summary

JOB TYPE

Full Time

SALARY

$101k-129k (estimate)

POST DATE

05/03/2024

EXPIRATION DATE

05/18/2024

WEBSITE

texashealthaction.org

HEADQUARTERS

AUSTIN, TX

SIZE

50 - 100

FOUNDED

2015

CEO

MELANIE MCELROY

REVENUE

<$5M

INDUSTRY

Business Services

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About Texas Health Action

Texas Health Action is a non-profit organization that promotes sexual health and wellness by empowering the entire community through education, healthcare, and advocacy. A program of Texas Health Action , the Kind Clinic provides sexual health services including PrEP and PEP access, STI testing and treatment, HIV testing, and gender affirming care to Central Texans in need. The Kind Clinic strives to provide sexual health services to all members of the LGBTQ community and allies, regardless of race, creed, gender expression, or sexual orientation.

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The following is the career advancement route for Finance Manager positions, which can be used as a reference in future career path planning. As a Finance Manager, it can be promoted into senior positions as a Finance Manager, Sr. that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Finance Manager. You can explore the career advancement for a Finance Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Finance Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Finance Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Prepare financial statements, business activity reports, and financial forecasts.

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Ensure that the organization’s financial records and recordkeeping methods are in compliance with applicable standards and regulations.

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Manage employees and contractors who are responsible for financial reporting and budgeting.

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Periodically review the organization’s financial reports and identify opportunities for cost reduction.

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Analyze data and advise top management on how to maximize profits.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Finance Manager jobs

Analyze market trends and identify opportunities for growth/expansion.

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SOversee organization’s investments.

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Experience in the financial sector with previous possible roles such as financial analyst

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Step 3: View the best colleges and universities for Finance Manager.

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