Jennifer Sandell
North Oaks,MN
Summary
Visionary leader with a proven track record in steering organizations toward success through strategic planning and effective management. Expertise in analyzing complex financial data to recommend actionable solutions that enhance growth and profitability. Adept at building cohesive teams and driving innovation, resulting in improved operational efficiency and achievement of business objectives. Recognized for transforming challenges into opportunities, significantly impacting company performance.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Senior Vice President, Strategy and Risk Management
Noridian Healthcare Solutions
09.2021 - Current
- Responsible for creating a vision and strategic plan to continually move Noridian forward with new business opportunities, organizational growth, and financial profitability
- Ensures the company is functioning optimally and achieving that vision and associated goals
- Coordinates the execution of the Risk Appetite Program; designing and implementing tools and processes to support the Risk Reporting Governance activities for Noridian
- Performs risk reviews, monitors risk exposure and compliance against the risk appetite metrics and provides guidance to the organization on the governance aspects of the program
- Identify gaps in the control environment and developing risk mitigation strategies and proposals for the remediation of risks
Vice President, Audit/Reimbursement/Recoupment
Noridian Healthcare Solutions
06.2019 - 08.2021
- Created and executed operational strategies for the Provider Audit, Reimbursement, and Recoupment departments to ensure quality performance on Medicare contracts.
- Coordinated resources of 250 FTEs and developed and evaluated work of assigned staff
- Delivered precise data insights to support audit-related decisions.
- Secured consistent adherence to compliance standards for accreditation and billing.
- Supported the development of annual departmental, corporate planning and budget process by coordinating and communicating an understanding of the external healthcare environment
- Advocated for and directed an internship program to build new talent and create awareness of the Noridian brand
- Designed and implemented training programs tailored for ~200 auditors.
- Managed distribution of large-scale advance payments to providers in response to pandemic-related needs.
Finance Director, Allina Home Care Services
Allina
St Paul, MN
05.2016 - 06.2019
- Directed strategic planning for financial operations across Allina Home Care Services' six programs, overseeing over 1200 FTEs.
- Chief collaborator with the VP of Operations to determine the operational direction of the organization.
- Directed the efficient and precise analysis of forecasts, budgets, and financial reports to assist business unit leadership in their responsibilities.
- Oversaw preparation and execution of yearly capital budgeting process.
- Aligned financial policy and internal controls with operational objectives.
- Oversaw contract evaluations to ensure adherence to compliance standards.
- Oversight and responsibility of the work performed by a team of five
- Provided analysis of financial reports and financial trends in order to assist operational directors in decision-making, increased gross revenue by 12% year-over-year.
- Reduced revenue held from $6 million to $3 million in 6 months.
- Drove strategic initiatives to enhance product profitability within the Durable Medical Equipment program.
- Optimized $1M in savings through workflows and COGS analysis.
Finance Manager, Financial, Planning and Analysis
UnitedHealth Group
Eden Prairie, MN
10.2014 - 04.2016
- Cultivated strong collaborations with finance leaders to enhance financial planning and analysis processes for a consolidated Optum.
- Oversaw development of both internal and external financial reports.
- Directed and analyzed monthly closing processes, providing clear insights into results.
- Managed the work of four direct staff to accomplish tasks and meet tight deadlines, all while handling multiple work streams simultaneously.
- Created detailed reports for use by senior executives.
- Achieved a 50% reduction in required time for report compilation.
- Researched and reviewed SG&A records, and ensured cost data was allocated appropriately.
- Rectified $2.7M in Optum Corporate annual cost discrepancies.
Manager, Enterprise Risk Management
UnitedHealth Group
Eden Prairie, MN
03.2012 - 10.2014
- Assisted in creating an Enterprise Risk Management program to comply with NAIC's 2015 Own Risk and Solvency Assessment (ORSA) reporting requirement.
- Conducted individual risk interviews with senior executives to assess processes and pinpoint inefficiencies.
- Evaluated the effectiveness of the governance processes, risk appetite, mitigation strategies, and policies and procedures.
- Partnered with stakeholders to align business strategies with risk management controls.
- Collaborated with management to define and track key performance indicators (KPIs), analyzed and identified process improvement opportunities, and guided managers to implement risk mitigation strategies.
Supervisor, Revenue Finance
UnitedHealth Group
Eden Prairie, MN
03.2008 - 03.2012
- Directed month-end financial processes, maintaining compliance with established accounting practices for PacifiCare and Oxford health plans.
- Managed the monthly billing and accrual process for different revenue sources to ensure accurate financial results within established timeframes.
- Implemented technology solutions to enhance controls within financial processes.
- Directed a staff of three, ensuring accurate daily operations and prompt resolution of issues.
- Played a key role in the reorganization and centralization of Oxford accounting, allowing for a seamless transition without financial risk.
- Led the PacifiCare unapplied cash project, which identified AR system variances and errors; earned an award for UHC Finance - Cooperation Across Groups in August 2009.
- Worked closely with internal audit to comply with annual audits; earned an award for Excellence in Audit Performance – UnitedHealth Group 2010 Audit.
Senior Audit Associate
KPMG
Minneapolis, MN
09.2005 - 03.2008
- Performed financial audits and due diligence of a client base consisting primarily of agricultural firms.
- Applied risk assessment standards to conduct and participate in audits pertaining to internal control efficiency, and risk reduction.
- I supervised members of the audit team and prepared audit reports for presentations to management.
- Tested internal controls and operational procedures company-wide to ensure compliance.
- Audited joint ventures and subsidies nationwide.
- Improved internal control efficiency and risk reduction by presenting valuable audit findings.
- Served as main liaison between Accounts Receivable and Accounting.
- Streamlined receivable data report preparation to eliminate 15 hours of weekly staff work.
Education
Bachelor of Business Administration - Accounting And MIS
University of Wisconsin-Eau Claire
Skills
- Experience in all areas of healthcare-insurance, providers, and Medicare/government
- Interpreting complex information
- Research and Data Analysis
- Financial Reporting and Analysis
- Leadership
- Analytical skills
- Risk and Compliance
- Verbal and presentation skills
- Strategic leadership
- KPI tracking
Certification
- CPA-inactive
Timeline
Senior Vice President, Strategy and Risk Management
Noridian Healthcare Solutions
09.2021 - Current
Vice President, Audit/Reimbursement/Recoupment
Noridian Healthcare Solutions
06.2019 - 08.2021
Finance Director, Allina Home Care Services
Allina
05.2016 - 06.2019
Finance Manager, Financial, Planning and Analysis
UnitedHealth Group
10.2014 - 04.2016
Manager, Enterprise Risk Management
UnitedHealth Group
03.2012 - 10.2014
Supervisor, Revenue Finance
UnitedHealth Group
03.2008 - 03.2012
Senior Audit Associate
KPMG
09.2005 - 03.2008
Bachelor of Business Administration - Accounting And MIS
University of Wisconsin-Eau Claire
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