Manager Accounting Operations - Remote

Company: Boston Medical Center
Location: Columbus
Posted on: June 22, 2022

Job Description:

POSITION SUMMARY: Under the general supervision of the Director FP&A, this position will be responsible for the day-to-day staff as well as developing and overseeing operations in the CHS Accounting Department. Responsible for accurate and timely issuance of monthly internal financial statements and for coordinating and facilitating the completion of audits. Manages month-end close, account reconciliations and financial statement preparation. Follows established policies and procedures to maintain integrity of general ledger and financial reporting. Key member of the CHS Management team with matrix responsibilities to BMC accounting leadership. Position: Manager Accounting Operations Department: CHS Corporate Schedule: Full Time, Remote ESSENTIAL RESPONSIBILITIES / DUTIES:

• Responsible for the coordination and control of activities related to General Accounting and Research Accounting, including all issues related to reconciliations, compliance, audits, accuracy and timeliness.
• In conjunction with other members of Accounting/Finance, manage the month-end closing processes to ensure the accurate and timely preparation and issuance of the monthly financial statements. This includes submission review and approval of journal entries, keeping track of subsystem close timelines, resolving and/or communicating any issues with closing of subsystems and overseeing various financial data interfaces into the GL system
• Assist in preparing GAAP financial statements, which includes data analysis, document preparation, integrity validation, and reconciliation processes including receivables and payables, bank account, etc.
• Coordinate and facilitate the completion of internal and external audits. Act as a liaison to related departments in order to facilitate the flow of information and oversee the production of the year-end analysis, reconciliations, financial statements and footnotes.
• Manage capital spending accounting for WIP/ JIP (works in progress/ jobs in progress). Determine and manage the closing final fixed asset account(s) with appropriate useful lives.
• Coordinate workflow within the department to ensure timely and accurate completion of all internal reports, financial statements, external filings and any ad hoc reports
• Prepare monthly consolidated financial statements for Health System entities.
• Responsible for various tax returns filing (IRS Form 990, 990-T, 1120-F, 4720 as well as various state tax returns) for Cornerstone Health Services LLC (CHS LLC).
• Develop a process to reconcile AR and cash accounts on the general ledger.
• Develop and maintain a system of internal controls over accounting and other integral parts of the organization
• Collaborate with the Financial Information System (FIS) and Treasury departments to establish accounting structures, procedures and financial reporting for new entities that are part of the consolidated financial statements.
• Work closely with FIS on any changes or upgrades to General Ledger, as well as necessary system maintenance.
• Collaborate with the BMC Health Plan and Boston University Medical Group (BUMG) finance team and other departments to streamline intercompany processes and ensure proper accounting of intercompany transactions.
• Ensure timely reconciliation of all balance sheet accounts. Review reconciliations prepared by staff and ensure timely resolution of outstanding items and variances.
• Prepare monthly variance analyses and follow up with appropriate stakeholders for further explanation of variances, if needed.
• Standardize and ensure proper documentation of general accounting policies, procedures and controls.
• Ensure proper accounting treatment in compliance with current Generally Accepted Accounting Principles (GAAP).
• Keep Current on all new Accounting Pronouncements. Responsible for researching accounting guidelines and interpreting rules for accounting questions that arise.
• Communicate with Leadership regarding areas of exposure within the Accounting office, as well as other Fiscal Services areas.
• Enhance professional knowledge by attending seminars related to healthcare and accounting.
• Develop and implement internal controls to ensure the reliability of financial reporting.
• Oversee special projects as assigned.
• Mentor and provide ongoing guidance and training of staff.
• Utilize CHS LLS Values as the basis for decision-making. JOB REQUIREMENTS: EDUCATION:
  
  
  • BA/BS in Accounting or related-degree required.
  • A Master's degree or a CPA is preferred.
  • Healthcare experience and knowledge of Infor preferred CERTIFICATES, LICENSES, REGISTRATIONS REQUIRED :
    
    
    • As stated above. EXPERIENCE:
      
      
      • 5 - 10 or more years of experience in a for-profit accounting environment, with 1 - 2 years in a supervisory role. Healthcare experience preferred KNOWLEDGE AND SKILLS:
        
        
        • Leadership ability to guide, direct and mentor staff and work effectively as a team member.
        • Skills in determining needs, gathering, analyzing and presenting data to provide accurate and timely information for management's use.
        • Excellent communication (written and verbal) and interpersonal skills.
        • Ability to maintain confidentiality.
        • Must be customer service oriented with a focus on meeting the customer's needs. Customers include internal staff and external donors, leaders and business customers.
        • Achievement oriented - A desire to set challenging objectives for self and others; to find better or more efficient ways to accomplish both routine and special tasks.
        • Must be a dedicated team player, with a strong focus on mentoring and coaching and a desire for personal and professional growth.
        • Work requires superior Excel knowledge as well as extensive experience using Infor, and ERP systems.
        • Work requires ability to function in a fast-paced environment.
        • Work requires ability to handle multiple priorities with superior organizational skills.
        • Must be willing to work additional hours as necessary.
        • Requires strong analytical skills and a solid working knowledge of US GAAP. Communication skills will also be critical in conjunction with the analytical skills, as ad-hoc analysis must be developed and refined based on specific management needs.
        • Work requires a dedicated team player with the willingness and desire to learn and grow within the organization.
        • Proven ability to successfully build relationships and focus on client service.
        • Must have superior communication skills and the ability to coach and develop a diverse team.
        • Proven time-management abilities, multitasking with effective priority definition, and demonstrated flexibility with a focus on meeting deadlines.
        • Demonstrated ability to own processes, to identify issues and opportunities for improvement, and implement such improvements.

Keywords: Boston Medical Center, Oxford , Manager Accounting Operations - Remote, Executive , Columbus, Mississippi