Controller

Alivio Medical Center•Chicago, IL

65d•Onsite

About The Position

The Controller is responsible for the company's financial plans and policies, accounting practices, maintaining cash controls, fiscal records and the preparation of financial statements. The position involves supervision over general accounting, purchasing, accounts payable, payroll administration and office operations.

Requirements

BA/BS Degree in Accounting, Finance or related field.
5+ years verifiable experience in non-profit sector, preferably in a healthcare setting.
FQHC experience highly desired.

Nice To Haves

CPA license preferred.
Experience with Sage Intact accounting software a plus

Responsibilities

Design and maintain a Financial Management System with detailed policies, procedures and internal controls which is compliant with all Public Health Service (PHS) grants management policy and audit requirements. (FQHC related organizations).
Develop and maintain an accrual-based accounting system to comply with generally accepted accounting principles and regulating authorities.
Prepare financial statements monthly, to include a balance sheet, income statement, budget comparison, collection and encounter statistics.
Analyze and interpret statistical and accounting information in order to appraise operating results in terms of profitability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the organization.
Ensure that each department is fiscally responsible and operates within a balanced budget.
Monitor cash flow and manage cash requirements and transfers.
Assist with the annual audit by assuring that required schedules, reports and documentation are readily available and provided to the auditors.
Work with the Human Resources Department to ensure timely filing of form 5500 and other required reports to the DOL and IRS.
Assist in preparing budgets for the annual grant application and other funding applications as may be appropriate.
Request PHS grant advances, assure appropriate deposit and use of grant funds, and prepare accurate cash expenditure reports as required by the Division of Federal Assistance Finance.
Assure that Alivio Medical Center’ payroll is prepared accurately and issued timely.
Assure that all tax deposits and reports are prepared and filed timely.
Assure that purchases and invoices are verified, recorded and distributed to accounts correctly.
Assure that payments for payables, leases, loans and other financial obligations are made timely.
Assure that complete and accurate inventory records are maintained.
Assure that all balance sheet accounts are verified monthly, to include bank statement reconciliations.
Cosign checks with the Executive Director or the member of the Board of Directors designated by corporate resolution.
Perform internal auditing as necessary.
Assure that Alivio Medical Center’s assets are adequately insured, that liability insurance for the corporation and its Board of Directors is provided, and that employees with cash-handling responsibilities are appropriately bonded.
Recommend policies, procedures and actions to improve the ability of Alivio Medical Center to achieve and maintain financial stability.
Attend conferences, seminars, or meetings at the request of the Executive Director to maintain current working knowledge of health care financing and financial management.
Maintain the organization's system of accounts and keep books and records on all the organization’s transactions and assets.
Establish major economic objectives and policies for the organization and prepare reports that outline the organization's financial position in the areas of income, expenses, and earnings based on past, present, and future operations.
Coordinate and direct the preparation of the budget and financial forecasts, institute and maintain other planning and control procedures (including the cost accounting system), and analyze and report variances.
Plan taxes and compliance with all federal, state, and local corporate, payroll, and other applicable taxes.
Furnish internal reports, revise and update reports to be more useful and efficient, and furnish external reports as necessary.
Evaluate and recommend insurance coverage for protection against property losses and potential liabilities.
Provide effective financial controls for the organization.
Evaluates the performance of personnel in the Accounting Department.
Supervise and evaluate assigned personnel.
Performs all other related duties as assigned.