Director of Financial Accounting - Financial Reporting

LCMC Health

5d•Hybrid

About The Position

The Director of Financial Accounting will manage members of the corporate accounting team, which is responsible for general accounting across all functions and departments. Reporting to the Vice-President, Finance & Analytics, you will be responsible for oversight of all general accounting functions and accounting operations for areas assigned. This is a hybrid position with in-office work required on Mondays, Wednesdays, and Fridays.

Requirements

7 years of experience gained through increasingly responsible management positions within finance.
Bachelor’s Degree in Accounting
Comprehensive knowledge and ability to research Generally Accepted Accounting Principles (GAAP)
Strong proficiency with MS Office Suite (Word, Excel, PowerPoint, Project)
Experience managing relationship with external auditors
Effective oral and written communication skills, excellent interpersonal skills
Ability to motivate others to produce quality materials within tight timeframes and simultaneously manage several projects.
Ability to participate in and facilitate group meetings.
Ability to analyze financial data and prepare financial reports.
Ability to maintain confidentiality.

Nice To Haves

5 years of health care experience
Public accounting experience
Master’s degree in accounting
Certified Public Accountant

Responsibilities

Direct and oversee the team responsible for recording transactions for all facilities within the System, which includes execution of monthly, quarterly, and annual financial close, ensuring accurate results are delivered on time for reporting in accordance with GAAP.
Monitor amounts recorded against monitored statistics to identify, investigate, and resolve any issues and assistance in explanation of variances to budget.
Direct and oversee the team tasked with recording revenues, which includes execution of monthly, quarterly, and annual revenue close, ensuring accurate results are delivered on time for reporting in accordance with GAAP.
Direct and oversee the team tasked restricted fund grants and contract accounting including federal, state, local, and private grant reporting; preparing or reviewing reconciliations of expenditures and budget to actual; and preparing, reviewing, and approving invoices.
Review reconciliations of grant expenditures, monthly invoices to grantors, and FFATA reporting.
Direct and oversee team to ensure that all account reconciliations are performed timely and discrepancies are identified and cleared to ensure accurate presentation of financial statements.
Provide assistance with Facility locations in reviewing and preparing annual budgets by providing insight into financial transactions and providing feedback on proposed budgets to determine if amounts are appropriately budgeted.
Lead, mentor, and ensure engagement of direct reports and their respective teams and works to establish short- and long-range goals and objectives for both the function and the employees.
Implement and/or maintain processes and internal controls sufficient to ensure the accuracy and completeness of all internal and external financial reporting.