Financial Reporting Manager

Aston Carter•Springfield, MA

7d•$62 - $84•Hybrid

About The Position

The Financial Reporting Manager will be responsible for preparing, managing, and presenting consolidated financial results to senior management, the Finance Committee, the Board of Trustees, and the Audit & Compliance Committee. This role leads the preparation of the annual audited consolidated financial statements and related footnotes, and oversees consolidated financial reporting for a complex, multi-entity health system with approximately $3 billion in assets and net revenue. The manager will also manage and coordinate the annual external audit process with third-party auditors, ensure timely and accurate monthly consolidated financial statements, and oversee reporting for entities operating on different accounting systems, ensuring system-level conformity. A deep understanding of significant transactions across all reporting entities is required, along with oversight of over $300 million annually in intercompany elimination activity. The role also involves ensuring accurate recording and allocation of health benefits expenses ($100 million annually), overseeing reporting of health benefits results versus budget, and preparing/coordinating defined benefit and defined contribution pension plan audits. Collaboration on financial reporting and budgeting for an offshore insurance captive, and support for financial reporting provided to bond rating agencies are also key aspects. The manager will analyze and calculate key financial ratios, including Days Cash on Hand and Days in Accounts Receivable, and provide oversight of income tax preparation and review, including federal and state filings (Forms 990, 990-T, and applicable state filings).

Requirements

CPA required
8–10 years of progressive accounting experience
Bachelor’s Degree (Required)
Strong working knowledge of GAAP and statutory accounting
Advanced proficiency in Microsoft Excel and PowerPoint
Proven ability to lead teams through change
Strong written and verbal communication skills
Demonstrated people leadership and technical problem‑solving skills

Responsibilities

Prepare, manage, and present consolidated financial results to senior management, Finance Committee, Board of Trustees, and Audit & Compliance Committee.
Lead preparation of the annual audited consolidated financial statements and related footnotes.
Oversee consolidated financial reporting for a complex, multi-entity health system ($3B in assets and net revenue).
Manage and coordinate the annual external audit process with third-party auditors.
Ensure timely and accurate monthly consolidated financial statements.
Oversee reporting for entities operating on different accounting systems and ensure system-level conformity.
Maintain detailed understanding of significant transactions across all reporting entities.
Oversee in excess of $300M annually in intercompany elimination activity.
Ensure accurate recording and allocation of health benefits expenses ($100M annually).
Oversee reporting of health benefits results versus budget.
Prepare and coordinate defined benefit and defined contribution pension plan audits.
Collaborate on financial reporting and budgeting for an offshore insurance captive.
Support financial reporting provided to bond rating agencies (e.g., S&P, Fitch).
Analyze and calculate key financial ratios, including: Days Cash on Hand, Days in Accounts Receivable.
Provide oversight of income tax preparation and review, including: Federal and state filings, Forms 990, 990-T, and applicable state filings.
Directly manage and develop GL Accountants and Senior GL Accountants.
Ensure accurate and timely accumulation of financial and statistical information.
Monitor team performance and allocate workload based on priorities and expertise.
Recommend personnel actions including hiring, promotions, merit increases, and transfers.
Develop and deliver internal training programs related to accounting methods and reporting standards.
Serve as a key liaison between cost centers and senior management.
Design and maintain systems for accurate financial and statistical reporting.
Support leadership with timely insights related to budget variances and cash flow issues.
Resolve technical accounting issues within the department.
Escalate unusual, sensitive, or precedent‑setting matters to senior leadership as appropriate.
Manage and oversee monthly consolidated financial statements and reporting metrics.
Lead year-end financial statement audits with external auditors.
Supervise and review ongoing accounting and financial reporting activities.
Oversee preparation of annual federal and state tax returns.
Manage quarterly and annual statutory filings.
Serve as subject matter expert on new and existing accounting pronouncements.
Establish and maintain accounting policies to ensure accurate and timely reporting.
Prepare and present financial information to internal and external stakeholders, boards, and committees.