Manager, Accounting

Mass General Brigham•Somerville, MA

6d•Remote

About The Position

Responsible for overseeing the financial operations of the organization by maintaining accurate financial records, ensuring compliance with relevant regulations, and providing financial analysis and reporting to support decision-making processes.

Requirements

Bachelor's Degree in accounting or finance required
5+ years of accounting experience required
3+ years of supervisory experience required
In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and relevant accounting regulations.
Knowledge of financial analysis techniques and financial reporting.
Strong analytical and problem-solving skills.
Excellent attention to detail and accuracy.
Effective communication, interpersonal skills and the ability to lead and manage a team.
Ability to prioritize tasks, meet deadlines, and work under pressure.

Nice To Haves

Master's Degree in a related field of study preferred

Responsibilities

Manage the day-to-day accounting activities, including accounts payable, accounts receivable, general ledger, and payroll.
Ensure the accurate and timely recording of financial transactions in the company's accounting system.
Develop and implement accounting policies and procedures to ensure compliance with relevant regulations and accounting standards.
Monitor and analyze financial data to identify trends, variances, and opportunities for improvement.
Prepare and present financial reports, including balance sheets, income statements, cash flow statements, and budgets, to management and other stakeholders.
Coordinate and oversee the annual budgeting process and provide ongoing budget management and analysis.
Manage and mentor a team of accounting professionals, providing guidance, training, and performance feedback.
Primary point of contact for review of post-retirement benefit plans, defined benefit retirement plans, and defined contribution benefit plans regulatory filings, including any audited financial statements.
Coordinate with external actuaries and obtain, review, and assess accounting implications regarding actuarial reports from our actuarial consultants.
Collaborate with other MGB departments (including HR) and oversee the activity that is recorded for the various benefit programs to ensure consistency with the appropriate accounting treatment.
Coordinate with outside captive insurer and internal teams to record malpractice insurance activity and recover malpractice premiums as appropriate.
Obtain a deep understanding of fringe benefit allocation process and work with constituents across various affiliates to assist in the rate setting and recording of these transactions.
With a particular focus on material health, retirement/DB plan accounting, and FICA, assist with the development of the budgets and forecasts for each, along with the rest of the benefit programs of the System.
Assess the actuarially determined tail liabilities for certain programs.
Assist in the development of the budget and forecast for a variety of benefit plan areas, including the allocation of the budgeted amounts across fiscal periods.
Analyze and communicate budget vs. actual analyses of benefit activity, including drivers for the variances across the system.
Provide support and subject matter expertise to finance leadership regarding the financial impacts of our benefit programs.
Support Pension Management Committee materials and project impacts of decisions to be made.