Catholic Health Initiatives System Controller - Finance - Mercy Health Network - FT (Days) in WEST DES MOINES, Iowa
System Controller - Finance - Mercy Health Network - FT (Days)
Summary of Purpose
- The Controller contributes to the MHN vision and mission by the creation, timely modification and maintenance of an effective system to maintain accounting records and internal controls on behalf of the system as a whole and in support of each of the separate operational units.
Nature and Scope
Reports directly to the MHN Senior VP of Operations & Chief Financial Officer and is responsible for a staff of approximately TBD FTEs including a Director of Finance, Payroll Manager, Reimbursement Manager and the Regional Accounting Managers.
Works collaboratively with all members of the accounting and finance management team to assist in the achievement of system objectives.
Assists the Senior Vice President of Operations & Chief Financial Officer and other members of the executive leadership team in all areas of accounting, disbursement, financial reporting and related activities in support of all strategies, initiatives, internal controls and operational activities on a system-wide basis.
Provides general direction, technical assistance and support to all functions of MHN in the planning, implementation and execution for areas of responsibility.
Works with internal and external auditors and consultants, as required.
Responsible for planning, organizing, implementing and maintaining internal control structure, operational plans, systems and initiatives in the following key areas:
General Accounting - Responsible for the development and maintenance of a system-wide accounting system which captures financial information in a way to facilitate and provide assistance to operational elements at all levels and parts of the system. This includes establishing a set of internal controls through policies, audits, and recommendations.
Financial Reporting - Compilation and preparation of timely and accurate financial statements for each of the identifiable operating entities within the system and the consolidated whole.
GAAP Compliance - Responsible for the implementation and incorporation of GAAP (Generally Acceptable Accounting Principles) on a consistent basis throughout the system.
Responsibility Reporting - Responsible for the design, creation and distribution of responsibility reports to all levels of management.
Fixed Asset Tracking/Control and Project Management - Responsible for implementation, development and maintenance of a system-wide system to track expenditures versus capital budgets; also maintain the fixed assets inventory for financial statement, costing and depreciation purposes.
Sponsor Coordination - Serves as a point of coordination and interaction with fulfilling the agreed requirements of Catholic Health Initiatives (CHI) and Trinity Health.
Principal Duties and Responsibilities
Create, implement and maintain an effective chart of accounts which is supportive of all financial and system operational needs.
Implementation, maintenance and communication of an allocation methodology to result in accurate operational financial reports to the separate operational elements within the system.
Preparation of timely and accurate financial statements for each identifiable level of reporting activity, including consolidated reports for MHN’s management team, board of directors, various committees and sponsor organizations.
Development and distribution of accounting policies and practices that are in accordance with GAAP and supportive of system initiatives and activities.
Accurate preparation and timely distribution of responsibility reports which focus on the data elements important to operational and strategic success, gaining input and communication from all levels of management.
Maintains an effective payroll system which is in compliance with all Human Resources policies and procedures, as well as, Federal, State and Local laws; provides accurate and timely support to/coordination with any and all productivity, reengineering or similar activities (pending decision on HR/payroll Integration).
Develops and maintains an effective system for the disbursement of funds (i.e., Accounts Payable) in accordance with established procedures and guidelines and internal controls; also to coordinate with all purchasing activities with CHI / Trinity Health, as appropriate.
Functions as the primary technical resource and oversight of a system-wide set of strong internal controls; in coordination with the other Leaders in the financial area, who also will play a role.
Provides leadership, support and accounting for other areas such as: Inventory Controls, Pensions, Trusts, Restricted Funds, Foundations, Joint Ventures and other areas as may be assigned by Sr. VP of Operations & CFO.
Responsible for the coordination of all external audit efforts.
Provides consultative leadership and support services to all entities and organizations that are part of or affiliated with MHN.
Maintains a system of management reporting that provides the system with timely and relevant information in all areas of responsibility. Maintains responsibility for fixed assets, JOA tracking/coordination and bank records.
Provides advice, counsel, support and accountability of financial operations to system leadership and regional personnel.
Responsible for an approach to prepare a routine analytical review of operational activity which is based on a sound financial analysis, but also incorporates operational insight in close cooperation with the affected operational personnel.
Functions as the financial coordinating resource MHN sponsor relationships with CHI and Trinity Health.
Develops, implements, communicates and maintains a system-wide set of financial benchmarks to achieve approved strategic and operational objectives.
In concert with information systems and the rest of the accounting/finance team, supports the creation of an instrument panel of key statistics, ratios and data for use by the senior and executive leadership teams.
Develops, monitors and responds to a full range of financial, service and quality indicators in all areas of responsibility.
Responsible for assuring appropriate management practices, maintenance of appropriate staffing levels, competency assessment, staff orientation, ongoing education and development in all areas of responsibility.
Functions as an effective leader, trainer, coach and developer of all staff assigned within the areas of responsibility; and to be an effective communicator to operational personnel throughout the system seeking/needing assistance.
Is the leading resource and coordinator of all technical aspects of the Joint Operating Agreement (JOA), provides the guidance, tracking and support of JOA transactions.
Responsible for the monthly calculations of all deductions from revenue including contractual adjustments, bad debts and charity allowances. Provides a monthly analysis to management on variances and identifies opportunities to improve operating results. Responsible for the revenue recognition software requiring a thorough understanding of the system.
Responsible for the operation of the financial accounting software requiring a thorough understanding of the financial reporting system for general ledger, accounts payable, payroll, and revenue cycle analytics, projects, and fixed assets.
Provide research, vendor selection and development of the financial reporting system including coordinating all activities with information systems.
Required Education: Bachelor’s Degree required in Business, Accounting or Finance required.
Preferred Education: Master’s degree and a Fellow with HFMA are strongly preferred.
Required Licensure: CPA required
Required Certifications: CPA required
Experience: M inimum of five (5) to seven (7) years in hospital accounting or a CPA firm with related background in Healthcare accounting, with at least three (3) years of progressive management experience in general accounting in a Healthcare environment or CPA firm. Previous experience as a Controller or Assistant Controller (any industry) preferred
Preferred Skills, Knowledge, Abilities :
Strong knowledge of financial management and accounting theory and practice
Thorough knowledge of applicable tax and general corporate laws, guidelines and professional standards
Keen understanding of hospital and other general health care operations
Good system integration and interface skills assuring data integrity
Excellent communication skills
Strong change management skills
Excellent management skills
Ability to work across diverse areas
Good communicator, relationship builder, and integrator
Strong financial knowledge and understanding of major business drivers of financial performance
Strong ability to collaborate with operational teams
Strong analytic capabilities to analyze data and extract insights, and formulate actionable plans
Ability to think strategically and engage with senior leadership
Ability to plan, organize develop meeting agendas; assign accountability and follow-up of tasks
Ability to simultaneously manage multiple projects within tight time frames
Ability to meet pre-established deadlines
Job Professional Non-Clinical
Primary Location IOWA-WEST DES MOINES-MERCY WEST LAKES
Daily Schedule Days
Scheduled Hours per 2-week Pay Period 80
Weekends Required Occasional
Req ID: 2018-R0165588
We’re an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.