Director of Accounting

Ann & Robert H. Lurie Children’s Hospital of Chicago provides superior pediatric care in a setting that offers the latest benefits and innovations in medical technology, research and family-friendly design. As the largest pediatric provider in the region with a 140-year legacy of excellence, kids and their families are at the center of all we do. Ann & Robert H. Lurie Children’s Hospital of Chicago is ranked in all 10 specialties by the U.S. News & World Report.

Location

680 Lake Shore Drive

Job Description

The Director of Accounting and Financial Reporting is a key Finance Division leadership position and is responsible for providing assistance to the Corporate Controller and CFO in planning and directing the activities of the Finance Division with respect to financial reporting, maintaining adequate internal controls, compliance with GAAP and other regulatory requirements and accounting processes. The Director of Financial Reporting provides leadership, support and oversight for all aspects of hospital and affiliate accounting and has primary responsibility for the annual financial audit. In addition, this position supports administration and management of the hospital and identifies opportunities to improve efficiency and profitability.

Essential Job Functions:

• Provides leadership, establishes goals and objectives and sets priorities for the Finance Division and areas of primary responsibility to include financial reporting, affiliate accounting, month-end close functions and facilitating all internal and external reporting and audits.
• Responsible for ensuring that the monthly close process for all Children’s Hospital of Chicago Medical Center entities is completed comprehensively and timely according to the close schedule.
• Thorough understanding of financial statement preparation, including Income Statement, Balance Sheet, Cash Flow and Consolidating Financial Statements.
• Assists the Controller with the monthly variance analysis and the preparation and distribution of the monthly financial report package.
• Assists the Controller in establishing and monitoring Internal Controls for all Children’s Hospital of Chicago Medical Center entities.
• Assists in accounting for non-routine transactions such as: acquisitions, pension accounting, investment accounting, debt transactions, restructuring and implementation of new accounting pronouncements.
• Coordinates financial audits, financial components 990 Tax returns, A-133 audits of state and federal grants, and other special audits as necessary.
• Ensures timely and accurate completion and filing with appropriate agencies. Ensures the adequacy of internal administrative and accounting controls. Assists with the adoption of any accounting pronouncements that are applicable to not-for-profit organizations.
• Coordinates with the accounts payable department to ensure accurate and timely payment to vendors and seamless coordination with the receiving and purchasing departments to achieve streamlined supply chain management processes. Identify opportunities to improve efficiency and monitor productivity, volumes and trends.
• Assist the Corporate Controller and CFO with the strategic planning process, completion of special projects as assigned and overall oversight of the financial reporting processes.
• Plans and supervises the activities of direct reports, conducts annual performance appraisals, develops and mentors staff to increase technical and non-technical skills and keep staff challenged and engaged.
• Continuously seeks opportunities to re-engineer or employ a continuous improvement approach related to all functions and processes within the Finance Division to increase capabilities, reduce cost or improve customer service.
• Promotes quality service through problem-solving skills that foster positive communication and interpersonal relationships with medical center staff.
• Performs job functions adhering to service principles with customer service focus of innovation, service excellence and teamwork to provide the highest quality care and service to our patients, families, co-workers and others.
• The authority to hire, separate, promote, demote, write and administer performance evaluations.
• Other job functions as assigned.
  
  

Knowledge, Skills and Abilities:

• Bachelor’s Degree in Accounting. MBA and/or HFMA certification strongly desired.
• At least 7 -10 years relevant and progressive work experience in healthcare finance.
• Ability to work independently and professionally with the organization.
• Organizational and work planning skills to manage independent projects.
• Analytical skills necessary to develop and execute a variety of financial and operational analysis.
• Ability to communicate both oral and written complex technical issues in a clear concise manner to individuals in writing and to communicate ideas, conclusions, etc. orally to all levels of the Medical Center.
• Problem solving skills to manage day to day challenges and develop and execute long term strategic goals.
• Working knowledge of major ERP applications with extensive knowledge on financial reporting tools, system upgrades and process improvements.
• Demonstrated knowledge and experience using quantitative tools for idea generation and problem-solving. Experience using process mapping methods, e.g. flowcharts, work-flow, critical path analysis (e.g., Excel, Visio, Word, PowerPoint).
• Experience facilitating multi-disciplinary teams. Able to motivate and methodically lead a team to problem-solve to achieve desired outcomes.
• Ability to maintain a high level of integrity and confidentiality relating to patient health information (PHI) or Health Insurance Portability and Accountability Act (HIPAA).
  
  

Education

Pay Range

$119,600.00-$197,350.40 Salary

At Lurie Children’s, we are committed to competitive and fair compensation aligned with market rates and internal equity, reflecting individual contributions, experience, and expertise. The pay range for this job indicates minimum and maximum targets for the position. Ranges are regularly reviewed to stay aligned with market conditions. In addition to base salary, Lurie Children’s offer a comprehensive rewards package that may include differentials for some hourly employees, leadership incentives for select roles, health and retirement benefits, and wellbeing programs. For more details on other compensation, consult your recruiter or click the following link to learn more about our benefits.

Benefit Statement

For full time and part time employees who work 20 or more hours per week we offer a generous benefits package that includes:

Medical, dental and vision insurance

Employer paid group term life and disability

Employer contribution toward Health Savings Account

Flexible Spending Accounts

Paid Time Off (PTO), Paid Holidays and Paid Parental Leave

403(b) with a 5% employer match

Various voluntary benefits:

• Supplemental Life, AD&D and Disability
• Critical Illness, Accident and Hospital Indemnity coverage
• Tuition assistance
• Student loan servicing and support
• Adoption benefits
• Backup Childcare and Eldercare
• Employee Assistance Program, and other specialized behavioral health services and resources for employees and family members
• Discount on services at Lurie Children’s facilities
• Discount purchasing program
  
  

There’s a Place for You with Us

At Lurie Children’s we embrace and celebrate diversity and equity in a serious way. We are committed to building a team with a variety of backgrounds, skills, and viewpoints — recognizing that diverse identities strengthen our workplace and the care we can provide to the Chicago community and beyond. We treat everyone fairly, appreciate differences, and make meaningful connections that foster belonging and allyship. This is a place where you can be your best, so we can give our best to the patients and families who trust us with their care.

Lurie Children’s and its affiliates are equal employment opportunity employers. We value diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity or expression, religion, national origin, ancestry, age, disability, marital status, pregnancy, protected veteran status, order of protection status, protected genetic information, or any other characteristic protected by law.

Support email: candidatesupport@luriechildrens.org