Officer - Financial Reporting

Location:

Avera Health

Worker Type:

Regular

Work Shift:

Day Shift (United States of America)

Position Highlights

Monday-Friday, 8:00am-5:00pm; 80hrs/2wks

You Belong at Avera

Be part of a multidisciplinary team built with compassion and the goal of Moving Health Forward for you and our patients. Work where you matter.

A Brief Overview

Responsible for the execution of all financial reporting, general accounting, financial audits, and tax compliance. The Officer works closely with the Vice President of Finance and other Consolidated Finance Teams and non-finance stakeholders to assist and coordinate delivery of Financial Reporting Services to both internal and external stakeholders. The Officer will also assist the Vice President in leading the standards teams of the Avera Health System as it relates to finance.

What you will do

• Responsible for the monthly close and reporting process for all Avera consolidated divisions and review of financial statements for individual operating units to identify potential errors or inconsistencies. Directs resolution of issues before final financial presentations to stakeholders and effectively manages post-presentation corrections as needed.
• Assists the Vice President of Finance to ensure that accepted accounting principles and reporting regulations are met for all Avera consolidated divisions. Analyzes new agreements for appropriate accounting treatment. Keeps current on financial reporting and accounting regulations.
• Assist in leadership of Avera Health System general ledger and fixed asset standards teams. Leads the team in establishing standards for all Avera Health entities and ensures resolution and communication of standards issues to Executive Leadership.
• Directs and reviews all monthly and year-end accounting procedures and reporting including internal financial reporting, external audit preparation, tax return preparation (including 990’s and returns associated with other for-profit Avera ventures), and any other external and internal reporting. Also responsible for all filings relative to 1099’s, unclaimed property, sales and use tax, and property taxes for all states in which Avera does business.
• Directs client billing activities, manages Days in Client Billed AR within Service Standard thresholds, and escalates unpaid accounts as appropriate.
• Manages accounting for grant, foundation, and research related activities and ensures compliance with relevant accounting standards and facilitates efficient, effective, and accurate reporting for various internal and external stakeholders.
• Directs staff supporting finance needs of Avera Managed Sites in accordance with Managed Site Contracts. Coordinating with the Managed Site Finance Director regularly as needed.
• Ensures accurate, consistent accounting for, and tracking of, fixed assets and select minor equipment. Ensures all additions, transfers, and disposals occur in a timely manner.
• Directs staff in the accounting for intercompany and related party transactions to ensure accuracy and compliance with generally accepted accounting principles and regulatory requirements.
• Directs and establishes job responsibilities and authority, objectives and standards of performance for financial reporting, accounting, audit, and tax preparation within established policies, processes, and procedures to ensure compliance across all Avera divisions.
• Directs staff to ensure reconciliation of all Avera balance sheet accounts, periodically reviewing detailed reconciliations. Periodically reviews journal entries and appropriate coding of revenue and expenses and balance sheet accounts to ensure compliance with accounting standards and regulatory mandates.
• Serves as a finance partner for Marketing regarding the Community Health Needs Assessment and ensures the 990 return preparation is coordinated to reflect updates with them and the Sites.
• Directs and monitors activities to maintain compliance with established guidelines and policies associated with Community Benefit Reporting across Avera and its facilities in coordination with the Vice President of Finance and the Tax Manager.
• Maintains general knowledge of all financial modules in order to direct and/or assist with procedural/process changes within our owned and leased facilities. Participates and serves on interdepartmental committees and teams.
• Ensures established financial reporting structure is maintained, recommending improvements as identified.
• Provides technical advice and services to departmental directors, interpreting accounting reports, and identifying problem areas; and evaluating completed assignments for conformance with applicable policies, regulations and tax laws.
• Coaches and mentors managers and staff in achieving goals and implementing performance management.
• Directs and monitors staff to ensure compliance with internal control policies to protect the assets of Avera.
• Responsibilities include interviewing, hiring, developing, training, and retaining employees; planning, assigning, and leading work; appraising performance; rewarding and coaching employees; addressing complaints and resolving problems.

Essential Qualifications

The individual must be able to work the hours specified. To perform this job successfully, an individual must be able to perform each essential job function satisfactorily including having visual acuity adequate to perform position duties and the ability to communicate effectively with others, hear, understand and distinguish speech and other sounds. These requirements and those listed above are representative of the knowledge, skills, and abilities required to perform the essential job functions. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions, as long as the accommodations do not cause undue hardship to the employer.

Required Education, License/Certification, or Work Experience:

• Bachelor's in related field
• Certified Public Accountant (CPA) - Board of Accountancy
• At least five years of extensive experience in related field and managerial experience
• Working knowledge of Finance, Accounting and systems

Preferred Education, License/Certification, or Work Experience:

• Master's
• Experience with national accounting firm

Expectations and Standards

• Commitment to the daily application of Avera’s mission, vision, core values, and social principles to serve patients, their families, and our community.
• Promote Avera’s values of compassion, hospitality, and stewardship.
• Uphold Avera’s standards of Communication, Attitude, Responsiveness, and Engagement (CARE) with enthusiasm and sincerity.
• Maintain confidentiality.
• Work effectively in a team environment, coordinating work flow with other team members and ensuring a productive and efficient environment.
• Comply with safety principles, laws, regulations, and standards associated with, but not limited to, CMS, The Joint Commission, DHHS, and OSHA if applicable.

Benefits You Need & Then Some

Avera is proud to offer a wide range of benefits to qualifying part-time and full-time employees. We support you with opportunities to help live balanced, healthy lives. Benefits are designed to meet needs of today and into the future.

• PTO front-loaded for eligible hires

• Free health insurance options, for full-time single coverage on Avera High Deductible Health Plan

• Up to 5% employer matching contribution for retirement

• Career development guided by hands-on training and mentorship

Avera is an Equal Opportunity/Affirmative Action Employer Minority/Female/Disabled/Veteran/Sexual Orientation/Gender Identity. If you are an individual with a disability and would like to request an accommodation for help with your online application, please call 1-605-504-4444 or send an email to talent@avera.org.