What are the responsibilities and job description for the Director, Accounting position at Washington Hospital?
Salary Range: $165,984 - $232,377
The Director of Accounting is responsible for the performance of the accounting and financial reporting aspects of the Healthcare System. To be successful in this role, you must have strong understanding of US GAAP and GASB, healthcare industry, the accounting close process, financial statements reporting, a passion for process improvement and developing a team. This role will be responsible for the accounting operations of the System's affiliates and joint ventures, monthly and consolidated financial statements, financial audit, tax returns, and other financial projects in the accounting area. This position will ensure that the Healthcare System has accurate and timely financial information in compliance with Generally Accepted Accounting Principles (GAAP).
1. Ensures that GAAP are applied to all financial statements of the Healthcare System. Communicates changes in GAAP and the effect of those changes on the financial statements to the Controller and CFO in a timely manner. All accounts are properly stated and reported in the proper lines of the financial statements. External auditors propose no adjustments to the year-end financial statements.
2. Ensures the proper maintenance of the general ledger and supporting schedules and reports. Ensures the proper disposition of all accounts within the general ledger. The general ledger is reconciled to the financial statements. Financial reports are in balance.
3. Prepares monthly and quarterly financial and operating reports.
4. There are no errors on financial statements submitted for publication. Drafts are submitted for review on dates scheduled. Financial reports are consistent.
5. Evaluates existing accounting procedures to determine methods for reducing time and/or cost required by applying advanced knowledge and techniques to the current processes. Seeks out and implements process and productivity improvements.
6. Interacts with external auditors, including financial, sales tax, property tax auditors, etc. Ensures that audit work papers are prepared for audit. Answers auditor questions and responds to requests for information and/or reports.
7. Responds to questions and requests for information from internal customers, including members of the executive team, department managers and others.
8. Prepares quarterly consolidation of District financial information, incorporating activity of subsidiary entities. Provides subsidiary entities with quarterly reporting template needed for the consolidation.
9. Supports District bond offerings and re-financings, providing requested schedules and/or calculations.
10. Responsible for developing, implementing and maintaining the accounting systems and records for new joint ventures and investments.
11. Provides accounting support and guidance to subsidiaries and their accounting departments.
12. Responsible for implementing new GASB accounting guidance, including participating in the selection and implementation of any associated software applications, and coordinating involvement of impacted departments and subsidiaries.
13. Support ad hoc projects and initiatives of the Finance department.
Required: Graduate of recognized college with bachelor's degree in Accounting. Five years of accounting experience with demonstrated supervisory responsibility. Working knowledge of computerized accounting systems. Excellent communication and analytical skills.
Preferred: CPA, Healthcare experience
Salary : $165,984 - $232,377
