Controller and Senior Director of Finance
Sturdy Memorial Hospital
- Attleboro, MA
- Permanent
- Full-time
- Bachelor’s degree in Accounting, Finance or related field.
- Graduate degree and/or CPA.
- Minimum of 10 years of hospital accounting experience including management level.
- Extensive knowledge of hospital / health system accounting including intercompany entries and investments / foundations.
- Experience completing 990s.
- Experience with procurement and inventory management.
- Strong analytic and time management skills
- Extensive knowledge of laws and regulations pertaining to healthcare industry including tax exempt status.
- Maintains confidentiality and assumes responsibility to carry out all assignments in a proficient and professional manner.
- Ability to communicate (in written and oral form) effectively with a wide variety of individuals and groups.
- Identifies with, shares in, and has a commitment to the philosophy, mission and values of Sturdy Health.
- Ability to relate to persons in a manner so as to gain support and promote confidence
- Has direct responsibility for all functions and results in: Accounting, Accounts Payable, Insurance Management, Purchasing / Supply Chain Management, Budget and Decision Support.
- Is responsible for the Sturdy Health Foundation and affiliated organization monthly and annual financial closing process. Prepares the monthly financial statement packages for all entities. Ensures variances are analyzed and addressed as needed during closing.
- Responsible for the timely and accurate submission of all tax forms, including IRS Form 990, Massachusetts Form PC and Form 5500 for the Pension plan. Interprets and maintains a current knowledge of a variety of federal and state tax regulations, as they relate to non-profit organizations. Responds to questions and audits from government organizations.
- Responsible for the year-end external audit, including the preparation of supporting schedules, reports and coordination’s of all questions and other requests. Assists in other third party audits, as necessary including the 403b and Defined benefit plan (s).
- Responsible for treasury functions including administration of all bank accounts, ensuring proper controls in house and at the bank to safeguard transactions, accounts sufficiently reconciled, cash transfer and Intercompany payments. Meets with banks annually to ensure proper practices and controls remain in place.
- Responsible for reconciliation and reporting of the Hospital and Foundation investments and other balance sheet reconciliations. Responsible for the management and internal controls over the general and fixed asset ledgers, including the accuracy of entries posted from other modules.
- Responsible for monitoring all capital expense and building projects. Ensure that items submitted are appropriate to be capitalized, and within the Board approved budget. Maintains property and equipment inventories and depreciation records.
- Reviews short-term and long-term cash forecasts and oversees short-term and long-term investment management activity.
- In conjunction with the CFO, coordinates the data-gathering and report preparation associated with financial feasibility studies and schedules related to external financings.
- Develops and implements departmental policies and procedures in accordance with established accounting principles and practices. Maintain all accounting records and reports in compliance with recommended retention law.
- Oversees and works collaboratively with Director of Supply Chain Management to:
- Timely and cost effectively procure supplies necessary to provide high quality patient care. Maintain appropriate inventory both in house and at the department level.
- Routinely review GPO performance and conduct RFPs intermittently to determine if better pricing / service can be obtained elsewhere.
- Routinely report savings to Senior Management.
- Oversees and works collaboratively with Director of Budget and Decision Support to:
- Maintain, review and improve as necessary a system-wide Productivity Improvement Program to assist Sturdy in meeting standards.
- Maintain, review and improve as necessary a Service Line Reporting platform.
- Develop and maintain annual budget, track performance against budget and work with department heads to identify and mitigate budget variances.
- Oversees and works with Insurance Manager to assess risk / insurance needs and obtain appropriate coverage.
- Promotes the development and utilization of benchmarking and decision support information systems. Collaborates effectively with Information Systems staff to identify improvements in financial software applications and databases to enhance the System’s financial performance reporting. Identifies areas for operational improvement at Sturdy and develops and implements action plans to achieve sustainable operating improvements
- Is a member of multidiscipline committees throughout the organization and provides guidance and recommendations in support of financial and strategic objectives.
- Supervises staff and provides timely performance/merit reviews for staff and ensures timely review verification and sign off of payroll.
- Acts on behalf of the CFO, in his/her absence,