Director, Financial Services
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What you'll do
- Develops and recommends treatment for internal and external financial accounting and reporting issues, long term operating forecasts, and the overall consolidated Foundation annual operating budget.
- Supervises and reviews direct reports and efficient operation of the finance staff.
- Completes monthly consolidated financial statement package for Corporate Accounting based on FASB and GASB reporting requirements.
- Ensures compliance with requisite document retention requirements.
- Manages performance and maintenance of Foundation procedures and policies as well as recommendations for improvements.
- Monitors continuous workload and methodologies used to achieve results, making recommendations to improve efficiency and/or achieve cost savings whenever possible.
- Ensures that the Foundation’s internal and external financial statements and records are maintained in accordance with generally accepted accounting principles.
- Provides facility administrators, physicians, development staff, and donors with various financial analyses as well as insights into understandings of the data.
- Prepares financial statements and budgets including related supporting documentation.
- Monitors all financial activity impacting Foundation cost centers to ensure accuracy and proper classification within the appropriate ledgers and funds.
- Reviews monthly reconciliations, ensuring accuracy and certifying them for submission in the Blackline reconciliation software.
- Performs reviews, research and other financial analysis independently or as requested by Leadership.
What they're looking for
- Bachelor’s degree in Accounting or Finance is required.
- Minimum of 7 years related work experience
- Ability to read and analyze reports, analyze financial statements.
- Knowledge of spreadsheet and word processing software is essential.
Nice to have
- CPA preferred
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Department:
Status:
Benefits Eligible:
Hours Per Week:
Schedule Details/Additional Information:
Hybrid and/or remote work schedule
Pay Range:
$63.45 - $95.20Provides leadership and oversight to ensure completeness and accuracy of the Foundation’s monthly financial statements, quarterly consolidation inputs, the adequacy of various pledge receivables and other reserves, and other external reporting or benchmarking requirements associated with the Foundation.
Major Responsibilities
Develops and recommends treatment for internal and external financial accounting and reporting issues, long term operating forecasts, and the overall consolidated Foundation annual operating budget. Supervises and reviews direct reports and efficient operation of the finance staff.
Completes monthly consolidated financial statement package for Corporate Accounting based on FASB and GASB reporting requirements.
Ensures compliance with requisite document retention requirements.
Manages performance and maintenance of Foundation procedures and policies as well as recommendations for improvements.
Monitors continuous workload and methodologies used to achieve results, making recommendations to improve efficiency and/or achieve cost savings whenever possible.
Ensures that the Foundation’s internal and external financial statements and records are maintained in accordance with generally accepted accounting principles.
Provides facility administrators, physicians, development staff, and donors with various financial analyses as well as insights into understandings of the data.
Prepares financial statements and budgets including related supporting documentation.
Monitors all financial activity impacting Foundation cost centers to ensure accuracy and proper classification within the appropriate ledgers and funds.
Reviews monthly reconciliations, ensuring accuracy and certifying them for submission in the Blackline reconciliation software.
Performs reviews, research and other financial analysis independently or as requested by Leadership.
Analyzes complex transactions to ensure appropriate accounting treatment both for internal and external reporting, to include in the annual audit and 990 return.
Interfaces with vendor for preparation of charitable solicitation registrations.
Education
Bachelor’s degree in Accounting or Finance is required.
Certification / Registration / License
None Required
Work Experience
Minimum of 7 years related work experience
Knowledge / Skills / Abilities
Ability to read and analyze reports, analyze financial statements. Knowledge of spreadsheet and word processing software is essential. Effective problem solving, methodical, detail-oriented, and analytical, with the ability to manage cross-functional projects and collaborate with different individuals and functions across the organization.
Preferred Job Requirements
Certification / Registration / License
CPA preferred
DISCLAIMER
All responsibilities and requirements are subject to possible modification to reasonably accommodate individuals with disabilities.
This job description in no way states or implies that these are the only responsibilities to be performed by an employee occupying this job or position. Employees must follow any other job-related instructions and perform any other job-related duties requested by their leaders.
Our Commitment to You:
Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:
Compensation
Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training
Premium pay such as shift, on call, and more based on a teammate's job
Incentive pay for select positions
Opportunity for annual increases based on performance
Benefits and more
Paid Time Off programs
Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
Flexible Spending Accounts for eligible health care and dependent care expenses
Family benefits such as adoption assistance and paid parental leave
Defined contribution retirement plans with employer match and other financial wellness programs
Educational Assistance Program
Note: Eligibility for programs listed above may depend on your FTE or status (e.g., full-time, part-time, per diem, temporary, etc.); please ask a Recruiter for more information during an interview.
About Advocate Health
Advocate Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois; Atrium Health in the Carolinas, Georgia and Alabama; and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care. Headquartered in Charlotte, North Carolina, Advocate Health services nearly 6 million patients and is engaged in hundreds of clinical trials and research studies, with Wake Forest University School of Medicine serving as the academic core of the enterprise. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs 155,000 teammates across 69 hospitals and over 1,000 care locations, and offers one of the nation’s largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to providing equitable care for all, Advocate Health provides more than $6 billion in annual community benefits.
Company
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