Accounting Supervisor

Associate Director - Hybrid

The Associate Director Accounting is part of the team responsible for the day-to-day operations and management of the Boston Medical Center Health System (BMCHS) Accounting department specifically responsible for the day-to-day accounting activities related to the physician organization entities of BUMG and BMCAP. This is achieved through oversight of assigned components of the month-end close general ledger maintenance reconciliations and internal financial analysis. Working under the direction of the Assistant System Controller the Associate Director manages a team of accountants to ensure the integrity of the general ledger and financial statements according to Generally Accepted Accounting Principles (GAAP). They assist in ensuring integrity of financial data within INFOR and related systems by coordinating system updates supporting staff workflows and implementing process improvements. The Associate Director partners across many cross-functional teams including FIS HRIS Finance RCM other entity Finance teams and various operational leadership groups to ensure accurate data flow and a thorough understanding of system financials and their impacts.

Essential Responsibilities / Duties

• Financial Close Reporting and Accounting Operations
• Coordination and control of the BMC Health System accounting functions including all matters related to the monthly close process GL account reconciliations and accurate timely financial reporting in coordination with accounting leadership of all BMC entities.
• Support of the monthend and yearend close processes of BMCHS accounting functions by coordinating assigned journal entries reconciliations variance reviews and preparing or reviewing supporting financial schedules.
• Oversight of selected operational accounting areas—such as general ledger activity accruals nonpatient receivables payroll inputs intercompany activity cash receipts to ensure accuracy proper controls and timely issue resolution.
• Timely reconciliation of all balance sheet accounts and utilization of a risk-based approach to ensure the prioritization of high-risk accounts such as Cash and Accounts Receivable. Ensure reconciliations are prepared by staff and that resolution of outstanding items and variances is done timely.
• Works to improve close workflows and accounting processes by identifying system improvements and efficiencies enhancing controls and supporting audit and yearend reporting requirements.
• Develops and implements internal accounting policies procedures and controls under the direction and approval of the Assistant Controller and Controller
• Identifies and informs the Assistant Controller of risks or operational issues identified during close activities.
• Cross-Functional Collaboration
• Collaborates with Finance FIS HRIS RCM Clinical Operations and entity finance teams to ensure accurate financial data flow consistent monthly reporting and timely close activities across assigned areas.
• Supports budgeting and forecasting by providing historical analysis and financial insights.
• Partners with FIS on general ledger updates system changes and process improvements to strengthen financial workflows and accounting accuracy.
• In conjunction with the Associate Director of Financial Reporting provides support and clarification on accounting treatment and reporting considerations to Finance and operational leadership on accounting rules and implications.
• Assists in implementing accounting structures for new entities or updated requirements as needed in partnership with the Associate Director of Financial Reporting FIS Treasury Finance etc.
• Team Leadership & Development
• Recruits hires and onboards a qualified and highly motivated accounting team with a focus on encouraging team members to become or hiring CPAs
• Provides coaching guidance and day-to-day support to accounting managers and staff encouraging strong performance professional growth and effective team operations.
• Contributes to setting goals clarifying expectations and supporting accountability within assigned functional areas.
• Helps maintain a positive collaborative and inclusive work environment by supporting training cross-training and ongoing skill development.
• SOX and Technical
• Ensures compliance with GAAP internal controls and applicable healthcare and regulatory accounting requirements within assigned functional areas.
• Assists in the development and maintenance of internal controls to safeguard assets ensure data accuracy and support reliable financial reporting.
• Supports internal and external audit activities to ensure timely and accurate audit outcomes.
• Maintains current knowledge of relevant accounting standards and research technical issues as they arise applying proper accounting treatment and supporting continuous professional development.
• Other
• Assists the Assistant Controller with special projects (system enhancements regulatory changes organizational initiatives) as assigned.
• Utilizes BMC Health Systems Values as the basis for decision making.

Job Requirements

Required Education and Experience:

• BA/BS in Accounting or related degree required
• 8+ years of experience including 4-6 years supervisory experience in an accounting environment including a non-profit organization or equivalent combination of education and experience.

Preferred Education and Experience:

• MBA or Masters degree in Finance or Accounting is preferred.
• Experience supporting the Finance and Accounting for a physician organization.

Certifications Licenses Registrations Preferred:

• CPA is preferred

Knowledge Skills & Abilities:

• Ability to lead direct and mentor staff and work effectively as a team member.
• Skills in determining needs gathering analyzing and presenting data to provide accurate and timely information for managements use.
• Excellent communication (written and verbal) and interpersonal skills.
• Achievement oriented A desire to set challenging objectives for self and others and to find better and more efficient ways to accomplish both routine and special tasks.
• Must be a dedicated team player and have a desire for personal and professional growth.
• Work requires superior experience on General Ledger System(s) (Infor preferred but not necessary) as well as excellent Microsoft Excel Word and PowerPoint skills possess the ability to train others in these skills.
• Work requires ability to function in a fast-paced deadline driven environment.
• Work requires ability to handle multiple priorities with superior organizational skills.
• Requires strong analytical skills and a solid working knowledge of US GAAP.
• Proven ability to successfully build relationships and focus on client service.
• Demonstrated ability to own processes to identify issues and opportunities for improvement and implement such improvements.