Assistant System Controller

Reporting to the Controller, the Assistant System Controller will support the Controller and the Finance Leadership team in managing BMCHS’s (BMC, St. Elizabeth, and Good Samaritan hospitals ) accounting, internal controls, and financial reporting functions. This role involves overseeing the accounting functions, ensuring the accuracy and integrity of financial reporting data, and supporting process improvements for efficiency and compliance. The Assistant System Controller will maintain the integrity of BMCHS’s financial data while identifying opportunities to enhance operational efficiencies through partnership with other financial leaders. The Assistant System Controller will collaborate with internal stakeholders to ensure smooth financial operations while aligning with BMCHS’s strategic goals. The Assistant System Controller has full supervisory responsibility for the leaders of the Accounting, Accounts Payable, Cash Management, and Gift and Grant Accounting functions. ESSENTIAL RESPONSIBILITIES / DUTIES: Key Team Functions and Responsibilities: Oversee the general accounting, accounts payable, and cash management functions within BMC Health System. This individual is responsible for leading service-oriented teams that interact with the various entities, functions and departments within the System and strive to provide timely and accurate data as per process and requirements. Support the Controller in maintaining a robust internal control environment across accounting and financial functions. Standardize and document accounting, accounts payable, treasury, cash management and other policies and procedures in alignment with GAAP standards and/or in accordance with best business practices. Policies and procedures should document current practice and should be reviewed at least annually to ensure the System is being efficient and effective in its practices with an eye towards automation where possible. Collaborate with the Treasury team on cash flow management and control issues. Support the implementation of policies and processes to optimize cash management and banking relationships. Work with various stakeholders to integrate newly acquired operations and assets to the System, including adjusting current process and procedures to account for these changes. Financial Oversight and Reporting: Assist in the monthly accounting close process, including reviewing journal entries, subsystem postings, and financial data accuracy. Oversee the preparation of the monthly financial statements, including variance analysis, to support reporting to the Controller and senior leadership. Contribute to the preparation of regulatory filings and compliance documentation by providing timely and accurate data to the Controller and/or Associate Director of Financial Reporting when needed. Assist with external and internal audits by overseeing the preparation of necessary documentation when requested. Process Improvement and Systems Support: Identify and recommend opportunities for process enhancements to improve efficiency and accuracy in financial operations. Assist in the integration and optimization of financial systems, such as Infor and Workday. Leadership and Team Development: Directly supervise the leaders of the Accounting, Accounts Payable, Cash Management, and Gift and Grant Accounting functions (and indirectly manage their direct reports) Provide support and guidance to team members in the Controlling function, fostering a culture of growth and collaboration Act as a resource for staff development, training, and problem-solving within the department. Other Responsibilities: Partner with the Controller on special projects, initiatives, and ad hoc analyses as needed. Maintain effective communication and relationships with internal and external stakeholders. Perform additional duties as assigned by the Controller. (The above statements in this job description are intended to depict the general nature and level of work assigned to the employee(s) in this job. The above is not intended to represent an exhaustive list of accountable duties and responsibilities required). JOB REQUIREMENTS EDUCATION: Bachelor's degree in Accounting, Finance, or related field, required. Master's degree preferred. CERTIFICATES, LICENSES, REGISTRATIONS REQUIRED: CPA required. EXPERIENCE: At least 10 years of progressive accounting or finance experience, preferably in a healthcare or a similar environment, required. At least 5 years of supervisory experience required. Experience with financial reporting requirements KNOWLEDGE, SKILLS & ABILITIES (KSAs): Proficiency in accounting software and ERP systems Excellent analytical, organizational, and communication skills Proven ability to work collaboratively and manage multiple priorities effectively Knowledge of internal controls, audit processes, and regulatory compliance requirements Awareness of process improvement methodologies and best practices in financial operations Effective communication and interpersonal skills, with the ability to collaborate across teams and levels Compensation Range: $122,000.00- $177,000.00 This range offers an estimate based on the minimum job qualifications. However, our approach to determining base pay is comprehensive, and a broad range of factors is considered when making an offer. This includes education, experience, skills, and certifications/licensures as they directly relate to position requirements; as well as business/organizational needs, internal equity, and market-competitiveness. In addition, BMCHS offers generous total compensation that includes, but is not limited to, benefits (medical, dental, vision, pharmacy), discretionary annual bonuses and merit increases, Flexible Spending Accounts, 403(b) savings matches, paid time off, career advancement opportunities, and resources to support employee and family well-being. NOTE: This range is based on Boston-area data, and is subject to modification based on geographic location. Equal Opportunity Employer/Disabled/Veterans According to the FTC, there has been a rise in employment offer scams. Our current job openings are listed on our website and applications are received only through our website. We do not ask or require downloads of any applications, or “apps” job offers are not extended over text messages or social media platforms. We do not ask individuals to purchase equipment for or prior to employment. Working at Boston Medical Center is more than a job. It’s a chance to make a difference as part of our mission to provide exceptional and equitable care to all. As a nationally-recognized leader in health equity, nursing, initiatives to combat climate change, and many other areas, BMC is dedicated to improving the health of our community in Boston and beyond. BMC’s mission to provide exceptional care without exception extends to our employees, and we have been recognized as a top employer and best place to work. A strong sense of teamwork and support for our staff are the bedrock of BMC, as we know that we can only provide exceptional care to patients when our staff are cared for too. Boston Medical Center is an equal employment/affirmative action employer. We ensure equal employment opportunities for all, without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity and/or expression or any other non-job-related characteristic. If you need accommodation for any part of the application process because of a medical condition or disability, please send an e-mail to View email address on click.appcast.io or call View phone number on click.appcast.io to let us know the nature of your request. Boston Medical Center participates in the Electronic Employment Verification Program. As an E-Verify employer, prospective employees of BMC must complete a background check before beginning their employment at the hospital. BMC requires all staff to be vaccinated against COVID-19 and flu, as well as receive a booster dose of the COVID-19 vaccine. According to the FTC, there has been a rise in employment offer scams. Our current job openings are listed on our website and applications are received only through our website. We do not ask or require downloads of any applications, or “apps” job offers are not extended over text messages or social media platforms. We do not ask individuals to purchase equipment for or prior to employment. To avoid becoming a victim of an employment offer scam, please follow these tips from the FTC: FTC Tips