At Boston Children's Hospital, success is measured in patients treated, parents comforted and teams taught. It's in discoveries made, processes perfected, and technology advanced through major medical breakthroughs and small acts of kindness. And in colleagues who have your back and patients who have your heart. As the teaching hospital of Harvard Medical School, our reach is global and our impact is profound. Join our acclaimed Department of Finance and discover how your talents can change lives. Yours included.
This Director role will be a critical part of identifying opportunities for enhancement, developing solutions and leading resources to implement positive changes, and, ultimately, leaving their thumbprint on the future for our administrative systems.
This Director of Financial Reporting will be responsible for:
Overseeing the Financial Reporting Operations, including evaluation of operational improvements to the hospital monthly, quarterly, and year-end close processes, as well as the corporate consolidation of all Children's Medical Center Corporation (CMCC) affiliates.
Directing the analytical framework/infrastructure supporting the monthly, quarterly and year-end closes; ensuring accounting and reporting consistency across units.
Setting strategic direction for reporting enhancements to internal and external financial statement reporting. Collaborating with colleagues to drive, redefined and proactive analyses, supporting timely and enhanced management decision making.
Evaluating the use of technology to enhance operational efficiency and effectiveness. Collaborating with the Finance Business IT Department to create a multi-year roadmap that addresses current technology gaps and optimization needs, including, but not limited to, improving the close and reducing the time to close.
Directing the process improvement program within financial reporting to develop and streamline effective processes and programs to enhance efficiencies and eliminate redundancies.
Establishing and maintaining technical accounting policies to ensure compliance with GAAP and regulatory environment. Directing project planning for implementation of new regulatory guidance collaborating with external and/or internal audit partners to ensure successful execution. Managing the Hospital's external audit relationship ensuring seamless coordination among audit firms.
Leading all internal deliverables associated with Quarterly Disclosure procedures with external audit partners, including the compilation of required reporting to external agencies, with the long-range view of continual enhancements to external reporting based on business needs.
Overseeing the pension plan audits and ensuring they will be on time and within budget. Directing and leading initiatives with respect to business process and technology reengineering associated with the CMCC consolidation, collaborating with affiliate partners.
Collaborating with the operational business units to enhance accounting and reporting outputs, processes and workflows.
Providing leadership, recognition, coaching and delegating to staff in the Financial Reporting department. Inspiring and motivating others to perform well.
To qualify, you must have:
Bachelor's degree in accounting, finance, economics, business administration, or a related field. Master's degree preferred.
Eight (8) + years of related experience, with progressive management experience required. Experience may substitute for advanced degree and certification.
Certified Public Accountant (CPA) preferred.
Strong working knowledge of generally accepted accounting principles, regulatory requirements, taxes (income, payroll, premium), internal controls, and complex financial statement reporting.
Strong knowledge of back office accounting operations as it relates to healthcare.
Internal Number: 2870459
About Boston Children's Hospital
Boston Children's Hospital is a 395-bed comprehensive center for pediatric health care. As one of the largest pediatric medical centers in the United States, Children's offers a complete range of health care services for children from birth through 21 years of age.