Assistant Director, Financial Reporting

Position Summary:

This document is intended to describe the general nature and level of work being performed by people assigned to this classification. It should not be construed as an exhaustive list of all job duties performed by personnel so classified.

Reporting to the JHHS Associate and Assistant Controller, an Assistant Director functions in a managerial capacity that requires regular interaction with JHM and JHHS executive management. The position has primary responsibility for the financial reporting, analysis, and underlying Generally Accepted Accounting Principles (GAAP) for various JHHS Affiliates. This position will develop, improve, and issue timely and accurate monthly GAAP financial reporting packages that include, but are not limited to, budget to actual analysis of the results of the responsible Affiliates. This position will present the monthly actual versus budget analysis to Affiliate senior management, and JHHS management as needed. This position is responsible for keeping current on all technical GAAP accounting literature, documenting GAAP accounting issues in white papers, and implementing all new required GAAP accounting pronouncements. This position is also responsible for the preparation, coordination, and management of the external annual audited financial statements for the responsible Affiliates. This includes timely and accurate full drafts of completed audited financial statements including new or revised footnote disclosures, and all schedules requested by the auditors in the usual and customary audit process. Responsible for coordination, implementation, and resolution of management letter comments of external financial auditors. Documentation and implementation of all new technical GAAP accounting pronouncements to ensure the appropriate accounting is reported within the Affiliate and JHHS combined monthly and quarterly financial packages. In addition to external audits, they will coordinate work relating to internal audits in the periodic review of the Affiliates' financial records. Responsible for the implementation of agreed-upon recommendations related to areas of responsibility resulting from internal audit findings.

This position will require to understanding of the fundamentals of financial reporting, including the complexities involved with preparing accurate GAAP financial statements (Statement of Operations and changes in Net Assets, Balance Sheet, Statement of Cash Flows), including but not limited to consolidation accounting, eliminations, intercompany transactions, purchase accounting, noncontrolling interests, contribution accounting, and investment and derivative accounting, etc. This position will provide technical accounting GAAP guidance and support to all affiliate entities. Also responsible for the overall adequacy of contingent liability reserve levels including accounts receivable, medical malpractice, workers compensation, and employee healthcare reserves.

This position functions in a managerial capacity, managing and directing multiple projects and tasks simultaneously utilizing all available resources, including staff accountants and other JHHS management, inside and outside the Controller’s Office. This position is the primary liaison between corporate JHHS and the respective Affiliates’ CFO and staff related to the monthly financial statements, and completion of all related journal entries and account reconciliations.

Other responsibilities that an Assistant Director within the Controller's office can be accountable for our consolidated financial reporting concerning JHHS and JHM as consolidated entities. This includes the preparation of Board of Trustee-level financial packages monthly. This person can also be responsible for the preparation of a JHHS publicly filed quarterly reporting package akin to quarterly reporting done by SEC companies. Assistant directors will also be responsible for leading and being a champion of change for projects that standardize and help streamline the processes surrounding the controller’s office core responsibilities: journal entries, account reconciliations, and producing affiliate financial statements.

Other tasks can include budget coordination for JHHS affiliates and the coordination and distribution of various centralized accounting areas such as workers' compensation expenses and reserves. Responsibilities can also include coordination of the annual certification letter process used by senior management to gain comfort over the annual audited financial statements, along with updating, documentation, testing, and implementation of all Finance Policies and Procedures.

Education: Candidate must have a Bachelor's Degree in Accounting from a four-year college or university, and a Masters Degree or Certified Public Accountant (CPA).

Work experience: Seven years of progressively responsible accounting experience. Public accounting experience is preferred, and Big 4 public accounting experience is strongly preferred. Previous supervisory experience is preferred.

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