Assistant Director, Financial Reporting and Accounting
Requisition #: 187883
Location: Johns Hopkins Hospital/Johns Hopkins Health System, Baltimore, MD 21201
Work Shift: Day Shift
Work Week: Full Time (40 hours)
Weekend Work Required: No
Date Posted: June 5, 2019
Johns Hopkins Health System employs more than 20,000 people annually. When joining the Johns Hopkins Health System, you became part of a diverse organization dedicated to its patients, their families, and the community we serve, as well as to our employees. Career opportunities are available in academic and community hospital settings, home care services, physician practices, international affiliate locations and in the health insurance industry. Great careers continually advance here.
Reporting to the JHHS 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 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 implementation of all new required GAAP accounting pronouncements. This position is also responsible for 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. Responsibility 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 be required to understand 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 accounting for leases, revenue recognition, 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 senior and 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 Controllers office can be accountable for are consolidated financial reporting with respect to JHHS and JHM as consolidated entities. This includes preparation of Board of Trustee level financial packages on a monthly basis. 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.
Other tasks can include budget coordination for JHHS affiliates, and the coordination and distribution of various centralized accounting areas such as leases, malpractice, workers compensation expense 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.
Days, Full Time (40 hours)
8:00 a.m. - 5:30 p.m.
Weekend Work Not Required
Keswick, 3910 Keswick Road - South Building - Baltimore MD 21211
Johns Hopkins Health System and its affiliates are drug-free workplace employers.
Johns Hopkins Health System and its affiliates are an Equal Opportunity / Affirmative Action employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, mental or physical disability, genetic information, veteran status, or any other status protected by federal, state, or local law.
Johns Hopkins Medicine.