Corporate Manager Accounting, Hybrid (Livonia, MI)

Employment Type:Full timeShift:Day Shift

Description:

Leads the System Office System Administrative and Support Services (SASS) accounting function, including accounting services for Trinity Health (Trinity) System Office, Shared Service Organizations and subsidiaries (approximately 20 companies). Manages all shared services and subsidiary billings, cash flow management which includes special cash funds such as the system development fund, inter-company debt accounting, monthly financial statements, centralized accounts payable and payroll accounting, centralized cash balancing between the general ledger and bank for all TogetherCare (Epic) patient non-insurance cash receipts, patient credit card payments and patient refunds, and all external and internal financial audits, including the annual year-end financial statement audit.

ESSENTIAL FUNCTIONS

Knows, understands, incorporates, and demonstrates the Trinity Health (Trinity), Mission, Vision and Values in behaviors, practices, and decisions.

Develops and manages accounting policies and procedures that ensure appropriate internal controls for Trinity System Office, Trinity Information Services and other Shared Services.  Entities include complex insurance functions, distribution centers, a specialty pharmacy company, various investment accounts, including interest rate swaps and hedge funds, annual bond offering and intercompany debt programs, centralized AP, centralized payroll, centralized collection of all patient non-insurance as well as issuance of refunds to both patients and insurance providers., and Accountable Care Organizations, Bundled Payments Programs, and joint ventures.

Leads the operation of the accounting function of System Office and Shared Service Organizations ensuring stewardship of the financial resources of the organization served.  Operations include general ledger, journal entries, fixed assets, receivables, billings, special funds, grants and project accounting. Provides reporting to support the leadership of each of the shared services to explain monthly results and variances.

Provides support in the system office financial forecast process including providing key data to support the development of the rolling quarterly forecasts.   

Manages the daily function, responsibilities, and career development of two areas, System Office accounting and Revenue Excellence patient billing services reconciliation support. Oversees allocation of daily work, review of reconciliations, annual performance reviews, and reviews work of staff for accuracy and quality assurance. Responsible for 10+ staff, which is comprised of a manager, senior and staff accountants.

Provides leadership and expertise in developing processes for the centralized functions such as accounts payable, payroll, patient non-insurance cash receipts, and refunds, which involve understanding of intercompany and cash flows through all the stages of the centralized process. Oversees centralized balance sheets.

Provides leadership and expertise in developing processes for the centralized function of TogetherCare (Epic) cash reconciliation of all incoming payments to patient pay non-insurance bank accounts Involved in implementing and standardizing accounting logic and integration from the and TogetherCare (Epic) revenue cycle subsidiary ledger to the general ledger as related to the reconciliation process. Balances bank and general ledger and supervises team to maintain strong internal controls over cash and general ledger balances. Also includes development of transfer of patient cash received centrally back to the Ministry Organizations and ensures controls and intercompany transactions are balanced.  Also provides support and guidance to Accounting Shared Services controller’s in setting up efficient processes post TogetherCare (Epic) implementation.

Provides leadership and expertise in developing processes for the centralized function of issuing refunds to both patients and insurance providers. Involved in implementing and standardizing accounting logic from TogetherCare (Epic) revenue cycle subsidiary ledger to the general ledger as related to the refund process.  Supervise team that coordinates and reconciles refunds processed by an outside agency to the general ledger to maintain strong internal controls over refunded cash and general ledger balances.

Provides short- and long-term strategic guidance for centralized function of cash reconciliation of all incoming payments to patient pay non-insurance accounts and refunds to patients and insurance providers. Work closely with leadership of Patient Billing Services (PBS) to set up system wide processes to identify potential gaps and assist in implementing short term solutions.  Develops long-term strategies to assist leadership of PBS to streamline operations and ensure processes and procedures are in place tomitigate errors.

Implements, monitors, and manages appropriate information and accounting systems, and procedures efficient operation and that accurate results are achieved. Responsible for implementation of new information systems such as the general ledger, and related modules, including fixed assets, grants, and projects. Responsible for integration of Workday payroll subsidiary ledger and other subsidiary ledgers including leases, treasury, etc. into the general ledger for System Office. Responsible for interfaces and controls from TogetherCare (Epic) revenue cycle subsidiary ledger to the general ledger and posting of transactions including complex intercompany transactions and mapping.

Leads the financial audits of all entities for which accounting services are provided, ensuring effective communication with external auditors, internal auditors, and Trinity executives, timely completion of audits and follow up on findings, if any.  These financial audits include annual year-end financial statement audits, special audits required by the government of certain international activities and audits of federal grants awarded to Trinity Health System Office and/or Shared Services. Communicates with government officials to ensure compliance with state and federal grant regulations.  Also, works jointly with the Manager of Reimbursement on audits by third party payers for determining payment to hospitals, nursing homes and home health agencies.

Manages the Trinity System Office inter-company balancing, elimination, and consolidation process for the System Office. Records journal entries for System Office and monthly allocations on both System Office and Health Ministry and subsidiary general ledgers. Communicates with Ministry and subsidiary finance teams to ensure proper and accurate monthly recording of inter-company transactions or to investigate and resolve intercompany issues.

Directs and consolidates the preparation of the year-end System Office, Shared Services and subsidiary financial reporting packages to support the external financial statement audit including cash flow statement and required Generally Accepted Accounting Principles (GAAP) footnote detail.

Communicates regularly with System Office Financial Reporting, Ministry controllers and finance teams on system office related issues, ensuring proper understanding and accounting of these items in an effective and timely manner.  Researches GAAP issues relevant to system office accounting, including development of accounting procedures and practices.

Serves as an advisor to shared services and Trinity executives on accounting and other financial issues related to System Office departments and vendor agreements.  Provides financial expertise and advice to finance and operating departments and Ministries on a variety of accounting issues.  Acts as the liaison with department leaders to provide accounting expertise relative to the application of accounting data, accounting information and other internal control related items.

Responsible for the integrity of the financial statements and financial systems, including quarterly representation letters for all Trinity System Office, Shared Services and subsidiary entities and supporting reconciliations for all companies (approximately 20).

Maintains a working knowledge of applicable federal, state and local laws/regulations; the Trinity Health Integrity and Compliance Program and Code of Conduct; as well as other policies and procedures to ensure adherence in a manner that reflects honest, ethical and professional behavior.

MINIMUM QUALIFICATIONS

A thorough knowledge of accounting principles, internal controls and financial management as normally obtained through a bachelor's degree in accounting or finance along with a minimum of seven (7) years of progressively responsible manager level accounting experience required.  CPA or equivalent licensure preferred. Experience in a multi-entity company with experience in consolidation of financial statements and intercompany accounting is required.  

Must possess a broad-based knowledge of accounting and finance for a variety of organizations.  Health care knowledge is preferred, specifically related to revenue system and accounts receivable transactions and complexities.

Must have a strong working knowledge of generally accepted accounting principles and be able to develop, review and interpret financial statements and related financial information. 

Must possess strong understanding of financial information systems. Must have knowledge of subsidiary ledgers and integrations to the general ledger for reporting of financial statements. Strong Excel skills. Knowledge of PeopleSoft, Hyperion Financial Manager and Workday preferred.

Must possess strong conceptual and analytical skills.

Must have the ability to communicate effectively to management and professionals at all levels and with diverse backgrounds. 

Must possess the ability to coordinate, obtain and analyze data from a variety of sources, both internal and external, to the department. 

Must have flexibility to respond to frequent shifts in priorities and to fulfill the requirements of senior management and program leaders. 

Must possess the ability to achieve results without direct line accountability.

Must have a personal presence that characterized by a sense of honesty, integrity, and caring as well as the ability to inspire and motivate others to promote the philosophy, mission, vision goals and values of Trinity Health.

PHYSICAL AND MENTAL REQUIREMENTS AND WORKING CONDITIONS

This position operates in an office environment.  The area is well-lit, temperature controlled and free from hazards and barriers.   Manual dexterity is needed in order to operate a computer keyboard and copy machine.  This is a fast-paced department in which concentration is required.  There are frequent interruptions and numerous deadlines.  The position communicates frequently in person and over the phone and therefore, verbal and hearing skills are needed for extensive telephone and in person communication.  Completion of work requires some lifting, reaching and kneeling, usually involving binders, files and small boxes.  Overtime will be required at certain times to meet deadlines.

Must be able to adapt to frequently changing work priorities.

Must be able to travel to the various Trinity Health sites.  Travel is under 10%.      

Hourly Pay Range: $56.77 - $93.68

The above statements are intended to describe the general nature and level of work being performed by persons assigned to this classification.  They are not to be construed as an exhaustive list of duties so assigned.

Our Commitment to Diversity and Inclusion
 

Trinity Health is one of the largest not-for-profit, Catholic healthcare systems in the nation. Built on the foundation of our Mission and Core Values, we integrate diversity, equity, and inclusion in all that we do. Our colleagues have different lived experiences, customs, abilities, and talents. Together, we become our best selves. A diverse and inclusive workforce provides the most accessible and equitable care for those we serve. Trinity Health is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by law.