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POSITION SUMMARY:
Boston Medical Center Health System is seeking a self-motivated, highly organized and detail-oriented Senior Financial Reporting Accountant to join our team. Reporting to the Associate Director of Financial Reporting, a successful candidate will be responsible for facilitating and reviewing all aspects of the organization’s financial reporting requirements. This position partners closely with Finance senior leadership on financial reporting.
Position: Senior Financial Reporting Accountant
Department: Accounting
Schedule: Full Time
ESSENTIAL RESPONSIBILITIES / DUTIES:
- Prepare and deliver the timely preparation of monthly and yearly internal consolidating financial reporting package
- Execute processes and procedures to comply with monthly financial statement close deadlines
- Prepare monthly balance sheet variance analysis and explain significant variances, utilizing respective account owners in the accounting department as well as other finance teams
- Review eliminations for reasonableness at the financial statement level within the consolidating reports
- Assist with independent auditors to facilitate a successful audit and provide documentation requests, including preparation of investment and debt footnotes and disclosures
- Assist Accounting and Finance senior leadership with collection and preparation of support for federal and state tax filings as required by not-for-profit organizations (i.e. 990, 990-T, etc.)
- Assist Accounting and Finance senior leadership in monitoring and preparing documents related to covenant requirements on a timely basis including but not limited to quarterly and annual disclosure, arbitrage and rebate analyses to submit to Trustee and bondholders
- Prepare quarterly and annual financial reporting related to state hospital reporting requirements
- Ensure timely and accurate completion of monthly investment transactions and journal entries
- Prepare monthly reconciliations for all investments balances
- Review and prepare quarterly and annual journal entries outside of scope of the accounting department
- Participate in special projects as needed, providing support to financial initiatives
- Assist Accounting senior leadership in forecasting unrestricted cash flow positions, related borrowing needs, and available funds for investment
- Assist Accounting and Finance senior leadership in preparation of content and analytics for monthly financial presentations to the System’s Finance Committee and Board of Trustees related to unrestricted cash positions and financial ratios
- Prepares cost/benefit analyses, financial projections, and ad hoc reports as defined and framed by Director of Treasury and Finance Operations
- Assist Accounting senior leadership in preparation and approval of all annual budget tasks for investment income, interest expense and Treasury related consulting expense
(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:
- Minimum bachelor's degree in accounting or finance required. Masters preferred.
CERTIFICATES, LICENSES, REGISTRATIONS REQUIRED:
- None required
- CPA preferred
EXPERIENCE:
- Minimum 5 years of accounting experience, with 2+ years’ experience specific to financial reporting, required
KNOWLEDGE, SKILLS & ABILITIES (KSA):
- Healthcare or not-for-profit experience strongly preferred
- Excellent organizational and time-management skills
- Advanced in Microsoft Excel and Word required
- Strong communication and interpersonal skills
- Proficiency with ERP type accounting software
Equal Opportunity Employer/Disabled/Veterans
Top Skills
What We Do
Boston Medical Center, located in Boston’s historic South End, is a private, not-for-profit, 567-bed, academic medical center and the primary teaching affiliate for Boston University School of Medicine.
Recognized for its high-quality, nationally ranked and comprehensive medical care for the entire family, patients have access to the most current treatment and advancements at BMC. BMC physicians lead the way in pioneering new therapies that impact the care of patients locally and worldwide.
In 2013, BMC made the decision to invest in a four-year campus redesign that includes additions to buildings, upgrades to existing structures, and an expansion of the Emergency Department. Once completed, the redesign will provide clinical workspaces with state-of-the-art facilities and equipment to solve BMC's most pressing care delivery needs.
Already complete, the hospital’s Shapiro Center is Boston’s newest outpatient care facility and features a quarter-million square feet of clinic space, key support services, one of the region’s most technologically advanced pharmacies, and a bright, spacious café. Housed in a facility that provides world-class, patient-centered care at every visit, BMC doctors are among the best in their field. Many are recognized annually as “Top Doctors” in their medical and surgical specialties by publications such as U.S. News & World Report and Boston magazine.
Boston Medical Center is also the largest safety net hospital in New England and extends into the community as a founding partner of Boston HealthNet, a network of 15 community health centers throughout Boston serving more than a quarter million people annually.
No matter whom you meet at BMC, all are committed to providing every patient and family member with the highest quality of care, respect, warmth and compassion.
