Accounting Director - Ventures

Intermountain Healthcare; United States; Remote; USD 80,000 - 100,000; Full time

Job summary

Join a forward-thinking healthcare organization as a financial leader, where you'll prepare and manage comprehensive financial statements and oversee audits for a diverse portfolio. This influential role requires collaboration with senior management and external auditors to ensure compliance with accounting standards while guiding a team through complex financial processes. With a commitment to fostering a culture of wellness, this position offers a dynamic work environment and the opportunity to make a significant impact in the healthcare sector. If you're passionate about financial excellence and leadership, this is the perfect opportunity for you.

Benefits

Generous benefits package

Annual Pay for Performance Plan

Wellness programs

Qualifications

• Master's degree in Accounting or related field required.
• 7+ years of professional accounting experience needed.

Responsibilities

• Prepare accurate financial statements for internal and external users.
• Manage monthly financial close process and audits.

Skills

Leadership

Communication

Accounting Standards (GAAP)

Financial Reporting

Risk Assessment

Education

Master's in Accounting

Certified Public Accountant (CPA)

Tools

Financial Systems

Databases

Job description

Job Description:

This position prepares accurate and timely financial statements and reports for internal parties (e.g., senior management, Board of Directors); manages the monthly financial close process for Intermountain Ventures, LLC and subsidiaries (Ventures) and Intermountain Health Care, Inc.’s Treasury Accounting functions; manages the annual audit of the financial statements of Ventures (including standalone subsidiary audits, as applicable); provides analysis and support for technical accounting areas; participates in job-related internal control initiatives; and system-wide projects, including supporting and coordinating Accounting’s review of merger and acquisition activities.

This is a system-wide leadership role that interfaces with all levels of Intermountain management including senior management, vice presidents, chief financial officers, finance executive directors, and facility managers. The position also interfaces with Intermountain's Internal Audit Department, Legal Department, and external financial auditors. This position oversees for-profit subsidiaries and treasury accounting. This position reports to the Assistant Vice President - Accounting and directly supervises the Treasury Accounting Manager, as well as one to three additional accountants. Consolidated cash and investment portfolio of approximately $18 billion.

Job Essentials

1. Prepares accurate and timely financial statements and reports for internal and external users.
2. Prepares monthly financial statements for management.
3. Prepares quarterly and periodic financial statements for the Board of Directors.
4. Prepares and reviews presentation materials (e.g., management's discussion and analysis, PowerPoint presentations, other communications) for the Board of Directors.
5. Manages the monthly general ledger closing process, including variance analysis, for various facilities or business units.
6. Ensures that personnel are adequately trained in and adhere to the month-end close process.
7. Manages annual audits of financial statements of Ventures and its subsidiaries conducted by the external auditors.
8. Partners with external auditors to resolve technical accounting issues.
9. Communicates auditor requests for client prepared schedules.
10. Prepares annual audited statements and related disclosures in accordance with U.S. Generally Accepted Accounting Principles (GAAP) in consultation with the Assistant Vice President - Accounting, VP Finance, and external auditors.
11. Oversees treasury accounting functions and internal controls processes.
12. Provides technical accounting guidance to Finance and Accounting personnel.
13. Stays abreast of current accounting developments and standards and ensures that Intermountain is at the leading edge of compliance with accounting standards.
14. Trains Accounting and affected Finance personnel on new accounting developments and standards. Prepares personnel to implement new standards when they take effect.
15. Understands Intermountain's Accounting policies and procedures. Proposes new policies, procedures, and updates to these documents, as appropriate.
16. Oversees accounting and financial controls of the start-up subsidiaries of Intermountain Ventures, including the capture of accounting information from management services organizations and controls processes.
17. Directs the accounting of Intermountain’s and Ventures’ investments portfolios, including technical accounting of complex investment structures.

Additional responsibilities include assessing and analyzing risks in accounting and other financial systems, developing and implementing solutions, supporting internal control initiatives, and coordinating activities related to mergers and acquisitions. The role also involves authoring and updating accounting policies, assisting with financial reporting controls, and supporting Ventures' activities with acquisitions, divestitures, and financing.

Minimum Qualifications

• Master's in Accounting or a related business field from an accredited institution.
• Licensed Certified Public Accountant.
• Seven years of professional accounting experience.
• Three years of direct supervisory or management experience.
• Demonstrated leadership, collaboration, and communication skills.
• Experience working with limited supervision and attention to detail.

Preferred Qualifications

• Four years with a CPA firm, preparing audited financial statements in accordance with U.S. GAAP.
• Experience with not-for-profit healthcare accounting, for-profit accounting, treasury, and investments.
• Experience managing an accounting department and working with databases and financial systems.
• Understanding of healthcare and not-for-profit accounting principles.

Physical Requirements: Eligible to participate in the Annual Pay for Performance (AP4P) Plan, with awards based on performance goals.

Location: Key Bank Tower, Salt Lake City, Utah

Scheduled Weekly Hours: 40

The hourly range for this position is listed below. Actual hourly rate dependent upon experience.

$57.75 - $89.14

We care about your well-being – mind, body, and spirit – which is why we provide our caregivers a generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.

Learn more about our comprehensive benefits package here.

Intermountain Health is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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