Associate Vice President of Accounting Operations

Hugh Chatham Memorial Hospital; Oak Brook (IL); On-site; USD 180,000 - 289,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Educational assistance

Paid time off

Job summary

Advocate Health is seeking an experienced Accounting Operations Leader to guide a dynamic team in enterprise accounting, financial reporting and process improvements. You will manage general ledger, cash accounting and regulatory compliance, ensuring GAAP alignment and timely financial closes.

You will also drive budgeting and forecasting, oversee internal controls, and collaborate with senior leadership to shape strategic financial decisions in a large healthcare and academic enterprise.

Qualifications

• CPA designation is required.
• Bachelor’s degree in accounting or finance is required.
• Minimum of 10 years progressive accounting experience with 7+ in management, preferably in healthcare.

Responsibilities

• Develop and implement accounting strategies, policies and procedures.
• Oversee general ledger, cash accounting, analytics, investments and endowments.
• Lead internal controls and audits to ensure compliance and prevent fraud.
• Prepare monthly, quarterly, and annual GAAP financial reports.
• Drive budgeting, forecasting and strategic financial planning.
• Lead change management for system implementations and process redesigns.
• Mentor and develop an accounting team; manage compensation and performance.

Skills

GAAP knowledge

Financial reporting

Budgeting

Forecasting

Regulatory compliance

Leadership abilities

Communication

Analytical skills

Healthcare knowledge

Ethical standards

Strategic vision

Operational excellence

Collaboration

Adaptability

Education

Bachelor's degree in accounting or finance

CPA designation

MBA preferred

Tools

Oracle

SAP

Workday

Job description

Department

10205 Enterprise Corporate - Accounting

Status

Full time

Benefits Eligible

Yes

Hours Per Week

40

Schedule Details/Additional Information

None

Pay Range

$86.75 - $138.80

Major Responsibilities

Strategic Leadership

Develop and implement accounting strategies, policies and procedures that align with the organization’s overall mission, values, and business objectives. Contribute to financial planning and decision-making at the executive level and serve as a trusted financial advisor to senior leadership.

Accounting Operations Management

Oversee all accounting operations, including general ledger management, cash accounting and analytics, investments, insurance, grants and endowments, accounts payable, accounts receivable, payroll and fringe benefits, fixed assets and leasing, and the financial close processes. Ensure accuracy and timeliness of all financial transactions, reconciliations and reports.

Cash Accounting Applications & Treasury Support

Oversee the cash accounting applications and analytics systems/processes, bank reconciliations and the accounting team’s support of the enterprise treasury operations. Ensure accounting policies and procedures are followed to support the enterprise liquidity, debt management, and investment strategies.

Financial Reporting

Oversee the preparation and presentation of monthly, quarterly, and annual financial reports, analyses and reconciliations in accordance with Generally Accepted Accounting Principles (GAAP), applicable regulatory standards and internal control policies. Ensure that financial reporting reflects the organization’s true financial position.

Internal Controls

Establish, monitor, and continuously improve robust internal controls to safeguard organizational assets, ensure compliance with GAAP, laws and regulations (including HIPAA and Sarbanes-Oxley as applicable), and prevent fraud or errors. Lead periodic reviews and audits to assess the effectiveness of controls.

Compliance and Regulatory Oversight

Maintain up-to-date knowledge of accounting, tax, and health care regulations. Ensure full compliance with federal, state, and local requirements, including Medicare and Medicaid rules, IRS regulations, and other critical standards.

Process Optimization

Drive process improvements, automation initiatives, standardization and system enhancements to increase operational efficiency and effectiveness. Evaluate current accounting workflows and lead technological solutions to streamline operations.

Team Leadership and Development

Lead, mentor, and develop a high-performing accounting team. Set clear goals, provide regular feedback, and promote professional growth through coaching, training, and succession planning. Approves all teammate compensation changes, resolution plans of teammate concerns, corrective action plans and terminations.

Budgeting and Forecasting

Support the budgeting and forecasting process by providing accurate historical data, trend analysis, and insightful financial perspectives. Collaborate with finance and operational leaders to develop budgets that support organizational priorities.

Audit Management

Coordinate annual external audits and internal audit reviews. Serve as the primary liaison to auditors, ensuring timely preparation and delivery of required documentation and swiftly addressing audit findings.

Stakeholder Engagement

Build and maintain strong relationships with internal and external stakeholders, including executive leadership, department leaders, regulatory agencies, and vendors. Communicate complex financial information clearly to non-financial audiences.

Change Management

Lead change initiatives related to accounting operations, including system implementations, policy updates, and process redesigns. Guide teams through transitions and foster a culture of adaptability and continuous improvement.

Risk Management

Identify financial and compliance risks, recommend mitigation strategies, and oversee the implementation of risk management practices tailored to the unique needs of the accounting department in a health care environment.

Special Projects

Lead the team in various special projects including mergers and acquisitions, system integrations, and new business initiatives, providing accounting expertise and due diligence.

Certification Required

• Certified Public Accountant (CPA) designation required.

Education Required

• Bachelor’s degree in accounting or finance required.

Work Experience Required

• Minimum of 10 years of progressive accounting experience, with at least 7 years in a management or executive leadership role, preferably within a health care organization or similarly complex environment.

Knowledge, Skills & Abilities Required

• Technical Skills: Demonstrated expertise in GAAP, financial reporting, budgeting, forecasting, and regulatory compliance.
• Proficiency in accounting software (e.g., Oracle, SAP, Workday, or healthcare-specific platforms).
• Leadership Abilities: Proven track record of developing talent, leading teams, and driving organizational change.
• Exceptional communication, interpersonal, and negotiation skills.
• Analytical Skills: Strong problem-solving abilities, with a keen attention to detail and a capacity for strategic thinking.
• Health Care Knowledge: Familiarity with health care industry operations, terminology, and regulatory requirements (Medicare, Medicaid, HIPAA, etc.).
• Ethical Standards: High level of integrity, professionalism, and commitment to ethical conduct.
• Strategic Vision: Ability to think long-term, anticipate industry changes, and position accounting operations to support future growth and transformation.
• Operational Excellence: Commitment to process improvement, efficiency, and quality in all aspects of accounting operations.
• Collaboration: Effective in working across departments, building consensus, and driving results through teamwork.
• Communication: Skilled at conveying complex accounting and financial concepts to diverse audiences, including board members, clinicians, and non-financial stakeholders.
• Adaptability: Comfortable navigating ambiguity, leading through change, and balancing competing priorities in a fast-paced environment.

Physical Requirements and Working Conditions

• The role is typically based at the organization’s divisional headquarters, with occasional travel required to regional sites, external meetings, or industry conferences. The Accounting Operations leader must be comfortable working in a dynamic, deadline-driven setting and adept at managing competing priorities within a large, complex health care and academic enterprise.

Preferred Education

• A Master of Business Administration (MBA) degree is strongly preferred.

About Advocate Health

Advocate Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois; Atrium Health in the Carolinas, Georgia and Alabama; and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care. Headquartered in Charlotte, North Carolina, Advocate Health services nearly 6 million patients and is engaged in hundreds of clinical trials and research studies, with Wake Forest University School of Medicine serving as the academic core of the enterprise. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs 155,000 teammates across 69 hospitals and over 1,000 care locations, and offers one of the nation’s largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to providing equitable care for all, Advocate Health provides more than $6 billion in annual community benefits.

Our Commitment to You

Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:

Compensation

• Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training
• Premium pay such as shift, on call, and more based on a teammate's job
• Incentive pay for select positions
• Opportunity for annual increases based on performance

Benefits and more

• Paid Time Off programs
• Health and welfare benefits such as medical, dental, vision, life, andShort- and Long-Term Disability
• Flexible Spending Accounts for eligible health care and dependent care expenses
• Family benefits such as adoption assistance and paid parental leave
• Defined contribution retirement plans with employer match and other financial wellness programs
• Educational Assistance Program

Note: Eligibility for programs listed above may depend on your FTE or status (e.g., full-time, part-time, per diem, temporary, etc.); please ask a Recruiter for more information during an interview.

This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.