Finance Manager Full Time

Bristol Hospital Group; Bristol (CT); On-site; USD 120,000 - 170,000; Full time

Job summary

Bristol Health is seeking a senior finance executive to oversee all aspects of the financial department for Bristol Hospital & Health Care Group. The role directs budgeting, policy development, and accounting operations across entities.

Key duties include month-end close, inter-company accounting, and annual filings. Strong leadership, GAAP knowledge, and healthcare experience are essential for driving financial strategy and controls in this community-focused system.

Qualifications

• Bachelor's degree in Accounting or related field; Master’s preferred.
• CPA designation strongly preferred; healthcare experience is a plus.
• Minimum seven years in fiscal management, with three in a healthcare setting.

Responsibilities

• Supervises Finance Team and directs month-end close processes.
• Oversees inter-company transactions and asset accounting.
• Ensures accuracy of financial statements and internal controls.
• Manages annual regulatory and tax filings and OHCA/990 processes.
• Develops policies for budgeting, auditing, payroll, and benefits.

Skills

Financial management

Accounting

Budgeting

Leadership

GAAP knowledge

Education

Bachelor's degree in Accounting

Master's degree preferred

CPA strongly preferred

Tools

Advanced Excel

ERP systems

Financial software

Job description

Job Details

Job Location: BHI Bristol Hospital Main Campus - Bristol, CT 06010

Position Type: Full Time

Education Level: 4 Year Degree

Job Shift: 1st Shift (Days)

At Bristol Health, we begin each day caring today for your tomorrow. We have been an integral part of our community for the past 100 years. We are dedicated to providing the best possible care and service to our patients, residents and families. We are committed to provide compassionate, quality care at all times and to uphold our values of Communication, Accountability, Respect and Empathy (C.A.R.E.). We are Magnet® and received the 2020 Press Ganey Leading Innovator award for our rapid adoption and implementation of healthcare solutions during the COVID-19 pandemic. Use your expertise, compassion, and kindness to transform the patient experience. Make a difference. Make Bristol Health your choice.

Job Summary

Plans, organizes and directs all aspects of the financial department for Bristol Hospital & Health Care Group, excluding the physician practice group (Multi Specialty Group). In addition, will oversee the development/administration of policies on finance, accounting, insurance, internal controls, budget, auditing, payroll, benefits and claims processing.

Essential Job Functions and Responsibilities

Supervises the Finance Team

• Directs month-end close process ensuring close completion within established time-frame for assigned entities.
• Develops, implements, and refines month-end close procedures/checklists to guide the work of assigned staff.
• Ensures accuracy of internal financial statements by executing procedures for variance analysis.
• Maintains an organized and efficient system for filing journal entries and supporting documentation.
• Oversees the analysis and reconciliation of all balance sheet accounts monthly.
• Ensures proper recording of inter-company transactions including elimination entries.
• Produces internal individual entities, consolidating, and consolidated interim financial statements monthly.
• Adheres to policies and procedures to ensure proper classification and accounting for all aspects of fixed assets.
• Implements and executes policies and procedures to ensure proper classification and accounting for temporary and permanently restricted contributions and proper and timely releases from restriction as appropriate.
• Evaluates leases and other financing arrangements to ensure proper classification as operating or capital; ensures proper accounting of capital leases and operating.
• Maintains schedule of outstanding debt/capital leases.
• Stays abreast of all changes in generally accepted accounting principles.

Manages and Supports Completion of Annual Regulatory/Tax Filings

• Manages the process to support the completion of annual cost reports.
• Manages the process to support the completion of annual Office of Healthcare Access (OHCA) filings.
• Manages the process to provide information necessary to support the completion of Form 990s.
• Manages the process for various other financial filings throughout the year.

Maintains responsibility for professional growth and development of self and team

• Regularly evaluates professional areas of strength and weakness, and seeks opportunities for professional growth and development.
• Develops plans to meet learning needs.
• Monitors progress towards achievement of professional and educational goals.
• Demonstrates initiative in seeking cost effective methods of augmenting professional knowledge and skills.
• Other duties as assigned.

Qualifications

Educational / Minimum Requirements

• B.S. or B.A. in Accounting; Masters preferred; CPA strongly preferred.
• Additional appropriate education may be substituted for two (2) years of fiscal management.
• Minimum of seven (7) years of related experience including three (3) years in a health care related organization, strongly preferred.
• Three (3) years Supervisor/management experience, strongly preferred.

State/Federal Mandated Licensure or Certification Requirements

None

Bristol Hospital Mandated Educational Requirements

• General orientation at time of hire.
• Fire/Safety/Infection Control annually.
• Other programs as mandated by the Hospital.

Special Requirements

• Strong PC skills with ability to create and analyze spreadsheets and other complex financial data.
• Excellent interpersonal and written and oral communication skills.
• Strong management skills to supervise a diverse professional group.

Physical Requirements

Extended sitting, together with occasional bending, reaching and stooping.

Work Environment

Normal office environment with adequate lighting and ventilation.

Cognitive Requirements

Excellent analytical and problem solving ability. Must be able to analyze, understand and communicate complex situations dealing with financial and related business affairs.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.