Vice President Accounting & Corporate Controller

UMass Memorial Health Care; Worcester (MA); On-site; USD 120,000 - 180,000; Full time

Job summary

An established industry player seeks a Vice President of Accounting & Corporate Controller to lead financial operations and reporting. This executive role involves developing accounting policies, ensuring compliance, and driving process improvements within a dynamic healthcare environment. The successful candidate will have a robust background in finance, strong technical accounting skills, and a passion for fostering team development. Join a forward-thinking organization committed to respect and excellence in healthcare, where your leadership will have a significant impact on financial integrity and operational efficiency.

Benefits

Signing Bonus

Flexible Schedule

Professional Development Opportunities

Qualifications

• 10+ years in finance with 5+ years in leadership within healthcare.
• Strong technical accounting and compliance knowledge required.

Responsibilities

• Oversee accounting operations and financial reporting for the organization.
• Lead process improvement initiatives and ensure compliance with policies.
• Manage payroll department and cultivate team development.

Skills

Technical Accounting Skills

Leadership in Finance

Financial Reporting

Process Improvement

Compliance Knowledge

Education

Bachelor's Degree

Master's Degree

CPA

Job description

Vice President Accounting & Corporate Controller

Join to apply for the Vice President Accounting & Corporate Controller role at UMass Memorial Health.

Exemption Status: Exempt
Schedule Details: Monday through Friday
Scheduled Hours: Will vary
Shift: 1 - Day Shift, 8 Hours (United States of America)
Hours: 40
Cost Center: 99940 - 5510 Finance Administration

This position may have a signing bonus available; a member of the Recruitment Team will confirm eligibility during the interview process.

Reporting to the Senior Vice President of Finance, the newly created position of Vice President of Accounting and Corporate Controller will provide executive leadership of the accounting functions for all of UMass Memorial Health. This role will develop, implement and maintain accounting policies and procedures that adhere to internal policies and generally accepted accounting principles. As a shared service center for the organization, this position will ensure accurate and timely monthly, quarterly, and annual financial reporting to support the strategic initiatives of the organization. In addition, this position will be actively engaged and leading our ongoing process improvement initiatives. This position is accountable for system-wide accounting, financial reporting, tax reporting, revenue finance, and payroll.

I. Major Responsibilities:

• Oversees the accounting operations of entities within UMass Memorial.
• Acts as a liaison between local entity financial leadership and all corporate departments to ensure conformity with policies and procedures.
• Ensures accurate monthly financial reporting and adherence to universally applied policies and procedures across all entities in the system.
• Oversees capital spending in accordance with corporate policies and within capital allocation limits.
• Participates in Senior Leadership activities to help achieve all local entity goals and objectives.
• Coordinates annual external audits, annual tax compliance, annual cost reports, and other regulatory matters for UMass Memorial.
• Oversees the revenue finance team to ensure understanding of monthly revenue trends during the close, preparation of cost reports, and annual revenue budgets.
• Consistently works to improve operational efficiency and enhance usability of financial information.
• Responsible for oversight of the payroll department to ensure timely and accurate payroll processing, adherence to internal policies and external regulations.
• Cultivates a learning environment for the development and engagement of the team.
• Performs similar or other related duties as required or directed.

Standard Executive Level Responsibilities:

• Directs and supervises assigned personnel including performance evaluations, scheduling, orientation, and training. Makes recommendations on employee hires, transfers, promotions, demotions, discipline, terminations, and similar actions.
• Develops and recommends the budgets for the areas managed. Ensures adequate equipment and supplies for the department. Manages activities to assure financial goals are met.
• Encourages and supports diverse views and approaches, demonstrates Standards of Respect, and contributes to creating and maintaining an environment of professionalism, respect, tolerance, civility, and acceptance toward all employees, patients, and visitors.
• Integrates diversity into departmental objectives, such as hiring, promotions, training, vendor selections, etc.
• Fosters the effective integration of efforts with system-wide initiatives. Participates in performance improvement initiatives and demonstrates the use of quality improvement in daily operations.
• Ensures compliance with regulatory agencies such as Joint Commission, DPH, etc. Develops and maintains procedures necessary to meet regulatory requirements.
• Ensures that the department complies with hospital established policies, quality assurance programs, safety, and infection control policies and procedures.
• Develops and maintains established departmental policies, procedures, and objectives.
• Ensures compliance with all health and safety regulations and requirements.

II. Qualifications:

Required:

• Minimum of 10 years of progressive experience in finance, with at least 5 years in a leadership role within a health care organization.
• Strong technical accounting skills and understanding of not-for-profit and health care finances. Ability to understand complex transactions and apply appropriate accounting guidance.
• Demonstrated ability to work with accuracy, discretion, diplomacy, and efficiency with a variety of constituents.

Preferred:

• Master’s degree.
• CPA.
• Senior management experience, as demonstrated by sound management abilities.

III. Physical Demands And Working Conditions:

Work is considered Sedentary. Is the majority of time spent dealing directly with patients (Y/N): N. Hazardous: Position likely has exposure to needles, bodily fluids, sickness, potential violence, or other hazardous materials (Y/N): N.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

We’re striving to make respect a part of everything we do at UMass Memorial Health – for our patients, our community, and each other. Our six Standards of Respect are: Acknowledge, Listen, Communicate, Be Responsive, Be a Team Player and Be Kind. If you share these Standards of Respect, we hope you will join our team and help us make respect our standard for everyone, every day.

As an equal opportunity and affirmative action employer, UMass Memorial Health recognizes the power of a diverse community and encourages applications from individuals with varied experiences, perspectives, and backgrounds.

If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at [e-mail]. We will make every effort to respond to your request for disability assistance as soon as possible.

Seniority level

Executive

Employment type

Full-time

Job function

Finance and Sales

Industries

Hospitals and Health Care