Description

To establish and/ or maintain the organization's accounting principles, practices, and procedures to ensure the generation of GAAP accrual based financial statements. Carries out all duties while maintaining compliance and confidentiality and promoting the mission and philosophy of the organization. The Director of Finance must be exceedingly well organized, flexible and able to work in a fast-paced environment and meet multiple simultaneous deadlines, while maintaining a high level of professionalism, ethics and confidentiality. Direct oversight of accounting department in an efficient and effective manner.

Requirements

General Ledger:

• Develop and implement finance, accounting, payroll, payables, and auditing procedures.
• Understands all areas of financial and accounting related systems.
• Maintains cash and accrual basis financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
• Ensures accurate general ledger coding to support cost center allocations required for GAAP reporting in the various Enterprise.

Accounting Reporting (EAR) systems.

• Documents policies, procedures, quality standards, and training for the accounting department.
• Responsible for timely and accurate issuance of financial statements to support a data driven organization.
• Develop spreadsheets and/or other required work papers to support journal entries to the general or subsidiary ledgers.
• Reviews, examines and approves entries posted to subsidiary and general ledgers for accuracy and compliance with GAAP and established accounting policies and procedures.
• Organizes and coordinates the month end close process in order to maintain a timely close process.
• Reviews the financial statements and the general ledger trial balance monthly for accuracy and reasonableness. Presents financial statements for review to CFO with variance analysis summary.
• Reviews existing procedures for recording financial transactions to determine appropriateness and determine if modifications can be implemented to reduce labor costs and increase productivity in the accounting department.

Fixed Assets

• Responsible for the review of the fixed asset system and subsidiary ledger maintained by external accounting firm.
• Ensures compliance with fixed asset policies and procedures.
• Tracking in the fixed asset sub-ledger data required to monitor transfers, disposals and scrapped equipment in coordination with IT, facilities and other stakeholders. 
• Generate fixed asset reporting for analysis to CFO to present to the Finance Committee, Executive Management and Board of Directors.
• Proper accounting for Tenant finish-out allowances to comply with GAAP requirements.

Financial Reporting

• Generates accurate and timely monthly, quarterly and annual financial statements and reports.
• Provides additional detailed reports and financial packet to present monthly to CEO and CFO.
• Review of Athena Financial Control reports to bank activity.
• Understands and maintains the allocation process as well as the data that drives the GAAP/ EHR allocations to ensure allocation results are accurate and in line with financial reporting goals of the Company.
• Consolidates financial data for Arkansas Urology and subsidiary companies with intercompany eliminating entries.
• Provides written monthly analysis of cost trends.
• Provides special reports as required.
• Perform internal audits to ensure gaps in processes are identified and corrected.

Reconciliations

• Delegate general ledger reconciliations of the subsidiary ledgers to accounting staff on a routine basis and throughout the month to distribute workload within the month.
• Ensures all account reconciliations are prepared timely and accurately through a routine review process.
• Performs independent research into errors in coding and develops correcting entries as needed.
• Performs 12-month trend and year-over-year analysis with explanation and benchmarking against industry metrics.

Management

• Develops and documents quality standards, development tools, and training based on industry best practices.
• Develops and reviews existing department procedures to determine propriety and methods of reducing time and cost of the accounting operations.
• Develops and maintains staff training plan by position with an emphasis on cross-training and staff development.
• Develops staff to function independently while fostering a team environment.
• Deals with personnel issues in a timely and appropriate manner in accordance with company policy.

Other

• Prepares accounting review schedules and assignments in support of the annual audit.
• Coordinate with outside accounting firms during year-end close and ensure accurate fixed asset recognition and tax preparation.
• Writes accounting and financial software operating procedures using established accounting principles, theories, concepts and practices.
• Makes recommendations to the CFO for the continuous refinement of general ledger accounting procedures.
• Understands the flow of data throughout the organization and how it impacts the multiple entities, data sources and systems.
• Adheres to all company policies, including but not limited to, OSHA, HIPAA, compliance and Code of Conduct.
• Performs other duties as assigned.
• Perform any other related duties as required or assigned.

EDUCATION AND EXPERIENCE

Bachelor's degree or higher in Accounting or Finance with 5 years related experience. A minimu of 3 years realted management experience, or equivalent combination of education and experience.

SUPERVISOR RESPONSIBILITIES: 

Will be responsible for supervising the following departments: Payroll, Accounts Payable, and other Accounting supportive positions.

POSITION TYPE/WORK EXPECTATION

This is a full-time position; Monday through Friday 8:00 am to 5:00 pm, but may require additional hours. Must be able to attend afterhour work committee and board meetings as scheduled.