What are the responsibilities and job description for the Assistant Controller position at Barbour Community Health Association?
JOB DESCRIPTION
Summary: The Assistant Controller assists the CFO/Controller in accounting and finance operations of BCHA and oversees the financial portion of payroll. The Assistant Controller also directly supervises and directs the staff in BCHA’s accounting department.
Major Duties and Responsibilities
- Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
- Conduct or coordinate audits of company accounts and financial transactions.
- Lead staff training and development in budgeting and financial management areas.
- Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
- Maintain the Fixed Assets and Depreciation schedules and advise management on actions regarding the purchase, lease, or disposal of such items.
- Develop and maintain external financial and accounting relationships to facilitate financial activities.
- Develop internal control policies, guidelines, and procedures for activities within the scope of finance and accounting.
- Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns.
- Provide guidance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources.
- Receive cash and checks and make deposits.
- Review, and approve each biweekly payroll and submit for processing.
- Compute, account for, and authorize all payroll deductions.
- Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
- Perform monthly bank reconciliations.
- Advise management on short-term and long-term financial objectives, policies, and actions.
- Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
- Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
- Assist the CFO in the following duties:
- Analyze financial data to identify development opportunities and areas where improvement is needed.
- Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
- Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.
- Handle aspects of employee insurance, benefits, and casualty programs, including monitoring changes in health insurance regulations and creating budgets for benefits and worker's compensation.
- Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
- Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
Education and Experience:
- Associates Degree in Accounting or Finance required, bachelor’s preferred
- Proficiency in Excel and Quickbooks
- 3 years of accounting/finance experience
- Previous management experience preferred
Travel: Some travel to individual locations required.
Salary Range: Based on levels of experience and education, as well as current market rate.
Work Hours: May vary according to departmental needs (typically, 40 hours/week). Overtime may be necessary at times.
Job Type: Full-time
Benefits:
- Health insurance
- Paid time off
- Retirement plan
Work Location: In person