What are the responsibilities and job description for the Vice President, Corporate Finance position at Thomas Jefferson University and Hospitals?
Job Details
Oversee the accounting and financial reporting functions of Thomas Jefferson University Health System, ensuring appropriate accounting practices, strong internal controls, accurate revenue recognition, required financial filings, and well‑governed financial policies. Safeguard the organization's financial assets and ensure that financial activities are accurately reflected in accordance with applicable standards and regulations. Deliver timely, accurate, and decision‑useful financial information to support operational leadership in making informed, data‑driven decisions.Job Description
- Supervises/prepares the monthly consolidated financial reporting including financial statements, variance analysis, statistical and financial ratio reporting. Coordinates and oversees the associated quality review process and ensures timely and accurate completion in accordance with monthly close. Management of the campus financial reporting and general accounting functions, including presentation of financial statements, trends and other relevant information to senior management and the Trustees.
- Coordinate and\or assists in the annual external audit including planning; preparation of work papers; and supporting audit schedules, preparation/review of Quarterly Footnote Reports and Annual Audit report, and direct interfacing with auditors to answer questions; clarifies issues in accordance with GAAP and the Healthcare Audit Guide. Reviews of new accounting standards and accounting standards updates. Oversees timely balance sheet reconciliation for accuracy and adherence to accounting guidance.
- Management of the Sponsored Program Accounting Office. Responsible for managing the external reporting requirements, grant compliance, billing and cash collection for all research sponsors; preparation and negotiation of the federal indirect cost reimbursement rate and employee benefit rate.
- Management of the Office of Student Accounts encompassing the billing and collection of all tuition and fees; and the recording the disbursement and collection of all student loan funds.
- Manage the maintenance, operation and implementation of financial systems necessary to conduct University business and recording of transactions
Education
- Bachelor’s Degree in Accounting or Finance required
- Master’s Degree in Business preferred
Experience
- 10 years of Public Accounting and/or healthcare finance experience required
- 7 years of Healthcare finance experience preferred
- Minimum of ten years of progressive experience in financial analysis, budgeting, accounting, taxation, and financial statement preparation, preferably in a university or healthcare setting; direct experience with general ledger systems and interaction with external auditors.
- Minimum of 7 years of staff supervision required.
- Proficiency in Microsoft Word, Excel, Power Point. Familiar with artificial intelligence preferred. Strong knowledge of generally accepted accounting principles
Licenses and Certifications
- CPA - Certified Public Accountant - State of Pennsylvania within 2 Years
Work Shift
Workday Day (United States of America)Worker Sub Type
RegularEmployee Entity
Thomas Jefferson UniversityPrimary Location Address
1101 Market, Philadelphia, Pennsylvania, United States of AmericaNationally ranked, Jefferson, which is principally located in the greater Philadelphia region, Lehigh Valley and Northeastern Pennsylvania and southern New Jersey, is reimagining health care and higher education to create unparalleled value. Jefferson is more than 65,000 people strong, dedicated to providing the highest-quality, compassionate clinical care for patients; making our communities healthier and stronger; preparing tomorrow's professional leaders for 21st-century careers; and creating new knowledge through basic/programmatic, clinical and applied research. Thomas Jefferson University , home of Sidney Kimmel Medical College, Jefferson College of Nursing, and the Kanbar College of Design, Engineering and Commerce, dates back to 1824 and today comprises 10 colleges and three schools offering 200 undergraduate and graduate programs to more than 8,300 students. Jefferson Health , nationally ranked as one of the top 15 not-for-profit health care systems in the country and the largest provider in the Philadelphia and Lehigh Valley areas, serves patients through millions of encounters each year at 32 hospitals campuses and more than 700 outpatient and urgent care locations throughout the region. Jefferson Health Plans is a not-for-profit managed health care organization providing a broad range of health coverage options in Pennsylvania and New Jersey for more than 35 years.
Jefferson is committed to providing equal educational and employment opportunities for all persons without regard to age, race, color, religion, creed, sexual orientation, gender, gender identity, marital status, pregnancy, national origin, ancestry, citizenship, military status, veteran status, handicap or disability or any other protected group or status.
Benefits
Jefferson offers a comprehensive package of benefits for full-time and part-time colleagues, including medical (including prescription), supplemental insurance, dental, vision, life and AD&D insurance, short- and long-term disability, flexible spending accounts, retirement plans, tuition assistance, as well as voluntary benefits, which provide colleagues with access to group rates on insurance and discounts. Colleagues have access to tuition discounts at Thomas Jefferson University after one year of full time service or two years of part time service. All colleagues, including those who work less than part-time (including per diem colleagues, adjunct faculty, and Jeff Temps ), have access to medical (including prescription) insurance.
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