What are the responsibilities and job description for the Controller position at UMC Health System?
We’ve learned that what is best for patients is also best for employees. Learn more about why we are one of the Best Companies to Work for in Texas®.
Job SummaryThe Controller reporting to the Senior Vice President of Finance is responsible for directing UMC accounting functions, overseeing the preparation of GAAP/GASB financials, payroll preparation, tax returns, audits, and monthly and annual financial statements
Reports to:
Job Specific Responsibilities
Daily assignments may include but are not limited to:
- Coordinate and assist with annual financial audit
- Collaborate with executive leadership team on review and implementation of new contracts, maintaining existing contracts, and any changes to contractual relationships that impact recording of cost accounting, payroll reporting, or financial data in any way
- Develop the departmental budget and monitor variances monthly
- Oversee a team of 5 subordinate staff; responsible for hiring, coaching, training, employee engagement, performance management, and disciplinary actions for staff
- Oversee payroll process ensuring it is prepared timely and accurately including submission of various deductions such as retirement, payroll taxes, employee reimbursements, supplemental medical benefits
- Responsible for accounting and supervision of staff in the preparation of the UMC Foundation financial statements monthly and assist with the annual audit
- Evaluate and assess cash needs for the organization and to maintain the proper cash balances in operating accounts to meet those needs
- Supervise and monitor accounts payable activities in accordance with financial and internal control policies. Ensure all payments are processed accurately and timely
- Reviews monthly financial statements for accuracy and to ensure they are in accordance with GAAP/GASB.
- Maintains supporting accounting/financial information records. Assures that all balance sheet accounts are reconciled and reviewed by the appropriate supervisor to ensure accuracy
- Assure all journal entries and interfaces from supporting systems are reviewed, approved and appropriate
- Trains, educates, and explains accounting/financial information to Directors and other stakeholders through informal and formal meetings
- Monitor compliance with State and Federal regulations related to tax returns, unclaimed property, payroll and related regulations
Education and Experience
- Bachelor's degree in Accounting, Finance, or other Business Administration specialty is required.
- Graduate degree in Accounting, Finance, or other Business Administration specialty, preferred
- Five (5) years of experience in a leadership role in accounting and finance at an administrative or professional level is required, preferably in a healthcare setting
Required Licensures/Certifications/Registrations
- CPA certification is preferred
Skills and Abilities
- Knowledge of accounting standards accepted by GAAP/GASB
- Effective communicator, both verbally and in writing; Must speak English fluently
- Strong skills with information systems including financial systems (Workday), Excel, Word, Access and PowerPoint are required.
Interaction with Other Departments and Other Relationships
This position will interact daily with accounting staff. Frequent contact with department directors and upper-level management for obtaining and reporting information used for decision making
Physical Capabilities
This position requires sitting for extended periods of time, often looking at a computer. Typing, visual and audio acuity is required continuously. Must be able to speak in front of small to medium size audiences.
Environmental/Working Conditions
The position is subject to inside environmental conditions, protection from weather conditions, but not necessarily varying temperature changes.
UMC Health System provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment on the basis of race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Salary : $82,000 - $104,000