Accounting Director

Department Overview

Reporting to the VP of Accounting, the Director of Accounting is a core member of the OHSU Central Finance team and provides direction and oversight of General Accounting and Financial Reporting functions for OHSU. Highlights of the areas of responsibility include, but are not limited to:

• Directing and overseeing the OHSU monthly and fiscal year-end financial close process, scalability of accounting processes necessary to maintain the general ledger of OHSU’s $7 billion balance sheet and accurate financial reporting; this position has ultimate authority over classification and booking of all transactions.
• Oversee the preparation of OHSU’s consolidated financial statements, including cash flow statements, in accordance with U.S. Generally Accepted Accounting Principles (GAAP) and Governement Accounting Standards Board (GASB), and internal financial reporting for senior executives. Planning and collaborating with OHSU affiliates and external audit team to ensure timely completion of interim and year-end audit procedures, including external audit work of OHSU, Hillsboro Medical Center (Tuality), OHSU Foundation, OMB Single Audit, InsCo, and Richmond Clinic.
• Maintain current knowledge of relevant regulations and guidance on statutory accounting practices to advise OHSU’s VP of Finance & Accounting and SVP, Chief Accounting Officer on correct application of Generally Accepted Accounting Principles. Oversees the development of and maintenance of accounting policies, procedures related to operational and strategic initiatives, including the review and implementation of process and system changes.
• Oversees the training and development of accounting staff, and delegating duties and authority to meet departmental and organizational goals

A thorough knowledge of GAAP and GASB is required for audit preparation and financial data analysis. The Director of Accounting will make decisions based on OHSU guidelines, policies and procedures and accounting standards. The position requires a formal accounting background, strong oral and written communication skills and good customer service skills.

Function/Duties of Position

• Promotes the mission of OHSU Finance & Accounting through our Professional Standards of Customer Service, Reliability, Productivity, Professionalism, Accuracy, Timeliness, and Problem-Solving.

• Directs the accounting offices within OHSU Central Finance, including General Ledger, Capital/Lease Accounting, and other fully or partially owned affiliate entities (OHSU Project Co., LLC, InsCo, etc.) Establishes and oversees the monthly OHSU financial close process, directs all financial transaction processing, reconciliations, data analysis and reporting. Creates and reviews OHSU’s financial statements for completeness, accuracy and compliance with generally accepted accounting principles. Ensures monthly closing of Oracle modules, including General Ledger, Project Accounting and Fixed Assets and oversight of functional leads of General Ledger, Project Accounting, Property Manager (leases), Fixed Assets and Cash Management applications. Oversees the reconciliation of accounts, the analysis and tracking of balance sheet accruals, receivables, etc. and non- departmental (institutional) budget to actual revenues and expenses. Plans, organizes, coordinates and directs OHSU’s external audits and reviews by internal and external auditors. Collaborates with external auditors to ensure successful audit results and compliance. Directs the preparation of financial information for federal, state and other external surveys, internal program financial statements, and any other requests for financial information. Makes recommendations to VP of Finance & Accounting and SVP, Chief Accounting Officer regarding accounting and financial results of OHSU and related entities.

• Supervises, recruits and retains staff by completing employee GROW conversations which includes development of short- and long-range goals and objectives, setting priorities and maintaining staff development. Managing staff to include providing direction and support, reviewing work in progress, and ensuring that work is completed within scheduled time frames. This may include coordination with Legal, Internal Audit, Budget, Treasury and Executives to ensure requirements are fully met. Actively studies regulations and guidance on statutory accounting practices advising OHSU’s VP of Finance & Accounting and SVP, Chief Accounting Officer on correct application of Generally Accepted Accounting Principles.

• Oversees the development of and maintenance of OHSU’s accounting policies and procedures. Makes recommendations for changes and implements as needed, ensures policies and procedures are followed and establishes the proper techniques to discover and prevent fraud. Develops complex financial rep