Controller Full Time 40 hours

At Bristol Health, we begin each day caring today for your tomorrow. We have been an integral part of our community for the past 100 years. We are dedicated to providing the best possible care and service to our patients, residents and families. We are committed to provide compassionate, quality care at all times and to uphold our values of Communication, Accountability, Respect and Empathy (C.A.R.E.). We are Magnet ® and received the 2020 Press Ganey Leading Innovator award for our rapid adoption and implementation of healthcare solutions during the COVID-19 pandemic. Use your expertise, compassion, and kindness to transform the patient experience. Make a difference. Make Bristol Health your choice.

Job Summary:

Performs all necessary tasks required to provide overall financial direction and support to the Bristol Hospital and Healthcare Group (BHHCG) in the areas of financial reporting, financial forecasting, internal controls, budgeting, accounting, cash management, cost control and related areas.

 

Essential Job Responsibilities:

Responsible for Enterprise-Wide System of Internal Control

• Responsible for implementing internal control processes and procedures and developing a sound control environment
• Works effectively with Supply Chain, Patient Accounting, Human Resources to ensure proper procedures and safeguards are in place and enforced. Conducts assessments and provides periodic reports on internal controls detailing deficiencies, any related accounting adjustments, and remedial management actions required to cure.
• Develops systems to safeguard organizational assets and insure the accuracy of internal accounting records.
• Corrects deficiencies noted in outside auditor's management letter.
• Implements recommendations of Internal Auditor.

Manages General Accounting System

• Directs month-end close process ensuring close completion within established time-frame for all system entities.
• Develops, implements, and refines month-end close procedures/checklists
• Ensures accuracy of internal financial statements by establishing procedures for variance analysis
• Ensures an organized and efficient system for maintaining journal entries and supporting documentation exists
• Ensures analysis and reconciliation of all balance sheet accounts is completed on a monthly basis.
• Ensures proper recordation of inter-company transactions including elimination entries
• Produces internal individual entity, consolidating, and consolidated interim financial statements monthly
• Establishes policies and procedures to ensure proper classification and accounting for fixed assets
• Establishes policies and procedures to ensure proper classification and accounting for temporary and permanently restricted contributions and proper and timely releases from restriction as appropriate
• Evaluates leases and other financing arrangements to ensure proper classification as operating or capital
• Stays abreast of all changes in generally accepted accounting principles.
• Ensures accounts receivable contractual allowances are recorded appropriately.
• Oversees the development of internal financial reports and documents.

Responsible for Financial Planning, Budgeting, and Reporting Processes

• Continuously develops and refines financial systems to enhance financial reporting.
• Develops and maintains rolling financial forecasts and conducts scenario planning as needed
• Responsible for the reporting required by bondholders and bond covenants
• Responsible for overseeing the preparation of the BHHCG budget for all entities
  • Produces consolidated budget for the enterprise
  • Works with Executive Leadership in development of budget assumptions
  • Prepares supporting schedules and other related materials
• Supports BHHCG Business Planning and incorporates plans into the budget process.
• Performs complex financial analyses, including "what If" analyses.

Coordinates Annual Audit of Financial Statements

• Schedules interim and year-end field work with external auditors
• Develops and provides “prepared by client” (PBC) schedules, reconciliations and roll-forwards as requested