Assistant System Controller - Boston, MA

*** No visa sponsorships supported

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JOB DESCRIPTION :

Reporting to the Controller, the Assistant System Controller will support the Controller and the Finance Leadership team in managing BMCHS’s (BMC, St. Elizabeth, and Good Samaritan hospitals) accounting, internal controls, and financial reporting functions. This role involves overseeing the accounting functions, ensuring the accuracy and integrity of financial reporting data, and supporting process improvements for efficiency and compliance. The Assistant System Controller will maintain the integrity of BMCHS’s financial data while identifying opportunities to enhance operational efficiencies through partnership with other financial leaders. The Assistant System Controller will collaborate with internal stakeholders to ensure smooth financial operations while aligning with BMCHS’s strategic goals. The Assistant System Controller has full supervisory responsibility for the leaders of the Accounting, Accounts Payable, Cash Management, and Gift and Grant Accounting functions.

Position: Assistant System Controller

Department: Accounting

Schedule: Full Time

ESSENTIAL RESPONSIBILITIES / DUTIES:

Key Team Functions and Responsibilities:

• Oversee the general accounting, accounts payable, and cash management functions within BMC Health System. This individual is responsible for leading service-oriented teams that interact with the various entities, functions and departments within the System and strive to provide timely and accurate data as per process and requirements.
• Support the Controller in maintaining a robust internal control environment across accounting and financial functions.
• Standardize and document accounting, accounts payable, treasury, cash management and other policies and procedures in alignment with GAAP standards and/or in accordance with best business practices. Policies and procedures should document current practice and should be reviewed at least annually to ensure the System is being efficient and effective in its practices with an eye towards automation where possible.
• Collaborate with the Treasury team on cash flow management and control issues.
• Support the implementation of policies and processes to optimize cash management and banking relationships.
• Work with various stakeholders to integrate newly acquired operations and assets to the System, including adjusting current process and procedures to account for these changes.

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Financial Oversight and Reporting:

• Assist in the monthly accounting close process, including reviewing journal entries, subsystem postings, and financial data accuracy.
• Oversee the preparation of the monthly financial statements, including variance analysis, to support reporting to the Controller and senior leadership.
• Contribute to the preparation of regulatory filings and compliance documentation by providing timely and accurate data to the Controller and/or Associate Director of Financial Reporting when needed.
• Assist with external and internal audits by overseeing the preparation of necessary documentation when requested.

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Process Improvement and Systems Support:

• Identify and recommend opportunities for process enhancements to improve efficiency and accuracy in financial operations.
• Assist in the integration and optimization of financial systems, such as Infor and Workday.

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Leadership and Team Development:

• Directly supervise the leaders of the Accounting, Accounts Payable, Cash Management, and Gift and Grant Accounting functions (and indirectly manage their direct reports)
• Provide support and guidance to team members in the Controlling function, fostering a culture of growth and collaboration
• Act as a resource for staff development, training, and problem-solving within the department.

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Other Responsibilities:

• Partner with the Controller on special projects, initiatives, and ad hoc analyses as needed.
• Maintain effective communication and relationships with internal and external stakeholders.
• Perform additional duties as assigned by the Controller.

JOB REQUIREMENTS

EDUCATION:

• Bachelor's degree in Accounting, Finance, or related field, required.
• Master's degree preferred.

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CERTIFICATES, LICENSES, REGISTRATIONS REQUIRED:

• CPA required.

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EXPERIENCE:

• At least 10 years of progressive accounting or finance experience, preferably in a healthcare or a similar environment, required.
• At least 5 years of supervisory experience required.
• Experience with financial reporting requirements

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KNOWLEDGE, SKILLS & ABILITIES (KSAs):

• Proficiency in accounting software and ERP systems
• Excellent analytical, organizational, and communication skills
• Proven ability to work collaboratively and manage multiple priorities effectively
• Knowledge of internal controls, audit processes, and regulatory compliance requirements
• Awareness of process improvement methodologies and best practices in financial operations
• Effective communication and interpersonal skills, with the ability to collaborate across teams and levels

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Must-Haves

• CPA is required
• Bachelor's degree in Accounting, Finance, or related field, required
• At least 10 years of progressive accounting or finance experience, preferably in a healthcare or a similar environment, required.
• At least 5 years of supervisory experience required.
• Experience with financial reporting requirements

Job Type: Full-time

Pay: $163,000.00 - $220,000.00 per year

Application Question(s):

• PLEASE SHARE YOUR E-MAIL ADDRESS AND YOUR ZIP CODE
• DO YOU HAVE EXPERIENCE WITH FINANCIAL REPORTING REQUIREMENTS ? PLEASE COMMENT
• DO YOU HAVE CPA REQUIRED ? PLEASE COMMENT
• DO YOU HAVE BACHELOR'S DEGREE IN ACCOUNTING, FINANCE, OR RELATED FIELD ? PLEASE COMMENT
• DO YOU HAVE AT LEAST 10 YEARS OF PROGRESSIVE ACCOUNTING OR FINANCE EXPERIENCE, PREFERABLY IN A HEALTHCARE OR A SIMILAR ENVIRONMENT, ? PLEASE COMMENT
• DO YOU HAVE AT LEAST 5 YEARS OF SUPERVISORY EXPERIENCE ? PLEASE COMMENT
• ADDITIONAL INFORMATION YOU WOULD LIKE THE EMPLOYER TO KNOW ?

Work Location: In person