Director, Accounting

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At North Mississippi Health Services, our mission is to continuously improve the health of the people of our region. We aim to provide the best patient and family-centered care and health services in America. We believe that fulfilling our mission and vision calls us to embrace the best people who form incredible connections with our patients and families.
We take pride in celebrating everything that makes you uniqueyour talents, perspectives, and passions. At North Mississippi Health Services, we believe in connecting your passion with a purpose. You know what connected feels like when you are part of our team.
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Job Description JOB SUMMARY The Director of Accounting Services at North Mississippi Health Services plays a critical role in managing and improving financial operations. This role involves overseeing the provision of accounting services, collaborating with departments and administration for efficient financial data collection, developing accounting procedures and policies, coordinating budget preparation, working with auditors, staying updated on industry regulations, and supervising a team of accounting professionals. As a director, this role provides strategic leadership, goal-setting, and operational management for a department or function, contributing to the overall organizational success.. The specific functional areas under the responsilibty of the Director are: payroll, accounts payble, general accounting and financial reporting, budget and reimbursement.
JOB FUNCTIONS General Accounting/Financial Reporting: Oversee the monthly close and financial reporting for GAAP financial statements, including consolidated statements. Review and approve detailed analyses of monthly financial statements, ensuring variances are thoroughly researched and explained. Supervise the calculation of accounts receivable reserves across entire system, managing a complex AR reserve process. Deliver clear, data-driven insights to executive leadership on Accounts Receivable valuation and reserve adequacy, enabling informed strategic decision-making and ensuring audit preparedness. Direct the analysis and consolidation of financial data from joint ventures. Ensure accurate preparation of journal entries and reconciliation of general ledger accounts using multiple, non-integrated systems, coordinating a staggered close schedule. Oversee significant monthly analysis and reconciliation for Rural Health Clinics and Provider Based Clinics with commingled cash. Manage intercompany charges from various departmental systems, including oversight of manual journal entries. Supervise the estimation and analysis of monthly accruals for health insurance costs due to system deficiencies. Direct the maintenance and analysis of complex reimbursement and third-party audits, impacting monthly reserve settings. Ensure accurate recording of interest rate swaps, including valuations and manual entries. Oversee the recording of complex vendor and employee payment arrangements, such as contract nurses and physician bonuses. Supervise the recording of complex incentive bonus plans, requiring significant analysis for accurate accruals. Lead the financial statement audits and Federal and State tax returns, coordinating schedule preparation and detailed reviews. Coordinate quarterly Federal and State estimated tax payments. Review and approve monthly cash to net revenue analysis for all companies. Direct the setup of new general ledger accounts and departments, maintaining the chart of accounts within Accounts Payable and the General Ledger. Collaborate with Internal Audit on year-end inventory valuations. Make strategic decisions on significant and complex accounting transactions and presentations, including pension entries, UPL recognition, and professional liability accruals.
Operating Cash Management: Oversee weekly cash needs for each company, making strategic borrowing/investment decisions, and approving online cash transfers. Manage over 50 bank accounts, ensuring consolidation of cash and reconciliation of bank accounts. Execute changes to the hospitals investment portfolio in alignment with recommendations from the Investment Subcommittee (ISC), ensuring timely and accurate implementation in accordance with approved investment strategies and policies. Budget: Lead the development of consolidated budgets for afflicated companies, setting assumptions, reviewing major departments, providing feedback, and preparing Finance committee and Board presentations. Supervise monthly and year-to-date variance analysis for all companies. Management: Oversee hiring, counseling, evaluating and recommendation of termination if applicable for accounting staff Ensure the scheduling and balancing of workloads, and time off for accounting staff to guarantee all processes are completed within deadlines. Interpretation of accounting transactions for accurate reporting Provide insights and explanations to leadership regarding operational results, including variances to budget and prior year, to facilitate informed decision-making. Evaluate and recommend changes to accounting policies to enhance accuracy, efficiency, and compliance.
QUALIFICATIONS
Education
Bachelor's Degree In Accountancy. Required
Licenses and Certifications
Certified Public Accountant (CPA)
Work Experience
. 8 to 10 years accounting experience (healthcare preferred).. Required . proficiency in Microsoft Office Suite, including Excel, Word, PowerPoint, and Outlook, with advanced capabilities in data analysis, document preparation, and presentation development.. Required . Working knowledge of Workday, with experience navigating financial modules and supporting routine accounting and reporting tasks.. Required
Knowledge Skills and Abilities
Skilled in financial and fund accounting. Working knowledge of advanced data processing systems. Excellent organization skills. This position exercises direct supervision over managers, department administrative assistant. In addition, this position is indirectly responsible for accountants, accounting clerks, payroll clerks and accounts payable clerks. This position is responsible for scheduling and supervising staff in such a manner to maximize productivity, accuracy, and efficiency of accounting functions. The incumbent interacts daily with administrators, department managers, accounting staff and other employees and outside parties; therefore, incumbent must possess good communication skills. The incumbent must possess the ability to work well with groups or provide individualized assistance. The incumbent must be able to effectively communicate with non-financial individuals. Maintain procedures to meet generally accepted accounting principles (GAAP), corporate policy, and ensure compliance with Federal and state laws.
Physical Demands
A thorough completion of this section is needed for compliance with legal standards such as the Americans with Disabilities Act. The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Standing . Occassionally Walking . Occassionally Sitting . Frequently Lifting/Carrying . Occassionally 20 lbs Pushing/Pulling . Rarely Climbing . N/A Balancing . N/A Stooping/Kneeling/Bending . Rarely Reaching/Over Head Work . Occassionally Grasping . Frequently Speaking . Frequently Hearing . Constantly Repetitive Motions . Frequently Eye/Hand/Foot Coordinations . Occassionally
Benefits A****vailable Continuing Education 403B Retirement Plan with Employer Match Contributions Pet, Identity Theft and Legal Services Insurance Wellness Programs and Incentives Referral Bonuses Employee Assistance Program Medical Benefits Dental Benefits Vision Benefits License+ Certification Reimbursement Life, Long-Term and Short-Term Disability, Group Accident, Critical Illness and Hospital Indemnity Insurance Employee Discount Program Other: Early Access to Earned Wages Tuition Assistance Relocation Assistance Paid Time Away Special Employee Rates at NMMC Wellness Centers
Requirements No additional requirements from any stated in the above description. Education You must have the following education to apply: You must have a Bachelors or higher recblid 7n8oa05njbbhzlomiemm7f7g4azp80
Apply
Location:
Tupelo, MS, United States
Job Type:
FullTime

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