Sr. Manager, Consolidations and Financial Reporting at Summit Health

, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

18 Apr, 26

Salary

153000.0

Posted On

18 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Financial Reporting, Lease Accounting, Analytical Skills, General Ledger, Team Management, Collaboration, Technical Accounting, Process Improvement, US GAAP, Communication, Leadership, Attention to Detail, Problem Solving, Interpersonal Skills, Organizational Skills

Industry

Hospitals and Health Care

Description

About Our Company We’re a physician-led, patient-centric network committed to simplifying health care and bringing a more connected kind of care. Our primary, multispecialty, and urgent care providers serve millions of patients in traditional practices, patients' homes and virtually through VillageMD and our operating companies Village Medical, Village Medical at Home, Summit Health, CityMD, and Starling Physicians. When you join our team, you become part of a compassionate community of people who work hard every day to make health care better for all. We are innovating value-based care and leveraging integrated applications, population insights and staffing expertise to ensure all patients have access to high-quality, connected care services that provide better outcomes at a reduced total cost of care. Please Note: We will only contact candidates regarding your applications from one of the following domains: @summithealth.com, @citymd.net, @villagemd.com, @villagemedical.com, @westmedgroup.com, @starlingphysicians.com, or @bmctotalcare.com. Job Description Join Summit Health as a Senior Manager, Accounting and Consolidations, and become a key member of the corporate accounting team. This is an instrumental role in supporting our management team, overseeing the accounting and reporting of the company’s lease portfolio, ensuring accurate accounting of complex transactions and timely reporting of the company’s consolidated financial statements. In this role you will be a key liaison to the finance organization, business process owners and upper management. The successful candidate must possess well-rounded accounting experience, along with strong analytical skills and general ledger knowledge. You will interact with business unit controllers, finance leadership, real estate, legal and other cross functional teams in leading the lease accounting process, providing consolidated financial results, cash flow information and meaningful analytics to help guide business decisions. How you can make a difference • Lead the accounting and reporting of the company’s lease portfolio • Manage a team of accountants and analysts (FTEs and external vendor resources) • Provide technical accounting oversight of lease transactions and manage all data maintenance activities in the CoStar lease accounting database • Own the review of monthly lease accounting reconciliations • Collaborate with cross-functional teams, including real estate, legal, finance and construction in performing operational reviews of rent and occupancy costs and assisting with financial forecasts • Perform detailed reviews of lease contracts and assist with landlord inquiries • Manage monthly consolidation close activities and the general ledger account mapping process • Review legal entity investment and equity relationships, inter-company eliminations and the consolidated trial balance • Prepare the company’s consolidated cash flow statement for review by management • Assist with the internal and external monthly, quarterly and annual financial reporting, including results of operations, specified items, balance sheet, cash flow and applicable analysis • Provide support/analysis for all reporting requirements requested by internal and external stakeholders • Ensure the accuracy, integrity, standardization, and consistency of the balance sheets, income statements, cash flow statements, and other financial information • Ensure proper accounting for the Company's corporate level transactions, such as corporate allocations, accrual calculations, intercompany activities, acquisitions and divestitures • Using a firm understanding of the company’s entity structure, general ledger and financial systems, drive process improvements and efficiencies while ensuring accuracy of legal entity reporting • Assist with ownership of the chart of accounts and overseeing the governance of ERP data • Assist with the preparation of external financial statements and footnote disclosures in accordance with US GAAP, ensuring accuracy and timeliness of reporting • Assist with journal entry preparation for non-routine transactions • Coordinate with external auditors on audit requests and other third-party service providers, as needed • Ensure all work complies with Sarbanes-Oxley requirements • Assist with special projects and initiatives on an ad hoc basis Skills for success • Excellent written and oral communications skills, including the ability to work collaboratively and build strong relationships across the organization to influence cross-functional teams • Exercises sound judgment, is solution oriented and has a passion for being hand-on in problem solving and execution • Strong organizational, leadership, and interpersonal skills • Strong knowledge of the lease accounting standard and experience with lease contract review and analysis • Ability to multi-task, meet deadlines, and accomplish goals • Demonstrated stress tolerance to work in a fast-paced work environment with definitive timelines • Self-motivated, independent, and resourceful while demonstrating the highest level of integrity • Attention to detail and strong work ethic • Ability to gain the confidence and respect of management and staff through attributes such as professionalism and positive attitude • Process oriented with the ability to organize and manage projects while managing a team • Able to interpret and translate complex technical matters into concise communication to management • Challenges existing processes and always looks to improve and find efficiencies Experience to drive change • Undergraduate degree in accounting • Master’s degree in accounting a plus • Certified Public Accountant (CPA) preferred • Public company experience • Big 4 accounting experience a plus • 8+ years of related work experience • Advanced PC skills using Outlook, Word, Excel (ability to perform Pivots, V-lookups, and other functions with Excel) • Lease accounting software knowledge, with CoStar experience preferred • Consolidations experience and familiarity with intercompany transactions • Financial ERP/Reporting system knowledge, with Workday experience preferred • Expert knowledge of US GAAP accounting and reporting requirements This is an exempt position with the salary range of $148,000 - $153,000 based on experience. About Our Commitment Total Rewards at VillageMD Our team members are essential to our mission to reshape healthcare through the power of connection. VillageMD highly values the critical role that health and wellness play in the lives of our team members and their families. Participation in VillageMD’s benefit platform includes Medical, Dental, Life, Disability, Vision, FSA coverages and a 401k savings plan. Equal Opportunity Employer Our Company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to, and does not discriminate on the basis of, race, color, religion, creed, gender/sex, sexual orientation, gender identity and expression (including transgender status), national origin, ancestry, citizenship status, age, disability, genetic information, marital status, pregnancy, military status, veteran status, or any other characteristic protected by applicable federal, state, and local laws. Safety Disclaimer Our Company cares about the safety of our employees and applicants. Our Company does not use chat rooms for job searches or communications. Our Company will never request personal information via informal chat platforms or unsecure email. Our Company will never ask for money or an exchange of money, banking or other personal information prior to the in-person interview. Be aware of potential scams while job seeking. Interviews are conducted at select Our Company locations during regular business hours only. For information on job scams, visit, https://www.consumer.ftc.gov/JobScams or file a complaint at https://www.ftccomplaintassistant.gov/. Join our Talent Network! Click the 'Get Started' button below to create a Candidate Home account to stay up to date on our most recent Job Postings! We’re a physician-led, patient-centric network committed to simplifying health care and bringing a more connected kind of care. Our primary, multispecialty, and urgent care providers serve millions of patients in traditional practices, patients' homes and virtually through VillageMD and our operating companies Village Medical, Village Medical at Home, Summit Health, CityMD and Starling Physicians. When you join our team, you become part of a compassionate community of people who work hard every day to make health care better for all. We are innovating value-based care and leveraging integrated applications, population insights and staffing expertise to ensure all patients have access to high-quality, connected care services that provide better outcomes at a reduced total cost of care. The work we do is changing the lives of our patients, our communities, and each other. Join us as we deliver the care we want to see in the world. Together, we can create better outcomes for all.

Responsibilities

Lead the accounting and reporting of the company’s lease portfolio while managing a team of accountants and analysts. Collaborate with cross-functional teams to ensure accurate financial reporting and compliance with accounting standards.