Manager, Accounting
Somerville, NJ - USA
Job Summary
Mass General Brigham relies on a wide range of professionals including doctors nurses business people tech experts researchers and systems analysts to advance our mission. As a not-for-profit we support patient care research teaching and community service striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.
Job Summary
Responsible for overseeing the financial operations of the organization by maintaining accurate financial records ensuring compliance with relevant regulations and providing financial analysis and reporting to support decision-making processes.Essential Functions
-Manage the day-to-day accounting activities including accounts payable accounts receivable general ledger and payroll.
-Ensure the accurate and timely recording of financial transactions in the companys accounting system.
-Develop and implement accounting policies and procedures to ensure compliance with relevant regulations and accounting standards.
-Monitor and analyze financial data to identify trends variances and opportunities for improvement.
-Prepare and present financial reports including balance sheets income statements cash flow statements and budgets to management and other stakeholders.
-Coordinate and oversee the annual budgeting process and provide ongoing budget management and analysis.
-Manage and mentor a team of accounting professionals providing guidance training and performance feedback.
Qualifications
Education
- Bachelors Degree in accounting or finance required
- Masters Degree in a related field of study preferred
Experience
- 5 years of accounting experience required
- 3 years of supervisory experience required
Responsibilities:
- Primary point of contact for review of post-retirement benefit plans defined benefit retirement plans and defined contribution benefit plans regulatory filings including any audited financial statements.
- Coordinate with external actuaries and obtain review and assess accounting implications regarding actuarial reports from our actuarial consultants.
- Collaborate with other MGB departments (including HR) and oversee the activity that is recorded for the various benefit programs to ensure consistency with the appropriate accounting treatment.
- Coordinate with outside captive insurer and internal teams to record malpractice insurance activity and recover malpractice premiums as appropriate
- Obtain a deep understanding of fringe benefit allocation process and work with constituents across various affiliates to assist in the rate setting and recording of these transactions.
- With a particular focus on material health retirement/DB plan accounting and FICA assist with the development of the budgets and forecasts for each along with the rest of the benefit programs of the System.
- Assess the actuarially determined tail liabilities for certain programs.
- Assist in the development of the budget and forecast for a variety of benefit plan areas including the allocation of the budgeted amounts across fiscal periods
- Analyze and communicate budget vs. actual analyses of benefit activity including drivers for the variances across the system.
- Provide support and subject matter expertise to finance leadership regarding the financial impacts ofour benefit programs.
- Support Pension Management Committee materials and project impacts of decisions to be made.
Knowledge Skills and Abilities
- In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and relevant accounting regulations.
- Knowledge of financial analysis techniques and financial reporting.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and accuracy.
- Effective communication interpersonal skills and the ability to lead and manage a team.
- Ability to prioritize tasks meet deadlines and work under pressure.
Additional Job Details (if applicable)
Remote Type
Work Location
Scheduled Weekly Hours
Employee Type
Work Shift
Pay Range
$99465.60 - $141804.00/AnnualGrade
8EEO Statement:
Mass General Brigham Competency Framework
At Mass General Brigham our competency framework defines what effective leadership looks like by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance make hiring decisions identify development needs mobilize employees across our system and establish a strong talent pipeline.
Required Experience:
Manager
About Company
Patients at Mass General have access to a vast network of physicians, nearly all of whom are Harvard Medical School faculty and many of whom are leaders within their fields.