Additional Information About the Role Chief Accounting Officer for BJC Health System As a member of the BJC executive leadership team, the Chief Accounting Officer will direct the accounting and financial reporting for BJC HealthCare (24 hospitals 8 foundations and corporate Shared Services organization) system wide ($11B in net revenue). This leader will drive consistency, compliance, data integrity in all financial and accounting initiatives. They will partner with the system CFO, hospital/other healthcare service organization Presidents and leadership to develop and manage to short and long-term financial objectives. The Chief Accounting Officer has 5 Direct Reports, VP—Accounting; VP—Reimbursement; VP—Disbursements; Director of Finance ERP and Director of Finance—Foundations and Grants. Overview BJC HealthCare is one of the largest nonprofit health care organizations in the United States, delivering services to residents primarily in the greater St. Louis, southern Illinois and southeast Missouri regions. With net revenues of $6.3billion and more than 30,000 employees, BJC serves patients and their families in urban, suburban and rural communities through its 14hospitals and multiple community health locations. Services include inpatient and outpatient care, primary care, community health and wellness, workplace health, home health, community mental health, rehabilitation, long-term care and hospice. BJC is the largest provider of charity care, unreimbursed care and community benefits in the state of Missouri. BJC and its hospitals and health service organizations provide $785.9 million annually in community benefit. That includes $410.6 million in charity care and other financial assistance to patients to ensure medical care regardless of their ability to pay. In addition, BJC provides additional community benefits through commitments to research, emergency preparedness, regional health care safety net services, health literacy, community outreach and community health programs and regional economic development. BJC’s patients have access to the latest advances in medical science and technology through a formal affiliation between Barnes-Jewish Hospital and St. Louis Children’s Hospital with the renowned Washington University School of Medicine, which consistently ranks among the top medical schools in the country. Preferred Qualifications Role Purpose As a member of the BJC executive leadership team, the Chief Accounting Officer will direct the accounting and financial reporting for BJC HealthCare (24 hospitals 8 foundations and corporate Shared Services organization) system wide ($11B in net revenue). Drives consistency, compliance, data integrity in all financial and accounting initiatives. Partners with system CFO, hospital/other healthcare service organization Presidents and leadership to develop and manage to short and long-term financial objectives. The Chief Accounting Officer has 5 Direct Reports, VP—Accounting; VP—Reimbursement; VP—Disbursements; Director of Finance ERP and Director of Finance—Foundations and Grants. Essential Accountabilities Oversee the accounting for all of BJC Health System Includes coordination of the external audit of the System, as well as the critical access hospitals, retirement plans, captive insurance companies, and other audit services Produce monthly internal financial statements for management – ensure the integrity, accuracy and the timely preparation of financial statements Provide support for the tax team to ensure accurate information in all tax filings Provide staff support for the Audit and Finance & Planning committees of the BJC Board Work closely with Hospital and Corporate finance teams to support forecasting and budgeting based on the actual results Work closely with Washington University School of Medicine staff to manage and monitor all agreements, including the System Affiliation agreement Oversee revenue recognition for the System Ensure the revenue recognition and Accounts receivable reserves are appropriate Support the forecasting and budgeting process Oversee Government Reimbursement team Includes preparation of all applicable cost reports for Medicare, Medicaid and any other plans and appropriate recognition in the financial statements Identify reimbursement risks and opportunities based on new and changing CMS and Medicaid rules Support the forecasting and budgeting process as it relates to government reimbursement Oversee Disbursements team Includes Accounts payable and payroll processes – ensuring integrity and internal controls of payments Oversee the Finance support for the Foundations and the Uniform Guidance audit Produce monthly internal financial statements for management – ensure the integrity, accuracy and the timely preparation of financial statements Oversee the UG audit and BJC’s compliance with federal grants and financial implications of Foundation Grants Position Responsibilities Manages individual(s) including but not limited to: onboarding and hiring, training, workload management & performance evaluations, conducting professional development plans as needed. Ensures that the productivity and actions of that group meet/support the overall operational goals of the department as established by department leadership. Develops and adheres to departmental staffing, revenue and/or expense budgets. Responds to changes in the business which may affect the ability to achieve the budget goals. System oversight of financial reporting and accounting: Direct system wide activities of staff responsible for monthly internal accounting and financial reporting and the annual external audit processes for the hospitals and other service organizations, promoting standardization and efficiency across the enterprise. Includes balance sheet reconciliations and income statement variance analysis to ensure timely and accurate financial statements to internal and external stakeholders. Oversee the revenue recognition on a monthly basis to ensure accuracy of financial statements. Oversee the accounting and compliance for WUSM agreements and the master affiliation agreement Oversee the financial operations and/or BJC’s financial interest in BJC’s various joint ventures). Support BJCs tax compliance team. Oversee the grants management office to ensure BJC’s compliance with Federal Uniform Guidance requirements and other non-federal grants. Serve on various committees as the BJC Corporate Finance Representative and service on various internal committees as needed on ad hoc basis. BJC has determined this is a safety-sensitive position. The ability to work in a constant state of alertness and in a safe manner is an essential function of this job. Position Requirements The Chief Accounting Officer will have the following combination of skills and experience:
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