Department: Accounting Services

Position is located: Cianchette Professional Blding

Work Type: Full Time

Hours Per Week: 40.00

Work Schedule: 8:00 AM to 4:30 PM

Summary:

This position is responsible for coordinating and managing the day to day financial accounting, accounts payable, treasury operations and financial reporting for several affiliates and joint ventures of Northern Light Health Systems. The DFS will work closely with the ASC to support the accounting and finance needs of the organization, to maintain effective internal controls, and to proactively participate in developing better information technology to better provide financial services to the organization. To be successful, the individual in this position must be: an effective manager of people, processes and situations; knowledgeable of financial reporting standards issued by the Financial Accounting Standards Board, American Institute of Certified Public Accountants, and other regulatory agencies; able to continually demonstrate a thorough understanding of accounting theory, financial and treasury operations, and the maintenance of effective internal controls; responsible, reliable and attentive to providing accurate and timely information; a role model in the delivery of services that are deemed to be superior in the eyes of the customers.

Responsibilities:

• Provide financial interpretation of critical data to the ASC.
• Ensure the timely and accurate distribution / filing of financial information to internal customers / external organizations.
• Perform monthly and/or quarterly review of financial statements and highlight memos.
• Develop standardized reporting structures to maintain consistency in financial reporting across all Northern Light Health entities.
• Furnish internal reports; revise and update reports to be more useful and efficient; and furnish external reports as necessary.
• Develop and periodically review accounting policies and procedures to ensure consistency and control.
• Demonstrate an extensive knowledge of generally accepted accounting principles
• Coordinate and assist with external audits. Oversight of Accounting, Treasury, and Financial Operations
• Provide management oversight to the Accounting, Accounts Payable, and treasury departments and functions for the companies assigned.
• Organize, direct and control the work of the accounting personnel in collecting, summarizing and interpreting financial data.
• Closely oversee the performance of Managers in these areas.
• Assist with the coordination of year-end tax reporting.
• Work closely with ASC in planning and development of budgets and forecasts; institute and maintain other planning and control procedures; and analyze the report variances.
• Perform other financial analysis functions as necessary.
• Monitor corporate treasury issues and prepare recommendations for improvements in the investment program and performance reporting.
• Maintain the company's system of accounts and keep books and record on all company transactions and assets.
• Streamline current business practices including the expanded use of existing, or future, technologies.
• Implement, maintain, and enhance automated procedures which reduce operating costs, promote efficiency, and/or provide better service to users. Establishing and Maintaining Effective Internal Controls
• Maintain effective and efficient internal controls throughout the various accounting processes and systems within the organization
• Assist the ASC with accomplishing system-wide financial goals and objectives
• Conduct research and formulate recommendations related to new business possibilities.
• Perform feasibility studies, prepare proformas and develop recommendations for capitalizing new ventures.
• Provides consultation and representation to senior management on financial issues, to include financial analysis and projections, cost identification and allocation, and revenue and expense analysis.
• Assist with long-term financial planning to include review of cash flow requirements, capital financing issues and the development of financing alternatives.
• Coordinate and cooperate with the Process Analyst and Financial Systems Analyst to complete fiscal projects involving information systems and process improvements. Staff Development / Professional Development
• Oversee the supervisionand management of personnel, which includes work allocation, training, and problem resolution in accordance with corporate policy.
• Evaluate performance (at least annually) and make recommendations for personnel actions.
• Motivates employees to achieve peak productivity and performance.
• Facilitate productive staff meetings at least once per month.
• Mentor managers and supervisors while facilitating a succession planning process.
• Attend local, regional and national conferences/seminars to remain current in the field of this position.
• Be an active member in the local HFMA chapter
• Uphold and enhance the professional image of the Financial Services Department as a competent and reliable provider of financial services.
• Perform other duties as assigned

Other Information:

Competencies and Skills

• Behaves with Integrity and Builds Trust: Acts consistently in line with the core values, commitments and rules of conduct. Leads by example and tells the truth. Does what they say they will, when and how they say they will, or communicates an alternate plan.
• Cultivates Respect: Treats others fairly, embraces and values differences, and contributes to a culture of belonging, empowerment, and cooperation.
• Demonstrates Emotional Intelligence: Exhibits a high level of self-awareness, self-management, other awareness and relationship management. Conducts themselves in an empathic, appropriate way, with a sense of humor and stimulates a collaborative work environment. Is respectful of the attitudes, feelings, or circumstances of others and aware of the influence of their own behavior on them. Is aware of relevant social, political, system, and professional trends and developments and uses this information for the organization's benefit.
• Develops Self and Others:Takes responsibility for engaging in professional self-development activities and programs. Strives to gain insight into their own values, strengths and weaknesses, interests and ambitions and takes action in order to enhance competencies and skills when possible. As a leader, encourages and guides employees towards growth opportunities to enhance performance and help them reach goals. Reviews and analyzes employees' strengths and weaknesses to distinguish their talents and development needs, and to ensure they are enhanced appropriately.
• Exercises Sound Judgment & Decision Making: Understands and processes complex information, which allows for appropriate and accountable conclusions. Does not react too quickly or slowly. Balances facts, goals, and potential approaches taking the appropriate criteria into account. Makes active decisions and commits oneself by communicating confidently and respectfully.
• Fosters Accountability: Creates and participates in a work environment where people hold themselves and others accountable for processes, results and behaviors. Takes appropriate ownership not only of successes but also mistakes and works to correct them in a timely manner. Demonstrates understanding that we all work as a team and the quality and timeliness of work impacts everyone involved.
• Practices Compassion: Exhibits genuine care for people and is available and ready to help; displays a deep awareness of and strong willingness to relieve the suffering of others.
• Resolves Conflict: Promptly acts to find alternatives/solutions when team members disagree. Addresses issues in a direct, honest, and appropriate manner. Handles conflicting interests diplomatically and helps to solve them. Transforms difficult situations into teachable moments using respect and accountability.

Education

• Required bachelor's degree

Working Conditions

• Work with computers, typing, reading or writing.
• Lifting, moving and loading 20 to 30 pounds.
• Prolonged periods of sitting.
• Prolonged periods of standing.
• Prolonged periods of walking.

Questions? Contact Talent Acquisition:

email: [email protected]

Brewer, Maine, Corporate Office, Cianchette, Foundation, Finance, Human Resources, Legal Services