Community Health Systems, Inc. is one of the nation’s leading operators of general acute care hospitals. The organization’s affiliates own, operate or lease 137 hospitals in 21 states with approximately 22,000 licensed beds. Affiliated hospitals are dedicated to providing quality healthcare for local residents and contribute to the economic development of their communities. Based on the unique needs of each community served, these hospitals offer a wide range of diagnostic, medical and surgical services in inpatient and outpatient settings.
CHSPSC, LLC seeks an Director, Financial Reporting for its Franklin, TN, headquarters’ Corporate Accounting team.
This position will have responsibilities in many areas such as quarterly financial reporting,accounting for real estate and equipment leases, accounts receivables allowance analysis and relatedallowance roll forward, acquisition and divestiture accounting, debt modification /extinguishmentaccounting, and other miscellaneous accounting issues. The position reports to the Vice President ofFinancial Reporting.
Essential Duties and Responsibilities
•Assist with the preparation and compilation of all externalfinancialreports and information filings in accordance with generally accepted accounting principles (GAAP) and SECreporting requirements, including:
•The annualfinancialreport (Form 1 0-K) and proxy statement;
•Quarterlyfinancialreports (Form 1 0-Q);
•Other non-routine (Form8-K, S-3, S-8, etc.) filings with the SEC, including oversight of accounting andreporting requirements for private and public debt orequity financing transactions
•Review of XBRL coding in the above, as applicable, for proper form and content
•Reviewschedules prepared byothers in thefinancialreporting department to support disclosuresin the 1 0-Q and 1 0-K
•Conduct research of technical accounting and SEC regulatoryreporting matters;
•Maintain an understanding of current and pending accounting andreporting issues througheducation and review of ASB and SEC pronouncements and interpretative guidance
•Oversight oflease accounting, including review of the proper accounting for real estate andequipmentleases, preparing footnote disclosure and implementation of the newlease accounting standard
•Oversight and review of acquisition and related purchase accounting activity, including analysis of goodwill
•Responsible for divestiture accounting and related gain/loss ondisposal analyses
•Oversight and review of quarterly accounts receivable securitizationfinancial statements
•Performing accounts receivables and allowance for doubtful accounts analysis and related roll forward
•Preparation of calculations and analyses of any debt modification or extinguishment
•Assist with coordination of externalaudit activities, including the annualaudit and quarterly reviews offinancialreports andother information;
•Completeother projects as directed by senior management, including:
•Implementation of new accounting and disclosure rules;
•Analysis of proper accounting for new or unusual transactions;
•Evaluation ofinternal controls overfinancialreporting in coordination withinternal and externalaudit•Otherspecial projects, as assigned.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.The requirements listed below are representative of the knowledge, skill, and/or ability required.
Technical Accounting and Reasoning skills:
The preferred candidate should have the ability to define problems, collect data, establish facts, and draw valid conclusions in various accounting, reporting, internal control and governance issues. Having extensive experience with researching and applying technical accounting and reporting standards asrequired by GAAP and SEC rules and regulations is a required skill that should be demonstrated with relevant experience.
To perform this job successfully, an individual should have knowledge of Word Processing software; Spreadsheet software and basic general ledger/ERP systems.
•Bachelor's degree in Accounting required. Master's in Accounting or Business Administration preferred, but not a requirement based on relevant work experience.
•Eight (8) to Ten (1 0) years relevant experience in accounting I financial reporting, with experience at the manager level or above at a Big Four public accounting firm preferable.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Certificates and Licenses:
•Active CPA required
•Supervise and review work for a team of three to four individuals.