Vice President Accounting & Corporate Controller chez Connecticut Children's Medical Center
Connecticut Children's Medical Center · Hartford, États-Unis d'Amérique · Onsite
- Senior
- Bureau à Hartford
The Vice President of Accounting & Corporate Controller (VP) is a strategic and operational leader responsible for the oversight of the organization's controllership and treasury functions. This critical role encompasses a wide range of functions, including but not limited to the management of accounting processes, extensive financial reporting in accordance with GAAP, tax compliance, treasury and cash management, accounts payable, payroll, debt financing and compliance and related functions. The primary objective of the VP of Accounting/Controller is to ensure the health system’s financial health while maintaining strict adherence to regulatory standards and best practices. As a vital member of the health system's leadership team, the VP will work collaboratively with the Chief Financial Officer (CFO) and various department heads to foster an environment of financial integrity, provide essential financial insights and support decision-making processes.
Responsibilities
Financial Management:
- Lead the accounting department with authority and expertise, managing all accounting activities including the meticulous oversight of the general ledger, accounts payable, accounts receivable, payroll, and comprehensive financial reporting.
- Prepare and present accurate, detailed, and timely financial reports, including income statements, balance sheets, and cash flow statements.
- Regularly communicate with external stakeholders to ensure transparency and accountability in all financial dealings.
Compliance and Internal Controls:
- Ensure comprehensive compliance with all applicable laws, regulations, and established accounting principles (such as GAAP/IFRS), demonstrating a keen understanding of the complex regulatory environment in which healthcare operates.
- Develop and maintain robust internal control processes designed to safeguard the organization’s assets, ensuring the integrity and accuracy of all financial data.
Treasury and Cash Management:
- Oversee cash flow forecasting and liquidity management.
- Manage relationships with financial institutions and ensure compliance with financial covenants.
Tax and Regulatory Compliance:
- Ensure timely and accurate tax filings and compliance with federal, state, and local tax laws.
- Monitor tax regulations and provide planning guidance to mitigate risk and support organizational initiatives.
Audit-10%:
- Coordinate and manage internal and external audits and reviews meticulously, ensuring that the audit process is completed in a timely manner, without compromising the integrity of financial reporting.
Team Development and Leadership:
- Provide mentorship, guidance, and leadership to the accounting team, fostering a positive culture that emphasizes professional development, team collaboration, and continuous improvement in accounting practices.
- Coordinate and facilitate ongoing training and development programs for the accounting staff and enhancing their skills.
Qualifications
Education and/or Experience Required:
- Education: Bachelor’s in Accounting or Finance.
- Experience: 10+ years in progressive financial leadership roles.
Education and/or Experience Preferred:
- Education: Master’s in Business Administration, Accounting, Finance or Healthcare Administration preferred.
- Experience: 5 years in a healthcare environment, Children’s hospital or academic medical center experience strongly preferred.
License and/or Certification Required:
- CPA required.
Knowledge, Skills and Abilities:
Knowledge:
- Deep understanding of healthcare financial regulations.
- Familiarity with nonprofit accounting principles, IRS Form 990, and financial standards applicable to tax-exempt health systems.
- Knowledge of pediatric health system funding sources such as philanthropy, grants, and governmental subsidies.
- Proficiency in capital finance, bond markets, and debt structuring for healthcare organizations.
- Knowledge of ERP systems (e.g., Oracle), Kronos and QuickBooks.
Skills:
- Proficient communication, including presenting complex financial data to non-financial audiences.
- Data-driven decision-making and performance analysis, using KPIs and dashboards to monitor trends and operational efficiency.
- Change leadership and influence skills to drive financial transformation across multidisciplinary teams.
- Grant budgeting and post-award financial compliance (especially relevant in children’s hospitals receiving research or public health funding).
Abilities:
- Ability to manage ambiguity and complexity in a dynamic healthcare environment.
- Lead cross-functional teams and foster a culture of innovation, stewardship, and accountability.
- Prioritize competing demands and pivot strategies in response to market shifts or funding changes.
- Build trust and collaboration with clinical and operational leaders to support mission-driven decision-making.
- Translate financial forecasts and trends into actionable operational strategies.
- Sustain high performance under pressure, particularly in a health system setting where decisions may have life-impacting consequences.
