Sinai Health System
Position Purpose
The Account Manager assists in the corporate controller of Sinai Chicago. This position will support the Controller in all corporate accounting operations, including financial close process, internal and external reporting, detailed financial analyses and integration of new accounting standards. The Accounting Manager will work closely with the FP&A team to build systems and processes to ensure accurate and timely collection of financial data to eventually drive toward a recapitalization process and external reporting. Key Job Activities
Oversee the preparation of consolidated financial statements and assigned entity financial statements in accordance with GAAP and regulatory requirements Manage general ledger accounting, account reconciliation, and balance sheet reconciliation processes Conduct cash flow analysis, bank reconciliations, and financial report interpretation for senior management Prepare detailed financial reports and assist in budgeting, forecasting, and financial analysis activities Co-Lead external audits and tax preparation for all entities Maintain accurate journal entries Mentor and develop accounting staff to enhance team performance and professional growth Support tax preparation activities and ensure adherence to tax laws and regulations Implement process improvements for efficiency in financial management tasks Assists in development, implementation and maintenance of accounting policies and procedures required to safeguard the system’s assets. Develops, implements, and maintains effective internal controls and management information systems within the organization. Issues internal and external financial reports in order to provide management, the Board of Directors, the regulatory bodies, and the rating agencies with a precise review of the system’s financial position. Reviews all financial statements to ensure accurate and timely reporting of financial condition of all entities. Interacts with department heads and administration to provide information and assistance regarding individual departmental financial concerns. Interprets the rulings by the federal, state, and local laws and regulations of all other financial reporting requirements imposed by various regulatory agencies including FASB to insure recognition and administration. Acts as a resource for the Accounting Department; performs timely performance evaluations, sets clear expectations and measurable performance goals. Recommends training requirements; keeps the staff at the highest level of skill necessary to meet the SHS’ needs and objectives. Prepare Community Benefits filing with IL Attorney General and Schedule H for Form 990 Ensure compliance with Debt and investments requirements Performs other duties as assigned. Education and Work Experience
Bachelor’s degree in Accounting, Finance, or related field Minimum of 10 years of progressive experience in corporate or non-profit accounting environments Extensive knowledge of GAAP, accrual accounting, technical accounting standards, and regulatory reporting requirements Proven excellence with financial software such as or and other ERP systems preferred; proficiency in Microsoft Excel is essential Strong understanding of financial concepts including debits & credits, journal entries, account analysis, and balance sheet reconciliation Demonstrated ability to mentor team members and lead complex projects effectively The successful candidate will possess excellent analytical skills combined with strong communication abilities to interpret complex financial data clearly. Previous experience in a fast-paced, continually changing/growing environment Knowledge and Skills
Knowledge of healthcare or non-profit accounting preferred Strong organizational and planning skills Strong knowledge of Microsoft Excel required Willingness and eagerness to learn and take on new tasks Self-Starter Dependable to consistently deliver accurate and timely results Excellent time management skills to meet deadlines and multitask Problem solving as challenges arise Strong communication and customer service skills Action-oriented and eager to embrace opportunities and challenges with a sense of urgency and enthusiasm Provide support and guidance to non-accounting staff in a manner that is understandable and actionable
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The Account Manager assists in the corporate controller of Sinai Chicago. This position will support the Controller in all corporate accounting operations, including financial close process, internal and external reporting, detailed financial analyses and integration of new accounting standards. The Accounting Manager will work closely with the FP&A team to build systems and processes to ensure accurate and timely collection of financial data to eventually drive toward a recapitalization process and external reporting. Key Job Activities
Oversee the preparation of consolidated financial statements and assigned entity financial statements in accordance with GAAP and regulatory requirements Manage general ledger accounting, account reconciliation, and balance sheet reconciliation processes Conduct cash flow analysis, bank reconciliations, and financial report interpretation for senior management Prepare detailed financial reports and assist in budgeting, forecasting, and financial analysis activities Co-Lead external audits and tax preparation for all entities Maintain accurate journal entries Mentor and develop accounting staff to enhance team performance and professional growth Support tax preparation activities and ensure adherence to tax laws and regulations Implement process improvements for efficiency in financial management tasks Assists in development, implementation and maintenance of accounting policies and procedures required to safeguard the system’s assets. Develops, implements, and maintains effective internal controls and management information systems within the organization. Issues internal and external financial reports in order to provide management, the Board of Directors, the regulatory bodies, and the rating agencies with a precise review of the system’s financial position. Reviews all financial statements to ensure accurate and timely reporting of financial condition of all entities. Interacts with department heads and administration to provide information and assistance regarding individual departmental financial concerns. Interprets the rulings by the federal, state, and local laws and regulations of all other financial reporting requirements imposed by various regulatory agencies including FASB to insure recognition and administration. Acts as a resource for the Accounting Department; performs timely performance evaluations, sets clear expectations and measurable performance goals. Recommends training requirements; keeps the staff at the highest level of skill necessary to meet the SHS’ needs and objectives. Prepare Community Benefits filing with IL Attorney General and Schedule H for Form 990 Ensure compliance with Debt and investments requirements Performs other duties as assigned. Education and Work Experience
Bachelor’s degree in Accounting, Finance, or related field Minimum of 10 years of progressive experience in corporate or non-profit accounting environments Extensive knowledge of GAAP, accrual accounting, technical accounting standards, and regulatory reporting requirements Proven excellence with financial software such as or and other ERP systems preferred; proficiency in Microsoft Excel is essential Strong understanding of financial concepts including debits & credits, journal entries, account analysis, and balance sheet reconciliation Demonstrated ability to mentor team members and lead complex projects effectively The successful candidate will possess excellent analytical skills combined with strong communication abilities to interpret complex financial data clearly. Previous experience in a fast-paced, continually changing/growing environment Knowledge and Skills
Knowledge of healthcare or non-profit accounting preferred Strong organizational and planning skills Strong knowledge of Microsoft Excel required Willingness and eagerness to learn and take on new tasks Self-Starter Dependable to consistently deliver accurate and timely results Excellent time management skills to meet deadlines and multitask Problem solving as challenges arise Strong communication and customer service skills Action-oriented and eager to embrace opportunities and challenges with a sense of urgency and enthusiasm Provide support and guidance to non-accounting staff in a manner that is understandable and actionable
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