Job Description:

This position prepares accurate and timely financial statements and reports for internal (e.g., senior management, Board of Trustees, Finance Committee) and external users (e.g., rating agencies, bond investors, general public); leads and manages the audits of the employee benefit plans; ensures the accuracy of statistics included in internal and external reporting; assists with the monthly general ledger closing process; assists with the quarterly and annual financial close process and the quarterly reviews and annual audit of the financial statements of Intermountain Health Care, Inc. and affiliated companies (Intermountain); reviews and provides comments on the financial statements of subsidiary audits; assists with providing technical accounting guidance to Finance and Accounting personnel; provides analysis and support for technical accounting areas; participates in the implementation and application of new accounting standards; and participates in job-related internal control initiatives and system-wide projects.

Job Description

This is a system-wide leadership role that interfaces with all levels of Intermountain management including members of the Executive Leadership Team, senior management, vice presidents, chief financial officers, finance executive directors, and facility managers. The position also interfaces with Intermountain's Internal Audit Department, Legal Department, and external financial auditors. This position reports directly to the Senior Accounting Director – Financial Reporting and directly supervises an Accountant Consultant over statistical reporting.

Job Essentials

Prepares accurate and timely financial statements and reports for internal and external users, including statistical reports and metrics.

Assists with the preparation of consolidating schedules for senior leadership and to meet the needs of rating agencies, bond investors and the general public. Prepares monthly financial statements for management.

Assists with the preparation of quarterly and periodic financial statements for the Board of Trustees/Directors, the Finance Committee of the Board, regional boards, bond investors, and rating agencies.

Assists with the preparation of annual audited statements and related disclosures in accordance with U.S. Generally Accepted Accounting Principles (GAAP) in consultation with the [Financial Reporting Leader]; [Assistant Controller]; Vice President, Accounting Services; Vice President, Finance Services; Executive Vice President/CFO, and external auditors. The annual audited financial statements have a wide distribution and visibility, including the following: the Board of Trustees, the Finance Committee, the Audit and Compliance Committee, external rating agencies, bond investors, banking institutions, and the general public (via the Municipal Securities Rulemaking Board's EMMA website).

Prepares financial statements for and coordinates the preparation of statistical and charity reports for inclusion in Intermountain's Annual Report.

Manages the external audit of the employee benefit plans, including the preparation of the financial statements and supporting schedules for the external auditors.

Prepares or reviews financial information requested by the U.S. Census Bureau.

Assists with the reviews of the Net Operating Income Report and EBIDA Report and variance reporting submitted by facilities to verify that significant variances are understood before the final month-end close occurs.

Assists with creation of regional graphs and other materials for the regional leadership teams.

Assists with creation of graphs and other materials to clearly communicate the variances to senior leadership during month-end close calls.

Assists with the quarterly and annual financial close process and the quarterly reviews and annual audits of financial statements of Intermountain and its affiliated companies conducted by the external auditors. Generate and review supporting schedules and information for the external auditors, including the disclosure checklists.

Reviews or assists with the review of all financial statements included in board reporting or audited financial statements to ensure the accuracy of the reported numbers and consistency across Intermountain.

Participate in and support any additional bond offerings, including preparing or reviewing the underlying tie-outs.

Oversees the opening balance sheet audits of acquired entities.

Assist with calculating the gain/loss on the disposition of entities.

Partners with external auditors to resolve technical accounting issues.

Communicates auditor requests for client prepared schedules and the schedules.

Prepares and reviews presentation materials (e.g., management's discussion and analysis, PowerPoint presentations, other communications) for the Board of Trustees, the Finance Committee, and the Audit and Compliance Committee quarterly.

Prepares and reviews board and presentation materials for regional boards or for the presentation of operational leaders.

Provides technical accounting guidance to Finance and Accounting personnel, including the researching of technical accounting issues and drafting of technical accounting memos.

Educates Finance and Accounting personnel in applying accounting principles.

Stays abreast of current accounting developments and standards and ensures that Intermountain is at the leading edge of compliance with accounting standards.

Trains Accounting and affected Finance personnel on new accounting developments and standards. Prepares personnel to implement new standards when they take effect. Assists with the adoption and implementation of the new standard, where applicable.

Understands Intermountain's Accounting policies and procedures. Review existing policies and procedures, as applicable. Proposes new policies, procedures, and updates to these documents, as appropriate.

Assesses and analyzes risks in accounting and other financial systems. Develops, coordinates, recommends and implements appropriate solutions to manage identified risks. Suggests automation solutions to increase efficiency without increasing risk.

Supports a strong internal control environment by promoting control consciousness among personnel through policies and procedures, monitoring activities, and training.

Assists in the reviews of accounting for reserves in various areas (e.g., allowance for doubtful accounts, third-party contractual allowances and settlement liabilities, incurred but not reported medical claims, malpractice and workers' compensation self-insurance liabilities).

Leads or participates in internal control initiatives.

Helps develop internal control policies and procedures for financial systems, as assigned.

Works with [Assistant Controller]; Vice President, Accounting Services; Vice President, Finance Services; Executive Vice President/CFO; external auditors; and Internal Audit in assessing and addressing risk issues related to financial reporting.

Authors and updates the content of applicable accounting policies and procedures published in the policies and procedures repository.

Assists with Financial Reporting Control (FRC) efforts to test, review, and improve financial reporting controls with the accounting group.

Manages and monitors all accounting activity and variances.

Minimum Qualifications

Master's in Accounting or a business field. Education must be obtained through an accredited institution. Degree will be verified Licensed Certified Public Accountant

Seven years of professional accounting experience

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Three years of direct supervisory or management experience of staff

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Demonstrated leadership abilities in a team environment working collaboratively with others

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Experience in a role requiring self-directed outcomes while working with limited direct supervision

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Experience in a role requiring demonstrated attention to detail with excellent organizational and analytical skills. Flexible and adaptable to change

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Effective verbal, written, and interpersonal communication skills with experience communicating across all levels of an organization

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Experience using word processing, spreadsheet, internet, and e-mail applications

Preferred Qualifications

Four years of experience with a CPA firm with strong experience in preparing audited financial statements in accordance with U.S. GAAP

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Experience with nonprofit healthcare accounting and financial reporting

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Experience with business combinations (acquisitions, mergers, etc.) accounting and financial reporting - and –

Demonstrated experience managing an Accounting Department with accountability for department outcomes

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Working knowledge of how to query and mine data using databases

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Working knowledge of Intermountain's accounting information systems and financial processes

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General understanding of nonprofit accounting principles and reporting requirements

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Physical Requirements:

Location:

Key Bank Tower

Work City:

Salt Lake City

Work State:

Utah

Scheduled Weekly Hours:

40

The hourly range for this position is listed below. Actual hourly rate dependent upon experience.

$65.10 - $100.50

We care about your well-being – mind, body, and spirit – which is why we provide our caregivers a generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged. Learn more about our comprehensive benefits package and our commitment to diversity, equity, and inclusion .