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Manager of Accounting

3 months ago

Iowa City, United States The University Of Iowa Full time

The University of Iowa Health Care's Finance and Accounting Services department is seeking a Manager of Accounting & Financial Analysis to help support the accounting and financial reporting demands of the Downtown Campus by performing a wide array of duties to champion sound financial management and best practices designed to advance the mission, drive strategic decisions, and ensure compliance with internal and external regulations. The position will dually report to the Director of Accounting, Finance & Accounting Services (FAS) and indirectly to the Downtown Campus Chief Administrative Officer (CAO). The position will play a pivotal role in preparing and developing recommendations for the campus' annual operating and capital budgets, overseeing key day-to-day accounting and finance functions, preparing financial reports and summarizing key takeaways, partnering with cross-functional teams to promote effective and efficient operations, and training/educating staff in utilization of financial information and day-to-day financial operations of the Downtown Campus.

This position is eligible for hybrid work within Iowa and will require a work arrangement form to be completed upon the start of your employment. Per policy, work arrangements will be reviewed annually, and must comply with the remote work program and related policies and employee travel policy when working at a remote location.

Position Responsibilities:

•Provide financial oversight for key accounting and finance functions for the Downtown Campus with supervision from the Director of Accounting and Chief Administrative Officer. Duties include but are not limited to:

  • Serving as the primary expert to support department, management, and senior management decision-making by preparing financial analyses of existing and new projects, making recommendations based on analytical findings, implementing financial or operational adjustments, and developing and implementing training and educational programs
  • Supporting the preparation of audited financial statements and cost report by coordinating monthly and year-end accounting close processes, including responding to the needs of FAS Directors as well as internal and external auditors
  • Contributing to financial initiatives and effectiveness by establishing and maintaining strong relationships and communication channels with FAS and operational teams to support the preparation of annual operating and capital budgets, recommending options and courses of action, and implementing directives
  • Timely and accurate preparation of various monthly, quarterly, and annual financial and operational reports
  • Performing monthly reconciliations for various Downtown Campus accounts, assets, and liabilities
  • Analyzing monthly actual versus budget results, summarizing key preliminary variances within 3 business days of the end of each month, and developing action plans to address significant variances
  • Compiling and reporting key weekly statistics such as clinic visits, occupancy, operating room volumes, observation visits, utilization, and productivity
  • Preparing recommendations for new general ledger account setups to integrate new services to the Downtown Campus financial reporting structure
  • Serving as an expert on key revenue cycle processes to facilitate the production of Epic-related infrastructure such as bill areas and cost centers that integrate into the general ledger
  • Serving as an expert on key procurement cycle functions to promote timely, cost-effective, efficient ordering of goods and services with accurate general ledger coding
  • Serving as an expert on key personnel expense processes to facilitate FTE requests, time and attendance system programming to route costs to correct general ledger accounts, and promote responsible stewardship of financial resources
  • Collaborating with key stakeholders to facilitate monthly and year-end accounting close processes, including the preparation of journal entries
  • Gathering and manipulating raw data from multiple sources for ad-hoc analyses
  • Overseeing physical supply and drug inventory counts and valuations to ensure assets and expenses are accurately recorded in the general ledger every month
  • Reviewing and approving various forms and reports to ensure appropriate general ledger coding such as HR appointments and change of statuses, purchase requisitions, eVouchers, procurement cards, and Transaction Detail Reports as well as submitting corrections via general ledger feeder applications to rectify errors
  • Assisting with analysis, interpretation, and implementation of accounting processes to comply with relevant Governmental Accounting Standards Board (GASB) pronouncements and other authoritative sources of generally accepted accounting principles (GAAP)
  • Providing guidance to end users of financial reporting applications as well as accounting policies and procedures
  • Assisting with the development and testing of new general ledger and financial reporting tools
  • Fostering strong relationships with key stakeholders and cross-functional teams across the organization
  • Contributing new ideas and seeking ways to improve existing processes
Required
  • Bachelor's degree or equivalent amount of education and experience
  • 5+ years of progressive responsibilities in professional finance and accounting roles
  • Self-motivated with a passion for continuous learning and a desire to take on tough and challenging projects
  • Superb time management skills and the ability to multi-task and work in a fast-paced environment
  • Strong attention to detail and demonstrated ability to perform complex financial analyses
  • Demonstrated ability to filter through ambiguity while executing the details of tasks under tight deadlines
  • Demonstrated ability to work independently and in conjunction with cross-functional teams
  • Excellent written and verbal communication skills
  • Ability to think critically and creatively when working with data.
  • Demonstrated proficiency with Microsoft software applications including Excel, PowerPoint, Outlook, and Word
  • Demonstrated experience working effectively in a welcoming and respectful workplace environment
  • Leadership skills to establish and maintain strong communication channels to orchestrate the efforts of a high-performing team and promote a positive environment to lead, mentor, and retain a productive team
Desired
  • Certified Public Accountant license
  • Experience managing and leading high-performing teams
  • Knowledge of University of Iowa accounting principles, internal controls, and information systems
  • Strong understanding of United States Generally Accepted Accounting Principles
  • Experience in health care finance and accounting. Preference is given to a background in an academic setting.
  • Demonstrated ability to transform data into useful information tailored to leadership needs through storytelling and data visualizations
  • Experience with relational databases, structured query language (SQL), Tableau, PowerBI
  • Experience in identifying opportunities for operational improvement and using creative efforts to bring about solutions.

Application Process: To be considered, applicants must upload a cover letter and resume (under the submission of relevant materials) that clearly address how they meet the listed required and desired qualifications of this position. Job openings are posted for a minimum of 14 calendar days. Successful candidates will be required to self-disclose any conviction history and will be subject to a criminal background check and credential/education verification.

Up to 5 professional references will be requested at a later step in the recruitment process. For questions, contact Sharon Walther at sharon-walther@uiowa.edu.

This position is not eligible for University sponsorship for employment authorization.