Frye Regional Medical Center - Statesville, NC
posted 3 months ago
The Assistant CFO (ACFO) at Frye Regional Medical Center plays a crucial role as a member of the Executive Leadership Team, directly supporting the Chief Financial Officer (CFO) in safeguarding the hospital's assets. This position is responsible for ensuring that the financial statements, including the books and records, are prepared and maintained in accordance with Generally Accepted Accounting Principles (GAAP). The ACFO oversees the operations of the Accounting/Finance Department, which includes the preparation of financial statements, maintenance and accuracy of the general ledger, internal audits, SOX controls, accounts payable, balance sheet reconciliations, and budget preparation. In this role, the ACFO implements and adheres to regulatory, GAAP, and other changes that affect the accounting cycle, providing timely and effective service to both internal and external customers. The position ensures compliance with company financial and accounting policies and procedures, while also ensuring that internal controls are effective in both design and operation. This includes routine monitoring of controls to maintain the integrity of financial reporting. The ACFO is tasked with ensuring that monthly close deadlines are met, maintaining account reconciliation and supporting documentation for all activities, performing account analysis, and preparing various financial packages as requested, such as cost reports and tax documents. Additionally, the ACFO assists in identifying and independently assessing financial risks, establishing and monitoring mitigation plans, and communicating financial risks and opportunities to the regional CFO and hospital CEO. The role also involves monitoring financial performance and maintaining reasonable and appropriate financial plans and forecasts, contributing to the overall financial health of Frye Regional Medical Center.