Vice President & Controller Corporate Accounting

Nationwide Children's Hospital - Columbus, OH

Full-time - Executive

Columbus, OH

10,001+ employees

Ambulatory Health Care Services

About the position

The Vice President & Controller of Corporate Accounting oversees the enterprise-wide accounting and controllership functions at Nationwide Children's Hospital. This role is pivotal in fostering a partnership mindset within the department, focusing on proactive solutions and actionable insights derived from financial data and operational metrics. The position involves managing a robust team of professionals to ensure accurate financial reporting and compliance with healthcare regulations, while also driving technological advancements within the accounting department.

Responsibilities

• Focus on relevant financial and operating metrics.
• Manage restricted funds to ensure assets are appropriately retained, released, and reported.
• Ensure accurate reporting of all subsidiaries.
• Oversee the accuracy and timeliness of financial reporting.
• Manage day-to-day accounting operations and create an effective organizational structure.
• Direct accounting-related operations including accounts receivable, reconciliations, and service contracts.
• Establish and oversee accounting practices and policies, internal control framework, spend controls, and financial audits.
• Review and evaluate transactions to determine appropriate treatment and compliance with written policies and procedures.
• Determine account valuations while reconciling balance sheet accounts and propose adjustments.
• Ensure that bank activity/transactions are properly posted to the general ledger and bank accounts are reconciled.
• Lead efforts to drive technological advancements within the department, including the implementation of new systems.
• Manage patient care net revenue estimation, Medicare/Medicaid cost reports, and chargemaster strategy.
• Ensure accurate fund flow between the hospital and Partners for Kids and oversee timely invoice payments through the ERP system and ACH tools.
• Oversee all financial audits, ensuring compliance with healthcare regulations.
• Prepare department for compliance reviews and audits.
• Coordinate audits, stay updated on regulatory changes, and implement policies to mitigate risks.
• Provide financial and analytical support to organization-wide strategic initiatives; represent the accounting and controllership functions.
• Actively participate on committees as necessary and advance initiatives as directed.

Requirements

• Proven experience in accounting and financial management, preferably in a healthcare setting.
• Strong leadership skills with the ability to coach and empower a team.
• In-depth knowledge of financial reporting and compliance regulations.
• Experience with financial audits and internal control frameworks.
• Ability to analyze financial data and provide actionable insights.
• Strong communication and interpersonal skills to collaborate with various stakeholders.

Nice-to-haves

• Experience with ERP systems and technological advancements in accounting processes.
• Familiarity with Medicare/Medicaid regulations and financial reporting requirements in healthcare.

Benefits

• Comprehensive health insurance coverage.
• 401(k) retirement savings plan with employer matching.
• Paid time off and holidays.
• Professional development opportunities.
• Diversity, Equity, and Inclusion programs.