Asst. Vice President, Accounting Operations

Company: Wellstar Health System, Inc.
Location: Marietta
Posted on: April 16, 2024

Job Description:

Facility: 1800 Parkway Center
OverviewThe Assistant Vice President (AVP) of Accounting Operations is a part of the overall health system financial department and reports directly to the Vice President (VP) of Accounting of the Health System. Responsible for directing and overseeing the accounting operations functions of the health system which includes but not limited to: Accounts Payable, Payroll, Treasury Management and Miscellaneous Billing activities These functions include establishing and maintaining, in accordance with generally accepted accounting principles (GAAP), accounting principles, practices, procedures and the organizational initiatives. Further, the job is responsible for maintaining and improving the internal control environment of the health system for the accounting operations functions, in collaboration with the VP Accounting and Chief Internal Audit Officer and other health system financial leaders. This position will assist the VP Accounting with commercial bankers and investment bankers. This position is a key point of contact for senior system finance management, facility finance management and leadership across WellStar at all levels. The AVP will oversee the accounts payable, payroll and treasury functions of the Health System and lead and support the teams through maintaining and enhancing processes within the department and across the organizations procure to pay process, hire to pay process and maintenance of banking, wire processing and purchasing card administration for the health system. The position will be responsible for maintaining processes and internal controls surrounding all miscellaneous billing and accounting recognition. This position requires a comprehensive understanding of the complex accounting principles. In addition, this position will require strong relationship skills, as well as teaching, mentoring and leadership skills for the entire accounting function. The position will directly supervise the Executive Director of Payroll, Director of Accounts Payable, Director of Treasury and Miscellaneous Billing Coordinator.The AVP of Accounting Operations will serve on the Corporate Finance leadership team and provide input into performance improvement opportunities. Along with the EVP and CFO and the VP of Accounting, the AVP Accounting Operations will assist in presenting information to the senior management team, Audit Committee, Finance Committee and Board of Directors as necessary.ResponsibilitiesCore Responsibilites and Essential Functions Develops, leads and oversees all tasks necessary to accomplish WellStar Health System shared service payroll processing objectives for 20,000+ team membersa.Lead development of corporate payroll strategy, planning, communications and marketing of the payroll function and related services.b.Responsible for ensuring effective internal controls, policies and procedures for payroll function are designed, implemented and operating effectivelyc.Sets annual goals of payroll team to align with organization goalsd.Maintains relationships with internal and external auditors and state and federal agenciese.Serve as key liaison between the Human Resources and Payroll to maintain accurate employee payroll informationf.Advises, recommends and interprets federal and state laws to ensure WellStar Health System maintains appropriate policies and procedures surrounding the processing and reporting of payroll related mattersg.Monthly payroll metric development monitoring and reporting to organizational leadership h.The service provided by the payroll functions in support of the operating activities of the health system meet and exceed the expectations of their internal customers.i.Oversee technology upgrades and enhancements. Develops, leads and oversees all tasks necessary to accomplish WellStar Health System shared service accounts payable matters including: a.Lead development of corporate accounts payable strategy, planning, communications and marketing of the A/P function and related services b.Responsible for ensuring effective internal controls, policies and procedures for accounts payable function are designed, implemented and operating effectivelyc.Sets annual goals of accounts payable team to align with organization goalsd.Serve as key liaison between the Accounts Payable and Supply Chain departments to maintain accurate procure to pay data and processese.Maintain and enhance the procure to pay internal controls, processes and proceduresf.Support the organization in development and education of applicable training on payment processes g.Monthly reviews of accounts payable performance and opportunities for improvementh.Oversee technology upgrades and enhancements. Develops leads and oversees all miscellaneous billing functions to accomplish the Wellstar Health System shared service miscellaneous billing functionn including: a.Lead development of miscellaneous billing strategy, processes and proceduresb.Oversee all miscellaneous billing coordinator activities.c.Maintain and enhance internal controlsd.Develop monthly monitoring and metric reporting to health system leadership 2. Assists in development and leading of treasury matters including banking strategies, overnight cash management and banking relationshipsa.The supervision and review of health system Director, Cash and Investments.b.Leadership on the health system's banking and merchant relationship.c.Monthly reviews of the investment results with external investment advisors.d.Review and assessment of investment advisor recommendations regarding changes in investment policy, investment managers or custodial relationships.e.Cash flow projections and cash management.f.Oversight of PCI compliance and reporting. Required for All Jobs Performs other duties as assigned Complies with all WellStar Health System policies, standards of work, and code of conduct. QualificationsRequired Minimum EducationBachelor's Degree BS or BA Degree Required and Accounting/Business/Finance Preferred and Master's Degree MBA/MA/MS Preferred Required Minimum ExperienceMinimum 10 years of financial/accounting Required and Minimum 5 years leadership experience, healthcare experience Preferred Required Minimum Skills Technical accounting skills, spreadsheet analysis and proven leadership Required Minimum License(s) and Certification(s)Cert Public Accountant Required Additional Licenses and Certifications

Keywords: Wellstar Health System, Inc., Marietta , Asst. Vice President, Accounting Operations, Executive , Marietta, Georgia