DATE POSTED: April 29, 2024
POSITION TITLE: Assistant Controller
RECRUITMENT NO: HHSC 03-24
JOB STATUS: Exempt/Full-Time w/Benefits
LOCATION: Hawaii Health Systems Corporation (HHSC), Corporate, Honolulu, HI
SALARY: $101,022/yr
JOB DUTIES: This position serves as the Assistant Controller and will assist the Director of Finance/Corporate Controller in directing all functions and activities of accounting, financial planning, financial reporting, budgeting, and government programs.
A. Key Duties and Responsibilities (85%)
- Assists with the development of annual operating, capital, and cash budgets.
- Ensures timely and accurate financial statements and reporting of payment activities (accounts payable/payroll, general accounting, cost accounting) and regulatory reporting.
- Identifies and implements opportunities for increasing efficiency, productivity, quality and cost-effectiveness and provides recommendations to streamline/automate accounting processes.
- Participates in the coordination of the annual financial audit process and any government program or legislative audits.
- Prepares financial dashboard, benchmarking, and other analyses, as assigned for presentation to the management and the Corporation board of directors.
- Facilitates the processing of lease documentation through the municipal master leases of the Corporation. Reviews accounting for municipal leasing transactions.
- Assists with the development of the annual Corporate Office operating, capital, and cash flow budgets in coordination with Corporate Office management. Prepares quarterly analysis of actual results against budget for presentation to Corporate Office management.
- Performs the monthly closing and reconciliation for all general ledger accounts for Corporate Office and each facility or affiliate, as needed. Prepares monthly financial statements for Corporate Office, each facility and/or affiliate (as needed), and for the Corporation as a whole. Provides narrative explanations to Corporation management and the Corporation Board of Directors for significant variances from budget on a monthly basis.
- Assists with financial planning and analysis responsibilities to support Corporate Office and the regions, as assigned. Responsibilities include but are not limited to: financial data collection, financial modeling, scenario building, and forecasting.
- Assists the DFCC in the performance of DFCC duties. Serves as acting DFCC in the absence of the DFCC.
B. Other Duties (15%)
- Assist in the development of new lines of service or business by analyzing the feasibility of new programs/services, and advise management of the financial prospects, as assigned.
- Supports special projects, as assigned, including but not limited to: software implementation, system-wide cost savings/revenue improvement projects, and business development projects.
- Participates collaboratively in administrative and facility meetings, as assigned.
- Establishes and maintains courteous, cooperative relations when interfacing with other personnel and the public.
- Maintains professional affiliations and enhances professional growth and development to keep abreast of latest trends in hospital finance.
- Performs other duties, as necessary, to assist in the smooth functioning of the department.
THE MINIMUM QUALIFICATION REQUIREMENTS ARE: Applicants must meet all of the following requirements. Please note that unless specifically indicated, the required education and experiences may not be gained concurrently. In addition, qualifying work experiences are based on a 40-hour week.
EDUCATION, EXPERIENCE, CERTIFICATION AND LICENSURE:
Education: A Bachelor’s degree in Accounting or Finance, from an accredited college or university is required.
Experience: A minimum of five (5) years of experience in healthcare financial management, a broad knowledge of hospital operations, and knowledge of accounting principles generally accepted in the United States of America. Experience in financial planning and analysis preferred. Also requires excellent analytical, organizational and communication skills and the ability to handle multiple projects; and excellent computer skills, especially Microsoft Excel. Hands-on experience in working with general ledger systems is desired.
Certificates/Licenses: A valid Certified Public Accountant (CPA) License is preferred.
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES:
Excellent understanding of the health care business; governmental organizations and functions; and budget preparation and control; application of sound managerial principles and techniques; a comprehensive knowledge to interpret laws, rules, regulations, and policies; ability to manage people in setting goals, to give appropriate support, and to evaluate, direct and hold employees accountable while maintaining high morale and productivity; secure and analyze facts and data and make administrative decisions; develop new policies and procedures; possess a high level of problem solving skills; good written and verbal communication skills; strong customer service and quality orientation; maintain cooperative working relationships; meet and deal effectively with the public.
WORKING CONDITIONS/PHYSICAL REQUIREMENTS:
Employee must meet the health and physical requirements deemed necessary to effectively and safely perform the essential functions of the position with or without reasonable accommodation. The position will work in an office environment with prolonged sitting.