Senior Manager, Corporate Accounting and Consolidations
Job Description:
Be a part of a world-class academic healthcare system at UChicago Medicine as a Senior Manager for the Corporate Accounting and Consolidations department. This position will be primarily a work from home opportunity with the requirement to come onsite as needed.You may be based outside of the greater Chicagoland area.
The Senior Manager, Corporate Accounting & Consolidations supports the preparation of the consolidated financial results of the University of Chicago Health System and related partnerships. This position is responsible for overseeing the accurate delivery of the consolidated financial statements.This role also supports the preparation and audit of quarterly debt compliance and financial statement reporting requirements, in partnership with our Treasury department, and ensures timely delivery to our bond and debt holders. More broadly, this position also supports the monthly close process with the Shared Services Accounting Team, focusing on corporate accounting for Investment, Debt, Pledges, Eliminations and Partnerships, along with participation in budgeting, forecasting, and reporting processes, ensuring proper documentation and support.
The Senior Manager must develop and maintain strong collaborative relationships with departments and individuals both internally and with external joint venture partner finance and accounting teams. The individual will work with the Associate System Controller in building out a financial reporting framework and processes that will execute a shared services process for financial reporting.
Essential Job Functions- Lead and participate in the month-end close process including the monthly accounting for Investments, Debt, Pledges, Insurance, Eliminations and Partnerships for the health system in preparation for the issuance of monthly consolidated financial statements and related schedules. Support the preparation & completion of a monthly financial reporting package with insights into key business operating results and trends
- Ensure that UCM’s interest in Joint Ventures are properly accounted for and reported by UCM in accordance with US GAAP. Includes managing the research and collaboration with external parties (JV Accounting, JV Partners, Tax, Auditors, etc.) regarding technical GAAP questions, significant transactions, financings, distributions, impairments, reporting considerations and capital calls. Review and advise on consolidation requirements
- Partner with multiple UCM departments (Accounting, Legal, Revenue Cycle, Operations) to ensure joint venture agreements include required provisions to allow the accumulation and reporting by UCM of necessary financial information from JV partners
- Prepare required quarterly and annual reporting documents for partners, lenders, regulatory authorities, and other key stakeholders in a timely and accurate manner
- Prepare annual and/or ad hoc audit work papers including all financial statement and audited schedules and related footnotes in compliance with the health system’s Financial Reporting Policies, Procedures within required deadlines. Ensure proper controls are in place to effectively manage compliance with UCM’s financial policies for the consolidated financial statements
- Manage a team of 3+ direct reports
- CPA or CFA certification
- Bachelor's degree in Accounting and Finance
- Minumum of 5-8 years of relevant experience
- Ability to manage several high priority assignments / task to completion
- Proficiency in financial analysis, reporting tools, use of excel and other analytical tools
- Excellent analytical and problem-solving skills, ability to work independently and as a team to solve problems and raise issues and drive continuous improvement
- Non for profit accounting experience
- Experience working with a Big 4 firm
- Job Type/FTE: Full Time (1.0FTE)
- Shift: Days
- Unit/Department: Financial Reporting
- Location: Flexible Remote/ Burr Ridge, IL
- CBA Code: Non-Union
Why Join Us:
We’ve been at the forefront of medicine since 1899. We provide superior healthcare with compassion, always mindful that each patient is a person, an individual. To accomplish this, we need employees with passion, talent and commitment… with patients and with each other.We’re in this together: working to advance medical innovation, serve the health needs of the community, and move our collective knowledge forward. If you’d like to add enriching human life to your profile, UChicago Medicine is for you. Here at the forefront, we’re doing work that really matters.
Join us. Bring your passion.
UChicago Medicine is growing; discover how you can be a part of this pursuit of excellence at: UChicago Medicine Career Opportunities.
UChicago Medicine is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, ethnicity, ancestry, sex, sexual orientation, gender identity, marital status, civil union status, parental status, religion, national origin, age, disability, veteran status and other legally protected characteristics.
Must comply with UChicago Medicine’s COVID-19 Vaccination requirement as a condition of employment. If you have already received the vaccination, you must provide proof as part of the pre-employment process. This is in addition to your compliance with the Flu Vaccination requirement as well.Medical and religious exemptions will be considered consistent with applicable law. Lastly, a pre-employment physical, drug screening, and background check are also required for all employees prior to hire.