Loyola University Health System | Maywood, Illinois
Loyola University Health System (LUHS), a member of Trinity Health, is seeking a Regional Corporate Controller. Reporting to the Chief Financial Officer (CFO), with a duel reporting relationship (A2) to Trinity System Accounting Office, the Regional Corporate Controller will be wholly responsible for leading all Regional Transactional Accounting within the Chicago Region. The Chicago Region includes affiliates of the Loyola University Health System (LUHS), including Loyola University Medical Center and Gottlieb Memorial Hospital, as well the system’s latest acquisition, MacNeal Hospital. This key leadership position will reside at Loyola University Medical Center within the Department of Finance. Direct reports to this position include: Director of Payroll and Accounts Payable, Director of Accounting and Director of Reimbursement. Total budget for the region is approximately $2B and it is an exciting time to join LUHS as the system continues to flourish - while remaining financially stable.
The Regional Corporate Controller is a key member of the financial leadership team. S/he will be responsible for all activities relating to the system activities of Loyola University Health System's general accounting, financial reporting, control functions, including preparation of monthly and year-end consolidated financial report and monthly general ledger maintenance. S/he will be charged with the coordination of the annual external audit, annual tax return filings and be accountable for development, implementation and evaluation of department policies and procedures in order to ensure accurate and efficient methods of accounting and appropriate internal controls. In addition, the Controller is responsible for the preparation of complex financial statements and reports to determine financial position, results of operations, cash flows, and other financial trends as well as all operations relating to a regional accounting function that can support the current Loyola Medicine Region and any other entities acquired by Trinity Health as well as any other accounting reports submitted to Trinity.
Planning Leads strategic planning activities for service area and aligns departmental or service area plans and activities with organizational goals. Analyzes environmental issues as well as quality and financial data in order to collaboratively develop systematic plans for achievement of goals. Adapts goals and plans to provide response to the environment and successfully meet challenging, but achievable goals Compliance Coordinates and ensures the effectiveness of general accounting function which includes inter-company accounting, cash management/reconciliation, financial reporting and balance sheet management. Responsibilities include setting priorities, developing policies and procedures; overseeing and guiding process or program design, implementation and maintenance; financial and human resource management; strategic planning; and quality assessment and improvement. Continually evaluates progress toward objectives and ensures that day-to-day operations are efficient and effective. Directs the preparation of monthly financial reports. Performance Improvement In collaboration with senior management, assists in establishing standards and strategic initiatives which support organizational and patient care goals. Routinely measures and monitors assigned areas of responsibility; creates and oversees the management of processes which contribute to continual performance improvement and customer satisfaction. Actively supports and promotes the Lean journey within areas of responsibility. Organization Financial Reporting Oversees the general accounting function, which includes inter-company accounting, cash management/reconciliation, financial reporting and balance sheet management. Responsible for the preparation of the monthly consolidated financial statements and related supporting schedules. Coordinates annual 990 tax return and accumulation of financial information to support our community benefit reporting. Areas of responsibility include balance sheet account reconciliations, including inventories for various locations, accounts for all gifts and grants, including the preparation of financial reports for donors and the state. Maintains the asset management system and ensure assets are timely capitalized and depreciated. Accountable for ensuring that policies and procedures (internal controls) are in place to provide reasonable assurance that the organizations assets are protected. Ensures that the organizations financial records, under responsibility, are maintained in compliance with organizational policies and US GAAP. Responsible for reviewing monthly/quarterly account reconciliations and other documents to ensure this compliance. Ensures that financial reports are prepared in compliance with policies and directives, US GAAP and other regulatory reporting requirements. Supervises the completion of Federal and State tax reporting requirements and other reports as required by government regulation. Coordinates work relating to both internal and external audits in the periodic review of financial records. Is further responsible for the implementation of agreed upon recommendations, related to areas of responsibility, resulting from the audit findings.
For More Information
For additional questions, please contact Annette Cooke at 781.938.1975
We welcome nominations and referrals of prospective candidates. Interested parties, please send resume and cover letter to LUHScontroller2283@zurickdavis.com.