SVP Chief Accounting Officer

Job Responsibilities:

• Oversees the preparation, distribution, and public filings of all financial statements, ensuring compliance with GAAP and other relevant accounting standards.
• Manages annual audits for Cleveland Clinic Health System and affiliate organizations.
• Safeguards assets and ensures accurate and timely reporting of transactions according to GAAP; is a standing member of the Finance Committee and Audit Committee of the Board of Directors.
• Analyzes financial results and provides insightful commentary and recommendations to executive management and various committees of the board.
• Architects and coordinates the annual budgeting process, including concurrent forecasting and variance analysis.
• Leads the development of the annual and long-term financial and capital plans of the enterprise.
• Leads the development and implementation of financial reporting systems and processes to enhance accuracy and efficiency.
• Ensures compliance with all regulatory requirements and other statutory reporting.
• Monitors changes in accounting standards and regulations, assessing their impact on the organization and implementing necessary changes.
• Maintains strong relationships with external auditors, facilitating timely and efficient audit processes.
• Leads the enterprise Internal Control Effectiveness (ICE) program to develop and enforce internal controls in accordance with Sarbanes-Oxley principles, to safeguard company assets and ensure financial integrity.
• Collaborates with the enterprise CEO, CFO, and other senior executives to develop and execute the company’s strategic plan.
• Provides financial insights and analysis to support decision-making and drive business growth.
• Directs a team that supports organizational assessments and decisions on mergers and acquisitions and joint ventures.
• Mentors and develops teams fostering a culture of continuous improvement, caregiver engagement and professional growth.
• Leads the International Finance division for the enterprise.
• Oversees day-to-day accounting operations, including accounts payable, nonpatient accounts receivable, payroll, and general ledger functions.
• Directs revenue and reimbursement functions including revenue recognition, and all required public filings (i.e.: Medicare and Medicaid Cost Reports).
• Responsible for service line performance management and producing accurate and accessible patient level reporting, cost accounting, and key metrics and measures.
• Partners with Market and Network Services in modeling payer contracts and value-based outcomes.
• Directs financial management of Academic Affairs and Clinic research accounting.
• Communicates financial performance to executive management, Cleveland Clinic Board of Directors and Committees and external stakeholders.
• Partners with Cleveland Clinic Innovations to identify, assess, and realize new business opportunities and revenue streams.
• Collaborates with international operations and strategy to identify and operationalize new ventures and strategic partnerships internationally. Develops policies, practices, and procedures that have a significant impact on the organization.
• Other duties as assigned.

Education:

• Bachelor's degree required. Major in Accounting and/or Finance preferred.
• Master's degree preferred.

Languages:

• English.

Certifications:

• Certified Public Accountant (CPA), Chartered Accountant (CA), Certified Management Accountant (CMA) or equivalent certification preferred.

Complexity of Work:

• Requires staff management, strong communication skills, critical thinking skills, analytical and interpretative skills, decisive judgment, and the ability to work with minimal guidance.
• Leads or actively engages with senior-most levels of financial management of the enterprise in concert with the EVP CFO.

Work Experience:

• A minimum of 15 years of experience in healthcare and/or accounting.
• Strong financial management and leadership experience with large, complex health sector organizations.
• Financial consolidation of multi-entry systems and joint venture/affiliation.

Physical Requirements:

• Ability to communicate and exchange accurate information.
• Ability to perform work in a stationary position for extended periods.
• Ability to work with physical records or operate a computer or other office equipment.
• In some locations, ability to travel throughout the hospital system.
• In some locations ability to move up to 25 lbs.
• Lengthy and frequent national and international travel.

Personal Protective Equipment:

• Follow standard precautions using personal protective equipment as required.