Asst. Vice President, Accounting Operations
Company: Wellstar Health System, Inc.
Location: Marietta
Posted on: April 16, 2024
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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., East Point , Asst. Vice President, Accounting Operations, Executive , Marietta, Georgia
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