Join our Talent Network
Skip to main content
   Current UPHS employees must apply HERE

Supervisor, Financial Reporting

Job ID: 134083
Accounting/Finance
FT
Philadelphia, PA, United States
Jun 9, 2022

Save Job Saved

Description

Penn Medicine is dedicated to our tripartite mission of providing the highest level of care to patients, conducting innovative research, and educating future leaders in the field of medicine. Working for this leading academic medical center means collaboration with top clinical, technical and business professionals across all disciplines.

Today at Penn Medicine, someone will make a breakthrough. Someone will heal a heart, deliver hopeful news, and give comfort and reassurance. Our employees shape our future each day. Are you living your life's work?

Summary:

  • The Supervisor, Financial Reporting, is responsible to assist with the consolidation and financial reporting of Penn Medicine, UPHS, financial statements across the health system on a monthly basis. In addition, the Supervisor will assist in the coordination of the quarterly and annual external audit process as well as the preparation of the internally and externally distributed financial data, i.e. profit/(loss) analysis, surveys and the quarterly Continuing Disclosure reporting to satisfy reporting requirements and stay in compliance with respective bond covenant. The Supervisor will provide timely and accurate reporting of financial information to Department Directors, UPHS entity financial teams, and other customers during the monthly close process; Maintains necessary schedules and documentation for monthly closings, quarterly reviews, and annual audit; Reviews financial data for accuracy, reasonableness, and completeness; Applies GAAP Financial Reporting Standards without exception; Provides financial support to Controller and Department Directors as required.
  • Technical skills and abilities must include a deep knowledge of accounting principles and concepts related to financial reporting and budgeting and the ability to analyze, compare, interpret, and suggest solutions to accounting and finance issues while maintaining great attention to detail and accuracy. Dedication to the timely completion of all tasks, effective listening skills, and the ability to ask educated questions at appropriate times. Inclination to be a self-motivator and to apply creativity and conceptualization skills effectively with management. Promote a positive attitude toward other staff members. The ability to work independently and also manage the respective members of the Financial Reporting team. Good command of the English language. Demonstrate punctuality and meet set department deadlines. Maintain a professional attitude at all times. Communicate effectively with assigned department financial managers and staff. Consistently adhere to departmental standards for a professional office environment. Constantly be aware of and adhere to UPHS employment policies and procedures.

    Responsibilities:

    • Supervise/manage day-to-day operations of the Financial Reporting area of the Accounting Department.
    • Assist with managing the monthly financial close process, including the financial statement consolidation as well as the review, analysis, and distribution of internal and external financial statement packages. Coordinate affiliate (RRG) reporting. Review actual vs. budget variance narratives for accuracy and reasonableness.
    • Review/coordinate/prepare internally and externally distributed financial data, i.e. profit/(loss) analysis, surveys and other requests for accuracy and reasonableness. Assist with the quarterly Continuing Disclosure reporting to satisfy reporting requirements and stay in compliance with respective bond covenants.
    • Review the consolidating financial statements during the monthly close and follow up with respective UPHS controllers questioning any issues noted during the review.
    • Assist in the coordination of the quarterly and annual external audit process including scheduling, assisting in the preparation and review of various schedules as well as the organization and completion of the financial reporting package and data.
    • Assist in providing timely and accurate service to AVP of Corporate Finance, Department Directors, Controllers and other customers.
    • Assign and organize work assignments of staff including setting priorities and identifying problem areas.
    • Assist Director in analyzing and interpreting financial data and make recommendations regarding handling of both day-to-day operations and new policies and procedures.
    • Perform special projects as required. Work with other Entities in resolving problems related to standard financial issues and practices.
    • Oversee and review Treasury/Cash Management, Health System debt activity and University Inter-fund Reconciliation.
    • Interview, hire, discipline, instruct, train, guide and counsel all employees under direct supervision.
    • Keep Management informed with timely communications and provide a customer service orientation of financial services to all constituencies.
    • Performs duties in accordance with Penn Medicine and entity values, policies, and procedures
    • Other duties as assigned to support the unit, department, entity, and health system organization

      Credentials:

      • Certified Public Accountant (Preferred)

        Education or Equivalent Experience:

        Bachelor's Degree (Required); preferably in Accounting and/or Finance

        Master's Degree in Business Administration or related field (Preferred)

        4+ years of Accounting/Finance experience (Required)

        4+ years of general accounting, monthly financial close process and/or financial reporting experience (Preferred)

        Supervisory/Management experience (Preferred)

        Skills & Abilities:

        • Effective communication skills
        • Establishing and maintaining good working relationships and partnerships

        • Working knowledge of Generally Accepted Accounting Principles and Regulations
        • Self-motivated; ability to multi-task and manage rapidly changing priorities
        • Experience with Lawson (or similar) General Ledger system - (Preferred)
        • Experience with Hyperion Reporting and Budget System (or similar) - (Preferred)
        • Working knowledge of Microsoft Excel, Access, Word, Power Point and Outlook
        • Problem solving – skillfully lead groups through problem solving situations - (Preferred)
        • Project Management – ability to develop and follow process - (Preferred)

          We believe that the best care for our patients starts with the best care for our employees. Our employee benefits programs help our employees get healthy and stay healthy. We offer a comprehensive compensation and benefits program that includes one of the finest prepaid tuition assistance programs in the region. Penn Medicine employees are actively engaged and committed to our mission. Together we will continue to make medical advances that help people live longer, healthier lives.

          Live Your Life's Work

          We are an Equal Opportunity and Affirmative Action employer. Candidates are considered for employment without regard to race, ethnicity, color, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, marital status, familial status, genetic information, domestic or sexual violence victim status, citizenship status, military status, status as a protected veteran or any other status protected by applicable law.

             Current UPHS employees must apply HERE
          Share: mail

          Similar Jobs