Key Facts

Remote From:

Full time

Senior (5-10 years)

English

Hard Skills

Generally Accepted Accounting Principles Pension Accounting Corporate Financial Reporting Accounts Payable Medical Insurance Claims Regulatory Compliance Budget Management Actuarial Science Accounting Accounts Receivable +11 more

Other Skills

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Budgeting
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Calmness Under Pressure
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Communication
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Leadership
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Analytical Skills
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Team Management
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Time Management
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Detail Oriented
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Mentorship
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Social Skills
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Prioritization
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Problem Solving

Roles & Responsibilities

Bachelor's Degree in accounting or finance required
Master's Degree in a related field of study preferred
5+ years of accounting experience required
3+ years of supervisory experience required

Requirements:

Manage day-to-day accounting activities including accounts payable, accounts receivable, general ledger, and payroll, and ensure accurate and timely recording of financial transactions.
Develop and implement accounting policies and procedures to ensure compliance with relevant regulations and accounting standards; monitor and analyze financial data to identify trends, variances, and opportunities for improvement; prepare and present financial reports (balance sheets, income statements, cash flow statements, and budgets) to management and other stakeholders.
Coordinate and oversee the annual budgeting process and provide ongoing budget management and analysis; manage and mentor a team of accounting professionals.
Serve as primary point of contact for review of post-retirement benefit plans (including defined benefit and defined contribution plans), regulatory filings, and related actuarial and insurer coordination to assess accounting implications.

Brigham and Women's Hospital

About Brigham and Women's Hospital

Boston's Brigham and Women's Hospital (BWH) is an international leader in virtually every area of medicine and has been the site of pioneering breakthroughs that have improved lives around the world. A major teaching hospital of Harvard Medical School, BWH has a legacy of excellence that continues to grow. With two outstanding hospitals, over 150 outpatient practices, and over 1,200 physicians, we serve patients from New England, throughout the United States, and from 120 countries around the world. The BWH name is a reflection of our history. In 1980 three of Boston’s oldest and most prestigious Harvard Medical School teaching hospitals - the Peter Bent Brigham Hospital, the Robert Breck Brigham Hospital, and the Boston Hospital for Women – merged to form Brigham and Women’s Hospital. As a national leader in improving health care quality and safety, we have helped to develop some of the industry’s best practices including computerized physician order entry (CPOE) to prevent medication errors. The CPOE is now a nationally-accepted safety practice. The BWH Biomedical Research Institute (BRI) is one of the most powerful biomedical research institutes in the world and the second largest recipient of National Institutes of Health (NIH) funding among independent hospitals in the United States. BWH has long had great success in research as measured by the number of important discoveries made, the size and scope of its research portfolio and the volume of publications annually. BWH is a training ground for physicians, nurses, and allied health professionals. We have 1,100 trainees in over 140 of the most sought after training programs in the world, and also host Harvard Medical School students in rotations throughout our programs. As our global health services expand, our clinical trainees have rich opportunities to contribute and learn in challenging environments around the world. Brigham and Women's Hospital is an EEO, AA, VEVRAA Employer.

Founded: 2018

Company size: 10001

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Job description

Site: Mass General Brigham Incorporated

Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.

Job Summary

Responsible for overseeing the financial operations of the organization by maintaining accurate financial records, ensuring compliance with relevant regulations, and providing financial analysis and reporting to support decision-making processes.

Essential Functions

-Manage the day-to-day accounting activities, including accounts payable, accounts receivable, general ledger, and payroll.

-Ensure the accurate and timely recording of financial transactions in the company's accounting system.

-Develop and implement accounting policies and procedures to ensure compliance with relevant regulations and accounting standards.

-Monitor and analyze financial data to identify trends, variances, and opportunities for improvement.

-Prepare and present financial reports, including balance sheets, income statements, cash flow statements, and budgets, to management and other stakeholders.

-Coordinate and oversee the annual budgeting process and provide ongoing budget management and analysis.

-Manage and mentor a team of accounting professionals, providing guidance, training, and performance feedback.

Qualifications

Education

Bachelor's Degree in accounting or finance required
Master's Degree in a related field of study preferred

Experience

5+ years of accounting experience required
3+ years of supervisory experience required

Responsibilities:

Primary point of contact for review of post-retirement benefit plans, defined benefit retirement plans, and defined contribution benefit plans regulatory filings, including any audited financial statements.
Coordinate with external actuaries and obtain, review, and assess accounting implications regarding actuarial reports from our actuarial consultants.
Collaborate with other MGB departments (including HR) and oversee the activity that is recorded for the various benefit programs to ensure consistency with the appropriate accounting treatment.
Coordinate with outside captive insurer and internal teams to record malpractice insurance activity and recover malpractice premiums as appropriate
Obtain a deep understanding of fringe benefit allocation process and work with constituents across various affiliates to assist in the rate setting and recording of these transactions.
With a particular focus on material health, retirement/DB plan accounting, and FICA, assist with the development of the budgets and forecasts for each, along with the rest of the benefit programs of the System.
Assess the actuarially determined tail liabilities for certain programs.
Assist in the development of the budget and forecast for a variety of benefit plan areas, including the allocation of the budgeted amounts across fiscal periods
Analyze and communicate budget vs. actual analyses of benefit activity, including drivers for the variances across the system.
Provide support and subject matter expertise to finance leadership regarding the financial impacts of our benefit programs.
Support Pension Management Committee materials and project impacts of decisions to be made.

Knowledge, Skills and Abilities

In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and relevant accounting regulations.
Knowledge of financial analysis techniques and financial reporting.
Strong analytical and problem-solving skills.
Excellent attention to detail and accuracy.
Effective communication, interpersonal skills and the ability to lead and manage a team.
Ability to prioritize tasks, meet deadlines, and work under pressure.

Additional Job Details (if applicable)

Remote Type

Remote

Work Location

399 Revolution Drive

Scheduled Weekly Hours

Employee Type

Regular

Work Shift

Day (United States of America)

Pay Range

$99,465.60 - $141,804.00/Annual

Grade

At Mass General Brigham, we believe in recognizing and rewarding the unique value each team member brings to our organization. Our approach to determining base pay is comprehensive, and any offer extended will take into account your skills, relevant experience if applicable, education, certifications and other essential factors. The base pay information provided offers an estimate based on the minimum job qualifications; however, it does not encompass all elements contributing to your total compensation package. In addition to competitive base pay, we offer comprehensive benefits, career advancement opportunities, differentials, premiums and bonuses as applicable and recognition programs designed to celebrate your contributions and support your professional growth. We invite you to apply, and our Talent Acquisition team will provide an overview of your potential compensation and benefits package.

EEO Statement:

0100 Mass General Brigham Incorporated is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. To ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veteran’s Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants who require accommodation in the job application process may contact Human Resources at (857)-282-7642.

Mass General Brigham Competency Framework

At Mass General Brigham, our competency framework defines what effective leadership “looks like” by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused, half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance, make hiring decisions, identify development needs, mobilize employees across our system, and establish a strong talent pipeline.

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