Vice President of Accounting - Global Business Services Region

Job quisition:
Company:
Baylor Scott & White Health

Location:

Dallas, Texas, United States

Employment type:

Full Time Category:
Shared Services Industry: Healthcare Level: Executive

Shift: Day Job Posted:
About UsHere at Baylor Scott & White Health we promote the well-being of all individuals, families, and communities. Baylor Scott and White is the largest not-for-profit healthcare system in Texas that empowers you to live well.

Our Core Values are:

We serve faithfully by doing what's right with a joyful heart.

We never settle by constantly striving for better.

We are in it together by supporting one another and those we serve.

We make an impact by taking initiative and delivering exceptional experience.

Benefits Our benefits are designed to help you live well no matter where you are on your journey. For full details on coverage and eligibility, visit the Baylor Scott & White Benefits Hub to explore our offerings, which may include:

Immediate eligibility for health and welfare benefits
401(k) savings plan with dollar-for-dollar match up to 5%
Tuition Reimbursement PTO accrual beginning Day 1

Note:

Benefits may vary based upon position type and/or level.

Job Summary VP Accounting
- Global Business Services Region handles financial accounting for Baylor Scott and White Health (BSWH). This includes preparing financial statements and reports on earnings, profits, cash balances, and other results. The VP formulates and administers approved accounting practices to ensure accurate financial and operating reports. These reports provide reliable information to control operations. The VP examines financial reports and records, making recommendations on reserves, assets, liabilities, revenue, and expenditures.

They prepare, review, and verify journal entries and accounting classifications for records and account reconciliations. Regular and special examinations ensure accuracy and proper accounting. Standard accounting functions may include financial transactions, accruals, balance sheets, variance examination, consolidation, fixed assets, general ledger, income statements (PandL), internal transfers, reimbursements, journal entries, reconciliation, financial statements, and comparative data. The VP designs procedures and processes that meet compliance and audit standards and improve efficiency.

They develop and implement accounting policies and procedures following GAAP standards and BSWH guidelines.

A regional Vice President (VP) develops strategy and business plans for business units or functional areas. These may include smaller entity vice presidents, like small hospitals or clinics. The VP guides strategy development, identifies resource needs, and advises on significant tactical decisions. They focus on current operations and help establish multi-year strategies and plans. Mistakes at this level can negatively affect the organization's long-term success.

The VP drives a large division, multiple departments, or a single business unit. They direct multiple levels of subordinate vice presidents, directors, and managers with varied skills. They manage staffing and budgets for a large span of control or a critical small staff function. They have wide latitude in setting priorities and approaches to critical tasks. They are responsible for executing part of the business strategy.

Essential Functions of the Role Oversees the accounting function for an assigned region or area of responsibility for BSWH.Plans, develops, and implements accounting, budgeting, and financial operations and controls. Ensures timely production of accounting and financial reports for BSWH senior leadership.

Manages outsourced staff for the region. Monitors key performance indicators (KPIs) to ensure successful outcomes from the outsourced work.

Partners with the outsourced partner organization to ensure high engagement and communication, adequate resources, and service excellence.

Oversees vendor relationships and performs ongoing review and negotiation of contract of work.

Guides accounting audits both internally and externally by representing BSWH with internal auditors, external auditors, and other external regulatory bodies.

Oversees, reviews, and approves all accounting work deliverables, reporting, processes, infrastructure, collateral, extracts, and upgrades/licensing of system applications.

Ensures timely and accurate monthly, quarterly, and year-end accounting close process.

Oversees the development of budgets and forecasts and provides accounting guidance on new…