Controller, Finance & Banking

Lexington Health is a comprehensive network of care that includes six community medical and urgent care centers, nearly 80 physician practices, more than 9,000 health care professionals and Lexington Medical Center, a 607-bed teaching hospital in West Columbia, South Carolina. It was selected by Modern Healthcare as one of the Best Places to Work in Healthcare and was first in the state to achieve Magnet with Distinction status for excellence in nursing care.

Consistently ranked as best in the Columbia Metro area by U.S. News & World Report, Lexington Health delivers more than 4,000 babies each year, performs more than 34,000 surgeries annually and is the region's third largest employer.

Lexington Health also includes an accredited Cancer Center of Excellence, the state’s first Heart

CARE Center, the largest skilled nursing facility in the Carolinas, and an Alzheimer’s care center. Its postgraduate medical education programs include family medicine and transitional year residencies, as well as an informatics fellowship.

Leads Lexington Medical Center (LMC) and its subsidiaries in the maintenance of accounting principles, practices, and procedures. Maintains all accounting records and is responsible for the accurate and timely compilation of all organizational financial information. The position will ensure the organization maintains appropriate policies, systems, and controls that support accountability, stewardship, and compliance with all regulatory and GAAP, FASB, and GASB reporting requirements.

The Controller will work with operational leaders to provide strategic financial analysis to improve financial performance. Direct supervision Assistant Controller - Operations, GL Manager, Budget Manager, Fixed Asset Manager.

• Minimum Education: Bachelor's Degree in Accounting or Finance
• Minimum Years of
  
  Experience:
  
  6 Years of healthcare accounting experience; 5 Years of experience as a hospital controller.
• Substitutable Education & Experience (Optional): 5 Years of experience as a hospital controller can be substituted for a Certified Public Accountant (CPA) license.
• Required Certifications/Licensure: None.
• Required Training: Demonstrated ability to supervise personnel

• Establish and maintain an ongoing consolidated accounting system on behalf of LMC to meet needs and provide complete and accurate records
• Provides analysis of the organization’s income, expenditures, and capital asset values with comparisons to previous periods.
• Effectively communicate the financial condition of the organization to the AVP of Finance and other members of leadership.
• Serves as a consultant regarding the organization’s financial affairs, development of operating policies and procedures, departments’ needs and problems.
• Ensures that the organization is compliant with debt covenants.
• Responsible for the timely and accurate preparation of the monthly financial and operational reports.
• Reviews and provides logical explanations for monthly, quarterly, and annual variances in general ledger and statistical accounts.
• Prepares quarterly consolidated financial statements and appropriate ratios.
• Prepares annual consolidating financial statements and footnotes for auditors.
• Provides analysis and support for all external auditors and coordinates audit.

• Prepares and affects timely filing of federal, state, hospital association, third party, and other financial reports as required.
• Administer and monitor an effective system of internal controls.
• Maintains compliance with all laws and applicable regulatory requirements. Acts promptly to comply with required changes.
• Reviews, monitors, and evaluates the third party reimbursement. Based on expected reimbursement, analyzes and adjusts the allowance accounts.
• Presents constructive feedback regarding system or process failures and participates in resolution with work partners in a proactive and positive manner.
• Selects, trains/orients and assigns department staff (either directly or through subordinate supervisor). Develops standards of performance, evaluates performance, and initiates or makes recommendations for personnel…