Controller

Brilliant®
Waukegan, IL Full Time
POSTED ON 7/17/2024 CLOSED ON 9/3/2024

What are the responsibilities and job description for the Controller position at Brilliant®?

Scope:

Responsible for the leadership and oversight of the hospital’s accounting, finance, budget, and reimbursement functions. This role manages the day-to-day accounting and finance operations, including accurate and timely reporting, development and monitoring of the annual operating budget, and cost reporting for a hospital with annual operating revenue of $1.5B. The position reports directly to the CFO.


Responsibilities:

  • Develop and maintain an organizational structure and staffing plan to achieve the department’s goals and objectives, implementing procedures to increase efficiency and productivity.
  • Ensure monthly financial statements are completed timely and accurately, and all balance sheet accounts are reconciled monthly in compliance with policies and standards, addressing any outstanding variances promptly.
  • Prepare and publish required corporate reports for senior management and departments, including the Monthly Operating Report, Monthly Certifications, Corporate Disclosures, and Forecasts.
  • Direct the operations of the Revenue Cycle to ensure timely collection of accounts receivable and minimize uncompensated care, routinely reviewing revenue cycle metrics to proactively identify and address performance issues.
  • Participate in the preparation of the annual operating budget.
  • Provide ongoing revenue, expense, and cost analysis to assist the CFO in implementing changes needed to achieve budget goals.
  • Ensure the System's records and financial statements are maintained in accordance with GAAP.
  • Ensure all related statutory filings are completed and all retention requirements are met.
  • Initiate the monthly financial statements closing process.
  • Prepare the monthly general ledger close, including account reconciliations, bad debt templates, Blue Cross reconciliation, and contractual analysis.

Salary : $140,000 - $160,000

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