Job Title: Senior Director Financial Services
Job Description
The Senior Director Financial Services is responsible for the financial reporting at both the individual company level and on a consolidated basis within a health system. This role also involves financial accounting and reporting for retirement plans and serving as the lead financial and operational contact for the captive insurance company. The Director will report to the Vice President of Support Services.
Responsibilities
Serve as a support liaison between operating entities, divisions, product lines, other finance departments, management, and external customers to ensure prompt resolution of issues, accuracy of financial information, and timely reporting.
Represent Finance on internal and external committees, task forces, and management meetings.
Perform monthly financial reporting variance analysis.
Provide customer service by researching issues, offering financial expertise, and providing guidance for new accounting pronouncements.
Develop and implement policies related to modifications to the general ledger structure and maintain the common chart of accounts.
Ensure knowledge and accountability for the maintenance and establishment of cost centers.
Program minor changes to the system for ad-hoc reporting and analysis.
Reconcile accounts, general ledger interfaces, and bank statements.
Research, process, and reconcile inter-company transactions.
Maintain effectiveness, efficiency, accuracy, and integrity of all financial records and ensure compliance with federal, state, and internal regulations and policies.
Collaborate with IT personnel and outside vendors to monitor system performance, make recommendations, and coordinate testing/scheduling of software upgrades and enhancements.
Maintain technical proficiency of operating information systems and related software/hardware.
Ensure prompt identification and resolution of problem areas to minimize fees and waiting time associated with vendor support/outside consultants.
Prepare annual financial statements for review by external auditors and presentation to the audit committee.
Oversee the monthly and year-end analysis of third-party contractual allowances and reserves.
Supervise the maintenance of the Crowe RCA system for hospital and physician entities.
Provide contractual allowance data for budget and year-end audits.
Prepare monthly financial and CFO reports for the Finance Committees and the Board of Trustees.
Prepare financial analysis as requested for board and committee meetings.
Process monthly expenditures and encumbrances related to grants.
Work with the Sponsored Program Administration for monthly grant tracking and reporting.
Analyze variances within individual grants and reconcile activity to the general ledger.
Coordinate accounting and audits for research grants with the Sponsored Program Administration.
Maintain the corporate fixed assets records and establish policies related to the procurement/disposal of all property, plant, and equipment.
Calculate monthly/annual depreciation expense and gain/loss on the disposal of assets.
Reconcile activity to the general ledger and provide appropriate information for internal risk management insurance estimates and external parties such as city/state tax agencies.
Prepare and coordinate the filing of annual Forms 1120, 990T, 990, and PC with external tax advisors.
Prepare Form 1099, real estate, and Abandoned Property Filings for city and state.
Determine accounting treatment for new joint ventures and strategic partnerships and assess monthly valuations and tax implications.
Monitor financial performance of joint ventures and strategic partnerships.
Prepare monthly financial statements, balance sheets, income statements, cash flow statements, and related commentary and analysis.
Create ad hoc financial reports to meet the informational needs of management and auditors.
Prepare audited financial statements and supporting audit schedules for external auditor review.
Summarize financial performance for Board and Finance Committee review.
Essential Skills
Expertise in accounting, audit, grants, financial reporting, and financial analysis.
Proficiency in revenue cycle and fixed assets accounting.
Experience in Non-Profit and Healthcare sectors is highly advantageous.
Excellent oral and written communication skills.
Strong analytical capability.
Proficiency in Microsoft Suite and General Ledger systems.
Additional Skills & Qualifications
Experience with Sponsored Program Administration and Crowe RCA system.
Experience in joint ventures and strategic partnerships accounting.
Work Environment
The role is based in a large healthcare organization in Western Massachusetts. The work hours are from 8 am to 5 pm. The position involves working with various financial systems and technologies, and requires maintaining a thorough working knowledge of technological advances.
Job Type & Location
This is a Permanent position based out of Springfield, MA.
Pay and Benefits
The pay range for this position is $88.94 - $96.15/hr.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: - Medical, dental & vision - Critical Illness, Accident, and Hospital - 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available - Life Insurance (Voluntary Life & AD&D for the employee and dependents) - Short and long-term disability - Health Spending Account (HSA) - Transportation benefits - Employee Assistance Program - Time Off/Leave (PTO, Vacation or Sick Leave)
Workplace Type
This is a fully onsite position in Springfield,MA.
Application Deadline
This position is anticipated to close on Feb 6, 2026.
About Aston Carter:
Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® double diamond winner for both client and talent service.
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email astoncarteraccommodation@astoncarter.com (%20astoncarteraccommodation@astoncarter.com) for other accommodation options.
