At Memorial Hermann, we pursue a common goal of delivering high quality, efficient care while creating exceptional experiences for every member of our community. When we say every member of our community, that includes our employees. We know that when our employees feel cared for, heard and valued, they are inspired to create moments that exceed expectations, while prioritizing safety, compassion, personalization and efficiency. If you want to advance your career and contribute to our vision of creating healthier communities, now and for generations to come, we want you to be a part of our team.
Job Summary
Position is responsible for performing complex accounting and financial analysis assignments for the System. Contributes to the accuracy of financial statements and develops impactful analytics. Recommends changes in accounting systems and procedures. Approves reconciliations, provides guidance and training to accounting staff, and supports hospital financial management and administration.Job DescriptionMINIMUM QUALIFICATIONS
Education: Bachelor's Degree in Accounting; Advanced degree preferred
Licenses/Certifications: Certified Public Accountant preferred
Experience / Knowledge / Skills:
- Five (5) to seven (7) years of accounting work experience
- Advanced financial accounting knowledge and experience required
- Skills must include analytical capabilities sufficient for providing and interpreting variance analysis
- Experience retrieving data from ERP system and Business Intelligence software
- Advanced level Excel skills to include pivot tables, vlookup and macros, etc.
- Effective oral and written communication skills
PRINCIPAL ACCOUNTABILITIES
- Compiles and analyzes complex financial information to prepare and upload journal entries to the general ledger, including the consolidation of business units and corresponding eliminating entries, to prepare system financials. Ensures the accuracy of the recorded transactions. Supports month-end close process by reviewing journal entries prepared by accounting staff, researching variances, and communicating findings to management.
- Reconciles complex general ledger accounts with various monthly statements (bank statements, sub-system ledgers), makes adjustments as necessary, and reports material variances to management. Approves reconciliations prepared by accounting staff.
- Prepares schedules for financial reporting to internal and external sources, to include auditor requests. Compiles and reviews financial data in the preparation of balance sheets, profit and loss statements and other financial reports.
- Analyzes and interprets expenses, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. Prepares financial reports for all levels of management and discerns important trends that can be used by management for decision making. Liaises with departments across the organization, to include finance executives. Assists with the preparation of annual budget schedules (ex. supply chain, lab, pharmacy service lines, leases, debt, derivatives, joint ventures, etc.). Trains, supports and presents complex accounting matters to operations and finance teams across the System.
- Ensures compliance with accounting and reporting deadlines. Identifies and communicates accounting compliance issues and discrepancies.
- Works on complex accounting and cross-departmental projects which include preparing complex financial analyses. Documents, identifies, and provides recommendations for process improvements and controls.
- Promotes individual professional growth and development by meeting requirements for mandatory/continuing education, skills competency, supports department-based goals which contribute to the success of the organization; serves as preceptor, mentor, and resource to less experienced staff.
- Adheres to all Memorial Hermann policies, procedures, and standards, within budgetary specifications, including time management, supply management, productivity, and accuracy of practice.
- Demonstrates commitment to caring for every member of our community by creating compassionate and personalized experiences. Models Memorial Hermann’s service standards by providing safe, caring, personalized and efficient experiences to patients and colleagues.
- Other duties as assigned.
Skills Required
- Bachelor's degree in Accounting
- Five to seven years of accounting work experience
- Advanced financial accounting knowledge and experience
- Analytical capabilities sufficient for providing and interpreting variance analysis
- Experience retrieving data from ERP systems and business intelligence software
- Advanced Excel skills, including pivot tables, VLOOKUP, and macros
- Effective oral and written communication skills
- Advanced degree
- Certified Public Accountant certification
What We Do
At Memorial Hermann, we are all about advancing health. Yours. It begins by redefining healthcare. Our 6,400 affiliated physicians and more than 26,000 employees practice evidence-based medicine with a relentless focus on quality, safety and exceptional service for all patients, consumers and Health Plan members. Our efforts continue to result in national awards and recognition, including for our nationally acclaimed Accountable Care Organization. With a focus on providing enhanced access to care, Memorial Hermann offers Virtual Clinic for digital access and has 300 care delivery sites conveniently located across the Greater Houston area, including our flagship hospital in the world-renowned Texas Medical Center, which serves as the teaching hospital for McGovern Medical School at UTHealth. We have proudly served this community for more than 110 years, and we contribute more than $588 million annually through school-based health centers and other community benefit programs. Because at Memorial Hermann, the health of our community is always at the center of what we do. Learn more about Memorial Hermann Health System.
