Manager, Accounting

Manager, Accounting Mass General Brigham Incorporated Somerville, MA Job Details Full-time $99,465.60 - $141,804.00 a year 1 hour ago Benefits Opportunities for advancement Qualifications Supervising experience Bachelor's degree Accounting and finance experience

Full Job Description Site:

Mass General Brigham Incorporated Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham. Job Summary Responsible for overseeing the financial operations of the organization by maintaining accurate financial records, ensuring compliance with relevant regulations, and providing financial analysis and reporting to support decision-making processes. Essential Functions Manage the day-to-day accounting activities, including accounts payable, accounts receivable, general ledger, and payroll. Ensure the accurate and timely recording of financial transactions in the company's accounting system. Develop and implement accounting policies and procedures to ensure compliance with relevant regulations and accounting standards. Monitor and analyze financial data to identify trends, variances, and opportunities for improvement. Prepare and present financial reports, including balance sheets, income statements, cash flow statements, and budgets, to management and other stakeholders. Coordinate and oversee the annual budgeting process and provide ongoing budget management and analysis. Manage and mentor a team of accounting professionals, providing guidance, training, and performance feedback. Qualifications Education Bachelor's Degree in accounting or finance required Master's Degree in a related field of study preferred Experience 5+ years of accounting experience required 3+ years of supervisory experience required

Responsibilities:

Primary point of contact for review of post-retirement benefit plans, defined benefit retirement plans, and defined contribution benefit plans regulatory filings, including any audited financial statements. Coordinate with external actuaries and obtain, review, and assess accounting implications regarding actuarial reports from our actuarial consultants. Collaborate with other MGB departments (including HR) and oversee the activity that is recorded for the various benefit programs to ensure consistency with the appropriate accounting treatment. Coordinate with outside captive insurer and internal teams to record malpractice insurance activity and recover malpractice premiums as appropriate Obtain a deep understanding of fringe benefit allocation process and work with constituents across various affiliates to assist in the rate setting and recording of these transactions. With a particular focus on material health, retirement/DB plan accounting, and FICA, assist with the development of the budgets and forecasts for each, along with the rest of the benefit programs of the System. Assess the actuarially determined tail liabilities for certain programs. Assist in the development of the budget and forecast for a variety of benefit plan areas, including the allocation of the budgeted amounts across fiscal periods Analyze and communicate budget vs. actual analyses of benefit activity, including drivers for the variances across the system. Provide support and subject matter expertise to finance leadership regarding the financial impacts of our benefit programs. Support Pension Management Committee materials and project impacts of decisions to be made. Knowledge, Skills and Abilities In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and relevant accounting regulations. Knowledge of financial analysis techniques and financial reporting. Strong analytical and problem-solving skills. Excellent attention to detail and accuracy. Effective communication, interpersonal skills and the ability to lead and manage a team. Ability to prioritize tasks, meet deadlines, and work under pressure. Additional Job Details (if applicable) Remote Type Remote Work Location 399 Revolution Drive Scheduled Weekly Hours 40 Employee Type Regular Work Shift Day (United States of America) Pay Range $99,465.60 - $141,804.00/Annual Grade 8 At Mass General Brigham, we believe in recognizing and rewarding the unique value each team member brings to our organization. Our approach to determining base pay is comprehensive, and any offer extended will take into account your skills, relevant experience if applicable, education, certifications and other essential factors. The base pay information provided offers an estimate based on the minimum job qualifications; however, it does not encompass all elements contributing to your total compensation package. In addition to competitive base pay, we offer comprehensive benefits, career advancement opportunities, differentials, premiums and bonuses as applicable and recognition programs designed to celebrate your contributions and support your professional growth. We invite you to apply, and our Talent Acquisition team will provide an overview of your potential compensation and benefits package.

EEO Statement:

0100 Mass General Brigham Incorporated is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. To ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veteran's Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants who require accommodation in the job application process may contact Human Resources at (857)-282-7642. Mass General Brigham Competency Framework At Mass General Brigham, our competency framework defines what effective leadership "looks like" by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused, half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance, make hiring decisions, identify development needs, mobilize employees across our system, and establish a strong talent pipeline.