Controller Job Listing at Lexington Medical Center in Columbia, SC (Job ID 1275636700)

Description

Accounting  
Full Time
Day Shift 
M-F 7a-6p

Consistently named best hospital, Lexington Medical Center dedicates itself to providing quality health services that meet the needs of its communities. Ranked #1 in the Columbia metro area by U.S. News & World Report, Lexington Medical Center is the only hospital named one of the Best Places to Work in South Carolina and the first hospital in the state to achieve Magnet with Distinction status for excellence in nursing care.

The 607-bed teaching hospital anchors a health care network that includes six community medical centers and employs more than 8,700 health care professionals. The network includes a cardiovascular program recognized by the American College of Cardiology as South Carolina's first HeartCARE CenterTM and an accredited Cancer Center of Excellence affiliated with MUSC Hollings Cancer Center for research and education. The network also features an occupational health center, the largest skilled nursing facility in the Carolinas, an Alzheimer's care center and nearly 80 physician practices.  Its postgraduate medical education programs include family medicine and transitional year.

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 that the organization maintains appropriate policies, systems, and controls that support accountability, stewardship, and compliance with all regulatory and GAAP and GASB reporting requirements.  The Controller will work closely with operational leaders to provide strategic financial analysis and business decision support to improve financial performance. Also identifies increased revenue possibilities, cost reduction possibilities, and increased reimbursement. Indirectly supervises, Budget/RVU Manager, Reimbursement Accountant, General Accountants, Payroll Supervisor and staff, Billing Auditor and administrative staff within department.

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. Makes recommendations concerning methods of reducing operating costs and increasing income.
• Effectively communicate the financial condition of the organization to the CFO and other members of leadership.
• Analyze the effect of external environment on financial stability of the organization.
• Serves as a consultant regarding the organization's financial affairs, development of operating policies and procedures, departments' needs and problems.
• Keeps the organization's insurance policies current to ensure that our assets are adequately protected against loss and maintain the various hospital insurance programs.
• Ensures that the organization is in compliance with debt covenants.
• Responsible for the timely and accurate preparation of the monthly financial and operation reports.
• Reviews and provides logical explanations for monthly, quarterly, and annual variances in general ledger accounts and hospital statistics.
• 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.
• Responsible for coordination of operating budgets.
• 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 actions.
• Enhances professional growth and development through participation in education programs, current literature, in-service meetings, and workshops. Maintains designation as a CPA through appropriate required continuing education.
• Responsible for special projects as requested or other duties as assigned.
• Performs all other duties as assigned.

We are committed to offering quality, cost-effective benefits choices for our employees and their families:

• Day ONE medical, dental and life insurance benefits 
• Health care and dependent care flexible spending accounts (FSAs)
• Employees are eligible for enrollment into the 403(b) match plan day one.  LHI matches dollar for dollar up to 6%.
• Employer paid life insurance – equal to 1x salary
• Employee may elect supplemental life insurance with low cost premiums up to 3x salary 
• Adoption assistance
• LHI provides its full-time employees employer paid short-term disability and long-term disability coverage after 90 days of eligible employment
• Tuition reimbursement
• Student loan forgiveness

Equal Opportunity Employer
It is the policy of LMC to provide equal opportunity of employment for all individuals, and to remain compliant with applicable state and federal laws and regulations. LMC strives to provide a discrimination-free environment, and to recruit, select, on-board, and employ all employees without regard to race, color, religion, sex, age, disability, national origin, veteran status, or pregnancy, childbirth, or related medical conditions, including but not limited to, lactation. LMC endeavors to upgrade and promote employees from within the hospital where possible and consistent with the employee's desires and abilities and the hospital's needs.