Location: Elkridge, MD
Position Type: Full-time (Hybrid)
Shift/Hours: 40 Hours per week
Salary: $140,000-175,000 per year
The mission of the Maryland Hospital Association (MHA) is to serve Maryland’s hospitals and health systems through collective action to shape policies, practices, financing, and performance to advance health care and the health of all Marylanders. MHA advocates for members and their constituents – caregivers, patients, and communities – before state legislative and regulatory bodies. MHA also aids member organizations in their shared efforts – both within the field and in concert with other stakeholders in the private and public sectors – to improve the quality and cost-effectiveness of health care services and to advance the health of all Marylanders.
Job Summary
The Association is seeking a Controller to join our team in Elkridge, MD. Reporting to the Chief Operating Officer, the Controller will be responsible for overseeing the financial reporting of our not-for-profit and for-profit companies. Duties include:
Essential Duties and Responsibilities
- Planning, directing and coordinating all accounting operational functions
- Provide comprehensive financial updates to senior management through evaluating, analyzing, and reporting appropriate data points that are vital to decision-making processes
- Manage the budget process through coordinating with the leadership team to determine revenues, payrolls and operating expenses on a departmental and company wide basis. Follow-up throughout the year analyzing over or under budget variances.
- Collaborate with the leadership team to establish financial and operating benchmarks, budgets, program monitoring, and reporting standards on a bi-weekly, monthly, and annual basis
- Guide financial decisions by applying company policies and procedures to current economic landscape
- Implement consistent accounting policies, practices, and procedures across all programs, upholding federal, state, and local legal standards by remaining knowledgeable about existing, new, and future legislation
- Manage and monitor all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements as well as the requirements of private contributions, loans, and government contracts
- Maintain internal control safeguards for the receipt of revenue, costs and both team and organizational budgets and actual expenditures
- Help develop and support short and long-term operational strategies
- Managing the accumulation and consolidation of all financial data necessary for an accurate accounting of consolidated business results
- Coordinating and preparing internal and external financial statements
- Coordinating activities of external auditors
- Overseeing regulatory reporting, frequently including tax planning and compliance
- Review and enforce internal controls to maximize protection of company assets, policies, procedures, and workflow.
- Review of companywide financial controls and guidelines
- Assess current accounting operations for areas of improvement and implementing new processes, if necessary
- Reviewing and evaluating accounting and internal control systems
- Reviewing and evaluating the effectiveness of current accounting software, supporting databases, and payroll system, as needed
- Developing and monitoring business performance metrics
- Overseeing and supporting the accounting team with dynamic leadership that creates an environment of trust and productivity
- Hiring, training and retaining skilled accounting staff
Education and Experience
- Bachelor’s degree or 10+ years proven accounting experience or equivalent work experience in business, accounting, or related field – including experience with federal, state, and local tax compliance regulations and reporting
- 5+ years experience as a senior-level accounting or finance manager
- Certified Public Accountant
- Professional accounting certification, including CMA, CGA, or CA
- Experience in a non-profit organization, either a 501(c)6 and/or 501(c)3
Qualifications
- Working knowledge of finance law and regulatory standards (GAAP)
- Working knowledge of Revenue Recognition Standard ASC606
- Working knowledge of Lease Accounting Standard ASC842
- Strong understanding of economic and banking processes
- Strong working knowledge of detailed financial data analysis
- Proven payroll experience, with a focus on streamlining accounting processes
- Interest and experience in business process improvement
- Exemplary history of financial project management
- Familiarity and experience with grants accounting
- Able to communicate effectively with co-workers, senior management, and board members
- Attention to detail and highly organized
Interested candidates should send a cover letter and resume to jobs@mhaonline.org.
