Finance Manager

Nexus Treatment Plymouth , MN 55447

Posted 6 days ago

Overview

Support the organization in the compilation and preparation of budgets, cost reports, proformas and financial statements; assist in establishing and maintaining the organization's accounting principles, practices and procedures and serve as a resource to site and corporate accounting staff; ensure regulatory compliance.

Responsibilities

  • Lead and manage the annual operating budget process from inception until final approval by the Board.

  • Support finance and accounting personnel in completion of the budget, such as correcting budget file issues and/or explaining how information should be classified.

  • Assist in ensuring the budget versions are complete, accurate and conform to budgetary limits.

  • During the budget process, provide pertinent staff with drafts of applicable pages/worksheets of the site operating budgets as they are updated and requested; oversee related revisions as needed.

  • Validate historical data for content.

  • Enter data for corporate entities.

  • Research and provide line item detail as needed.

  • Prepare, load and validate G/L upload of Board approved budget.

  • Transmit approved budgets to the appropriate sites.

  • Analyze annual budgets, forecasts and cost performance.

  • Compare forecasts to actual reporting.

  • Interact with site personnel regarding budget variance issues.

  • Summarize and report on variance issues monthly.

  • Generate and analyze monthly financial statements as assigned.

  • Prepare financial statements which include journal entries, general ledger postings, review of accounts, and balance sheet reconciliation.

  • Perform detailed financial statement analyses, including discussions regarding areas of concern and implementing solutions on various issues.

  • Communicate mis-statement of financial data to site Finance and validate that the corrective action has been completed.

  • Prepare timely monthly and year-to-date financial statements for distribution to applicable corporate management staff and site Finance.

  • Compile and post journal entries associated with year-end.

  • Assist and develop proforma financial statements.

  • Prepare cost analysis on proposed expansions, mergers or acquisitions.

  • Identify and develop enhanced reporting routines and perform ad hoc analysis for business partners and management.

  • Educate decision-makers on techniques employed in financial analysis.

  • Participate in and manage special projects, as assigned, related to the application of proper accounting for new or evolving business transactions; Serve as the project leader when assigned.

  • Prepare quarterly and annual cost reports.

  • Ensure compliance with the state and federal cost reporting methodologies and regulations, and anticipate the implications and impact of the calculations of the reports.

  • Distribute costs between the various divisions of management.

  • Accumulate and allocate costs associated with multiple programs and report on such costs internally to management and externally to customers.

  • Compare actual costs to estimates and analyze variances.

  • Ensure timely filing of cost reports.

  • Prepare reports as required by regulatory agencies.

  • Proactively identify opportunities for process improvement in existing business processes that impact Finance and participate in the development and implementation of initiatives to improve processes and procedures.

  • Assess current trends in business practices, financial products and industry competition.

  • Keep up to date on new regulations or policies that may affect the industry.

  • Participate in the review of the applicable financial policies and procedures for the company.

  • Participate in the internal audit process.

  • Determine if the system of authorization and recording procedures is adequate to provide reasonable accounting control over assets, liabilities, income and expenses.

  • Review pertinent documents necessary to determine if an audit trail exists for all records and systems.

  • Provide and maintain result documentation for auditors.

  • Under guidance of the Corporate Controller and Corporate Accounting Manager, collaborate with site personnel on corrective actions as necessary.

  • Assist in the external audit process.

  • Prepare "audit ready" financial statements.

  • Prepare and maintain necessary schedules as assigned for the annual audit.

  • Participate in the annual audit conducted by the external auditors, as assigned.

  • Ensure confidentiality and integrity of all Nexus and its affiliate's proprietary information; ensure confidentiality regarding residents' issues, background and treatment; and comply with Nexus policies involving privacy and confidentiality rules for residents and their families.

  • Establish positive working relationships with site and corporate staff and serve as a liaison for all financial staff and assist them in resolving accounting related issues.

  • Attend staff meetings and training sessions as required by Nexus. Understand and support the Nexus philosophy and treatment modalities.

Qualifications

Education, Credentials, and Experience

  • BA/BS degree in Accounting or Finance and a minimum of 7 years progressively responsible accounting experience, and preferred 2 years supervisory experience.

  • Demonstrated ability to manage the position and output requirements in a changing environment.

  • Possesses strong knowledge of Generally Accepted Accounting Principles (GAAP); sound mathematical, technical and analysis skills

  • Requires intermediate knowledge and experience with financial/PC based accounting system(s)

  • Requires intermediate to advanced Excel and Word skills; Proficiency with additional MS Office software, preferred

Physical demands

  • Must be able to sit for long periods of time.

  • Vision acuity consistent with extensi

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Finance Manager

Nexus Treatment