DIR FIN - ASST CONTROLLER at Covenant Health in Knoxville, TN

Job description

Overview Director of Finance Assistant Controller Full Time, 80 Hours Per Pay Period, Day Shift Covenant Health Overview: Covenant Health is the region’s top-performing healthcare network with 10 hospitals, outpatient and specialty services, and Covenant Medical Group, our area’s fastest-growing physician practice division. Headquartered in Knoxville, Covenant Health is a community-owned integrated healthcare delivery system and the area’s largest employer. Our more than 11,000 employees, volunteers, and 1,500 affiliated physicians are dedicated to improving the quality of life for the more than two million patients and families we serve every year. Covenant Health is the only healthcare system in East Tennessee to be named a Forbes “Best Employer” seven times. Position Summary: The Assistant Controller serves as a senior accounting leader responsible for overseeing the organization's day-to-day accounting operations and supporting the effective management of financial reporting activities. The position provides leadership for general accounting, financial close processes, financial reporting, fixed assets, accounts payable accounting, payroll accounting support, internal controls, audit coordination, and assigned financial system activities. The Assistant Controller promotes accurate and timely financial reporting, compliance with Generally Accepted Accounting Principles (GAAP) and organizational policies, effective internal controls, consistent application of accounting practices, and continuous process improvement. The position directs and coordinates accounting activities across assigned functional areas, provides leadership and development to accounting managers and staff, monitors departmental priorities and performance, and resolves complex operational and accounting issues. Working in collaboration with accounting and finance leadership, the Assistant Controller supports audit activities, regulatory compliance, financial system initiatives, and organizational projects. The position exercises delegated authority within established policies and procedures, serves as a resource for technical accounting guidance and operational problem-solving, and communicates significant accounting, compliance, control, staffing, and financial reporting matters to leadership. Responsibilities Provides leadership and oversight of the general accounting function to ensure accurate recording, classification, and reporting of financial transactions. Manages and coordinates the monthly, quarterly, and annual financial close processes, including close calendars, assignments, journal entries, account reconciliations, financial analyses, issue resolution, and timely escalation of significant matters to leadership. Reviews complex accounting transactions, estimates, accruals, and balance sheet reconciliations to ensure accuracy and compliance with GAAP. Assists in the preparation and review of consolidated financial statements and supporting schedules for executive leadership, board reporting, lenders, and external stakeholders. Monitors accounting operations and identifies opportunities to improve efficiency, standardization, and financial controls. Supports technical accounting research and implementation of new accounting standards and reporting requirements. Leads audit preparation activities and serves as a primary liaison for external auditors during annual financial statement audits. Provides prompt and routine feedback to leadership on audit progress and issues. Coordinates requests for documentation, testing, and supporting schedules to ensure timely audit completion. Coordinates management participation in audit interviews, process walkthroughs, control testing, and other audit activities. Provides direct supervision to assigned accounting managers and staff and supports the department leadership in establishing performance expectations, monitoring departmental priorities, developing finance talent, and addressing staffing or performanc