Financial Reporting Director directs and oversees the preparation and distribution of all periodic financial statements for external use. Ensures that reports, filings and documentation complies with company's regulations, professional standards, and SEC and GAAP reporting guidelines. Being a Financial Reporting Director confirms that entries, transactions, and accounts are accurately and properly consolidated and are included in internal and external financial statements. Advises management of trends and changes in reporting requirements and recommends best approach for any changes in reporting. Additionally, Financial Reporting Director may serve as a liaison with or oversee the work of external auditors. May direct the preparation of materials for board or shareholders. Requires a bachelor's degree of Accounting or Finance. Typically reports to top management. The Financial Reporting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Financial Reporting Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
General Summary
Plans, manages, and directs the financial reporting and financial operations of the University of Maryland Medical System via the Financial Reporting Function of the UMMS Corporate Shared Services. Accountable for the preparation of the Medical System’s financial statements to include all of its subsidiaries and joint ventures, related financial analyses and management results reporting; performance of finance functions: accounting, reporting, fixed assets, maintenance of corporate financial records; compliance with regulatory financial reporting requirements; establishing proper internal controls, financial policies and procedures and ensuring compliance with established corporate policies and financial system implementation and maintenance. Oversees the Directors of Financial Reporting. Work is performed under general direction. Direct report to the Vice President, Corporate Finance and System Controller.
Principal Responsibilities and Tasks
The following statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all job duties performed by personnel so classified.
The University of Maryland Medical System is a 14-hospital system with academic, community and specialty medical services reaching every part of Maryland and beyond. UMMS is a national and regional referral center for trauma, cancer care, Neurocare, cardiac care, women’s and children’s health and physical rehabilitation. UMMS is the fourth largest private employer in the Baltimore metropolitan area and one of the top 20 employers in the state of Maryland. No organization will give you the clinical variety, the support, or the opportunities for professional growth that you’ll enjoy as a member of our team.
Education and Experience
Knowledge, Skills and Abilities
Patient Safety
Ensure patient safety in the performance of job functions and through participation in hospital, department or unit patient safety initiatives.
All your information will be kept confidential according to EEO guidelines.