Director, Accounting and Budgets - Foundation Jobs in Edison at Hackensack Meridian Health

Overview

Our team members are the heart of what makes us better.

At Hackensack Meridian Health we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community.

Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.

Reporting to the Foundation Executive Director, Administration the Director of Foundation Accounting and Budgets is responsible for all accounting, finance and audit duties for Hackensack Meridian Health Foundation and its affiliated foundations. This position collaborates closely with the Foundation team, site finance leaders and network finance leaders to prepare and manage budgets; monitor and analyze department finances; ensure accurate and timely revenue and expense reporting and reconciliation; manage fund transfers from the Foundation; and work with auditors as needed.

This is a hybrid position 2 days per week in the office. Days may vary depending on work priorities

Responsibilities

A day in the life of a Director of Foundation Accounting and Budgets at Hackensack Meridian Health includes:

• Manages all accounting, finance and audit activities for the Hackensack Meridian Health Foundation and its nine affiliates, with regular collaboration and coordination with network Finance leaders, Medical Center site controllers and department leaders, and development leadership.
• Oversees the Foundation Finance department, including supervising Accounting Coordinator Sets annual goals for the department and monitors progress.
• Reviews and approves bank exceptions, bank wires, and ACH deposits and other necessary documentation on a weekly basis before data entry.
• Manages the vendor and contracting process with purchasing and legal
• Develops the annual transfer budgets and manages the fund transfer process for the release of temporarily restricted and unrestricted funds in collaboration with network Finance, site controllers, and development leaders.
• Develops yearly revenue and expense budgets in collaboration with Foundation Team and network Finance. Prepares budgets of revenue, expenses, spreads and hospital transfers in Axiom. Reviews and prepares budgets with site controllers for presentation to each Foundation's Board of Trustees.
• Reconciles Foundations monthly revenue within a two-business day period and sends to Finance for review and preparation of financials. Oversees preparation and distribution of monthly revenue reports to the Foundation Executive team. Reviews and maintains Foundation net asset reports on a monthly basis.
• Reviews all expenditures for the Foundations, processes through AP and approves for payment. Oversees preparation of monthly expense reports for all Foundation departments showing expenses and balances for all accounts. Maintains efficient files on all Foundation financials and expenditures.
• Organizes and maintains efficient operational procedures for clear accounting and policy development and implementation.
• Oversees foundation payroll activities in MyWay Peoplesoft for all Foundation team members. Maintains and approves timesheets and PTO for all Foundation team members. Reviews and approves team member expenses through Expensable's.
• Assists in the completion of various annual surveys.
• Maintains knowledge of tax law changes, Financial Accounting Standards Board (FASB) guidelines, and other state and federal requirements.
• Adheres to HMH Organizational competencies and standards of behavior.
• Other duties and/or projects as assigned.

Qualifications

Education, Knowledge, Skills and Abilities Required:

• Bachelor's degree in business, accounting or finance.
• Seven or more years of experience in nonprofit finance and accounting.
• Highly functional with Google Suite and accounting software.

Education, Knowledge, Skills and Abilities Preferred:

• Experience working with Raisers Edge, PeopleSoft, and Axiom.
• Experience in a development (fundraising) department in a healthcare setting.
• Experience with month end close process & reconciliations.

If you feel that the above description speaks directly to your strengths and capabilities, then please apply today!   

Compensation
Starting at $131,144.00 Annually

HMH is committed to pay equity and transparency for our team members. The posted rate of pay in this job posting is a reasonable good faith estimate of the minimum base pay for this role at the time of posting in accordance with the New Jersey Pay Transparency Act and does not reflect the full value of our market-competitive total rewards package.

The starting rate of pay is provided for informational purposes only and is not a guarantee of a specific offer. Posted hourly rates may be stated as an annual salary in the offer and posted annual salaries may be stated as an hourly rate in the offer, depending on the level and nature of the job duties and credentials of the candidate. The base compensation determined at the time of the offer may be different than the posted rate of pay based on a number of non-discriminatory factors, including but not limited to:

• Labor Market Data: Compensation is benchmarked against market data to ensure competitiveness.
• Experience: Years of relevant work experience.
• Education and Certifications: Level of education attained, including specialized certifications, credentials, completed apprenticeship programs or advanced training.
• Skills: Demonstrated proficiency in relevant skills and competencies.
• Geographic Location: Cost of living and market rates for the specific location.
• Internal Equity: Compensation is determined in a manner consistent with compensation ranges for similar roles within the organization.
• Budget and Grant Funding: Departmental budgets and any grant funding associated with the job position may impact the pay that can be offered.

Some jobs may also be eligible for performance-based incentives, bonuses, or commissions not reflected in the starting rate. Certain positions may also be eligible for shift differentials for work performed on evening, night, or weekend shifts.

In addition to our compensation for full-time and part-time (20+ hours/week) job positions, HMH offers a comprehensive benefits package, including health, dental, vision, paid leave, tuition reimbursement, and retirement benefits.

HACKENSACK MERIDIAN HEALTH (HMH) IS AN EQUAL OPPORTUNITY EMPLOYER

All qualified applicants will receive consideration for employment without regard to age, race, color, creed, religion, sex, sexual orientation, gender identity or expression, pregnancy, breastfeeding, genetic information, refusal to submit to a genetic test or make available to an employer the results of a genetic test, atypical hereditary cellular or blood trait, national origin, nationality, ancestry, disability, marital status, liability for military service, or status as a protected veteran.

Our Network

Hackensack Meridian Health (HMH) is a Mandatory Influenza Vaccination Facility

As a courtesy to assist you in your job search, we would like to send your resume to other areas of our Hackensack Meridian Health network who may have current openings that fit your skills and experience.