JOB TITLE
FINANCIAL COMPLIANCE AUDITOR
FACILITY
LOCATION
1801 LIND AVENUE SW
RENTON, Washington 98057-0000
SHIFT
1 - Day Shift
DEPARTMENT
FINANCE
EMPLOYMENT STATUS
Full-Time
RELEVANT WORK EXPERIENCE
Unspecified
EDUCATION LEVEL
OTH
FINANCIAL COMPLIANCE AUDITOR
Searching for a career that's personally fulfilling and professionally rewarding? Let Providence guide the way.
Providence is 60 medical facilities, five states and 51,000 employees strong. For over 150 years, Providence has called healthcare professionals to share our legacy in medical experience, compassionate care and professional satisfaction.
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External Description:
Putting people first - that´s what sets us apart. At Providence Health & Services, we believe that everyone who works here has the power to touch people´s lives. Our employees are a dedicated team of professionals who connect to our mission: "As people of Providence, we reveal God´s love for all, especially the poor and vulnerable, through our compassionate service."
Our System Support Services Finance team is recruiting for a Financial Compliance Auditor, (Requisition #57827, FTE 1.0, Exempt). Located at the Renton, WA campus, this position reports to the Director Financial Compliance and Controls.
GENERAL SUMMARY
The Financial Compliance Auditor is responsible for monitoring compliance with standard accounting policies and procedures and Generally Accepted Accounting Principles (GAAP) across the Health System. Primary areas of responsibility will include: performing audit reviews, monitoring and communicating critical financial issues, and performing special projects.
The incumbent performs all duties in a manner that promotes Providence mission, values, and philosophy. In all aspects, he/she serves as a role model for the values and mission of the organization.
PRIMARY DUTIES
· Performs audits of the regional offices to ensure compliance with standard accounting policies and procedures, Generally Accepted Accounting Principles (GAAP), and internal controls.
· Identifies areas of risk to the organization, and assists in establishing, communicating, and monitoring mitigation plans and action strategies where compliance issues are raised.
· Performs review of accounting treatment forms which summarize financial transactions, to ensure compliance with standard accounting policies and procedures, GAAP, and internal controls.
· Performs financial integrity reviews which include analytical reviews of financial statement balances, detailed substantive procedures to ensure compliance with standard accounting policies and procedures, GAAP, and internal controls.
· Assists the Director in the development and implementation of standard accounting policies and procedures for the Health System; and assists regional management and staff in the interpretation and implementation of the approved policies and procedures within the local entities.
· Assists in the reporting of financial and statistical compliance information; summarizes findings based on audit and monitoring efforts and communicates critical financial issues; to be distributed to the Chief Accounting Officer, Audit and Compliance Committee Board and others as appropriate.
· Reviews business process and financial controls across the Health System. · Assists in the development and implementation of risk mitigation strategies consistently across the system.
· Participates in solution team meetings within assigned areas of responsibility. Periodically represents the Director of Financial Compliance and Controls at internal and external meetings as required.
· Completes special projects designed to improve the financial performance of the Health System, including identifying opportunities for standardization; developing recommendations for consideration by management; and implementation of approved recommendations as assigned.
MINIMUM QUALIFICATIONS
Education:
Minimum of a Bachelor's degree in Business Administration, Finance, or Accounting required, or an equivalent combination of education and/or experience.
Experience:
Minimum of two (2) years auditing experience is strongly preferred. Consideration will be given for equivalent experience in accounting.
Minimum of two (2) years of accounting experience and a solid understanding of accounting principles and practices are required. Prior health care experience is preferred.
Certifications/Licenses:
CPA preferred.
KNOWLEDGE, SKILLS & ABILITIES
· Possess basic knowledge of accounting issues and standards in the following areas: General Ledger, GAAP, consolidation accounting, internal controls, accounting procedures and business process flow, payroll, A/P.
· Proficient in computer operations and Microsoft Office applications, especially EXCEL and WORD.
· Possess good decision-making skills based upon a mixture of analysis, wisdom, experience, and judgment.
· Ability to effectively participate as a team member, and promote positive, ongoing relationships with peers.
· Demonstrated commitment to the philosophy, mission, core values, and goals of the Sisters of Providence and their health care system, including the ability to integrate values of justice, respect, compassion, excellence, and stewardship into appropriate programs and services. Previous work record demonstrates personal integrity, veracity, and trust.
· Possess excellent interpersonal skills and demonstrate the ability to work with a wide variety of people, both within the system and outside.
· Ability to organize, plan, prioritize, and complete assignments with little supervision and within prescribed time frames.
· Demonstrated effective written and oral communication and presentation skills and the ability to communicate complex financial information to diverse audiences.
KEY RELATIONSHIPS
Successful accomplishment of the primary accountabilities of the position will depend upon establishing and maintaining effective working relationships with a variety of persons. Principal among them are: Director of Financial Compliance and Controls, Director of Reimbursement, Chief Accounting Officer, Finance, Finance Directors and Accounting Managers. The position will also work closely with the financial and accounting staff members from each local entity and region.
