Beth Israel Lahey Health · 1 day ago
SVP, Financial Operations & Corporate Accounting
Beth Israel Lahey Health is a healthcare organization committed to making a difference in people’s lives. The Senior Vice President of Financial Operations and Corporate Accounting will oversee accounting, payroll, and accounts payable functions, lead financial reporting and audits, and provide strategic financial planning support to executive leadership.
Elder CareHealth CareHospitalPrimary and Urgent CareProfessional ServicesTraining
Responsibilities
Oversee, direct, and organize the work of the System Accounting, Payroll and A/P teams, along with FP&A, Revenue Reimbursement, Tax and Treasury activities
Promote a culture of high performance and continuous improvement that values learning and a commitment to quality
Upgrade and implement an appropriate system of policies, internal controls, financial monitoring, accounting standards, and procedures
Lead the monthly general ledger close process and related financial statement reporting for BILH and its affiliates
Plan, lead, and execute the annual year-end audit process, including presentation of the final results to the Board Audit and Compliance Committee
Provide analytical support to executive leadership, including development of internal management reporting capabilities
Lead the annual budget planning process and collaborate on the annual strategic plan
Lead the interpretation of US GAAP and IFRS and ensure compliance, including researching new accounting regulations and preparing resolution memos for management
Oversee the preparation of internal and external financial reporting to ensure they are prepared in accordance with generally accepted accounting principles and the accounting process conforms to a reasonable standard of internal control
Oversee the preparation of reporting packages for the BILH Board, Finance, Investment, and Audit Committees including draft agendas and meeting minutes
Evaluate financial, Accounting and Payroll system applications, and lead optimization efforts
Lead implementation efforts of new software in partnership with IT when those solutions are needed
Make recommendations for changes in financial operations
Improve administrative and operational accounting and payroll services
Help lead the productivity and position control efforts across BILH including review of System Services spend
Advise the Chief Financial Officer and other key members of the executive leadership team on financial planning, accounting, accounts payable, payroll, cash flow, and policy matters
Attends the Board Audit and Finance Committee; effectively communicates and presents financial updates at the Committee meetings
Maintains continuous lines of communication, keeping the Chief Financial Officer informed of all critical matters
Represents the organization externally, as necessary, particularly Accounting, Audit and Payroll matters
Ensures staff members receive timely and appropriate training and development
Establishes and monitors staff performance and development goals, assigns accountabilities, sets objectives, establishes priorities, and conducts annual performance appraisals
Performs other duties and assignments at the direction of the Chief Financial Officer
Qualification
Required
Bachelor's Degree in Accounting, Finance or Business Administration
Minimum 7 to 10 years' Accounting/Finance experience within health care institution or with a public accounting firm with extensive experience with health care clients
Minimum of 5 years' experience at a corporate level in a high-level leadership role
Certified Public Accountability (CPA) license
Certified Management Accountant (CMA) license
Documented work experience gained through five or more years leading a healthcare accounting function at the VP, Controller or CFO level
Ability to maintain confidentiality of information acquired pertaining to financial, legal, and patient and employee records
Proven track record of creative problem-solving and change management in a high-volume mission driven organization
Preferred
Master's in Accounting, Finance or Business Administration
Benefits
Performance-based incentive bonuses
Company
Beth Israel Lahey Health
Beth Israel Lahey Health Center offers patient care, urgent care, assisted living, and research and education services.
Funding
Current Stage
Late StageRecent News
2026-01-25
Boston Globe
2025-11-24
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