Financial Reporting Director

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POSITION SUMMARY : The Financial Reporting Director serves as an authoritative accounting expert for Boston Medical Center, ensuring the accuracy, integrity, and timeliness of all external and internal financial reporting functions across the organization. Reporting to the VP Controller, this role operates with significant independence and exercises direct supervisory responsibility over the Senior Accountant - Financial Reporting. Externally, the Director works with the Controller to oversee the organization's audit engagements, nonprofit tax compliance at the federal and state levels, bond reporting, ratings agency interactions, and CHIA submissions. Internally, the Director leads consolidated month-end close reporting, supports the development of Board and Committee financial materials, and establishes and maintains accounting policies in accordance with US GAAP. This position collaborates closely with the Accounting, Treasury, Finance, Development, and Leadership teams and has broad impact on the organization's financial credibility, regulatory compliance, and reporting infrastructure. Position : Financial Reporting Director Department : Accounting Schedule : Full Time ESSENTIAL DUTIES & RESPONSIBLITIES : External Audit Management: Serves as the primary point of contact for external auditors; leads the planning, coordination, and timely completion of the annual consolidated system audit and all ancillary audits. Ensures audit deliverables are complete and accurate, and that underlying books, records, and supporting documentation are organized and provided to auditors throughout the engagement. (25% of time) Tax Compliance and Filing: Oversees the annual tax return calendar and ensures timely completion of all required tax filings, including annual 990s, state filings, and other miscellaneous returns. Coordinates directly with external tax advisors, facilitates provision of relevant financial records, reviews draft returns, and manages the review and approval process through final submission. (25% of time) Board and Committee Reporting: Prepares and contributes to financial materials for Board and Committee meetings and other internal leadership forums. Works to standardize reporting formats and automate report generation where possible to improve consistency and reduce manual efforts. (10% of time) External Financial Reporting: Coordinates quarterly and annual external bond reporting and CHIA reporting in partnership with treasury and entity finance teams. Prepares and reviews financial data used for ratings agency presentations and state government outreach, ensuring accuracy and timeliness of all external-facing financial communications. (10% of time) Consolidated Monthly Close and Internal Reporting: Leads consolidated monthly close reporting in coordination with subsidiary entities, the budget team, and finance functions. Reviews month-end results for accuracy and drives ongoing improvements to the close process for greater efficiency and effectiveness. (10% of time) Technical Accounting Advisory: Functions as a system-wide technical accounting resource, interpreting and communicating the appropriate US GAAP treatment for complex transactions, new business activities, and significant one-time events. Partners with operational and finance teams to ensure accounting positions are consistently and correctly applied. (5% of time) Internal Controls and Risk Management: Maintains effective control procedures across all financial reporting and tax processes. Partners with accounting and operational areas to identify control gaps, formalize process and control documentation, and implement improvements that reduce risk and strengthen the internal control environment. (10% of time) Process and Technology Improvement: Continuously identifies opportunities to improve the efficiency and effectiveness of financial reporting, audit, and tax functions through process redesign and technology enablement. Evaluates and implements tools or system enhancements that reduce manual effort and improve output quality. (5% of time) (The above statements in this job description are intended to depict the general nature and level of work assigned to the employee(s) in this job. The above is not intended to represent an exhaustive list of accountable duties and responsibilities required) JOB REQUIREMENTS EDUCATION AND EXPERIENCE: Bachelor's degree in Accounting, Finance, or related field and a minimum of 7 years of related experience in financial reporting, external audit coordination, or tax compliance; or equivalent combination of education and experience, required. PREFERRED EDUCATION AND EXPERIENCE: Master's Degree Experience with accounting software, inter-fund accounting for subsidiary entities; nonprofit accounting CERTIFICATIONS, LICENSES, REGISTRATIONS: Certified Public Accountant (CPA) KNOWLEDGE, SKILLS & ABILITIES (KSAs): Knowledge of US Generally Accepted Accounting Principles (GAAP) as applied to co

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