Manager, Financial Reporting and Analysis

Manager, Financial Reporting and Analysis

Chicago, IL (Hybrid)

The American Medical Association (AMA) is the nation's largest professional Association of physicians and a non-profit organization. We are a unifying voice and powerful ally for America's physicians, the patients they care for, and the promise of a healthier nation. To be part of the AMA is to be part of our Mission to promote the art and science of medicine and the betterment of public health.

We continuously work to embed equity in our internal practices and are committed to increasing the diversity of our staff across all levels of the organization. We intentionally work to create the right conditions to enable our employees to feel that they can be their authentic selves and fully participate in the life of the enterprise.

We encourage and support professional development for our employees, and we are dedicated to social responsibility. We invite you to learn more about us and we look forward to getting to know you.

We have an opportunity at our corporate offices in Chicago for a Manager, Financial Reporting and Analysis on our Finance team. This is a hybrid position reporting into our Chicago, IL office, requiring 3 days a week in the office.

As a Manager, Financial Reporting and Analysis you will b responsible for AMA's external financial reporting including managingand/or performing all financial functions associated with monthly/annualrevenue analysis and designing and documenting internal control. Oversee monthly/annualexternal reporting, forecast and annual budgets for the AMA, AMA InsuranceAgency and Health2047 & Subsidiaries. This role will lead the externalreporting process, prepare financial statements and disclosures, includingMD&A, and develop statistical and financial analysisof reports and data.

RESPONSIBILITIES:

Financial Reporting & Analysis

• Consolidate financial results ensuring expenses and revenues from all AMA areas have been recorded accurately and timely
• Manage the monthly/annual external reporting function; lead the preparation of all financial statements and footnote disclosures, as well as MD&A
• Ensure proper accounting/reporting of minority (non-controlling) interest; monitor, and update the Health2047, Inc. capital structure for spinout companies
• Supports preparation of the annual report, including management's discussion and analysis, highlights and related financial pages
• Compile monthly financial book for distribution to senior management and the Board and prepare PowerPoint presentations for use at the Finance Committee meetings
• Perform quarterly financial review, analysis, preparation, and reporting of financial data and trends for assigned business areas; maintain and deliver revenue forecast and budget analysis
• Meet regularly with personnel outside of Finance to review and interpret their area's financial statement

Annual Budget

• Consolidate and analyze preliminary submissions, identify relevant variances, and pursue explanations of financial results for unusual items following up with departments for explanation
• Prepare review documents for use by senior management in reviewing each area's budget
• Prepare internal budget book for distribution to senior management and the board for final approval and PowerPoint presentations for use at the Finance Committee budget meeting
• Prepare external budget book for distribution to AMA's House of Delegates

Cost Allocation

• Monitor cost allocation methodologies and guidelines; lead allocations and recommend modifications
• Coordinate with AMA units to ensure accuracy of metrics and concise documentation of the allocation methodology; create and maintain automated monthly routine allocations, review and update calculations annually

Staff Management

• Lead, mentor, and educate assigned staff; set direction, objectives, and project priorities; evaluate staff performance

May include other responsibilities as assigned

REQUIREMENTS:

1. Bachelor'sDegree in Accounting or similar field required; CPA preferred, MBA a plus.
2. Minimum 5+ years' experience in accounting and financial reporting required.
3. Supervisory/management experience preferred; able to grow and mentor staff.
4. Expert analytical and technical skills including proficiency in U.S. Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) rules and standards.
5. Demonstrated proficiency of equity method accounting and consolidations (including non-controlling interest).
6. Highly knowledgeable on current U.S. generally accepted accounting principles, including SEC, FASB, and EITF rules.
7. Skilled in use of personal computers and relevant software packages; in particular, Hyperion software applications, Microsoft Office (Word, Excel, Power Point and Access), Lawson and Blackline.
8. Demonstrated strong analytical and critical thinking skills.
9. Strong interpersonal skills; demonstrated ability to develop and sustain cross-functional relationships across the organization.
10. Strong oral and written communications skills with the ability to express complex business concepts effectively; strong presentation skills required to evangelize systems and processes; prepares written business documents that are professional.

The American Medical Association is located at 330 N. Wabash Avenue, Chicago, IL 60611 and is convenient to all public transportation in Chicago.

We are an equal opportunity employer, committed to diversity in our workforce. All qualified applicants will receive consideration for employment. As an EOE/AA employer, the American Medical Association will not discriminate in its employment practices due to an applicant's race, color, religion, sex, age, national origin, sexual orientation, gender identity and veteran or disability status.

THE AMA IS COMMITTED TO IMPROVING THE HEALTH OF THE NATION