ImageFIRST

Director of Corporate Accounting

Job Locations US-PA-King of Prussia
Job Post Information* : Posted Date 2 months ago(6/24/2022 3:24 PM)
ID
2022-3063
Category
Finance and Admin
Type
Regular Full-Time

Overview

Now is the time to make a difference.  At ImageFIRST, we want you to bring your unique perspectives, experiences, and ideas so we can grow and drive impactful, sustainable change together.  Founded in 1967, ImageFIRST® is the largest and fastest-growing national linen rental and laundry service specializing in the healthcare market. ImageFIRST has more than 60 locations nationwide serving over 18,000 medical facilities every week providing linen, patient gowns, scrubs, and more while managing their clients’ linen inventory for cost management. With a customer retention rate of over 95%, ImageFIRST is dedicated to improving patient satisfaction through quality products and remarkable service: their Comfort Care® line of gowns is proven to increase patients’ favorable perception of a facility by more than 50%.

 

ImageFIRST is composed of remarkable associates who reflect the unique diversity of our nation and the communities in which we serve. We are fortunate to have a set of Operating Principals that directs and guides us toward the right decisions and behaviors. Building upon this foundation, we are committed to working tirelessly to ensure that all ImageFIRST locations serve as safe and supportive environments where difficult conversations on racism, bias, prejudice, and discrimination can be held; both now and as our society continues to rapidly evolve.

 

Responsibilities & Qualifications

The Corporate Accounting Director reports into the VP of Finance/Controller. The ideal candidate will need to dive into the details, but also understand the greater picture. The Corporate Accounting Director must be able to multi-task and have a keen ability to prioritize. Strong leadership and communications skills are essential. Responsibilities include timely and accurate completion of month-end reporting, financial reporting integrity, account reconciliations, audit preparation, and other related accounting duties. They will be responsible for managing the growing corporate accounting department including monthly close and consolidation, as well as technical accounting and reporting. The role will also spearhead corporate initiatives to help standardize and implement accounting disciplines across the company. The position interacts extensively with the Executives, FP&A, IT, Tax, External Auditors, General Managers, and other Plant Operational Leaders to ensure common accounting policies and procedures are adopted within all areas.

 

The Corporate Accounting Director will both (1) have an in-depth knowledge of and (2) ensure accuracy of all financial results and compliance with, US GAAP and will have the ability to apply standard principles, theories, concepts, and techniques as well as make complex decisions. The Corporate Accounting Director will be responsible for managing and supervising a team.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Work directly with Field Accounting Controller, Staff Accountants and General Managers in the coordination of monthly close activities to ensure a timely and accurate close in accordance with US GAAP.
  • Partner and collaborate with FP&A for annual, quarterly, and monthly financial review, forecasting and budgeting processes.
  • Initiate, support and execute month-end, quarter-end and year-end accounting close process supporting the preparation of reporting packages and financial statements in compliance with US GAAP.
  • Responsible for updating and sending out monthly close schedules, reviewing field submissions and that all monthly check list items have been appropriately completed and reviewed.
  • Implement process improvements to streamline the monthly close, reduce cycle time and improve information quality.
  • High level review of all locations monthly trial balances for trend and flux analysis and balance sheet accounts’ reconciliations, as well as Inventory capitalization reconciliation ensuring proper application of cost accounting principles.
  • Collaborate with other functions to drive process improvements and efficiencies. Design and oversee implementation of process and control improvements.
  • Assist with interim and year-end audit preparation and serve as a key point of contact for external auditors.
  • Assist in the coordination of external audit, working with the audit team to supply the appropriate information; as well as supplying requested documents for the Company’s tax preparation.
  • Assist with M&A integration, valuation reviews, and purchase accounting for newly acquired companies as needed. Implement accounting processes for newly acquired companies and work to streamline and improve processes.
  • Assist with the implementation of new accounting standards and ensure they are consistently and accurately applied.
  • Assist the Field Controller with overseeing the internal controls process, identify control deficiencies and determine corrective action plans. Monitor implementation of corrective actions for remediation of deficiencies.
  • Review and approve complex journal entries including allocation entries, accruals, deferred revenue, prepaid amortizations, intercompany entries, etc.
  • Coordinate and consolidate vendor rebate programs and ensure that the rebates are tracked and recorded properly in coordination with the procurement team.
  • Ensure consistent classification of accounting transactions across all locations.
  • Maintain records of all financial documents with appropriate supporting material records, as necessary.
  • Perform other financial analysis as needed and provides recommendations as required.

 

MINIMUM SKILLS, KNOWLEDGE AND ABILITY REQUIREMENTS:

  • Accounting experience in a manufacturing or distribution environment is preferred.
  • Extensive experience with multi-location organizations, ability to work effectively with remote locations.
  • Comprehensive knowledge of US GAAP and other statutory requirements.
  • Must be highly analytical and able to clearly convey those analytics to others.
  • Strong proficiency in Microsoft Word, Excel and Outlook is required.
  • Possess strong working knowledge of ERP systems and accounting sub ledgers.
  • Must be detail oriented with strong organizational skills.
  • Require a strong team player who can also work with minimal supervision.
  • Passionate about timeliness/commitment to deadlines and accuracy, particularly with respect to our consolidation/financial reporting.
  • Solid communication and interpersonal skills with ability to communicate effectively at and across all levels within the organization and external service providers.

Company Values & Benefits

ImageFIRST employees are expected to:

  • Be Respectful: Value all we come in contact with
  • Be Remarkable: Create a positive moment with every interaction
  • Be Safe: Keep ourselves and those around us safe
  • Be Honest: Be guided by truthfulness in all we do  

Benefits:

  • Competitive pay
  • Medical, Dental, Vision
  • 401k (match)
  • Paid Time Off Package
  • Great company culture
  • Collaborative team environment 

EOE / Drug-Free Workplace 

 

We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by applicable law.  We are fueled by the talent, passion, and diversity of our associates.

 

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