Director of Accounting/Controller

21001879 Requisition #

University of Iowa Hospitals & Clinics—recognized as one of the best hospitals in the United States—is Iowa's only comprehensive academic medical center and a regional referral center. Each day more than 12,000 employees, students, and volunteers work together to provide safe, quality health care and excellent service for our patients. Simply stated, our mission is:  Changing Medicine. Changing Lives.®

The university is located along the picturesque Iowa River in Iowa City, a city of some 77,000 people (170,000+ in the metro area) regularly ranked as one of the nation’s best places to live. Iowa City is less than four hours from Chicago and within five hours of Minneapolis, St. Louis, and Kansas City, readily accessible via interstate highways and a regional airport 30 minutes away. 

The Director of Accounting/Controller is responsible for the accounting, reporting, and control function activities for the University of Iowa Hospitals and Clinics, UI Physicians, the Carver College of Medicine, and University of Iowa Health Systems.

Position Responsibilities

  • Review, evaluate, interpret and direct the development of reports, statements and other data and operating results.
  • Serve as primary Accounting & Financial Reporting Org Contact for Health Care Orgs.
  • Review all Health Care org access to GL Journal Entry, WebCV, PayCV, cash handling policies, and quarterly review of PeopleSoft GL access.
  • Supervise and coordinate the reporting and accounting functions for all colleges and administrative units assigned.
  • Organize and monitor the monthly and fiscal year accounting closing and preparation of financial reports and provide accurate and timely consultation and advice to management or other units on campus.
  • Control and update the chart of accounts and coordinate account code monitoring and education.
  • Supervise the development, implementation and maintenance of general ledger information systems.
  • Manage preparation for year-end audits by CPA firm and state auditors.
  • Review, evaluate, interpret and develop reports, statements and other data and operating results. Report results to Collegiate Administrators, Hospital Administration, Executive Leadership, the University, rating agencies, and the Board of Regents for UIHC/UIP/CCOM. 
  • Provide technical assistance to administration and department directors interpreting and analyzing revenue, expense, asset, liability and fund balance information.
  • Develop complex financial accounting analysis.  Present and provide interpretations to senior management for impact to financial statements.
  • Provide technical assistance and consultation in response to requests from administration, major administrative units and departments regarding financial statements, variance analysis, and financial reporting.
  • Review strategies for financial planning to ensure they meet financial accounting and reporting rules and regulations.  
  • Serve on committees and maintain liaison with major administrative units.
  • Analyze and report financial information to the Assistant CFO and CFO. 
  • Review financial transactions for adherence to the financial policies, procedures and regulations of the University, state and federal and third party payers.
  • Interpret and analyze regulations of federal, state or other regulatory programs.
  • Interpret, analyze, and provide guidance on relevant pronouncements by the Governmental Accounting Standards Board (GASB), the Financial Accounting Standards Board (FASB) and other authoritative sources of accounting principles and practices.
  • Recommend changes in accounting policies and procedures based on changes in those standards. 
  • Prepare complex analytical reports in conjunction with the preparation of periodic and annual requests from the Board of Regents and/or senior administrative personnel. 
  • Direct and coordinate the year-end audits with Financial Statement Auditors (currently KPMG), State Auditors, University Accounting Services, and Central Administration.
  • Coordinate and supervise reporting to Standard & Poor's & Moody's rating agencies, audits, and special projects. 
  • Supervise the completion of the annual Sub-Certification for all of UI Health Care and direct follow-up where needed.
  • Provide all UIHC financial information for SEIU bargaining process.
  • Schedule staff activities for completion and review all assigned work for accuracy, timeliness, and completeness.
  • Schedule staff relative to financial reporting and accounting requirements.
  • Monitor and approve the release of financial information.
  • Supervise and coordinate the accounting functions for all colleges and administrative units assigned and act as final reviewer and approver for most financial transactions.
  • Oversee annual PeopleSoft GL updates. 
  • Maintain effective working relationships with faculty, staff, students and the public.
  • Perform supervisory functions including interviewing, selection, training, performance evaluation, salary determination, promotion and disciplinary action. 
  • Train and mentor new managers and financial analysts in our department and others regarding general ledger information and tools. 
  • Present financials and information about our department to various audiences across UI Health Care. 
  • Supervision and motivation of multiple cross-departmental staff teams.  

Education Requirements

A Master’s degree in Business Administration or Accounting or an equivalent combination of education and experience is required.  An active CPA license is required

Experience Requirements

5-7 years managerial experience

Expert knowledge of complex financial and statistical analysis and presentation

Demonstrated knowledge of accounting principles and applications

Excellent written and verbal communication skills

Demonstrated proficiency in computer software applications, i.e. Microsoft Office products

Desired Qualifications

Demonstrated job-related experience with and/or commitment to diversity in the work/academic environment

3-7 years of experience in health care accounting. Experience in an academic medical center is a plus

Experience with hospital/physician revenue and reimbursement accounting

Experience working in public accounting is preferred

Considerable knowledge of accounting principles, fiscal controls, management information systems, and data analysis


Application Process: In order to be considered, applicants must upload resume and cover letter and mark them as a “Relevant File” to the submission.

Job openings are posted for a minimum of 14 calendar days and may be removed from posting and filled any time after the original posting period has ended.

Successful candidates will be subject to a criminal background check. Up to 5 professional references will be requested at later step in the recruitment process.

Equal opportunity/affirmative action employer

The University of Iowa is an equal opportunity/affirmative action employer. All qualified applicants are encouraged to apply and will receive consideration for employment free from discrimination on the basis of race, creed, color, national origin, age, sex, pregnancy, sexual orientation, gender identity, genetic information, religion, associational preference, status as a qualified individual with a disability, or status as a protected veteran.

Persons with disabilities who need assistance or accommodations with the application or interview process may contact University Human Resources/Faculty and Staff Disability Services, (319) 335-2660 or  For jobs in UI Health care, please contact UI Health care Leave & Disability Administration at 319-356-7543.

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