Manager, Balance Sheet Management

At Lifepoint Health, we are committed to empowering and supporting a diverse and determined workforce who can drive quality, scalability, and significant impact across our hospitals and communities. As a member of the Lifepoint Business Services (LBS) team, you’ll support those that are in our facilities who are interfacing and providing care to our patients and community members to positively impact our mission of making communities healthier ®.

More about our team

Our Balance Sheet Management team plays a critical role in ensuring the accuracy and integrity of financial reporting across more than 80 hospitals within Lifepoint’s shared services organization. As we continue to evolve and modernize our finance operations, we’re focused on process improvement, automation, and leveraging emerging technologies to build a more scalable and efficient future. This is an opportunity to lead a talented team while helping shape the next generation of finance operations through innovation and continuous improvement.

How you’ll contribute

A Manager who excels in this role:

• Lead and develop a team of approximately 15-20 Staff Accountants responsible for balance sheet reconciliations across a large portfolio of hospitals within a centralized shared services environment.
• Ensure timely and accurate completion of monthly balance sheet reconciliations, including full account substantiation, appropriate aging, and resolution of reconciling items in accordance with company policy.
• Review complex account reconciliations and provide technical guidance to support accurate financial reporting and issue resolution.
• Monitor team productivity, quality, and month-end close deliverables through daily reporting and performance metrics.
• Partner with Site Liaisons, hospital CFOs, Technical Accounting, and other cross-functional teams to ensure balance sheet accounts are appropriately supported and reconciled.
• Lead continuous improvement initiatives focused on standardization, automation, scalability, and operational efficiency across reconciliation processes.
• Analyze general ledger activity, journal entries, and subledger transactions to research and resolve reconciliation variances.
• Utilize Oracle ERP, Oracle Account Reconciliation Cloud (ARC), OTBI reporting, Excel, and other technology solutions to improve operational effectiveness.
• Champion the adoption of AI and emerging technologies to streamline workflows and enhance team efficiency.
• Ensure compliance with GAAP, company accounting policies, and healthcare regulatory requirements.
• Recruit, coach, develop, and mentor team members while fostering accountability, collaboration, and professional growth.
• Support department initiatives, organizational transformation efforts, and other special projects as assigned.

Applicants should have a bachelor’s degree in accounting or finance. Additional qualifications include, * 5+ years of progressive accounting or finance experience, preferably within healthcare.

• Previous experience leading or managing accounting teams required.
• Strong background in balance sheet reconciliations, account analysis, and month-end close activities.
• Experience working in a shared services or centralized accounting environment preferred.
• Demonstrated success leading process improvement, standardization, or automation initiatives.
• Experience with Oracle ERP required; Oracle Account Reconciliation Cloud (ARC) experience strongly preferred.
• Experience leveraging reporting tools such as OTBI, Power BI, or similar analytics platforms preferred.

Knowledge, Skills & Abilities

• Strong understanding of GAAP and financial statement analysis.
• Advanced Excel skills with the ability to analyze large data sets and improve reporting processes.
• Proven ability to identify process improvement opportunities and implement scalable solutions.
• Comfortable leveraging AI and emerging technologies to improve efficiency and operational effectiveness.
• Strong analytical, organizational, and problem-solving skills with exceptional attention to detail.
• Excellent communication and relationship-building skills, with the ability to collaborate across finance and operational teams.
• Demonstrated ability to coach, mentor, and develop high-performing teams while fostering accountability and ownership.
• Ability to manage competing priorities and perform effectively in a fast-paced month-end close environment., You must be authorized to work in the United States without employer sponsorship.

2.92.9 out of 5 stars Tennessee Remote $74,948 - $103,803 a year - Full-time, Pulled from the full job description

• Loan assistance
• Tuition reimbursement
• Health insurance
• 401(k) matching
• Paid time off
• Employee discount
• Vision insurance, We believe that investing in our employees is the first step to providing excellent patient care. In addition to your base compensation, this position also offers:
• Comprehensive Benefits: Multiple levels of medical, dental and vision coverage for full-time and part-time employees.
• Financial Protection & PTO: Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability, paid family leave and paid time off.
• Financial & Career Growth: Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.
• Employee Well-being: Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).
• Professional Development: Ongoing learning and career advancement opportunities.

Salary Range: $74,948 - $103,803 per year.

EEOC Statement

Lifepoint Health is an Equal Opportunity Employer. Lifepoint Health is committed to Equal Employment Opportunity for all applicants and employees and complies with all applicable laws prohibiting discrimination and harassment in employment.

We employ and provide care to people from all walks of life. We are committed to promoting healing, providing hope, preserving dignity and producing value with an inclusive workforce in which diversity is leveraged, respected, and reflective of the patients, family members, customers and team members we serve.Lifepoint Health is a leader in community-based care and driven by a mission of Making Communities Healthier. Our diversified healthcare delivery network spans 29 states and includes 63 community hospital campuses, 32 rehabilitation and behavioral health hospitals, and more than 170 additional sites of care across the healthcare continuum, such as acute rehabilitation units, outpatient centers and post-acute care facilities. We believe that success is achieved through talented people. We want to create places where employees want to work, with opportunities to pursue meaningful and satisfying careers that truly make a difference in communities across the country.