1

Fasb Financial Accounting Standards Board Jobs in Rio Rancho, NM

Professional Intern

Albuquerque, NM ยท On-site

$14.50 - $19.50/hr

The intern will gain experience in preparing and submitting research proposals, handling financial documentation, and ensuring compliance with accounting standards. They will also assist in the ...

Accountant 2

Albuquerque, NM ยท On-site

$56K - $73K/yr

Position requires preparing financial reports, statements, and projections using standard and fund accounting principles, methods and applications on an automated accounting system or spreadsheets ...

Manage core month-end accounting tasks, including preparing journal entries, reconciling accounts ... standards. * Coordinate with shared services teams to research posting issues, resolve ...

Finance Coordinator

Corrales, NM ยท Remote

$44K - $66K/yr

Financial Foundations: * Strong understanding of basic accounting principles. * Experience with ... Holds a high standard even when things are hectic. * Leaves things better than they found them.

Showing results 21-40

Fasb Financial Accounting Standards Board information

See Rio Rancho, NM salary details

$36.2K

$96.4K

$148.1K

How much do fasb financial accounting standards board jobs pay per year?

As of Aug 7, 2026, the average yearly pay for fasb financial accounting standards board in Rio Rancho, NM is $96,384.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,900.00 and $117,100.00 per year, depending on experience, location, and employer.

What is the Financial Accounting Standards Board (FASB)?

The Financial Accounting Standards Board (FASB) is an independent, private-sector organization responsible for establishing and improving financial accounting and reporting standards in the United States. These standards are known as Generally Accepted Accounting Principles (GAAP), which guide how companies prepare their financial statements. The FASB aims to ensure transparency, consistency, and usefulness of financial information for investors, creditors, and other stakeholders. It operates under the oversight of the Financial Accounting Foundation (FAF) and regularly issues updates to adapt to changes in the business environment.

What are some common challenges faced by professionals working at the Financial Accounting Standards Board (FASB)?

Professionals at the FASB often encounter the challenge of balancing diverse stakeholder interests, such as those of investors, auditors, and preparers, when developing or updating accounting standards. The work requires thorough research, consensus-building, and the ability to communicate complex concepts clearly both internally and externally. Additionally, staying up-to-date with evolving financial reporting practices and global accounting trends is essential, making adaptability and ongoing professional development important aspects of the role.

What is the difference between Fasb Financial Accounting Standards Board vs Certified Public Accountant?

AspectFasb Financial Accounting Standards BoardCertified Public Accountant
Primary RoleSets accounting standards and principlesProvides accounting, auditing, and tax services
CredentialsNo specific certification requiredRequires CPA license and certifications
Work EnvironmentRegulatory and standard-setting bodiesAccounting firms, corporations, government agencies
Industry UsageDevelops standards used nationwideApplies standards in practice for clients and employers

Fasb Financial Accounting Standards Board focuses on establishing accounting standards, while Certified Public Accountants implement these standards through auditing, consulting, and tax services. Both play vital roles in the accounting industry but serve different functions within the financial ecosystem.

What are the key skills and qualifications needed to thrive as a Financial Accounting Standards Board (FASB) member?

To thrive as a FASB member, you need deep expertise in accounting principles, financial reporting, and regulatory compliance, typically backed by a CPA license and relevant advanced degrees. Familiarity with accounting standards, financial analysis software, and regulatory frameworks like GAAP is essential. Strong analytical thinking, consensus-building, and clear communication skills help members evaluate complex issues and work collaboratively. These skills ensure the development of high-quality accounting standards that serve stakeholders and maintain public trust in financial reporting.
What job categories do people searching Fasb Financial Accounting Standards Board jobs in Rio Rancho, NM look for? The top searched job categories for Fasb Financial Accounting Standards Board jobs in Rio Rancho, NM are:
What cities near Rio Rancho, NM are hiring for Fasb Financial Accounting Standards Board jobs? Cities near Rio Rancho, NM with the most Fasb Financial Accounting Standards Board job openings:

Controller - Valencia County Hospital

Community Hospital Corporation

Los Lunas, NM โ€ข On-site

$100K - $125K/yr

Full-time

PTO

Posted 28 days ago


Job description

The Hospital Controller oversees all accounting operations of the hospital, including financial reporting, general ledger, accounts payable, accounts receivable, payroll accounting, fixed assets, cash management, internal controls, and financial compliance. The Controller ensures financial statements are prepared accurately and timely in accordance with Generally Accepted Accounting Principles (GAAP), healthcare regulations, and organizational policies.
Major Responsibilities:
Financial Management
  • Direct all hospital accounting operations.
  • Maintain the general ledger.
  • Oversee monthly, quarterly, and annual financial close processes.
  • Prepare accurate financial statements.
  • Ensure timely reporting to executive leadership and the Board.
  • Analyze financial performance and identify trends.
  • Maintain chart of accounts.

Financial Reporting
  • Prepare:
    • Balance Sheet
    • Income Statement
    • Statement of Cash Flows
    • Budget-to-Actual reports
    • Departmental financial reports
    • Productivity reports
    • Capital expenditure reports
  • Ensure reporting deadlines are met.
  • Prepare supporting schedules for audits.

General Accounting
Oversee:
  • Journal entries
  • Reconciliations
  • Accruals
  • Fixed asset accounting
  • Depreciation
  • Intercompany transactions
  • Inventory accounting
  • Bank reconciliations

Revenue and Expense Accounting
Coordinate accounting for:
  • Patient revenue
  • Contractual allowances
  • Charity care
  • Bad debt
  • Payroll expenses
  • Benefits
  • Physician compensation
  • Grants
  • Restricted funds

Accounts Payable
Supervise:
  • Vendor payments
  • Invoice processing
  • Check runs
  • Electronic payments
  • Vendor reconciliation
  • 1099 reporting
  • Payment controls

Payroll Accounting
Coordinate payroll accounting by ensuring:
  • Payroll reconciliations
  • Payroll journal entries
  • Benefit accruals
  • PTO accruals
  • Payroll tax accounting

Budget Support
Assist the CFO with:
  • Annual operating budget
  • Capital budget
  • Department budgets
  • Budget forecasting
  • Variance analysis

Internal Controls
Assist CFO to develop and maintain internal controls over:
  • Cash handling
  • Purchasing
  • Disbursements
  • Payroll
  • Financial reporting
  • Asset safeguarding
  • Segregation of duties

Recommend process improvements.
Audit Coordination
Support CFO as accounting contact for:
  • External financial audits
  • Single audits (if applicable)
  • Medicare and Medicaid cost report support
  • Internal audits
  • State regulatory audits

Prepare audit schedules and supporting documentation
Regulatory Compliance
Ensure compliance with:
  • GAAP
  • Governmental Accounting Standards (if applicable)
  • CMS financial reporting requirements
  • Medicare reimbursement regulations
  • Medicaid reimbursement regulations
  • IRS requirements for nonprofit hospitals
  • State healthcare reporting requirements
  • Bond covenant reporting
  • Internal financial policies

Fixed Assets
Maintain accounting for:
  • Capital assets
  • Construction in progress
  • Depreciation schedules
  • Equipment acquisitions
  • Asset disposals
  • Capital project accounting

Financial Systems
Oversee accounting modules within the hospital ERP system.
Examples include:
  • General Ledger
  • Accounts Payable
  • Accounts Receivable
  • Fixed Assets
  • Payroll interface
  • Budget software
  • Financial reporting software
  • Work with Information Technology to optimize financial systems.

Leadership Responsibilities
  • Supervise accounting staff.
  • Recruit, train, coach, and evaluate employees.
  • Establish department goals.
  • Promote continuous process improvement.
  • Foster teamwork and accountability.
  • Develop succession plans.

Performance Improvement
Identify opportunities to improve:
  • Financial reporting efficiency
  • Closing timeline
  • Internal controls
  • Automation
  • Accounting workflows
  • Cost savings
  • Data accuracy

Knowledge
  • GAAP
  • Healthcare reimbursement
  • Medicare cost reporting
  • Medicaid reimbursement
  • Hospital finance
  • Internal controls
  • Budget development
  • Financial analysis
  • Fixed asset accounting
  • Treasury management
  • Payroll accounting
  • Tax reporting for healthcare organizations
  • Financial statement preparation
  • Audit standards

Key Performance Indicators (KPIs)
  • Timely month-end close
  • Accuracy of financial statements
  • Clean external audit results
  • Budget variance performance
  • Days to close the books
  • Internal control compliance
  • Timely regulatory reporting
  • Accounts payable processing accuracy
  • Balance sheet reconciliation completion
  • Staff productivity and retention
  • Financial reporting timeliness

Salary Range: 100,000 - 125,000
Valencia County Hospital is a new 15-bed acute care facility currently under construction in Los Lunas, NM. Owned by Valencia County and operated through a joint venture between Community Hospital Corporation (CHC) and Lovelace Health System, this startup represents a vital investment in rural healthcare and a unique opportunity to build clinical excellence from the ground up.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.