Senior Accountant

RESPONSIBILITIES AND DUTIES:

ESSENTIAL JOB FUNCTIONS:

• Identifies and solves issues that are raised by the Vice President of Finance, Accounting Manager and accounting staff and brings issues and corrective action plan resolutions to the Vice President of Finance, as needed.
• Performs internal audits as requested by the Vice President of Finance or CFO on various financial transactions, activities, and reconciliations.  Develop and present conclusions to the Vice President of Finance or appropriate member of management.  When findings are identified, present recommended steps to resolve those issues.  Internal audits should follow the standards as described by the Institute of Internal Auditors.
• Assists with monthly/yearly audit processes as directed by the Vice President of Finance or CFO and serve as the lead for various external financial audits, responsible for preparing, collecting, reviewing, and providing auditors with requested schedules.   
• Responsible for the management of the fixed asset system including the maintenance of assets, depreciation schedules and reconciliation of the fixed asset detail to the general ledger.  Monitor and update fixed assets for additions, determination of useful lives of new assets placed in service, retiring of assets that have been sold or disposed of and making or reviewing the appropriate journal entries to write off any remaining depreciation and recording the gain/loss, as necessary.  Prepares monthly reports and quarterly roll forward reports.
• Prepare and/or review entries to reclassify assets “held for sale” as needed.
• Prepare, monitor, reconcile and/or review the work of others for the Work In Progress accounts to track projects not yet completed by work order number and reclassifying completed projects to the appropriate fixed asset account when completed so they can be placed in service and depreciated.
• Assists with the compiling of month-end and year-end closing activities including accruals, balance sheet account reconciliations, and journal entries as requested.
• Prepare monthly participant medical claims accrual.
• On a monthly basis prepare a roll forward of the investment portfolio to include purchases and sales for cash flow reporting and investment performance/returns by nature of earnings, i.e., interest, dividends, or changes in value.   
• Assists with preparation of monthly/yearly financial package for the board packet.
• Based on accounting department needs may be requested to support accounting staff responsible for payroll general ledger files, mapping and journal entries, review payroll expense transactions and analytics for bi-weekly payroll processing.
• Assists with training new hires in how to process mileage and expense reimbursement through current software system as needed.
• Reviews the weekly processing of medical claims payments by third party or internal processors for accuracy as requested.
• Participates in developing the annual operating budget and performs training as needed.
• Assists the Vice President of Finance, Accounting Manager or CFO with compiling and analyzing data for reports and special projects, as requested.
• Assists with the accounts payable (including credit card transactions) processes, including assisting with staff questions and vendor issues, review batches for invoice coding and supporting documentation for accuracy and completeness and review of accounts in the general ledger.
• Performs various general ledger account reconciliations and bank reconciliations.
• Prepare monthly (or as needed) analysis of IBNR (incurred but not recorded) participant medical claims and employee health insurance claims.  Prepare journal entries to adjust as needed.
• Collaborate with the Vice President of Finance in development of the annual Part D bid for Medicare.
• Prepare annual CAM analysis reports on rental properties as requested by the Vice President of Finance.
• Assist with procedures and processes involved with monthly close.
• Assist with preparation of annual survey and census documents as requested by the Vice President of Finance.
• Contributes to the accounting department processes and procedures and on-going maintenance of the departmental GL Users Guide as requested by the Vice President of Finance to ensure standard practices are documented and easily accessible to other members of the team.
• Other duties as assigned.

KEY PERFORMANCE INDICATORS:

• Coordinate quarterly budget reviews with managers and supervisors with a goal of having a visit with every manager at least once yearly.
• Complete the Fixed Asset Roll forward quarterly, to be completed within 30 days following the end of the quarter.
• Complete a roll forward of investments within 20 days of the end of the month including the elements described above.
• Complete general ledger account reconciliations by the fifteenth of the following month after month-end close.

• Bachelor’s degree in accounting or related field required.
• Background in healthcare industry preferred.
• Knowledge of GAAP for non-profit entities and GAAS standards.
• Minimum of 5 years of experience in a variety of accounting roles including auditing, A/R, A/P, payroll, general ledger, budgeting, and financial statement preparation.
• Experience with medical claims for Medicaid and Medicare strongly preferred.
• Experience with training others on the practices and processes of accounting preferred.
• Intermediate skills in Excel and other Microsoft Office Applications required.
• Strong verbal and written communication skills.