SR Accountant

Position Highlights:

• Assists in the preparation/maintenance of the general ledger to support accurate and timely financial data flows through the financial statement process. Performs research and analysis of financial statement activity. Handles high volume of transactions, prepares complex account reconciliations and has significant involvement in the monthly general ledger closing process with specific emphasis on Foundation, Cash, Investment, Benefit, Construction in Progress, Debt or Benefit related activity/analysis (as assigned). Provides support for the annual external audit.

Responsibilities:

• Assist the Director of Accounting, Manager of Accounting Financial Reporting, and the General Ledger Supervisor in the monthly general ledger closing process by performing the following as assigned: ensures all assigned journal entries are accurately completed in accordance with the time frames listed on the monthly closing calendar, develops a good understanding of all assigned income statement accounts and performs financial analysis for assigned accounts, documents and explains all significant variances based on trends, statistics and other transactions applicable to the account. Reviews departmental revenue and expense accounts as requested. Has an in-depth understanding of the Center's policies and procedures and is able to provide guidance for related accounting issues
• Performs account reconciliations for assigned balance sheet accounts on a monthly basis per the time frames indicated on the monthly closing calendar. All unidentified items are to be reviewed with the General Ledger Supervisor and/or the Manager of Accounting Financial Reporting on a timely basis to allow for timely resolution. Errors are to be corrected as part of the following months closing process. Works with other Cancer Center departments to resolve and improve errors/problems identified as part of the reconciliation process.
• Ensures all audit schedules for assigned accounts are accurately prepared and meet the requirements of the auditors. All schedules are to be completed by the time frame listed on the audit calendar to ensure a well-organized and timely audit
• Be able to utilize these systems effectively to perform account analysis, system balancing and monthly processing. Ensure integrity of data to support financial reporting. Continually challenges Accounting processes and recommends improvements to the General Ledger Supervisor and Manager of Accounting Financial Reporting. Maintains knowledge of accounting rules and regulations. Keeps current with health care industry issues and applies them to daily and monthly work as necessary.
• Reviews monthly journal entries related to cash activity for the Parent, Hospital, Foundation, and MMG. Complete monthly reconciliations for Foundation, Operating, Research, and credit card accounts. Prepares monthly journal entries related to investment activity for Hospital, Parent and Foundation including interest income, realized & unrealized gains/losses and fees. Complete monthly reconciliations for investment accounts. Identifies and resolves any discrepancies identified in a timely manner. Analyzes investment activity and provides supporting schedules for market value and quarterly disclosure support.
• Ensure that all required transactions, account reconciliations/analysis associated with Foundation are completed in accordance with calendar. Perform monthly reconciliation of gift annuity balances for proper valuation on financial statements. Prepares monthly fund availability report to Foundation staff for distribution to Accountable Officers. Reviews Raisers Edge interface file for reasonableness and balancing prior to posting in Lawson. Coordinates with Foundations' Director of Operations and Financial Services to confirm that pledges have been properly recorded/discounted for accurate recording in Lawson. Monitors Foundation restriction classification.
• Areas of emphasis primarily include preparation of various schedules/entries for significant financial statement components related to hospital and physician group accounts receivable and contractual adjustments.
• Ensure all required transactions (as assigned) are recorded for the month through system interfaces or the preparation of journal entries. Reconcile all construction-in-progress accounts on a monthly basis. Calculate and capitalize interest in accordance with FASB 62 and 34. Provide supporting documentation to Trustee for construction fund payments. Provide reports on progress of construction projects reconciled to activities system. Provide required information to fixed asset accountant to ensure that all internal computer software costs and other capital assets are properly recorded in accordance with GAAP. Verify that all construction costs are allowable in accordance with State laws related to the Cigarette Tax legislation projects. Ensure all construction costs are properly recorded, componentized, and depreciated as long-lived assets in accordance with GAAP as recommended by the American Hospital Association on a timely basis. Monitor and initiate transfer of monthly Cigarette Tax receipts from the State to the Trustee and/or investment accounts
• all construction costs are properly recorded, componentized, and depreciated as long-lived assets in accordance with GAAP as recommended by the American Hospital Association on a timely basis. Monitor and initiate transfer of monthly Cigarette Tax receipts from the State to the Trustee and/or investment accounts

Credentials and Experience:

• Bachelor’s Degree – field of study: Accounting or directly related
• four (4) years previous accounting experience

Preferred Experience:

• Previous hospital or foundation experience preferred.
• Experience with Lawson preferred.