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General Summary of Position
Leads/supervises a team of accountants under the direction of an Accounting Manager to provide generalized accounting and finance support on the coordination and completion of financial reporting within MedStar's various business units. Supported business units include acute care community hospitals, academic hospitals with extensive residency programs, research programs, and academic affiliations, post-acute care providers, physician groups, and specialized allied healthcare providers.
Primary Duties and Responsibilities
Accountable for analyzing trial balance for errors and omissions in order to report business units financial position accurately.Accountable for providing internal financial statements to manager and other financial staff as well as division heads.Assists in training, orienting, and developing staff accountants. Develops standards of performance and accounting practices for staff, evaluates performance within the prescribed time frame, and conducts performance management planning.Communicates accounting policies and procedures effectively to all tiers of management and effectively documents these procedures in writing.Contributes to the achievement of established department goals and objectives and adheres to department policies, procedures, quality standards and safety standards. Complies with governmental and accreditation regulations.Critically analyzes submitted data for completeness, accuracy, reasonableness and incorporation of corporate initiatives.Identifies accounting issues in the performance of duties. Recommends process improvements to department management.Participates in meetings and on committees and represents the department and MedStar in community outreach efforts as required.Performs monthly analytical review of income statement to actual to budget analysis and trend analysis for managers review.Remains current on the latest relevant accounting and healthcare issues, including governmental regulations and procedures.Responsible for compiling reconciliations and ad-hoc requests for the external auditors during the annual and interim audits.Responsible for directing the month-end close function for their assigned team.Responsible for reviewing all activity in balance sheet accounts as prepared by staff accountants on a monthly basis.Responsible for reviewing all monthly closing entries consisting of standard prepaid entries, accrual entries and other types of entries from assigned business unit on a monthly basis as prepared by staff accountants.Reviews monthly account reconciliations and account analysis, prepared by staff accountants.Works with staff accountants to develop and attain annual performance goals. Conducts mid-year and annual performance reviews of staff accountants.
Minimum Qualifications
Education
- Bachelor's degree in Accounting, Finance, required or
- related field. required
Experience
- 3-4 years 4 years accounting or financial analysis in a public or private accounting setting, preferably in a multi-entity setting. required
Licenses and Certifications
- CPA (Certified Public Accountant) certification preferred or
- working towards CPA license preferred
Knowledge, Skills, and Abilities
- Technical knowledge of GAAP.
- Ability to apply accounting guidance.
- Knowledge of accounting systems and ERP systems, PeopleSoft preferred.
- Advanced skills in Microsoft Excel with the ability to summarize a significant amount of data accurately, perform various data-mining tasks and ad-hoc reporting for senior management.
- Working knowledge of Microsoft Access and PowerPoint applications.
- Excellent written and verbal communication skills with the ability to communicate timely and effectively with various levels inside and outside of the organization.
- Works effectively in a complex and fast paced corporate culture and shared services environment.
- Ability to multi-task and prioritize all assigned tasks in an effective manner.
#LI-Remote
This position has a hiring range of $70,428 - $124,467
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MedStar Health
Nov 08, 2024