Financial Accountant

# Financial Accountant

CHESHIRE, CT 06410

Education Level4 Year Degree
** General Description****:**
* ** Reconcile accounts as necessary along with General Ledger narration and analysis.**
* ** Maintain life-calc for LUF Income and FASB requirements.
** 1.
** Represents the facility at meeting as required by CFO
** 2.
** Knowledge of reimbursement criteria for both Medicare and Medicaid
** 3.
** Performs any other duties and responsibilities that may become necessary or as directed by Supervisor
** 1.
** Demonstrates neatness, accuracy and dependability.
** 2.
** Contributes, develops and carries out new ideas.
** 3.
** Demonstrates an ability to work with others.
** 4.
** Ability to work independently.
** 5.
** Ability to work in cost and time efficient manner.
** 6.
** Teaches skills and knowledge to new staff.
** 7.
** Wears appropriate clothing/uniform.  Appearance is neat and well kept.
** 8.
** Relates well with residents; is friendly and pleasant.
** 9.
** Demonstrates good safety habits—uses equipment appropriately.
** 10.
** Attendance/punctuality—comes to work when scheduled and on time.
** 11.
** Attends required in-services.**
* ** Knowledge to implement and prepare accurate and timely Medicaid and Medicare cost reports as required**
* ** Maintains accuracy over general ledger accounting including all necessary journal entries for timely preparation of financial statements.**
* ** Maintains records on ongoing basis to comply with audit requirements; prepare all schedules and interact with auditors through audit completion.**
* ** Oversight and implementation of LIFECALC system for accurate recording of EPP amortization revenues.
*** Lead and coordinate month-end and year-end close, ensuring all entries, reconciliations, and schedules are accurate, complete, and supported.
* Prepare journal entries, accruals, reconciliations, and variance analyses with a high level of attention to detail and data integrity.
* Manage accounting for a large fixed asset portfolio, including capitalization, depreciation, disposals, transfers, impairments, and detailed asset reconciliations.
* Oversee construction-in-progress (CIP) and capital project accounting, ensuring timely capitalization and proper documentation.
* Support accounting for patient service revenue, including Medicaid and Medicare reimbursements, contractual adjustments, and related accruals.
* Assist with preparation and support of Medicare and Medicaid cost reports, including detailed schedules, reconciliations, and audit support.
* Ensure compliance with nonprofit GAAP, healthcare regulations, capitalization policies, grant requirements, and internal controls.
* Serve as a technical accounting resource and point of escalation during the close process, proactively identifying and resolving discrepancies.
* Partner with management team and finance team to ensure accurate and consistent financial reporting.
* Assist with annual financial audits, cost report audits, and fixed asset audits by providing well-organized, audit-ready documentation.
* Identify and implement process improvements to strengthen accuracy, efficiency, and compliance across accounting activities.
* Serve as additional backup for payroll.
* Perform or review
** payroll-related account reconciliations**, including payroll clearing, accrued wages, PTO, and payroll taxes.
* ** Generate and analyze payroll system reports
** to support reconciliations and serve as a resource for resolving discrepancies, coordinating with HR and payroll teams.
* Oversee
** amortization of CCRC entrance fees
** and related deferred revenue, ensuring compliance with GAAP, nonprofit standards, and organizational policies.
* Maintain
** accurate schedules and reporting for entrance fee revenue**, using
** CCRC software**, coordinating with finance leadership and auditors.
* Assumes additional responsibilities to support departmental and organizational needs.
* Strong functional leadership communication skills, coordinating close activities and priorities via team collaboration.
* Excellent written communication skills for reconciliations, capitalization memos, cost report support, grant documentation, and audit materials.
* Collaborative and detail-oriented communication style, ensuring expectations, timelines, and deliverables are clearly understood.
* Proactive issue identification and escalation, clearly communicating risks, variances, and resolution plans under tight deadlines.
* Extensive Excel expertise (required), including advanced formulas, pivot tables, lookups, large data reconciliations, and error-checking.
* Sage Intacct experience (required or strongly preferred) for general ledger, fixed assets, reporting, and multi-entity environments.
* Point Click Care  experience (a plus), particularly related to census, billing, or healthcare operational data
* Strong ability to work with large, complex data sets while maintaining a high level of accuracy.
* WC Audit
* 401k Audit
* Payroll experience
* Critical thinking—strong analytical skills
*…