Senior Accountant

Job Description Summary of job profile

The Senior Accountant is responsible for preparing general ledger month-end journal entries relevant to their assigned functional accounting team in accordance with Generally Accepted Accounting Principles.

Functional Accounting Teams are as follows:
Cash Accounting, Fixed Assets Accounting, Corporate Accounting, Payroll Accounting Investments and Foundation Accounting Prepaid Asset, Deferred Revenue, and Notes Payable Accounting, Inventory and Supplies Accounting, Physician Guarantees and Physician Fees Accounting, Purchased Services and Non-Patient Accounts Receivable Accounting, Joint Venture Accounting, Inter company Accounting, Allocations, and Eliminations Lease Accounting, Technical Accounting, Health Plan Accounting.

This position requires a strong understanding of United States Generally Accepted Accounting Principles (US GAAP).

• Prepare month-end journal entries in accordance with US GAAP, with complete and accurate supporting documentation.
• Perform variance analysis on assigned accounts to both budget and trend and provide explanations to their Lead and Manager for month-end review of financial statements.
• Prepare month-end balance sheet reconciliations.
• Assist other teams with information requests as needed.
• Prepare income and balance sheet statements, consolidated statements, and various other accounting statements and reports.
• Analyzes financial reports and records, making recommendations relative to the accounting of reserves, assets, and expenditures.
• Reviews and verifies the accuracy of journal entries and accounting classifications assigned to various records.
• Conducts special studies and develops or recommends accounting methods and procedures.
• Instructs or assigns work to bookkeepers and accounting clerks engaged in general accounting activities.
• Coordinates accounting matters with other departments, locations and divisions.
• Assists in coordinating the functions in accounting, accounts payable, payroll and cash receipts.
• Prepares financial reports and coordinates the various activities within accounting.

• The Senior accountant should be able to demonstrate an understanding of the purpose of the journal entries they are recording to the general ledger, evaluate the appropriateness of the entry (including the GL accounts used and the financial statement line item classification), and explain the impact to the financial statements.
• Responsible for ensuring appropriate and relevant supporting documentation is attached to the journal entry.
• Evaluating the source of the information for their journal entries and asking appropriate followup questions to ensure documentation is appropriate. In some cases, appropriate support will include developing estimates of the current month activity based on financial analysis of historical data.
• Expected to develop an understanding of healthcare specific accounting issues relevant to the assigned functional accounting area. Previous healthcare experience is preferred but not required.
• Responsible for analyzing and providing variance explanations (from budget and trend) related to assigned areas to the accounting leads and managers for month-end review.
• Responsible for completion of monthly balance sheet account reconciliations related to the assigned functional accounting area.
• Responsible for assisting other teams across the System (both at the corporate office and at our facilities) with information requests related to the assigned functional area, as needed.
• Expected to work closely with other teams to resolve issues timely and to the satisfaction of all parties.
• Responsible for other projects, as assigned, which may include but are not limited to: research of GL transactions to understand the impact to the GL, process improvement projects, and assistance for the year-end external audit.

• Bachelor’s degree in Accounting
• Strong understanding of US Generally Accepted Accounting Principles (GAAP)
• Experience in preparing month-end journal entries and financial reports
• Ability to perform variance analysis and balance sheet reconciliations
• Excellent written and verbal communication skills

Industry : Health

Client’s Location : Irving, Texas, United States

Job type : Three months contract

Payment status : Per hours

Work location type : Onsite

Years of Experience : 3 Years