Senior Accountant

City/State:

Grant Funded:

Department:

Work Shift:

Work Days:

Scheduled Hours:

Scheduled Daily Hours:

Pay Range:

Job Summary

The Senior will support the monthly close and reporting cycle within the Financial Accounting Department of the Montefiore Health System, mainly assisting with St. Luke's Hospital and the affiliate entities. Responsibilities will include analyzing historical data, journal entry input/upload, account reconciliations, account analysis as well as ad-hoc projects and assisting with the year-end audit. Areas of focus include Professional practice/Foundation financial statements, payroll, and various areas of the Hospital financial statement close process. The Senior Accountant will work closely with the Manager of the financial reporting and Director. As well as assist in overseeing the work of staff.

Essential Functions

• Prepare and post monthly and quarterly general ledger activities associated with the month-end close. Entries are required to be completely accurate based on analysis, whether cash, revenue, or accounts receivable.
  * Responsibilities are expected to be completed timely and accurately.
• Assist director in reviewing staff entries.
  Senior accountant can release staff journal entries after review with the implementation of INFOR system.
  * Responsibilities are expected to be completed timely and accurately.
• Analyze the monthly revenue versus budget delta to determine current standing and if adjustments need to be made for items. Senior accountant will present findings to director and upper management for the month.
  * Analyze revenue and receivables to report on monthly variances and trends.
  * Review and analyze inter-company transactions for reporting accuracy.
  * Responsibilities are expected to be completed timely and accurately.
• Act as a liaison during the implementation of INFOR system within the Financial Accounting department.
  * Responsible for representing the Revenue team during INFOR testing.
  * Responsible for sharing knowledge of INFOR system with team members.
  * Responsible for overseeing the performance of team members during the transition and thereafter. Answering any questions staff may have.
  * Responsibilities are expected to be completed timely and accurately.
• Perform outpatient revenue recording functions and make adjustments to the general ledger based on this analysis.
  * Interact with institutional staff in other departments to obtain revenue information regarding cost centers and ledger accounts.
  * Responsible for understanding revenue and accounts receivable for not only the medical center, but other affiliates.
  * Responsibilities are expected to be completed timely and accurately.
• Prepare a list of new month- end close journal entries that include but are not limited to:
  * Medicaid Cash Transfer
  * Home-care Transfer
  * Self Insurance Reclass
  * Denial Account True-up
  * Outside entries picked up for St. Luke's Cornwall Hospital after implementation of Infor system
  * Outside entries picked up for White Plains Hospital after implementation of Infor system
  * Outside entries picked up for Nyack Hospital after implementation of Infor system
  * Responsibilities are expected to be completed timely and accurately.
• Complete the key performance and operating indicators schedules for outside agencies.
  * Responsibilities are expected to be completed timely and accurately.
• Prepare EPIC gross charge analysis and provide data to MMC operational departments.
  * Responsibilities are expected to be completed timely and accurately.
• Generate and distribute the monthly outpatient revenue package for Montefiore Medical Center.
  * Responsibilities are expected to be completed timely and accurately.
• Assist director with any additional work taken on after system transition from other affiliates not previously covered.
  * Responsibilities are expected to be completed timely and accurately.
• Support internal audit of the company's annual financial statements, including preparation of audit schedules and responding to auditor questions and requests - specializing in outpatient revenue and accounts receivable related information.
  * Responsibilities are expected to be completed timely and accurately.

Qualifications

• Bachelors degree in accounting Required
• Masters degree Preferred
• 4-6 years experience in accounting Required
• Advanced knowledge and use of Microsoft Excel and Word required.
• Must demonstrate an ability to use complex excel functions such as v lookups, pivot tables, filters, etc.
• A person should have decent training and knowledge of INFOR, as well as the required reports needed for Revenue and AR processes.
• Also EPIC systems (including the CUBE) and how to run the reports on the system.
• Must have extensive knowledge of data processing required for month-end procedures (i.e. Journal Entries and Uploads).
• Should be familiar with Revenue/Accounts Receivable analysis for both Inpatient and Outpatient processes.
• Must have experience working directly with NIH and other federal, state, and local funding agencies.
• Must be able to multitask and work with limited supervision.