Accountant

Job Opportunity

Candidates must be located in the DC/MD/VA region. Occasional meetings at a MedStar location may be required.

General Summary of Position

Works on a team with other staff accountants under the direction of a senior accountant in the General Accounting department to support the general accounting financial reporting and finance functions of the business unit(s) for whom they are providing generalized accounting support. Supported business units include acute care community hospitals, academic hospitals with extensive residency programs, research programs and academic affiliations, post-acute care providers, physicians groups, and specialized allied healthcare providers. Business units employ a variety of reimbursement methodologies including HSCRC Medicare Inpatient Outpatient Sub-acute and HHS Prospective Payments Systems Medicaid Managed Care capitation contracts and grants. Supported entities are organized as for-profit corporations not-for-profit corporations and pass through entities. May also serve on a team that performs specialized accounting functions across multiple entities within the MedStar system. Prepares and records journal entries to include multi-entity allocations inter-company transactions and elimination entries as needed. Performs account reconciliations and account analysis and assists with financial statement preparation and review. Assists with interim and annual financial statement audits through the preparation of schedules and reports for external auditors and responds to special requests for information or reports from supervisor or management.

Primary Duties and Responsibilities

• Analyzes data and accurately completes monthly journal entries. Provides supporting documentation of analysis and journal entries.
• Assists in the evaluation of existing accounting operations and procedures and recommends process improvements to the manager.
• Assists with the preparation and review of financial statements on a monthly basis. Assists with monthly analysis and interpretation of accounting records for use by management.
• Completes monthly account reconciliation and account analysis in a timely manner. Resolves issues identified in the reconciliation process in timely manner.
• Completes monthly journal entries according to the standard month end close schedule. Maintains records of routine accounting transactions.
• 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.
• Identifies accounting issues uncovered in the performance of duties and brings to the attention of the manager.
• Participates in multidisciplinary quality and service improvement teams in meetings and on committees.
• Performs other duties as assigned.
• Remains current on the latest relevant accounting and healthcare issues as well as governmental regulations.

Minimal Qualifications

• Bachelor's degree Accounting Finance required or Business Administration. required

Experience

• 1-2 years Related experience in a public or private accounting setting or healthcare or multi-entity setting required

Knowledge Skills and Abilities

• Working knowledge of word processing and spreadsheet software applications.
• Verbal and written communication skills.

This position has a hiring range of USD $65,062.00 - USD $117,291.00 /Yr.