Accountant

About Universal Health Services One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. Growing steadily since its inception into an esteemed Fortune 500 corporation, annual revenues were $15.8 billion in 2024. UHS was again recognized as one of the World’s Most Admired Companies by Fortune; listed in Forbes ranking of America’s Largest Public Companies. Headquartered in King of Prussia, PA, UHS has approximately 99,000 employees and continues to grow through its subsidiaries. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located all over the U.S. States, Washington, D.C., Puerto Rico and the United Kingdom. EEO Statement All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws. Qualifications POSITION SUMMARY The Staff Accountant is responsible for daily intracompany billings, payroll, accounts payable and financial accounting responsibilities for the hospital. All functions and duties for this position are in accordance with IRS and current acceptable accounting principles and practices. QUALIFICATIONS Education: Bachelor’s degree in Accounting, Finance or related field. Experience: A minimum of three (3) years’ experience as an Accountant, with specific experience handling accounts payable and payroll functions, preferably in a health care setting. Experience managing multiple functions highly preferred. Additional Requirements: Working knowledge of KRONOS, ADP, payroll/accounts payable systems, Excel or any combination of education, training or experience in a business office environment. May be required to work occasional overtime and flexible hours. PRIMARY RESPONSIBILITIES Reporting and Accounting Functions Consult with the CFO concerning the facility’s financial affairs, development of operating policies and procedures, and facility financial goals and objectives. Monitor the overall financial and general accounting operations of the facility in accordance with facility policies, procedures and guidelines. Prepare analysis of facility income, expenditures, and capital asset values with comparison to previous periods. Prepare journal entries, narrative and financial statements. Prepare balance sheet reconciliations for all accounts monthly. Consult with Chief Financial Officer on identified trends, issues or on-going concerns. Reconcile FTE report and Cash needs in a timely manner. Produce general ledger on a timely basis each month. Produce financial statements within facility guidelines. Ensure the timely and accurate preparation of monthly facility financial statements. Provide for consistent and accurate monthly expense accruals and resolve errors on problems in a timely fashion. Maintain a timely completion of daily, weekly, monthly, and annual reporting regarding financial operations/reporting. Assist with audit preparation. Budget Make recommendations concerning methods of reducing costs and increasing income. Assist in the preparation of the facility’s annual operating and capital budget. Perform timely variance analysis between budget and the actual results on a monthly basis. Monitor adherence to budget and consult with CFO on variances. Bring departmental procedural problems & variances to CFO attention as soon as identified. Track CERs against the budget to monitor requested, paid and balance remaining annually. Fixed Assets Management Maintain fixed asset depreciation spreadsheet on Excel. Record fixed asset additions and deletions. Review depreciation reports for accuracy monthly. Compute and record depreciation on buildings, equipment and other assets. Accounts Payable/Accounts Receivable Ensure the effective control and management of the accounts payable for the facility: Monitor the approval process. Ensure proper coding to generate ledger. Audit payment funding needs, sales tax assessed and ensure effective use of aging. Monitor facility admission accuracy, contractual posting, and collection aging on A/R. Payroll Ensure the accurate processing of all employee payroll-related functions by managing data in the Kronos system for all employees. Process bi-weekly payroll in an accurate and timely fashion: Receive time sheets from departments, audit for accuracy, and input time into the payroll system. Maintain accurate records of all holiday, vacation and sick time (PTO) to determine if time off has been earned. Verify payroll reports prior to the run of the bi-weekly payroll run. Print bi-weekly payroll checks and audit for accuracy prior to distribution. Respond quickly to all payroll-related problems. Leadership Monitor functions/activities of departmental interactions and influences with accounting and payroll functions. Evaluating performance and recommending actions. Maintaining good employee relations with all departmental staff. Observe committees as requested Daily Morning/Flash Meeting, Monthly Management Meetings, Utilization Review, Denial Committee, and/or Intake meetings as requested by CFO. About Universal Health Services One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. Growing steadily since its inception into an esteemed Fortune 500 corporation, annual revenues were $15.8 billion in 2024. UHS was again recognized as one of the World’s Most Admired Companies by Fortune; listed in Forbes ranking of America’s Largest Public Companies. Headquartered in King of Prussia, PA, UHS has approximately 99,000 employees and continues to grow through its subsidiaries. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located all over the U.S. States, Washington, D.C., Puerto Rico and the United Kingdom. EEO Statement All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws. #J-18808-Ljbffr