Healthcare Finance Accountant

Job Description

Job Description

Position Summary / Scope of Responsibility

The Centers for Advanced Orthopaedics LLC (CAO) is one of the nation’s largest Orthopaedics practices, owned and operated by physicians, with over 60 locations across Maryland, Northern Virginia, and the District of Columbia. With approximately 2,000 employees, working in 28 Divisions, CAO is a growing business with revenues of approximately $250 Million. CAO is committed to be the Orthopaedics provider of choice for our patients; partner of choice for payors and health systems; and employer of choice by attracting and retaining a talented workforce.

The Accountant processes daily transactions under the direction of the Practice Administrator and is integral in the monthly close and financial reporting cycle. Collects, tracks, and corrects practice finances. Responsible for assisting in financial audits, reconciling bank statements, and ensuring financial records are accurate throughout each year.

Primary Responsibilities
The incumbent may be asked to perform job-related tasks other than those specifically stated in this description. The duties and responsibilities of the position are to be carried out in a manner that is consistent with the Mission, Core Values and Operating Principles of CAO.

•Review or process the following transactions in an accurate and timely manner and in accordance with departmental procedures:
-Accounts payable
-Accounts receivable
-Budgeting
-Payroll
-Expense reports
-Reporting

• Prepare monthly and quarterly financial data to include journal entries, reconciliations, financial statement compilation, and reporting.
• Perform operational analysis and reporting, recurring and ad hoc.
• Assist with the accounting and reporting for Practice and ancillary programs

-Tax Preparation

• Tax filings
• Assist with regulatory compliance to include, audits, and actuarial reports.
• Ensure compliance with appropriate GAAP and practice standards.
• Assist with developing and implementing the accounting policies and procedures of the company.

•Assist practice management team with cash management activities.
•Assist with month-end close, prepare monthly and quarterly financial data to include journal entries, reconciliations, financial statement compilation, and reporting.
•Perform operational analysis and reporting, recurring and ad hoc.
•Assist with the accounting and reporting for a captive insurance entity, pharmacy program, and centralized billing function.
•Assist with regulatory compliance to include tax filings, audits, and actuarial reports.
•Help to ensure compliance with appropriate GAAP and practice standards.
•Assist with developing and implementing the accounting policies and procedures of the company.
•Communicate with co-workers, management, external parties, and others in a courteous and professional manner.
•Conform with and abide by all regulations, policies, work procedures and instructions.
•Performs other duties as assigned.

Reporting Relationships
The Accountant reports directly to the CEO.
This role has one direct reporting employee on the financial staff.

Required Education and Experience
•Four-year degree in Accounting or Finance required.
•At least 2 years of related experience, in a healthcare setting preferred.
•CPA certification or CPA eligibility is preferred.
•Financial analysis experience preferred.
•Proficiency with Microsoft Excel required.
•Experience collaborating across multiple functions.
•Experience innovating in a fast-growing work environment and dealing with ambiguity.

Competencies / Required Skills and Abilities
•Strong Interpersonal Skills - Ability to develop relationships and collaborate in a decentralized Organization.
•Confident, independent thinker and strong decision-making ability when circumstances warrant such action.
•Demonstrated ability to organize, prioritize, and manage multiple tasks in a dynamic environment with a proven track record of results.
•Strong interpersonal, oral, and written communication skills with excellent self-discipline and patience.
•Able to work independently.
•Exudes professionalism in presentation.
•Must be able to read, write, speak, understand, and communicate in the English language.
Physical Demands
•Must be able to sit for long periods of time and lift up to 25 pounds.
•Must be able to use appropriate body mechanics techniques when performing desk duties.
•Requires frequent bending, reaching, repetitive hand movements, standing, walking, squatting, and sitting.
•Adequate hearing to perform duties in person and over telephone.
•Must be able to communicate clearly to patients in person and over the telephone.
•Visual acuity adequate to perform job duties, including reading materials from printed sources and computer screens.