Senior Accountant
ExpertHiring
Job Description
#INDEH123
- Established healthcare system : Part of the larger CHA Health System, offering stability and long-term growth opportunities.
- Diverse patient population : Serves one of the most culturally and linguistically diverse communities in Los Angeles, giving staff meaningful clinical exposure.
- Wide range of services : Acute care hospital with specialties across emergency medicine, surgery, behavioral health, and more.
- Career development opportunities : Access to training, continuing education, and internal advancement within the CHA network.
- Collaborative work environment : Multidisciplinary teams focused on patient-centered care.
- Community impact : Opportunity to serve an underserved population and make a direct difference in community health outcomes.
- Modernized systems and growth focus : Ongoing improvements in facilities, technology, and clinical operations.
- Competitive benefits : Healthcare coverage, retirement plans, and employee wellness programs (varies by role).
- Prepare and post all journal entries, financial statements, and supporting documents.
- Assist in all accounting functions for the hospital, including AR entries, payroll entries, fixed asset entries, inventory, and other expenses.
- Reconcile AR, inventory, and fixed asset accounts.
- Lead all audits and reviews, both internal and external.
- Post patient revenue contractual adjustments, bad debt, and credit balances.
- Manage fixed assets and depreciation entries, and all corporate and intercompany transactions.
- Calculate accruals for expenses, including contract labor, utilities, and other operating expenses.
- Oversee timely deposits of cash while maintaining accurate accounting records.
- Keep the manager updated on all relevant matters pertaining to the position.
- Prepare monthly journal entries and maintain complete records of these transactions.
- Reconcile bank statements and maintain an accurate running total of cash on hand.
- Ensure monthly balance sheet account reconciliations are prepared timely and accurately.
- Monitor timeliness and accuracy of capitation payments received from payers.
- Ensure all payables are processed accurately and on time.
- Maintain a tracking system of all monthly capitation revenue and shared/full risk revenue.
- Compile and analyze financial information to prepare financial statements, including monthly and quarterly management reports in accordance with U.S. GAAP.
- Oversee accurate and appropriate recording and analysis of revenues and expenses.
- Ensure financial records are maintained in compliance with accepted policies and procedures.
- Ensure accurate and timely monthly, quarterly, and year-end close processes, meeting all financial reporting deadlines.
- Manage daily cash flow and determine excess cash for maximization of return.
- Support budget and forecast activities, including flux preparation against actual results.
- Prepare for financial audits and coordinate the audit process, including working with external auditors.
- Collect and analyze financial information and develop and maintain financial databases.
- Ensure compliance with relevant laws and regulations and integrity of financial data.
- Assist with ad-hoc procedures and tasks as requested by management.
- Prepare monthly internal financial reports for clinical operations management team.
- Prepare accruals for primary clinical operations cost and work closely with clinical operations departments.
- Work closely with the clinical director to verify accuracy of clinical payments and costs.
- Lead a team of one or more junior accountants.
- Manage direct reports' workflow, coach, counsel, hire, and discipline.
- Provide ongoing feedback and periodic and annual performance evaluations.
- Create a work environment that inspires motivation of direct reports.
- Bachelor's degree in Accounting, Finance, or other business-related field.
- Ability to communicate effectively verbally and in writing.
- At least three to five years of experience, with hospital or general healthcare experience preferred.
- Knowledge of GAAP required and knowledge of IFRS is a plus.
- Knowledge of healthcare and financial applications.
- Proficient in Microsoft Office Suite (e.g., Word, Excel, and PowerPoint).
#INDEH123
Vacancy posted 3 days ago
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