Senior Accountant

Senior Accountant- (3251560)GENERAL SUMMARY/ OVERVIEW STATEMENT:Works effectively as part of the Finance Department to ensure accountability for all financial aspects of the health center. Reporting to the Chief Financial Officer, the Sr. Financial Manager performs a wide variety of analytical and accounting duties in connection with month end general ledger closing, preparation of financial statements, journal transactions, revenue cycle, management reports and support documentation.PRINCIPAL DUTIES AND RESPONSIBILITIES:Manage the workflow of the NEW Health Financial Team to maximize efficiency and develop process improvements.Make recommendations about systems to support and enhance the financial management of the NEW Health to improve financial operations and efficiency. Assists with implementation as needed.Assists in the development and monitoring of the annual operating budgets - volume, gross/net revenues and expenses.Interacts with and mentors NEW Health financial team to improve skill level of financial staff with patient billing, accounts payable and accounts receivable reconciliation.Assists with annual audits of NEW Health. As well as performing tasks to close the general ledger accounts each fiscal year.Works individually, or collaborates with the NEW Health Senior Managers, Program Managers as well as other staff, on complex special projects as assigned.Provide reports to outside vendors (including federal government) as necessary.Has responsibilities for monthly and annual financial reporting as follows:General LedgerGeneral ledger and subsidiary ledger transactions for appropriate revenue and expense transaction coding.Maintain cash sub-journals.Prepare monthly journal entries utilizing sub-journals, cash receipt ledger and other necessary support documents to ensure accuracy and proper audit trails.Maintain chart of accounts within NEW Health electronic accounting software (MIP).Maintain computerized accounting software (upgrades, changes, etc.).Perform monthly reconciliation of Peoplesoft to MIP accounting systems to ensure accuracy of information.Perform monthly reconciliation of balance sheet accounts using supporting documentation to ensure accuracy of information.Cash/Bank BooksPost daily activity of banking transactions to the daily cash/checking journal and ensure activity in both the cash journal and cash receipts journal reconcile to each other daily and monthly.Capture and Post to sub-journals MGPO Government Insurance deposits.Prepare monthly journal entry for cash receipts activity.Using patient billing from Dental and Elder Service monthly reports, prepare entry to record monthly revenue for patient charges.Perform monthly reconciliation of bank statements to both the cashbook and the G/L.Receive, proof and record front desk receipts.Accounts Receivable, Grants, Other BillingReview and ensure state and municipal grants are billed timely.Draw down FQHC grant monthly per value assigned by CFO.Draft monthly journal entry to record grant revenues.Provides support for A/R Bookkeeper.Accounts payableReviews staff reimbursement request and proof provided support documentation for accuracy then presents to CFO for payment approval.Reviews monthly corporate charge card transactions and obtain supporting documentation from users (CEO) and prepare for posting by A/P bookkeeper.Review Petty Cash reimbursement submissions, reconcile petty cash and replenish with appropriate coding for A/P processing.Reviews consultant employee invoices, comparing to complete scheduled hours and prepare for posting by A/P bookkeeper.Prepares and issues 1099 tax form for any applicable consultant employee.Provide support for A/P bookkeeper.340B PharmacyReview and reconcile pharmacy invoices to contract pharmacy reports for replenishment of inventory.Ensure all invoices for payment to vendors have been submitted to the A/P accounting system in a timely fashion to ensure processing and payment occurs on schedule.Analyze and reconcile vendor benefit invoices to general ledger via monthly spreadsheet analysis.Prepare monthly journal entries for data entry to the general ledger using monthly spreadsheet analysis as support.OtherPerforms other duties as instructed by the supervisor to maintain daily operations of the department.QUALIFICATIONS:Bachelor’s Degree in Accounting and five years related experience.Proficiency with computerized accounting, spreadsheet, and database software packages.Superior organizational skills.Not-for-profit and/or FQHC experience preferred.SKILLS/ ABILITIES/ COMPETENCIES REQUIRED:Excellent working knowledge of generally accepted accounting principles.Strong attention to detail.Strong analytical skills.Ability to manage multiple financial systems.Preference will be given to candidates with knowledge of Peoplesoft accounting software, MIP accounting software.Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint).Must have superior organizational skills.Must have strong professional, interpersonal and communication skills.Must be flexible with regards to the specific demands of the job.WORKING CONDITIONS:Ambulatory health care settingSUPERVISORY RESPONSIBILITY:N/AFISCAL RESPONSIBILITY:N/AEEO StatementNEW Health and Massachusetts General Hospital is an Affirmative Action Employer. By embracing diverse skills, perspectives and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.Primary Location

MA-Boston-MGH North End Waterfront HealthWork Locations

MGH North End Waterfront Health 332 Hanover Street Boston 02113Job

BudgetOrganization

Massachusetts General Hospital(MGH)Schedule

Full-timeStandard Hours

40Shift

Day JobEmployee Status

RegularRecruiting Department

MGH North End HC FinanceJob Posting

Jul 11, 2023

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