Senior Accountant

1 month ago

Linthicum Heights, United States University of Maryland Medical System Full time
Job DescriptionJob DescriptionCompany Description

The University of Maryland Medical System (UMMS) is an academic private health system, focused on delivering compassionate, high quality care and putting discovery and innovation into practice at the bedside. Partnering with the University of Maryland School of Medicine, University of Maryland School of Nursing and University of Maryland, Baltimore who educate the state's future health care professionals, UMMS is an integrated network of care, delivering 25 percent of all hospital care in urban, suburban and rural communities across the state of Maryland. UMMS puts academic medicine within reach through primary and specialty care delivered at 11 hospitals, including the flagship University of Maryland Medical Center, the System's anchor institution in downtown Baltimore, as well as through a network of University of Maryland Urgent Care centers and more than 150 other locations in 13 counties. For more information, visit www.umms.org.

Job Description

General Summary

Perform complex professional accounting work involving the compilation, consolidation, and analysis of accounting and finance data/information for the production of financial statements and reports. Work is performed under general direction.

Principal Responsibilities and Tasks


The following statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all job duties performed by personnel so classified.

    • Provide leadership and guidance to accounting support personnel to assure accuracy and efficiency of work activities in accordance with department policies and procedures.
    • Monitor, review and provide guidance to staff regarding accounting practices and departmental policies and procedures.
    • Responsible for preparing and/or reviewing month-end closing journal entries.
    • Prepare and analyze monthly financial statement package and management reports for Medical System entities and joint ventures. 
    • Provide financial insights to leadership in review of the monthly income statement. 
    • Prepare financial data used to prepare the IRS Form 990 (tax return). 
    • Provide assistance to and communicate with various Medical System departments regarding monthly accounting reports and other accounting-related documents/information to explain accounting department policies and procedures.
    • Coordinate and oversee the General Ledger Maintenance/Production Function; interface the Accounts Receivable, Accounts Payable, Fixed Assets, and Payroll subsidiary systems with the General Ledger System (control).
    • Reconcile all subsidiary data interfaced into the General Ledger via the General Ledger Chart of Accounts.
    • Maintain General Ledger Chart of Accounts in accordance with the Health Services Cost Review Commission (HSCRC) methodology.
    • Prepare reconciliations of balance sheet accounts.
    • Ensure compliance with internal policies, procedures, and regulatory requirements. 
    • Assist management in providing records and supporting documents to internal and external auditors; maintain records, files, supporting documentation for regulatory or other reporting purposes.
    • Stay abreast of regulatory (federal, state and The Joint Commission (TJC). changes/information/guidelines affecting hospital finance and accounting practices, as well as new and related UMMS Finance Shared Services policies. 
    • Develop and implement procedures in performing tasks required by the internal management staff or outside regulatory agencies.
    • Participate in the hiring, performance evaluation and discipline of staff, as appropriate.
Qualifications

Education and Experience

    • Bachelor’s degree in Accounting, Finance, or related field required. 
    • Minimum 4 years’ experience in professional accounting or auditing work required.
    • Certified Public Accountant (CPA) preferred 

​​​​​​​Knowledge, Skills and Abilities

    • Advanced knowledge of the principles and practices of accounting and budget management.   
    • Working knowledge of applicable federal and state laws, rules and regulations.
    • Advanced knowledge of generally accepted accounting principles (GAAP).
    • Advanced skill performing mathematical calculations (e.g., percentage, addition, subtraction, and multiplication, etc.). 
    • Working knowledge of accounting related information systems.
    • Advanced skill in compiling and analyzing statistical reports, and assisting management in monitoring and reporting fiscal performance.
    • Advanced analytical, conceptual thinking, planning, organizational, and problem-solving skills.
    • Advanced quantitative, reconciliation and deducting reasoning skills.
    • Ability to stay current regarding developments/changes in the field and applicable regulations and procedures affecting hospital finance and accounting practices.
    • Ability to work independently and as part of a team.
    • Advanced skill developing and maintaining collaborative working relationships with all levels of leadership, staff and vendors.
    • Ability to collaborate with peers and executives demonstrating financial expertise on cross-functional projects.
    • Enthusiastic self-starter with excellent attention to detail.
    • Advanced skill in the use of Microsoft Office Suite (e.g., Access, Excel, Word, PowerPoint).
    • Advanced verbal, written and interpersonal communication skills. 


Additional Information

All your information will be kept confidential according to EEO guidelines.

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