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Accountant - Spend Management

2 months ago


St Louis Park, United States Life-Spark LLC Full time

Lifespark is a complete senior health company headquartered in St. Louis Park, Minnesota. Since 2004, we’ve been helping seniors stay healthy, navigate their health care options with confidence, and live fuller, more independent lives as they age. That’s where our people come in – from accounting and health technology to front-line nurses, advanced practice professionals, caregivers and everything in between, we are all invested entrepreneurs focused on helping people age magnificently.

Our Lifespark culture has created not only an award-winning workplace — earning Star Tribune Top Workplace 11 times, Minneapolis Business Journal Best Places to Work three times, and Top USA #1 in Healthcare — but a place where you have the room to be creative, make a difference, and have a purposeful, direct impact on how people age. Lifespark’s full continuum of services offers a breadth of roles with the support to grow your career. To see the experience we are creating, watch our award-winning video Going South – this is the experience you will help create at Lifespark Changing the age-old story starts with you – let’s get you hired.

Lifespark Benefits include:

Annual Reviews/Raises{Shift differentials if applicable} Paid Time Off – Vacation Time Mileage reimbursement Medical, Dental, Vision benefits for Full Time Hires Short-Term Disability & Long-Term Disability Insurance Life Insurances 401k + Company Match for full-time and part-time employees Referral bonuses Career path to other positions within our growing company

The Staff Accountant – Spend Management role will offer the applicant a unique opportunity to provide direct value to the organization by helping to manage our overall cost exposure. This person will help to develop our spend management process, support system implementations to automate workflows, and partner with different business areas to ensure financial discipline. This individual will also be responsible for maintaining and updating purchase order records in the financial system, collaborating closely with business owners, vendors, and others within the corporate accounting team, as applicable.

Additionally, this individual will be responsible for tracking and managing new and existing contracts to ensure the capture of crucial transaction and other accounting details. In addition to supporting the spend management process, this individual will also support the accounting team by helping to prepare monthly allocations, accruals, reconciliations, and other accounting tasks as assigned.

Position Functions And Responsibilities

Fill a key role in developing and implementing a front-end spend control process which would include contract review, vendor on-boarding, and purchase request and purchase order discipline. Track all new and existing vendor contracts noting key financial terms, including renewal dates, payment terms, cancellation provisions, and other deadlines as applicable. Set up and have ownership of purchase order records for all new and renewal contracts. Collaborate with business owners, accounting team, and vendors on all purchase order inquiries and related needs. Assist leadership with reporting of spend by vendor for each department or entity. Ensure compliance with purchasing policies and procedures. Prepare monthly vendor accruals leveraging purchase order details to support month end close process. Prepare monthly allocations of expenses to the correct entities. Complete monthly account reconciliations for assigned balance sheet accounts. Prepaid expenses Miscellaneous accruals Intercompany accounts Assist with other monthly accounting duties as assigned.

Qualifications

Experience & Education

Minimum of 3 years in accounting or related field Intermediate understanding of Generally Accepted Accounting Principles (GAAP) Intermediate understanding of financial systems Experience working with purchase orders and vendor management Healthcare experience preferred

Knowledge, Skills, And Abilities

Independent work style with creative and critical thinking skills Strong business partnership and communication skills Proficiency in software tools including financial systems and Microsoft Excel Ability to collaborate effectively Displays strong productivity skills including planning, prioritization, and organization

It has been and will continue to be our policy to provide equal employment opportunities to all employees and applicants without regard to race, color, creed, religion, sex, gender identity, pregnancy, national origin, citizenship, marital status, familial status, age, sexual orientation, veteran status, disability, public assistance status, genetic information or any other status protected by federal, state or local law.

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