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Staff Accountant III

2 months ago

Needham, United States Brigham & Women's Hospital(BWH) Full time
GENERAL SUMMARY/ OVERVIEW STATEMENT: Summarize the nature and level of work performed.

Reporting to the Finance Manager, this position is responsible for supporting BWPO-Surgery's financial accounting, reporting processes, selected budget matters, ad hoc analysis, and other projects.

Ideal Candidates:

  • 4 years full general ledger experience
  • Related reconciliations within GL accounts experience
  • Candidates looking to grow within the profession and organization
PRINCIPAL DUTIES AND RESPONSIBILITIES:Indicate key areas of responsibility, major job duties, special projects and key objectives for this position.These items should be evaluated throughout the year and included in the written annual evaluation.

General Ledger Functions / Monthly Accounting Closes
  • Responsible for creating, preparing, documenting and reviewing monthly/quarterly journal entries for the general ledger to ensure accuracy. Review all non-feed journal entries impacting BWPO-Surgery's general ledger and report/correct any issues. Work closely with management and Partners accounting staff in preparation/analysis of entries. Oversee and coordinate with other staff members to provide coverage for all standard departmental journal entries.
  • Provide accounting support to the Finance Manager in maintaining BWPO-Surgery's general ledger and reconciliation process. Review financial operating data relating related to both physician practice and non-clinical cost centers for completeness and accuracy.
  • Fully responsible for all aspects of the BWPO-Surgery Cashbook. Reconcile credit card postings to documentation prepared by divisions. Reconcile bank activity to non-patient cash postings deposited by business office or clinical program staff to ensure the accurate receipt of all related revenue. Prepare related cash entries. Reconcile Central Payment monthly cash transfers from BWPO-Corp monthly. Reconcile cosmetic sales and submit payment to the State for subsequent sales tax.
  • Review balance sheet account reconciliation prepared by PHS. Recommend adjustments and prepare appropriate journal entries.
Budgeting / Reporting / Planning
  • Responsible for analysis, review, budgeting and reporting of approximately $46 million "Other Income" revenue stream from related parties, including BWH, PHS, BWPO, and other entities to ensure proper receipts and accounting for these activities. Manage key activities daily and determine operational adjustments to meet revenue objectives.
  • Assist in preparation of the Department's general/administrative and unallocated cost budgets of $8 million. Directly responsible for Rent and Overhead budgets for all satellite locations. Create the OH and rent structures for any new clinic space.
  • Provides senior level accounting support with budget preparation and expenditure review of 6 BWH Surgical Services cost centers. Preparation of monthly/quarterly reconciliation of performance versus budget for senior management. Provide Finance manager with GL analysis and reconciliation process to ensure appropriate adjustments are communicated and follow-up is performed on a timely basis. Preparation of monthly Position Control reconciliation and Resident Affiliate Recovery and report findings to Finance Manager.
  • Analyze Research & Education cost centers as well as various Research seed money cost centers as budgeted by Department and report budget to actual variances to the Finance Manager.
Miscellaneous
  • Prepare standard and ad hoc basis analysis for review with the Finance Manager, other business office staff and division staff. Prepare any resulting or related journal entries with appropriate supporting analysis and backup.
  • Provide training and technical support for accounting and administrative applications for other staff, management and division administrators. Use Excel to develop automated applications to streamline high volume and business critical manual processes. This includes Hyperion budget, Vision and Excel.
  • Other duties/projects as assigned.
Qualifications

QUALIFICATIONS: (MUST be realistic, neither overstated nor understated, and related to the essential functions of the job.)
  • Bachelor's Degree in Accounting or Finance required; advanced degree a plus
  • Minimum of 4 years accounting experience in a healthcare or similar environment
  • Advanced experience in general ledger and cash accounting required
  • Excellent knowledge of Microsoft Office Suite; advanced Excel a plus
  • Experience with financial systems (PeopleSoft and Hyperion a plus) and data query tools
SKILLS/ ABILITIES/ COMPETENCIES REQUIRED:(MUST be realistic, neither overstated nor understated, and related to the essential functions of the job.)
  • Advanced knowledge of budget and accounting principles and controls
  • Sound understanding and demonstrated experience in the application of general accounting principles to the preparation and reconciliation of financial statements
  • Excellent analytical and problem-solving skills
  • Strong technical skills
  • Exceptional organizational skills and ability to organize time and priorities effectively, asking for direction when appropriate.
  • Flexibility in handling multiple tasks and deadline pressures
  • Paying attention to detail
  • Ability to handle sensitive and confidential matters discreetly and to ensure confidentiality guidelines are maintained
  • Must be self-motivated, resourceful, and able to take initiative
  • Strong verbal, communication, and written communication skills; comfortable presenting in front of large groups and/or DoS and Division leadership


EEO Statement

Brigham & Women's 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.