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Accounting Manager
2 months ago
The Accounting Manager is responsible for applying accounting principles and procedures to analyze financial information and transaction documents to accurately account for transactions in financial statements, ensuring appropriate accounting control procedures in accordance with Sarbanes Oxley. This includes but is not limited to the recording and reporting for the consolidation of the organization, upstream reporting, acquisitions, and divestitures.
Responsibilities
- Evaluate acquisition budgets to determine appropriate basis for accruals of upcoming acquisitions and transactional activity.
- Review all acquisition and divestiture transaction contracts and documents to determine LHC Group's financial obligations and appropriate GAAP accounting.
- Evaluate acquired balance sheet accounts and determine appropriate recognition for GAAP.
- Manage and account for transition services agreements.
- Calculate and record straddle revenue for acquisitions and divestitures.
- Review financial statements for acquired and divested providers.
- Create acquisition control procedures after valuations are finalized.
- Prepare memos documenting transaction details, valuation methodologies and fair value conclusions for all changes in ownership.
- Analyze and record reverse joint venture transactions and partner withdrawals.
- Attend weekly conference calls with acquisition group and communicate pertinent information to accounting department.
- Prepare upstream reports and analysis as needed.
- Assist with due diligence on potential transactions.
- Prepare acquisition workpapers and post applicable entries.
- Conduct monthly consolidation and reconciliation of the company financials.
- Assist with special projects as needed.
- Maintain excellent communication with supervisor, other departments, and outside vendors/consultants.
- Respond appropriately and timely on all questions.
- Maintain controls in compliance with Sarbanes Oxley.
- Ensure all financial deadlines are met.
- Reconcile assigned balance sheet accounts within the designated timeframe, maintaining appropriate support for all balances.
- Adhere to all department policies and procedures.
- Perform other duties as assigned.
- Bachelor's degree in Accounting or Finance, CPA preferred.
- Minimum of seven years accounting experience; healthcare experience preferred.
- Intermediate to advanced proficiency of MS Word, Excel, and other office software tools.
- Must exhibit high attention to detail and excellent analytical skills.
- Must possess effective communication skills and be able to work within a collaborative team environment.
- Must possess personal initiative and leadership skills.
- Ability to multi-task and thrive in a dynamic, rapidly changing organization.
About Us
LHC Group is committed to a culture of diversity, equity and inclusion and is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any legally other protected characteristic.
LHC Group Inc Home Office a part of LHC Group family of providers - the preferred post-acute care partner for hospitals, physicians, and families nationwide. We deliver high-quality, cost-effective care that supports our patients when and where they need it. From our home health, hospice, and community-based services to inpatient care at our clinics and hospitals, our mission is to reach more patients and families with effective and efficient healthcare. More hospitals, physicians, and families choose LHC Group because we are united by a single shared purpose: It's all about helping people.
