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Senior Finance Executive
2 months ago
Full-time
POSITION SUMMARY
The Finance Manager is responsible for delivering comprehensive accounting support for significant projects and enhancing operational efficiencies. This role encompasses a thorough understanding of all accounting functions, including accounts payable, accounts receivable, general ledger management, payor contracting, and revenue cycle oversight. The individual will play a key role in process improvement initiatives, documentation of workflows, conducting research and analysis, performing account reconciliations, and assisting with audit preparations, among other responsibilities.
KEY RESPONSIBILITIES
- Oversee monthly financial closing processes and prepare necessary journal entries.
- Conduct general account analyses and reconciliations, including bank statements and fixed asset records.
- Manage monthly accruals, amortization of prepaid expenses, and fixed asset depreciation, ensuring timely updates to insurance providers regarding asset changes.
- Support daily, monthly, and year-end operations within the Finance Department.
- Establish and maintain a system for recording fixed assets, including procedures and controls.
- Lead initiatives that facilitate external audits and reviews.
- Generate financial reports, including statements and key financial metrics.
- Collaborate on projects aimed at enhancing systems and procedures within both costing and financial domains.
- Review general ledger postings for accuracy in accounts and costs.
- Provide accounting insights for product margin reviews and cost assessments.
- Safeguard organizational value by maintaining confidentiality of sensitive information.
- Develop and recommend accounting policies and procedures to maintain control.
- Guide accounting clerical staff by coordinating activities and addressing inquiries.
- Resolve financial discrepancies through thorough analysis of account information.
- Assist in managing federal, state, and local tax obligations, coordinating with tax auditors and government entities.
- Compile and analyze monthly sales and use tax data.
- Focus on continuous improvement initiatives aimed at reducing waste.
- Contribute to the development and implementation of reimbursement contracts with managed care organizations and private payors.
- Support the development of payor strategies and relationships to enhance negotiation and contract renewal processes.
- Work closely with the revenue cycle team to ensure accurate revenue recognition and reimbursements.
- Assist with various ad-hoc projects and inquiries as required.
- Consistent and punctual attendance.
- Strong foundation in basic accounting principles.
- In-depth knowledge of Generally Accepted Accounting Principles (GAAP).
- Awareness of current business trends.
- Familiarity with financial statements.
- Experience with general ledger functions and the month-end/year-end closing process.
- Hands-on experience with accounting software.
- Advanced proficiency in MS Excel, including VLOOKUPs and pivot tables.
- High level of accuracy and attention to detail.
- Strong numerical aptitude and analytical skills.
- Excellent interpersonal skills for effective collaboration with colleagues and partners.
- High professionalism and strong organizational capabilities; adept at managing multiple tasks.
- Bachelor's degree in Accounting or a related field.
- CPA, CMA, or MBA credentials are advantageous.
- 2-3 years of experience in public accounting or relevant industry roles.
- Experience in cost accounting is a plus.
- Commitment to continuous improvement and process excellence.
- Strong analytical capabilities and meticulous attention to detail.
- Proficient in MS Excel, including pivot tables and VLOOKUPs.
- Solid understanding of Generally Accepted Accounting Principles.
- Experience in laboratory or hospital settings is beneficial.
- Familiarity with QuickBooks or similar multi-dimensional databases is a plus.
- Effective written and verbal communication skills.
- Ability to maintain confidentiality of sensitive information.
- Capacity to meet tight deadlines efficiently.
- Ability to work independently and collaboratively within a team.
- Strong problem-solving and reasoning abilities.
- Work may be conducted in a laboratory environment, exposing the individual to standard laboratory hazards and chemicals.
- Ability to work in varying temperature conditions.
- Position requires physical activities such as sitting, walking, reaching, bending, and handling objects.
- Must be capable of lifting up to 50 lbs.
- None
$78,221 - $105,739