Financial Operations Specialist

5 days ago


Beltsville, Maryland, United States Maryland Oncology Full time
Job Summary

Maryland Oncology Hematology is seeking a highly skilled Financial Operations Specialist to join our team. As a key member of our finance department, you will be responsible for coordinating the month-end close for assigned oncology practices, including financial reporting. This is an exciting opportunity to work in a dynamic and fast-paced environment, where you will have the chance to make a real impact on our organization's financial operations.

Key Responsibilities
  • Coordinate the month-end close for assigned oncology practices, including financial reporting.
  • Perform general accounting functions and prepare reports as required.
  • Support and adhere to the US Oncology Compliance Program, to include the Code of Ethics and Business Standards.
  • Maintain general ledger, including preparing financial schedules, writing journal entries, etc.
  • Process monthly close of all practices and management companies in an accurate and timely manner.
  • Ensure accruals are appropriately made each month.
  • Review G/L coding on invoices before checks are released to ensure accurate coding.
  • Work with Controller and management to obtain all necessary information and explanations.
  • Ensure compliance with Management Services Agreements for all practices.
  • Ensure accurate accounting for new practices, including opening balance sheet, subsequent adjustments to B/S and MSA, etc.
  • Ensure all balance sheet accounts are reconciled monthly and supported by valid detail.
  • Review monthly reporting package for all practices for accuracy, reasonableness, and completeness.
  • Ensure timely submission of reporting packages to Controller for review.
  • Respond to Controller inquiries in a timely manner.
  • Meet Corporate reporting deadlines.
  • Provide various practice-specific reporting as requested by Controller.
  • Ensure accuracy and completeness of fixed assets records, including depreciation.
  • Implement new fixed asset system.
  • Determine and record discounts/reserves for practices as necessary.
  • Assist in the annual budgeting process for all practices.
  • Maintain working knowledge of applicable laws and regulations as they relate to assigned responsibilities.
  • Maintain confidentiality of all information related to patients, medical staff, finances, and cost-effective health care delivery issues.
  • May oversee functions of Staff Accountants or Accounting Specialists/support staff.
Requirements
  • Bachelor's degree in Accounting, Finance, or related business curriculum.
  • Minimum two to five years of fiscal management experience.
  • Prior health care experience preferred.
  • CPA preferred.


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