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Senior Financial Analyst

2 months ago

Memphis, Tennessee, United States University Clinical Health Full time
Job Overview

Position: Senior Accountant

Department: Accounting/ADIF

Employment Type: Full-Time Exempt

Direct Supervisor: Controller

About Us:

University Clinical Health (UCH) stands as the sole independent and physician-led faculty practice plan affiliated with the University of Tennessee Health Science Center. We are dedicated to delivering exceptional clinical services through a network of over 175 providers across 19 specialties, addressing the healthcare needs of the Mid-South community. As a not-for-profit organization, we prioritize serving our community while ensuring medical excellence for our patients.

Position Summary:

The Senior Accountant will play a pivotal role in managing the Company's Contract Receivables portfolio. This includes overseeing billing processes, conducting follow-ups on aged receivables, and generating related reports. Key responsibilities encompass:

  • Assisting in the accurate and timely closing of the general ledger, which includes preparing and posting journal entries, performing account reconciliations, and conducting variance analysis and research.
  • Processing remote deposits and ensuring that general ledger account balances are materially accurate and compliant with internal controls and GAAP.
  • Leading various accounting initiatives and projects, focusing on process enhancements, regulatory compliance, and policy updates.
  • Executing additional duties as assigned to support the overarching objectives of the Accounting Team.

Key Result Areas (KRAs):

  • Comprehensive understanding of Generally Accepted Accounting Principles (GAAP).
  • Expertise in general ledger accounting.
  • Maintain a working knowledge of the terms related to the contract receivables portfolio.
  • Ensure the creation and submission of accurate and timely billing/invoicing for contract receivables.
  • Oversee the fixed assets ledger, ensuring proper setup, timely capitalization, depreciation, and disposal in line with established company policies.
  • Prepare month-end accruals and balance sheet account reconciliations and adjustments.
  • Develop and document business processes and accounting procedures to reinforce internal controls.
  • Utilize systems to enhance efficiency in processes and reporting.
  • Collaborate internally and cross-functionally to achieve the team's overall goals and objectives.

Qualifications:

  • A Bachelor's Degree in Business Administration with a concentration in accounting or a related field.
  • Four to five years of experience in accounting, ideally with a background in public accounting or healthcare.
  • Proficiency in general ledger functions and the month-end/year-end closing processes.
  • Advanced skills in MS Excel, including V-lookups, pivot tables, and if statements.

Equal Opportunity Employment: University Clinical Health is committed to providing equal employment opportunities to all employees and applicants, prohibiting discrimination and harassment of any kind based on race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, genetic information, or any other characteristic protected by federal, state, or local laws.