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Healthcare Accountant

2 months ago

Little Rock, Arkansas, United States Alleviant Health Centers Full time
Job Title: Healthcare Accountant - Accounts Payable and General Ledger

Job Summary:

We are seeking a highly skilled Healthcare Accountant with expertise in Accounts Payable and General Ledger to join our growing financial team at Alleviant Integrated Mental Health. As a key member of our team, you will be responsible for ensuring the smooth financial operation of our organization, including processing, verifying, and reconciling invoices and payments, managing AP aging reports, and assisting with month-end closing activities.

Key Responsibilities:

  • Accounts Payable (AP):
    • Process, verify, and reconcile invoices and payments.
    • Ensure accurate and timely payment to vendors while maintaining strong vendor relationships.
    • Manage AP aging reports and assist with month-end closing activities.
    • Reconcile vendor statements and address any discrepancies or issues.
    • Ensure compliance with internal controls, company policies, and healthcare regulations.
  • General Ledger (GL):
    • Maintain and reconcile general ledger accounts, ensuring all entries are accurately recorded.
    • Prepare and review journal entries for month-end close, including accruals, prepayments, and adjusting entries.
    • Assist with financial reporting and the preparation of monthly, quarterly, and annual financial statements.
    • Conduct variance analysis, investigating and resolving discrepancies in account balances.
    • Collaborate with other departments to ensure proper coding of expenses and revenue transactions.
  • Healthcare Accounting:
    • Apply healthcare-specific knowledge to handle financial transactions in a healthcare environment.
    • Work with clinical teams to ensure accurate revenue recognition and financial documentation.
    • Manage interactions with insurance payors regarding accounts payable or claims-related transactions.
    • Collaborate with billing and revenue cycle management teams to ensure accurate financial reporting.
  • Compliance and Reporting:
    • Ensure adherence to healthcare industry regulations, including HIPAA, and internal financial policies.
    • Support annual audits by preparing necessary documentation and responding to audit inquiries.
    • Assist in the preparation and filing of tax documents as required by federal and state regulations.
    • Generate financial reports and dashboards for management, providing insights and analysis.

Requirements:

  • Bachelor's degree in Accounting, Finance, or a related field required; CPA or CMA is a plus.
  • 3+ years of accounting experience in the healthcare industry is required.
  • Strong understanding of Accounts Payable (AP) and General Ledger (GL) functions.
  • QuickBooks and a plus.
  • Advanced knowledge of Microsoft Office Suite, particularly Excel, with the ability to create pivot tables, VLOOKUP, and other financial analysis tools.
  • Knowledge of healthcare regulations, including HIPAA compliance and other applicable healthcare laws.
  • Strong attention to detail, analytical skills, and ability to work independently in a fast-paced environment.
  • Excellent communication and interpersonal skills to collaborate effectively with various teams.

Competencies:

  • Solid understanding of healthcare financial operations, including the interplay between billing, insurance payors, and general accounting.
  • Familiarity with healthcare documentation and claims processes.
  • Strong organizational and time management skills, with the ability to prioritize multiple tasks and meet deadlines.
  • Ability to handle high-volume, detailed work while maintaining accuracy.
  • Problem-solving skills to troubleshoot issues related to payables, ledger entries, and financial discrepancies.

Work Environment:

  • Work Schedule: Monday-Friday, 8am to 5pm.
  • Environment: Teamwork-oriented and positive environment, focused on collaboration and delivering high-quality financial support to the healthcare practice.
  • Physical Demands: The role requires sitting for long periods and using computer systems. Specific vision abilities include close and distance vision, depth perception, and the ability to adjust focus.

About Alleviant Integrated Mental Health:

Alleviant Integrated Mental Health is a dynamic and growing healthcare practice, dedicated to providing mental health services across Arkansas. We offer a collaborative, patient-focused environment with opportunities for professional growth and development.