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Financial Operations Specialist

2 months ago

Verona, New Jersey, United States Vanguard Medical Group Full time
Job Overview

Vanguard Medical Group is seeking a highly skilled Staff Accountant to join our team. As a key member of our financial operations department, you will play a critical role in maintaining accurate financial records and ensuring compliance with healthcare financial regulations.

Key Responsibilities
  • Financial Record Keeping: Maintain the general ledger and ensure all financial transactions are recorded accurately and timely.
  • Journal Entry Preparation: Prepare and post journal entries for accruals, prepayments, and other transactions.
  • Monthly and Annual Closing Processes: Assist in monthly and annual closing processes, including reconciliations and financial statement preparation.
  • Account Reconciliations: Reconcile bank accounts, intercompany accounts, and other general ledger accounts on a regular basis.
  • Discrepancy Resolution: Investigate and resolve discrepancies in account reconciliations.
  • Financial Statement Preparation: Assist in the preparation of monthly, quarterly, and annual financial statements.
  • Regulatory Compliance: Ensure that financial reports comply with regulations, including HIPAA and other applicable laws and regulations.
  • Accounts Payable and Receivable: Support accounts payable and accounts receivable functions by verifying invoices, processing payments, and managing vendor relationships.
  • Timely Collection of Outstanding Receivables: Ensure timely collection of outstanding receivables.
  • Internal and External Audits: Assist in the preparation of documentation for internal and external audits.
  • Financial Regulations and Standards: Maintain up-to-date knowledge of changes in financial regulations within the healthcare industry.
  • Tax Filings and Regulatory Submissions: Support the preparation and submission of tax filings, such as sales tax and 1099s, and ensure timely submission of regulatory filings required for healthcare organizations.
Requirements
  • Education: Bachelor's degree in Accounting, Finance, or a related field.
  • Experience: 2-4 years of accounting experience, preferably within the healthcare industry or medical group.
  • Accounting Software: Experience with accounting software, such as QuickBooks or a healthcare-specific accounting system.
  • Attention to Detail and Organizational Skills: Excellent attention to detail and organizational skills.
  • Financial Reporting Tools: Proficiency in Microsoft Excel and other financial reporting tools.
  • Communication Skills: Strong communication skills, both verbal and written.