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Senior Finance Analyst
2 months ago
The Finance Manager at Ethos Holding Corp will play a crucial role in delivering comprehensive accounting support for significant projects and enhancing operational efficiencies. This position requires a thorough understanding of various accounting functions, including accounts payable, accounts receivable, general ledger management, payor contracting, and revenue cycle operations.
Key Responsibilities- Oversee the monthly financial closing process and ensure accurate journal entries are prepared and recorded.
- Conduct detailed account analyses and reconciliations, encompassing bank statements, fixed assets, employee benefit costs, accruals, and prepaid expenses.
- Manage monthly accruals, amortization of prepaid expenses, fixed asset depreciation, and the documentation of adjusting and reclassification journal entries.
- Support the daily, monthly, and annual operations of the Finance Department.
- Establish and maintain a system for recording fixed assets, ensuring compliance with established procedures and controls.
- Facilitate external audits by leading efforts to provide necessary documentation and support.
- Generate financial reports, including financial statements, daily cash position reports, and key financial metrics.
- Collaborate on projects aimed at improving systems and procedures within both costing and financial areas of the Finance Department.
- Review general ledger postings to ensure accuracy in accounts and costs at the time of receipt.
- Provide accounting insights for the evaluation of product margins and costs associated with both existing and new products.
- Safeguard the organization’s value by maintaining confidentiality of sensitive information.
- Enhance accounting controls by proposing and implementing relevant policies and procedures.
- Guide accounting clerical staff by coordinating activities and addressing inquiries.
- Resolve financial discrepancies through thorough analysis and collection of account information.
- Assist in managing federal, state, and local tax obligations, including coordination with tax auditors and government entities.
- Compile and analyze monthly sales and use tax data.
- Focus on continuous improvement initiatives, emphasizing waste reduction and process efficiency.
- Contribute to the development and implementation of reimbursement contract programs with managed care organizations and payors.
- Assist in formulating payor strategies, fostering relationships, and negotiating contracts that align with organizational objectives.
- Work closely with the revenue cycle team to ensure precise recognition of revenues, allowances, and payor reimbursements.
- Support ad-hoc inquiries and projects as required.
- Consistent and punctual attendance.
- Comprehensive knowledge of fundamental accounting principles.
- In-depth understanding of Generally Accepted Accounting Principles (GAAP).
- Awareness of prevailing business trends.
- Familiarity with financial accounting statements.
- Experience with general ledger functions and the month-end/year-end closing processes.
- Hands-on experience with accounting software solutions.
- Advanced proficiency in MS Excel, including VLOOKUPs and pivot tables.
- Meticulous attention to detail and accuracy.
- Strong numerical aptitude and quantitative skills.
- Excellent interpersonal skills, capable of collaborating effectively with colleagues, vendors, and partners.
- High level of professionalism and strong organizational abilities; adept at managing multiple tasks concurrently.
- Bachelor's Degree in Accounting or a related Finance discipline.
- CPA, CMA, or MBA credentials are advantageous.
- A minimum of 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 attention to detail.
- Proficient in MS Excel, including pivot tables and VLOOKUPs.
- Working knowledge of Generally Accepted Accounting Principles.
- Experience in a laboratory or hospital setting is a plus.
- Familiarity with QuickBooks or other multi-dimensional databases is beneficial.
- Strong written and verbal communication skills.
- Ability to maintain confidentiality of sensitive information.
- Capacity to meet tight deadlines efficiently.
- Ability to work independently as well as collaboratively within a team.
- Ability to engage with all organizational levels.
- Strong critical thinking and reasoning skills.
- Work may occur in a laboratory environment, exposing the incumbent to standard laboratory hazards and chemicals.
- Ability to work in varying temperature conditions (heated or air-conditioned).
- Position requires sitting, walking, reaching, bending, and handling objects with hands and/or fingers, as well as talking, hearing, and seeing.
- Must be capable of lifting up to 50 lbs.
- None