Senior Accountant
4 hours ago
General Summary
The Senior Accountant serves as a key member of the Finance team at Urology Centers of Alabama (UCA), with primary responsibility for the accurate recording, review, and reconciliation of general ledger activity. This role supports the monthly close process through preparation and review of journal entries, proper revenue and expense classification, payroll and benefit reconciliations, balance sheet account reconciliations, and the timely preparation of monthly financial statements in accordance with GAAP and healthcare industry accounting standards. The Senior Accountant collaborates closely with payroll, operations, and revenue cycle teams to ensure completeness and accuracy of financial data and provides support to management through routine financial reporting and budget to actual variance analysis. The Senior Accountant reports directly to the CFO.
Essential Functions
In collaboration with the CFO, Senior Accountant will develop and plan company financial objectives, including short- and long-range programs in budgeting, profit analysis, ROI project analysis, and accounting systems.
Implement and supervise financial practice management, accounting, and payroll processes across the organization.
Prepare and review monthly financial statements and oversee the company month end close process.
Must actively maintain related licenses without lapses. Any lapse or encumbrance against license must immediately be reported to UCA Leadership.
Working with the CFO, Senior Accountant will evaluate accounting system and develop a long-term accounting strategy.
Oversee and direct preparation of the companies financial statements for monthly Board of Director meetings.
Work with external CPA firm in preparing and reviewing quarterly physician compensation calculations.
Direct financial accounting functions to ensure timely and accurate reporting of corporate financial information for informed decision making.
Develop and maintain systems of internal controls to safeguard assets.
Plan, assign and review work of staff to ensure that group objectives are met. Hire, train, develop and manage staff to ensure that a qualified staff exists to meet department objectives.
Develop and implement financial policies and procedures and ensure compliance.
Oversee Disbursements (payroll and accounts payable) processing.
Manage the development of financial pro-formas and the due diligence for new services development, capital equipment purchase, and expansion plans.
Oversee annual audits on time and with minimal or no adjustments.
Maintain excellent relationships with outside lending institutions, pay sources, and the financial community.
Price and analyze loans and purchasing options for capital expenditures.
Lead or facilitate strategies and steps for cost containment within the organization.
Conduct regular insurance contract performance evaluations, analysis, negotiate and/or renegotiate all insurance contracts.
Develop strategies to increase cash flow including improvements in revenue cycle management all with a target of increasing days cash on hand.
Ensures development and mentoring of staff within the department.
Perform other related duties incidental to the work described herein as may be assigned, delegated or necessary.
Participate in professional associations and community service activities.
Supervisory Requirements
This position will directly supervise Accounts Payable/Payroll Clerk.
Physical Demands
Involves sitting approximately 90 percent of the day, walking, or standing the remainder. Work will require hand dexterity for telephone and office machine operation. May require walking, standing, or sitting for extended periods of time. May require bending or twisting at the waist. May require squatting or kneeling as well as reaching above shoulder height. May require pushing or pulling. Typically, weight of objects that will be lifted, pushed, pulled, or while bending or twisting are 25lbs or less.
Work is performed in an office environment Involves frequent and advanced personal communication and telephone contact with employees and vendors. Work may be stressful at times. Interaction with others is constant and interruptive.
QualificationsMinimum Qualifications
Must show the ability to build relationships with leaders to drive better business performance.
Must display expert Excel skills and knowledge of Microsoft Office products.
Must display expert skills in strategic planning, budgeting, and forecasting processes to lead teams in building complex models.
Must show the ability to analyze and synthesize large amounts of data to identify and present meaningful observations and recommendations.
Must demonstrate excellent organizational and written and verbal communication skills with the ability to collaborate within a cross-functional team environment.
Must show the ability to take initiative, exercising sound judgment in problem-solving and decision making.
Must display skill in developing people and in building teams.
Must show a demonstrated ability to lead complex organizations.
Must contain the knowledge of management and organizational leadership principles and practices.
Must be self-directed with the ability to effectively manage competing priorities and thrive under pressure.
Must be proficient with Microsoft Word and other applications in the Microsoft Office suite.
Bachelor's degree required; CPA required, Accounting or Finance preferred; Masters degree preferred.
Must have a minimum of 5 years of experience in accounting and/or planning and forecasting required.
Must be a proven financial leader with a minimum of five years financial management in healthcare.
Healthcare experience is preferred.
Must have excellent leadership skills and demonstrated ability to lead broad teams in a fast-changing environment.
Must have extensive knowledge of the accounting and regulatory environments that affect Accounting, Tax, and Finance
Must demonstrate the ability to stay up to date with continuing education required for position.
Education, Licensure, Certification
Bachelor's degree in accounting or finance.
CPA required
MBA or Graduate Degree preferred.
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