Summary: Under the direction of the CFO, and in cooperation with other divisions, this position is responsible for the preparation of monthly financial statements, budgets; conducting internal audits and monthly account reconciliations; and assisting with other financial activities of the corporation, i.e., annual external audit preparation, cost & utilization analyses, financial analyses and projections, special reports, etc.
Specific Duties:
Under the direction of the CFO, and in cooperation with other divisions:
- Direct and supervise designated division employees on day-to-day accounting functions including: Accounts Payable, Accounts Receivable, General Ledger, bank recons, etc.
- At the direction of the CFO, draft annual corporate divisional goals and objectives, annual and long-range operating and capital budgets, and related cash forecasts.
- On a regular basis, monitor the company’s financial position compared to budget and prepare related reports.
- Responsible for oversight of cash management and weekly provider disbursements in coordination with Director of Payroll & AP/AR.
- Prepare monthly and year-end journal entries and supporting schedules; perform initial account analysis to ensure correct coding; monthly account reconciliation and financial statement preparation.
- Prepare external workpapers and participate in annual audit process, ensuring a 100% clean, independent audit.
- Maintain inventories of all fixed assets by division, both new, in service, fully depreciated and out of service.
- Perform regular trend analyses; research and document variances in budgeted revenues / overhead/ expenses/earnings and cash on a division and corporate basis.
- Serve as a resource to other divisions as needed. Assist clients with reporting and information requests.
- Ensure compliance with all bank covenants and requirements
- Under the direction of the CFO, act as a liaison with external agencies on related matters, i.e., banks, audit firms. Prepare reports, tax returns as directed.
- In coordination with IT, participate in IT development efforts that relate to the Fiscal division.
- Assist VP, Claims Administration Division in month-end client billing close activities.
- Ensure compliance with GAAP and corporate policies/procedures; review and maintain policy/procedure manuals, make recommendations as deemed appropriate.
- Be knowledgeable of and proficient with proprietary system(s), Microsoft Dynamics (Great Plains), Access and Excel.
- Maintain all accounting and financial software in current and operational condition.
- Advise CFO on activities in field. Keep abreast of developments in field and provide regular updates and reports.
- Responsible for special fiscal division reporting requests/queries.
- Perform other related duties as directed or deemed appropriate. Attend meetings as requested.
Qualifications:
- Bachelor’s degree in accounting/finance or related field preferred from an accredited institution with a GPA of high financial accounting proficiency.
- Experience in directing full-cycle accounting functions (A/P, A/R, G/L, P/R, financial statements) preferred.
- Minimum 5 years’ general accounting experience in audit or healthcare field.
- Minimum 3 years’ experience supervising professional-level staff.
- Experience in insurance/HMO environment preferable.
- Advanced proficiency in Microsoft office: Excel, Access, and Word.
- Experience with Microsoft Dynamics (Great Plains)
- Excellent communication skills (written and oral) required.