Staff Accountant I

Job Description

Job Description

Coffee Regional Medical Center

STAFF ACCOUNTANT I

POSITION SUMMARY

• This position is responsible for assisting in the daily functions related to accounting, analysis and reporting support to assigned departments / divisions. This includes continuous fiscal monitoring and analysis of key performance indicators and identifying and implementing business processes and financial practices that will contribute to improved financial performance. Position is also responsible for implementing and improving financial processes.

QUALIFICATIONS

o Knowledge of GAAP and FASBS related to healthcare and nonprofits

o Knowledge of accounting / auditing workpaper creation techniques

o Excellent customer service skills

o Reads and understands the English language

o Ability to think critically and analytically with little or no supervision

o Possesses exceptional verbal and written communication skills

o Possesses independent work habits, is self-reliant and self-directed

o Ability to learn, adapt, and change as required by the job functions

o Ability to maintain absolute confidentiality of material and information accessed and reviewed

o Intermediate to advanced level of Excel skills

o Ability to maintain attendance to meet standard job practices

o Good interpersonal skills

o Required or in progress :

 Bachelor’s degree in Accounting, Finance or a related field

o Required :

 Minimum of 3 years of related accounting experience

 Sound understanding of general ledger accounting practices

 Demonstrates analytical and communication skills

o Preferred :

 Experience in an audit role within a public accounting firm or governmental agency

JOB SPECIFIC DUTIES AND PERFORMANCE STANDARDS

o Participate in all aspects of the monthly, quarterly and annual GL close process

o Assist in preparation of the monthly financials

o Record, reconcile, and maintain Prepaids on a monthly basis

o Record, reconcile, and maintain monthly amortization schedules : ie : tax, rent, leases, loans

o Reconcile and maintain capital project purchase orders to approved annual budget

o Record, reconcile and maintain Fixed Asset accounts and record monthly depreciation

o Record, reconcile and maintain Construction in Progress and timing of transferring to Fixed Assets

o Record, reconcile and maintain rent income

o Prepare and send monthly rent statements

o Maintain records of expenditures for bond spending, REDLG spending and other grants or funds; this includes preparing summary reports for monthly board reporting

o Investments reconciliation and posting of entries

o Insurance monthly and quarterly true-up entries

o Allowances preparation and monthly entries for multiple entities and departments

o Prepare monthly entity revenue reports for Revenue Cycle Dept

o Various month-end journal entries such as : interest expense, GA provider tax expense, accruals, amortizations, premiums, inventory, and department-specific entries

o Review, reconcile, and resolve discrepancies of assigned General Ledger accounts per written policies

o Assists in the identification and analysis of significant fluctuations in asset / liability account balances, and reports findings to the Controller for follow-up action

o Analyze and monitor significant fluctuations in the Balance Sheet; reporting any findings to Finance management for follow-up action

o Analyze and monitor Actual to Budget fluctuations in the Income Statement for compliance with fiscal accountability and reporting requirements

o Assists in annual budget process and monthly forecasting process

o Assist with the implementation and oversight of the organization-wide project of reconciling all balance sheet accounts on a monthly basis

o Maintain the accounting department’s compliance calendar including reporting dates for surveys, tax returns, audits, grant reports and other reporting requirements.

o Assist with creating and maintaining accounting and finance policies and procedures and department key processes and internal controls. This may also include collaboration with other departments who work with accounting on certain matters

o Prepare audit work papers and provide other information as directed to the external auditors

o Assist in preparation of various governmental reports, tax returns, surveys / questionnaires and special projects as assigned

o Interacts with internal and external auditors and participates in auditing projects

o 1099 Year-end processing, reporting, and distribution

o Assist with special projects, such as software implementations, as needed