Accounting Specialist

Frontier Behavioral Health•Spokane, WA

8d•Onsite

About The Position

The Accounting Specialist plays a crucial role in ensuring accurate and timely accounting, primarily focusing on revenue and expense processing. Responsibilities include payables and credit card processing, billing preparation, financial reporting, contract compliance, cash monitoring, and related endeavors. Specific duties may include preparing general ledger entries, completing reconciliations, monitoring grant activity, invoice processing, company credit card reporting, daily cash reconciliation, and other related tasks assigned by a supervisor. A thorough understanding of accounting regulations and procedures, including Generally Accepted Accounting Principles (GAAP), is expected. Understanding Frontier Behavioral Health policies and procedures will be critical to success in this position. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following: Maintain accounting records in accordance with Generally Accepted Accounting Principles (GAAP), adhere to standards set forth by the Financial Accounting Standards Board (FASB), and comply with other applicable standards. Accurately enter financial transactions, including but not limited to payments, journal entries, billings, cash receipts, and reports, into accounting systems. Maintain organized and accurate financial records, including electronic and physical files, ensuring proper documentation and compliance with Frontier Behavioral Health policies. Reconcile, record, and monitor daily transactions from multiple bank accounts with entries in the general ledger. This involves comparing records, identifying discrepancies, and ensuring timely financial reporting. Initiate outgoing wire transfers by gathering necessary information such as recipient details, account numbers, and transfer amounts. Maintain detailed records of wire transfers requests, approvals, and supporting documentation for audit and tracking purposes. Maintain a schedule for conducting regular reconciliations of general ledger accounts to ensure accuracy and completeness of financial data. Take prompt action to rectify identified discrepancies by investigating root causes, correcting errors, and preparing adjusting GL entries as necessary. Collaborate with senior accountants to investigate and address discrepancies and develop solutions to resolve them effectively. This may involve communicating with outside agencies, creating adjusting entries in the general ledger, and updating documentation to ensure accuracy and compliance to applicable standards. Work collaboratively with the accounting team to establish and refine procedures that promote accurate and efficient accounting practices. This includes steps for billing, recording transactions, reconciling accounts, and closing entries. Assist in preparing documentation and gathering necessary information for agency audits and external monitoring activities. Aid other accountants in the finance team to ensure continuity of accounting operations and meet deadlines. Collaborate with team members to prioritize tasks, allocate resources effectively, and ensure that critical accounting functions are addressed in a timely manner. Perform any additional tasks or responsibilities as assigned by supervisors, managers, or leadership within FBH. Other Duties as Assigned.

Requirements

Associates or higher degree in accounting, finance, business administration, healthcare administration, or a related field, or a minimum three years accounting experience in health care or nonprofit operations
Two to five years of accounting experience, demonstrating proficiency in accounting tasks and responsibilities
Some accounting experience with applicable healthcare or non-profit may be substituted for education and additional education may be substituted for experience
Strong Analytical Skills: Ability to analyze complex financial data, identify patterns, trends, and discrepancies and provide actionable insights and recommendations
Proficiency in Accounting Software: Demonstrated experience and proficiency in using accounting software for general ledger maintenance, financial reporting, and analysis
Advanced Microsoft Office Skills: Proficiency in Microsoft Office Suite, especially Excel, with advanced skills in data analysis, modeling, and manipulation
Ability to create complex spreadsheets and pivot tables to support financial analysis and reporting
Knowledge of GAAP: Thorough understanding of Generally Accepted Accounting Principles (GAAP) and their application in financial reporting and compliance

Nice To Haves

Prior experience in healthcare or non-profit
Report writing experience
Intermediate to advanced excel experience

Responsibilities

Payables and credit card processing
Billing preparation
Financial reporting
Contract compliance
Cash monitoring
Preparing general ledger entries
Completing reconciliations
Monitoring grant activity
Invoice processing
Company credit card reporting
Daily cash reconciliation
Maintain accounting records in accordance with Generally Accepted Accounting Principles (GAAP)
Adhere to standards set forth by the Financial Accounting Standards Board (FASB)
Comply with other applicable standards
Accurately enter financial transactions into accounting systems
Maintain organized and accurate financial records
Reconcile, record, and monitor daily transactions from multiple bank accounts with entries in the general ledger
Initiate outgoing wire transfers
Maintain a schedule for conducting regular reconciliations of general ledger accounts
Take prompt action to rectify identified discrepancies
Collaborate with senior accountants to investigate and address discrepancies and develop solutions
Work collaboratively with the accounting team to establish and refine procedures
Assist in preparing documentation and gathering necessary information for agency audits and external monitoring activities
Aid other accountants in the finance team
Collaborate with team members to prioritize tasks, allocate resources effectively, and ensure that critical accounting functions are addressed in a timely manner
Perform any additional tasks or responsibilities as assigned by supervisors, managers, or leadership within FBH

Benefits

Paid Time Off – Employees accrue up to 26 days of PTO in the first year of employment
9 Paid Federal Holidays
Sick Leave – Extended Sick Leave and Paid Sick and Safe Time
Compressed Workweek option resulting in up to additional 26 days off per year (for some positions)
Medical
Dental
Vision
403b plan including standard 3% employer contribution plus an additional 3% employer match
Flexible Spending Accounts
Company paid Life Insurance coverage that starts the first of the month following 6 months from your date of hire
Signing Bonus
No-cost licensure supervision for those pursuing clinical licensure
Federal and State Loan Forgiveness Program for qualifying Programs
Reimbursement of License/Certification application fee that is required for the position
Free Employee Assistance Program
Staff Discounts at various FBH partners throughout Spokane