Senior Accountant - Liabilities-2

Medical University of South Carolina • Remote- South Carolina, SC

12d • Onsite

About The Position

The Senior Accountant for Liabilities reports directly to the Liabilities Manager. This position is responsible for the review and maintenance of all MUSC leases, ensuring compliance with GASB and FASB standards. The role also involves pension and other post-employment benefit calculations, reconciling deferred inflows and outflows, long-term debt calculations, and managing payroll liability accounts.

Requirements

• A bachelor’s degree in a business-related field.
• Four (4) years work experience in a business-related area such as accounting, business, audit or finance.
• Strong analytical skills.
• Strong communication skills.
• Strong teamwork skills.
• Ability to multi-task and meet deadlines.
• A solid working knowledge of Microsoft Excel, Microsoft Access, and Outlook software.

Nice To Haves

• Microsoft PowerPoint software is a plus.
• Adobe Acrobat software is a plus.
• A bachelor’s degree in accounting.
• Hospital/healthcare-based work experience.
• MBA or CPA designation a plus.

Responsibilities

• Regular review and maintenance of all leases for the organization.
• Reconcile cash payments to the general ledger to determine if accruals or prepaid adjustments are necessary.
• Coordinate with Accounts Payable in the setup of recurring and one-time lease payments due to landlords.
• Present lease accounting calculations using multiple methodologies, from operating expenses to balances that reflect GASB 87 or ASC 842.
• Become proficient with the Organization’s lease accounting software to calculate net present values for liabilities and assets, as well as articulate incremental borrowing rates and communicate with other affiliated companies on intercompany leases.
• Maintain regular review of leases to determine if re-measurement is applicable based on changes to the lease agreement.
• Deliver ad hoc lease calculations or reports upon request by market.
• Responsible for month-end entries as it relates to interest, leases and pension and OPEB, including the RMC pension. Entries are entered timely and workpapers are meticulously maintained and tick-marked.
• Summarize and organize workpapers on a consolidated basis as well as by market and/or facility, if necessary.
• Assist with the independent support organizations of the Health System.
• Support and tick mark balances and the transaction detail level with appropriate documentation.
• Assist with the year-end audit.
• Submit workpapers within a timeline and work with the external auditors to provide additional support as needed.
• Assist with compiling footnotes and coordination with other general ledger team members in analysis of account balances.
• Calculation of Pension and Other Postemployment Benefit (OPEB) calculations.
• Use historical data and consultation of other agencies to determine projections.
• Work closely with Payroll to understand quarterly submissions of retirement contributions (Form 1246), reconciliation to the pension and OPEB workpapers as well as the payroll liability accounts.

Benefits

• The Medical University of South Carolina is an Equal Opportunity Employer.
• MUSC participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior