Senior Accountant #ESF2945

ExpertHiring•Los Angeles, CA

19d•Onsite

About The Position

This role is with an established healthcare system that is part of the larger CHA Health System, offering stability and long-term growth opportunities. The organization serves one of the most culturally and linguistically diverse communities in Los Angeles, providing staff with meaningful clinical exposure. They offer a wide range of services, including acute care hospital services with specialties in emergency medicine, surgery, behavioral health, and more. The company emphasizes career development opportunities through access to training, continuing education, and internal advancement within the CHA network. They foster a collaborative work environment with multidisciplinary teams focused on patient-centered care and a commitment to community impact by serving an underserved population and making a direct difference in community health outcomes. The organization is also focused on modernization, with ongoing improvements in facilities, technology, and clinical operations. Competitive benefits are offered, including healthcare coverage, retirement plans, and employee wellness programs (varies by role).

Requirements

Bachelor's degree in Accounting, Finance, or other business-related field.
Ability to communicate effectively verbally and in writing.
At least three to five years of experience, with hospital or general healthcare experience preferred.
Knowledge of GAAP required.
Knowledge of healthcare and financial applications.
Proficient in Microsoft Office Suite (e.g., Word, Excel, and PowerPoint).

Nice To Haves

Knowledge of IFRS is a plus.

Responsibilities

Prepare and post all journal entries, financial statements, and supporting documents.
Assist in all accounting functions for the hospital, including AR entries, payroll entries, fixed asset entries, inventory, and other expenses.
Reconcile AR, inventory, and fixed asset accounts.
Lead all audits and reviews, both internal and external.
Post patient revenue contractual adjustments, bad debt, and credit balances.
Manage fixed assets and depreciation entries, and all corporate and intercompany transactions.
Calculate accruals for expenses, including contract labor, utilities, and other operating expenses.
Oversee timely deposits of cash while maintaining accurate accounting records.
Keep the manager updated on all relevant matters pertaining to the position.
Prepare monthly journal entries and maintain complete records of these transactions.
Reconcile bank statements and maintain an accurate running total of cash on hand.
Ensure monthly balance sheet account reconciliations are prepared timely and accurately.
Monitor timeliness and accuracy of capitation payments received from payers.
Ensure all payables are processed accurately and on time.
Maintain a tracking system of all monthly capitation revenue and shared/full risk revenue.
Compile and analyze financial information to prepare financial statements, including monthly and quarterly management reports in accordance with U.S. GAAP.
Oversee accurate and appropriate recording and analysis of revenues and expenses.
Ensure financial records are maintained in compliance with accepted policies and procedures.
Ensure accurate and timely monthly, quarterly, and year-end close processes, meeting all financial reporting deadlines.
Manage daily cash flow and determine excess cash for maximization of return.
Support budget and forecast activities, including flux preparation against actual results.
Prepare for financial audits and coordinate the audit process, including working with external auditors.
Collect and analyze financial information and develop and maintain financial databases.
Ensure compliance with relevant laws and regulations and integrity of financial data.
Assist with ad-hoc procedures and tasks as requested by management.
Prepare monthly internal financial reports for clinical operations management team.
Prepare accruals for primary clinical operations cost and work closely with clinical operations departments.
Work closely with the clinical director to verify accuracy of clinical payments and costs.
Lead a team of one or more junior accountants.
Manage direct reports' workflow, coach, counsel, hire, and discipline.
Provide ongoing feedback and periodic and annual performance evaluations.
Create a work environment that inspires motivation of direct reports.