Senior Accountant

Montefiore Health System

6d • Onsite

About The Position

Working under the supervision of the director and using their knowledge and experience in the field, the senior accountant will be responsible for assisting with the preparation of monthly financial analysis reports, financial statements, and developing and maintaining revenue and accounts receivable related schedules. This role involves detailed analysis of monthly revenue versus budget, inter-company transactions, and outpatient revenue recording. The senior accountant will also act as a liaison during the implementation of the INFOR system within the Financial Accounting department, representing the Revenue team during INFOR testing, sharing knowledge, and overseeing team performance during the transition. Additionally, the position supports internal audits by preparing schedules and responding to auditor requests, specializing in outpatient revenue and accounts receivable information.

Requirements

• Bachelors in Accounting or Finance Required
• 4-6 years in Finance and/or Accounting Required
• A person should have decent training and knowledge of INFOR, as well as the required reports needed for Revenue and AR processes.
• High level of Excel knowledge is required for the purpose of the reports required.
• Must have extensive knowledge of data processing required for month-end procedures (i.e. Journal Entries and Uploads).
• Should be familiar with Revenue/Accounts Receivable analysis for both Inpatient and Outpatient processes.
• Must have experience working directly with NIH and other federal, state, and local funding agencies.
• Must be able to multitask and work with limited supervision.

Nice To Haves

• Masters Preferred
• Accounting/Finance experience within Healthcare preferred
• Familiar EPIC systems (including the CUBE) and how to run the reports on the system Preferred.
• Familiarity with Infor, EPIC preferred

Responsibilities

• Prepare and post monthly and quarterly general ledger activities associated with the month-end close.
• Analyze the monthly revenue versus budget delta to determine current standing and if adjustments need to be made.
• Analyze revenue and receivables to report on monthly variances and trends.
• Review and analyze inter-company transactions for reporting accuracy.
• Act as a liaison during the implementation of INFOR system within the Financial Accounting department.
• Responsible for representing the Revenue team during INFOR testing.
• Responsible for sharing knowledge of INFOR system with team members.
• Responsible for overseeing the performance of team members during the transition and thereafter.
• Perform outpatient revenue recording functions and make adjustments to the general ledger based on this analysis.
• Interact with institutional staff in other departments to obtain revenue information regarding cost centers and ledger accounts.
• Responsible for understanding revenue and accounts receivable for not only the medical center, but other affiliates.
• Prepare a list of new month- end close journal entries that include but are not limited to: Medicaid Cash Transfer, Home-care Transfer, Self Insurance Reclass, Denial Account True-up, Outside entries picked up for St. Luke's Cornwall Hospital after implementation of Infor system, Outside entries picked up for White Plains Hospital after implementation of Infor system, Outside entries picked up for Nyack Hospital after implementation of Infor system.
• Complete the key performance and operating indicators schedules for outside agencies.
• Prepare EPIC gross charge analysis and provide data to MMC operational departments.
• Generate and distribute the monthly outpatient revenue package for Montefiore Medical Center.
• Assist director with any additional work taken on after system transition from other affiliates not previously covered.
• Support internal audit of the company's annual financial statements, including preparation of audit schedules and responding to auditor questions and requests - specializing in outpatient revenue and accounts receivable related information.

Benefits

• An assortment of insurance products and discount programs through Voluntary Benefits.
• Comprehensive benefits available to you when you join our outstanding team!

What This Job Offers

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