Senior Accountant - Rye Brook, NY

Sonic Healthcare USA•Rye Brook, NY

3d•Hybrid

About The Position

The Senior Accountant provides management with critical financial information by preparing monthly financial statements, including departmental variance analysis by general ledger account (month-over-month, year-over-year) in a consistent and timely manner. The position requires sound knowledge of Generally Accepted Accounting Principles (GAAP), particularly as they relate to healthcare, revenue recognition, contractual adjustment/bad debt allowance estimates, and accrual accounting. Communicates financial results in a meaningful way to management, contributes to the preparation of departmental and company procedures, and manages accounting projects and other responsibilities as necessary.

Requirements

A Bachelor's Degree in Accounting or Finance
Knowledge of GAAP

Responsibilities

Coordination of the month-end close and review process for two locations
Responsible for month-end close procedures and monthly financial statements, including preparation of monthly journal entries, account reconciliations and analysis of results; utilize database reporting to streamline monthly closing process, including departmental variance analyses by general ledger account (month-over-month, year-over-year).
Responsible for estimating revenue, contractual reserves, and bad debt in accordance with GAAP, and evaluation of accounts receivable
Forecasting, reconciling, and recording payroll and benefit entries.
Monitoring of cash/treasury balances.
Evaluate corporate insurance options and monitor cost
Proactively identify and implement process improvements to streamline accounting processes
Responsible for internal controls of accounting procedures; coordinate with Accounts Payable and Receivable teams
Support the external audit of the company’s annual financial statements, including preparation of audit schedules and responding to auditor questions and requests
Work with department heads to generate, record, and maintain accrual balances
Work with department managers to ensure protocols are followed, expenses are properly managed and adherence to established budgets
Maintain all purchase and lease contracts; develop pre-paid expense schedules
Maintain a real-time fixed asset schedule, location, depreciation, owned/leased, tie to any financing schedules and maintenance agreements
Work with Financial Analyst and Director of Purchasing in executing cost reduction projects; understand cost drivers and monitor planned costs savings vs. actual
Updating of annual allocations methodology for cost allocations.
Preparation of tax reporting and related work papers.
Proactively identify and implement process improvements to streamline accounting processes
Contribution to the development and monitoring of departmental and company financial/accounting procedures for the manager and senior management review and approval.