Description As a Senior Accountant within the healthcare sector, you will play a critical role in ensuring the accuracy and integrity of financial reporting and compliance within the organization. You will be responsible for overseeing various financial activities, including budgeting, forecasting, financial analysis, and regulatory compliance. The ideal candidate will possess strong analytical skills, attention to detail, and a deep understanding of accounting principles specific to the healthcare industry.Key Responsibilities:Financial Reporting:
Prepare and analyze monthly, quarterly, and annual financial statements in accordance with GAAP and healthcare industry standards.
Ensure the accuracy and completeness of financial records, including balance sheets, income statements, and cash flow statements.
Coordinate with internal departments to gather necessary financial data for reporting purposes.
Budgeting and Forecasting:
Assist in the development and maintenance of the annual budgeting process, including revenue projections, expense allocations, and capital expenditures.
Collaborate with department heads to monitor budget performance and identify variances, providing recommendations for cost-saving measures where necessary.
Prepare financial forecasts based on industry trends, regulatory changes, and organizational goals.
Regulatory Compliance:
Stay abreast of healthcare industry regulations and compliance requirements, ensuring adherence to applicable laws and standards (e.g., HIPAA, Medicare/Medicaid billing regulations).
Assist in the preparation of financial reports for regulatory agencies and external auditors, ensuring compliance with reporting deadlines and requirements.
Implement internal controls and procedures to safeguard financial assets and maintain compliance with regulatory standards.
Process Improvement:
Identify opportunities to streamline financial processes, enhance data accuracy, and improve efficiency through automation and technology solutions.
Collaborate with cross-functional teams to implement process improvements and best practices in financial management and reporting.
Provide training and support to staff members on financial procedures and systems to ensure consistent adherence to established protocols.
Requirements
Qualifications:
Bachelor's degree in Accounting, Finance, or related field
At least 5 years of progressive accounting experience, with at least 2 years in the healthcare industry.
Strong understanding of GAAP and healthcare industry accounting principles.
Proficiency in financial reporting software (e.g., SAP, Oracle) and advanced Excel skills.
Excellent analytical and problem-solving abilities, with keen attention to detail.
Effective communication skills, with the ability to convey complex financial information to non-financial stakeholders.
Proven ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
Experience with regulatory compliance in the healthcare sector preferred.
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