Senior Accountant

About Madison Health Madison Health is a community-focused healthcare organization dedicated to providing compassionate, high-quality care close to home. We believe our employees are the heart of our mission and are committed to fostering a supportive, collaborative workplace where every team member can thrive. Why Join Madison Health? Supportive, team-oriented work environment Competitive compensation Comprehensive benefits package (medical, dental, vision, retirement) Paid time off and holidays Opportunities for professional growth and development Meaningful work that makes a difference in our community Position Summary This senior-level professional accounting position is responsible for a variety of tasks that may include the following: administrative banking; coordinating with regulatory agencies and auditors; maintaining the general ledger, subsidiary ledgers and journals; closing the general ledger monthly; and assisting in the preparation of monthly financial and statistical reports. Coordinates with accounting software vendors to set up and maintain accounting systems. Reconciles patient accounting data with the hospital and clinic business offices. Reconciles and analyzes the clinical physician practice management system (EPIC/IHIS) and prepares journal entries, statistical reports and physician compensation calculations. Works closely with managers and directors on accounting, budget and other financial issues. Performs a range of technical duties related to accounting and financial operations, including various analytical assignments related to contracts, patient activity, profitability, budget-to-actual and many other factors. Perform business analysis and project management functions. Trains and mentors other accounting staff. This is a full-time position.

Key Responsibilities:

Maintains the general ledger, journal entries, subsidiary ledgers and reconciliations in a timely, thorough manner as directed by procedures and the Controller. Coordinates with the accounting team and Controller to close the books monthly in an accurate, thorough and timely manner. Maintains all ledgers, journals and other accounting records according to GAAP, all governing laws and in compliance with policies and procedures. Maintains fixed asset ledgers and documentation to support all entries in a complete and timely manner. Files all ledgers, journals and supporting documentation in a complete, timely and confidential manner. Prepares monthly and as-needed financial and statistics reports in a timely, accurate and complete manner. Prepares financial analyses as directed by the CFO and Controller. Coordinates with the accounting team and Controller to prepare financial statements in accordance with GAAP and in compliance with policies and procedures. Leads Accounting team to prepare cost reports, budgets, etc. Files all financial and statistics reports and documentation in a confidential, thorough manner. Processes month-end reports in the clinical practice management system, IHIS/EPIC. Prepares detailed accounting and analysis of revenue, contractual adjustments, bad debt reserve, cash posting and physician compensation from the clinical practice management system, IHIS/EPIC. Calculates physician compensation based on contractual agreements and prepares monthly and quarterly reports for physicians on productivity.

Other Accounting Duties:

Coordinates with bank(s) to ensure timely and accurate processing of wires, ACHs, etc. Works closely with regulatory agencies regarding compliance and any special projects/reporting. Coordinates with accounting software vendors to set up and maintain accounting systems. Leads special projects (i.e., preparation/filing of 1099s, Medicare cost reports, annual tax returns, property evaluation) as necessary and required. Works with outside auditors and accountants in a professional, cooperative manner. Assists Accounting team with the physical inventory count and valuation. Assists Accounting team as necessary to effect timely processing of accounts payable and payroll.

Minimum Qualifications:

Education:

Bachelor s degree in accounting. CPA is preferred but not required.

Experience:

Minimum seven (7) years accounting experience. Previous experience in a healthcare environment preferred but not required.

Knowledge:

Basic knowledge of computers including experience with Microsoft Excel. Basic knowledge of standard office equipment. Must be able to read, write and communicate effectively in English. Demonstrates flexibility, ability to multi-task and effective organizational and interpersonal skills.