Senior Accountant - Boston Medical Center

POSITION SUMMARY:

Under the direction of the Corporate Accounting Team Leadership, the Senior Accountant is responsible for ensuring that close processes are performed timely and accurate financial statements are prepared. This role is also responsible for the timely completion of the tax returns including various IRS and state returns. Other responsibilities include audit preparation, financial analyses, ensuring appropriate GAAP Accounting and internal controls, collaboration with hospital departments and mentoring accounting staff.

Position: Senior Accountant

Department: Accounting

Schedule: Hybrid/Full-Time

ESSENTIAL RESPONSIBILITIES / DUTIES:

• Assist in monthly close process, prepare assigned entries and reconciliations in a timely manner
• Review and post journal entries, prepared by Hospital departments and uploaded by Accounting staff, validate that entries are correct and appropriate support is attached
• Review reconciliations prepared by staff, including providing timely feedback and providing support to resolve reconciling items.
• Oversee the cash reconciliation process for the Health Systems' cash accounts which includes providing guidance and support to staff accountants to ensure timely reconciliation and resolution of reconciling items
• Responsible for intercompany process, which includes recording journal entries, reconciling accounts, investigating variances and working with related entity accounting teams to resolve them, preparing settlement analysis and settling accounts as necessary
• Interact closely with departments to provide support on accounting policy, variance analysis questions, and other questions that may arise
• Prepare budget to actual analysis and trend analysis for assigned P&L accounts, investigate variances and provide explanations in preparation for close meeting with Finance leadership
• Manage preparation of various tax return such as IRS Form 990, Form MA PC and other tax returns processes for various System entities including: sending out the filing timelines and request lists to departments, following up on open items, consolidating responses in an organized manner and sending to tax consultants, providing guidance to the departments which provide input to the tax returns and/or facilitating communication with the tax consultants when additional guidance is needed, fielding questions from tax consultants and management
• Assist with preparation and filing of Unrelated Business Income tax returns with the IRS and multiple states. Calculate UBIT estimates and make timely quarterly payments
• Assist with the preparation of the annual audit package including footnotes. Also responsible for all necessary related analyses, as well as the timely completion of the audit.
• Work closely with Research Finance team to develop policies and workflows to ensure a more efficient and effective process for reporting and managing federal and non-federal research.
• Work closely with Development and Treasury teams to develop policies and workflows for more efficient and effective management and reporting of gifts and pledges.
• Work closely with the Financial Information Systems ("FIS") on changes or upgrades to the accounting system, as well as necessary system maintenance.
• Maintain a level of professional knowledge by attending healthcare related and accounting seminars.
• Provide ongoing training and education, including cross training of staff.
• Promote open communication, team building efforts and collaboration among team members and between departments.
• General routine and ad hoc projects as assigned.
• Create and support a productive and professional work environment.

JOB REQUIREMENTS

EDUCATION:

• Bachelor's Degree required, preferably in Finance or Accounting.

CERTIFICATES, LICENSES, REGISTRATIONS REQUIRED:

• None

EXPERIENCE:

• Requires a minimum of 5 years accounting experience.
• Master's degree plus two years directly related experience may be considered for this level.
• Supervisory experience preferred as directing the work of staff related to monthly and year end close is part of this role.

KNOWLEDGE AND SKILLS:

• Positive attitude, flexibility to work in a highly demanding, fast-paced environment and professional demeanor is necessary to be successful in this position.
• Must be exceptionally organized to multitask, prioritize and meet deadlines and schedules.
• Excellent communication skills and diplomacy to interact and communicate effectively with a variety of Health System staff and external contacts.
• Experience with ERP Systems and exceptional Excel skills and word processing software. Must have the ability to train others.
• Strong analytical skills and be able to apply GAAP in a nonprofit acute care environment.
• Leadership ability to guide, direct, and mentor staff.
• Must be a dedicated team player with the willingness and desire to learn and grow within the organization
• Must be able to maintain strict protocols of all confidential or sensitive information

Req id: 30320