MedStar Health hiring Senior Accountant in Maryland, United States | LinkedIn (2024)

General Summary Of PositionLeads/supervises a team of accountants under the direction of an Accounting Manager to provide generalized accounting and finance support on the coordination and completion of financial reporting within MedStar's various business units. Supported business units include acute care community hospitals, academic hospitals with extensive residency programs, research programs, and academic affiliations, post-acute care providers, physician groups, and specialized allied healthcare providers.

Primary Duties And Responsibilities

• Accountable for analyzing trial balance for errors and omissions in order to report business units financial position accurately.
• Accountable for providing internal financial statements to manager and other financial staff as well as division heads.
• Assists in training, orienting, and developing staff accountants. Develops standards of performance and accounting practices for staff, evaluates performance within the prescribed time frame, and conducts performance management planning.
• Communicates accounting policies and procedures effectively to all tiers of management and effectively documents these procedures in writing.
• Contributes to the achievement of established department goals and objectives and adheres to department policies, procedures, quality standards and safety standards. Complies with governmental and accreditation regulations.
• Critically analyzes submitted data for completeness, accuracy, reasonableness and incorporation of corporate initiatives.
• Identifies accounting issues in the performance of duties. Recommends process improvements to department management.
• Participates in meetings and on committees and represents the department and MedStar in community outreach efforts as required.
• Performs monthly analytical review of income statement to actual to budget analysis and trend analysis for managers review.
• Remains current on the latest relevant accounting and healthcare issues, including governmental regulations and procedures.
• Responsible for compiling reconciliations and ad-hoc requests for the external auditors during the annual and interim audits.
• Responsible for directing the month-end close function for their assigned team.
• Responsible for reviewing all activity in balance sheet accounts as prepared by staff accountants on a monthly basis.
• Responsible for reviewing all monthly closing entries consisting of standard prepaid entries, accrual entries and other types of entries from assigned business unit on a monthly basis as prepared by staff accountants.
• Reviews monthly account reconciliations and account analysis, prepared by staff accountants.
• Works with staff accountants to develop and attain annual performance goals. Conducts mid-year and annual performance reviews of staff accountants.

Minimum QualificationsEducation

• Bachelor's degree in Accounting, Finance, required or
• related field. required

Experience

• 3-4 years 4 years accounting or financial analysis in a public or private accounting setting, preferably in a multi-entity setting. required

Licenses and Certifications

• CPA (Certified Public Accountant) certification preferred or
• working towards CPA license preferred

Knowledge, Skills, And Abilities

• Technical knowledge of GAAP.
• Ability to apply accounting guidance.
• Knowledge of accounting systems and ERP systems, PeopleSoft preferred.
• Advanced skills in Microsoft Excel with the ability to summarize a significant amount of data accurately, perform various data-mining tasks and ad-hoc reporting for senior management.
• Working knowledge of Microsoft Access and PowerPoint applications.
• Excellent written and verbal communication skills with the ability to communicate timely and effectively with various levels inside and outside of the organization.
• Works effectively in a complex and fast paced corporate culture and shared services environment.
• Ability to multi-task and prioritize all assigned tasks in an effective manner.

Why MedStar Health?At MedStar Health, We Understand That Our Ability To Treat Others Well Begins With How We Treat Each Other. We Work Hard To Foster An Inclusive And Positive Environment Where Our Associates Feel Valued, Connected, And Empowered. We Live Up To This Promise Through

• Strong emphasis on teamwork - our associates feel connected to each other and our mission as an organization. In return, our effective team environment generates positive patient outcomes and high associate satisfaction ratings that exceed the national benchmark.
• Strategic focus on equity, inclusion, & diversity - we are committed to equity for all people and communities. We continue to build a diverse and inclusive workplace where people feel a sense of belonging and the ability to contribute to equitable care delivery and improved community health outcomes at all levels of the organization.
• Comprehensive total rewards package - including competitive pay, generous paid time off, great health and wellness benefits, retirement savings, education assistance, and so much more.
• More career opportunities closer to home - as the largest healthcare provider in the Baltimore-Washington, D.C. region, there are countless opportunities to grow your career and fulfill your aspirations.

About MedStar HealthMedStar Health is dedicated to providing the highest quality care for people in Maryland and the Washington, D.C., region, while advancing the practice of medicine through education, innovation, and research. Our team of 32,000 includes physicians, nurses, residents, fellows, and many other clinical and non-clinical associates working in a variety of settings across our health system, including 10 hospitals and more than 300 community-based locations, the largest home health provider in the region, and highly respected institutes dedicated to research and innovation. As the medical education and clinical partner of Georgetown University for more than 20 years, MedStar Health is dedicated not only to teaching the next generation of doctors, but also to the continuing education, professional development, and personal fulfillment of our whole team. Together, we use the best of our minds and the best of our hearts to serve our patients, those who care for them, and our communities. It’s how we treat people.

MedStar Health is an Equal Opportunity (EO) Employer and assures equal opportunity for all applicants and employees. We hire people to work in different locations, and we comply with the federal, state and local laws governing each of those locations. MedStar Health makes all decisions regarding employment, including for example, hiring, transfer, promotion, compensation, benefit eligibility, discipline, and discharge without regard to any protected status, including race, color, creed, religion, national origin, citizenship status, sex, age, disability, veteran status, marital status, sexual orientation, gender identity or expression, political affiliations, or any other characteristic protected by federal, state or local EO laws. If you receive an offer of employment, it is MedStar Health's policy to hire its employees on an at-will basis, which means you or MedStar Health may terminate this relationship at any time, for any reason.