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    Senior Regulatory Accountant - Chicago, United States - Shirley Ryan AbilityLab

    Shirley Ryan AbilityLab
    Shirley Ryan AbilityLab Chicago, United States

    3 weeks ago

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    Description

    By joining our team, you'll be part of our life-changing Mission and Vision. You'll work in a truly inclusive environment where diversity and equity are championed through words and actions. You'll contribute to an innovative culture that is second to none, one that embraces curiosity, discovery and compassion. You'll play a role in something that's never been done before as we integrate science and clinical care to help patients achieve better, faster outcomes — as we Advance Human Ability, together.

    Job Description Summary

    The Senior Regulatory Accountant will be responsible for federal and non-federal grant financial management, invoicing, revenue recognition and management of outstanding grant receivables. Prepares program analyses and is expected to be knowledgeable about all Federal award requirements. Proactively identifies opportunities for revenue growth based on changing regulations.
    The Senior Regulatory Accountant will consistently demonstrate support of the Shirley Ryan AbilityLab statement of Vision, Mission and Core Values by striving for excellence, contributing to the team efforts and showing respect and compassion for patients and their families, fellow employees, and all others with whom there is contact at or in the interest of the institute.
    The Senior Regulatory Accountant will demonstrate Shirley Ryan AbilityLab Core Attributes: Communication, Accountability, Flexibility/Adaptability, Judgment/Problem Solving, Customer Service and Core Values (Hope, Compassion, Discovery, Collaboration, and Commitment to Excellence) while fulfilling job duties.

    Job Description

    The Senior Regulatory Accountant will:
    Review and approve grant awards for availability of funds, coordinate communication with the Research Department regarding availability/use of funds.
    Work with Management to present, evaluate, and implement new federal regulations and GAAP requirements
    Work directly with internal and external auditors.

    Proactively monitor grant expenses to ensure worktags are being utilized appropriately and correct where appropriate.

    Prepare and maintain ad-hoc financial reports in Workday.
    Analyze and follow up on outstanding grant receivable balances ensuring payments are received timely.
    Develop procedures and application of grant and clinical trial revenue in accordance with ASC 606 - Revenue from Contracts with Customers.
    Assist with month end and year-end close activities.
    Oversee the financial management of federal and non-federal awards, which includes invoicing, government draw-downs, financial status reports and tracking of funds.
    Assist the Director and Supervisor of Regulatory Accounting with the annual Single (A-133) Audit, including working with external auditors, uploading expenditure data and interfacing with various granting agencies.
    Assist in preparation of the annual Medicare / Medicare Cost Reports
    Assist in preparation of the organization's annual Federal & State tax returns (990 / 990T etc.).
    Prepare quarterly and annual census reports.
    Perform all other duties that may be assigned in the best interest of the Shirley Ryan AbilityLab, including cross training with Grant Analysts.

    Reporting Relationships
    Reports directly to the Supervisor of Regulatory Accounting.

    Knowledge, Skills & Abilities Required
    A Bachelor's Degree in Accounting, Business Administration, or related field is required. Master's degree preferred.
    CPA Required.
    Minimum of 6 years recent experience working in Accounting or Grant Accounting.
    Current understanding of the Uniform Guidance (2 CFR 200) and the Uniform Administrative Requirements for Awards and Subawards to Institutions of Higher Education, Hospitals and Other Non-profit Organizations (45 CFR 74).
    Experience working with GAAP in a Not-for-Profit health care environment preferred.
    Experience with preparing Hospital Cost reports, 990 tax returns and other regulatory reports.
    A relatively high level of analytical ability to gather, analyze, reconcile and interpret financial information and prepare a variety of statements and reports.
    Demonstrates knowledge and understanding of business tools and technology. Advanced working knowledge of Workday ERP, Excel, MS Word, Power Point and Access preferred.
    Excellent organizational and time management skills.
    Self Starter with ability to work well under pressure to meet deadlines while managing multiple priorities.
    Excellent written and oral communication skills; responding to customer requests in a timely professional manner.
    Strong interpersonal skills needed to interpret and explain financial information to employees and management. Establishes and maintains strong working relationships with clientele.
    Ability to work collaboratively to leverage expertise in other functions resulting in improved outcomes and efficiencies.
    Ability to identify and implement opportunities for continuous quality improvement.

    Working Conditions
    Normal office environment with little or no exposure to dust or extreme temperature.

    The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

    Equal Employment Opportunity

    ShirleyRyan AbilityLab is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

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