Staff Accountant III - Needham, United States - Brigham & Women's Hospital(BWH)

Description

GENERAL SUMMARY/ OVERVIEW STATEMENT: Summarize the nature and level of work performed.

Reporting to the Finance Manager, this position is responsible for supporting BWPO-Surgery's financial accounting, reporting processes, selected budget matters, ad hoc analysis, and other projects.

Ideal Candidates:

• 4 years full general ledger experience
• Related reconciliations within GL accounts experience
• Candidates looking to grow within the profession and organization

PRINCIPAL DUTIES AND RESPONSIBILITIES: Indicate key areas of responsibility, major job duties, special projects and key objectives for this position. These items should be evaluated throughout the year and included in the written annual evaluation.

General Ledger Functions / Monthly Accounting Closes

• Responsible for creating, preparing, documenting and reviewing monthly/quarterly journal entries for the general ledger to ensure accuracy. Review all non-feed journal entries impacting BWPO-Surgery's general ledger and report/correct any issues. Work closely with management and Partners accounting staff in preparation/analysis of entries. Oversee and coordinate with other staff members to provide coverage for all standard departmental journal entries.
• Provide accounting support to the Finance Manager in maintaining BWPO-Surgery's general ledger and reconciliation process. Review financial operating data relating related to both physician practice and non-clinical cost centers for completeness and accuracy.
• Fully responsible for all aspects of the BWPO-Surgery Cashbook. Reconcile credit card postings to documentation prepared by divisions. Reconcile bank activity to non-patient cash postings deposited by business office or clinical program staff to ensure the accurate receipt of all related revenue. Prepare related cash entries. Reconcile Central Payment monthly cash transfers from BWPO-Corp monthly. Reconcile cosmetic sales and submit payment to the State for subsequent sales tax.
• Review balance sheet account reconciliation prepared by PHS. Recommend adjustments and prepare appropriate journal entries.

Budgeting / Reporting / Planning

• Responsible for analysis, review, budgeting and reporting of approximately $46 million "Other Income" revenue stream from related parties, including BWH, PHS, BWPO, and other entities to ensure proper receipts and accounting for these activities. Manage key activities daily and determine operational adjustments to meet revenue objectives.
• Assist in preparation of the Department's general/administrative and unallocated cost budgets of $8 million. Directly responsible for Rent and Overhead budgets for all satellite locations. Create the OH and rent structures for any new clinic space.
• Provides senior level accounting support with budget preparation and expenditure review of 6 BWH Surgical Services cost centers. Preparation of monthly/quarterly reconciliation of performance versus budget for senior management. Provide Finance manager with GL analysis and reconciliation process to ensure appropriate adjustments are communicated and follow-up is performed on a timely basis. Preparation of monthly Position Control reconciliation and Resident Affiliate Recovery and report findings to Finance Manager.
• Analyze Research & Education cost centers as well as various Research seed money cost centers as budgeted by Department and report budget to actual variances to the Finance Manager.

Miscellaneous

• Prepare standard and ad hoc basis analysis for review with the Finance Manager, other business office staff and division staff. Prepare any resulting or related journal entries with appropriate supporting analysis and backup.
• Provide training and technical support for accounting and administrative applications for other staff, management and division administrators. Use Excel to develop automated applications to streamline high volume and business critical manual processes. This includes Hyperion budget, Vision and Excel.
• Other duties/projects as assigned.