Lead Accountant - MD Medicaid; Hybrid

Position: Lead Accountant - MD Medicaid (Hybrid)
Resp & Qualifications

PURPOSE:

Responsible for a multitude of accounting activities, included but not limited to review of journal entries and reconciliations, the month end close process and audit preparation; analyze balance sheet accounts and resolves accounting discrepancies and irregularities by collecting and analyzing account information; ensures that all deliverables comply with generally accepted accounting principles (GAAP). Contributes to other department and organization special projects as assigned.

ESSENTIAL FUNCTIONS:

* Oversee daily accounting operations for government programs (Medicare & Medicaid), including review of premium revenue, medical claims and administrative expenses.

* Ensure completion and accuracy of monthly, quarterly and annual financial statements.

* Assist in audit preparation, ensuring compliance with GAAP and STAT accounting principles.

* Assist accounting staff, provide guidance, training and performance feedback.

* Cross department collaboration to ensure timeliness of accrual estimates.

* Verification of general ledger data through review and maintenance of monthly reconciliations/analyses of reported activity to source and/or supporting documentation. The resolution of outstanding issues through research and analysis as well as the initiation of corrective control measures procedural or transactional. Application of analytical accounting software tools and techniques for compiling, integrating and analyzing data, including trending analyses. Providing timely and informative information regarding the status of reconciliations and related projects to management.

* Review of monthly journal entries. This process requires a thorough understanding of the activity to be recorded as well as proficient analysis of the underlying supporting data ensuring that activity is accurately and correctly recorded.

* Special projects, as necessary. Will include application of accounting and research techniques toward resolution of outstanding material issues or the implementation of new processes. Advanced analyses and trending of financial information are performed to verify the integrity of data in the financial statements. Interpretation of contractual arrangements and designing the appropriate transactional accounting flow. Answers accounting procedure questions by researching and interpreting accounting policy and regulations.

Guides accounting clerical staff by coordinating activities and answering questions.

* Improves accounting job knowledge by attending educational workshops; reviewing professional and technical publications; establishing personal networks; benchmarking state-of-the-art practices; participating in professional societies.

* Strengthen departmental effectiveness through cross-training, documentation of procedures and assistance in responding to audit requests. Assistance and guidance to less experienced staff.

SUPERVISORY RESPONSIBILITY:

Position does not have direct reports but is expected to assist in guiding and mentoring less experienced staff. May lead a team of matrixed resources.

QUALIFICATIONS:

Education Level: Bachelor's Degree in Accounting, Finance or relevant field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Licenses/Certifications Preferred:

* Certified Public Accountant (CPA)

Experience:

8 years must include experience in development and maintenance of financial reconciliations and related schedules.

Preferred Qualifications:

* Experience in the health care industry is helpful and accounting certification (CPA).

Knowledge,

Skills and Abilities

(KSAs)

* Excellent communication skills, both verbal and written, and the ability to work independently, as well as in a team environment.

* Problem solving, analytical and financial modeling skills, with exceptional in-depth knowledge of Generally Accepted Accounting Principles (GAAP).

* Knowledge of PC based applications and Microsoft Office.

* Multi-tasking ability essential to handle multiple priorities and adjust to changing priorities and requirements in a rapidly evolving organization.

* Must be able to meet…