Sr Accountant

** Description*
* Penn Medicine is dedicated to our tripartite mission of providing the highest level of care to patients, conducting innovative research, and educating future leaders in the field of medicine. Working for this leading academic medical center means collaboration with top clinical, technical and business professionals across all disciplines.

Today at Penn Medicine, someone will make a breakthrough. Someone will heal a heart, deliver hopeful news, and give comfort and reassurance. Our employees shape our future each day. Are you living your life's work?

Summary:

+ Under the guidance of the Director of Financial Accounting or Chief Accounting Officer, assist in statement preparation and analysis for Doylestown Hospital and Doylestown Health System.  Perform routine and specialized accounting duties; record transactions and complete account reconciliations to ensure appropriate documentation and verification of assets and liabilities.  Prepare and compile statements for related entities as assigned (e.g., Doylestown Health Foundation, DH Physicians, Doylestown Hospital Authority).  

Support annual financial audit and IRS 990 submission; assist in annual budget and other finance projects.  Comply with fiscal policies and internal controls to safeguard assets and ensure integrity of financial transactions and reports.

Responsibilities:

+  1. Assist in the preparation of monthly and fiscal year financial statements for Doylestown Hospital and Consolidated Doylestown Health System.
Perform daily and monthly tasks to ensure timely and accurate close of fiscal period.  Prepare monthly closing schedule, planning work accordingly to meet timelines.
Monitor checklists to ensure critical functions are completed timely and ensure the Accounting Department meets various deadlines and provides appropriate data as required.
Complete quality and 'cross-check' tasks to ensure accuracy of current period actual and budgeted figures as well as comparisons to previous periods.
Collect and reconcile financial data; conduct routine variance analysis to ensure accurate recognition of revenue and expenses.
Review departmental expenses to ensure precise and relevant reporting of operations, and to ensure appropriate recording of expense accruals and pre-paid expenses.
Update report formats to enhance statements or to reflect changes in organizational structure.
Evaluate statistical and financial data and present in meaningful format; ensure accurate and pertinent data is provided; review issues and trends with management as needed.
Maintain accountability for integrity of financial accounting data and transactions as recorded.
2. Perform routine and specialized accounting duties, record transactions and conduct variance reviews. Complete account reconciliations in a timely manner; prepare and maintain reports as assigned to ensure appropriate documentation and verification of assets and liabilities.
Prepare standard and adjusting entries in accordance with the fiscal closing schedule; determine appropriate accruals; initiate, review and record transactions promptly and accurately.
Prepare analytical summary, posts transactions, and compete final journal entries as appropriate for specialized items such as net patient revenue, gifts and bequests, investment income, interest rate swap, pension plan, self-insured liabilities and practice subsidies.
Adhere to standards for preparation of informative and timely account reconciliations for assets, liabilities and net assets as assigned; ensure accuracy and thoroughness to avoid the need for material corrections.
Reconcile deposits on a daily basis; review payments and receipts and complete proper recording of patient revenue, donations, operating and miscellaneous revenue.
Complete reports and variance analysis as relevant for assigned areas; promptly bring significant variances, errors or inconsistencies to the attention of management.
Monitor Meditech monthly accrual, expense allocation, exception report and interface between entities to ensure accurate current information.
Support business operations of General Accounting department, assisting with fiscal processes for…