General Accounting - Senior Accountant

Job Description

Senior Accountants work in the Accounting department and perform a variety of duties such as maintaining the general ledger (GL), reviewing financial statements, preparing financial reports, assisting with internal and external audits and budget processes, and reconciling high risk GL accounts and review of low-med risk GL accounts. Provide training and support to Staff Accountant I & II and Junior Staff Accountants and be lead resource for Accounting Manager in Accounting Department matters.

Senior Accountants have comprehensive knowledge and experience in all aspects of accounting and possess an advanced level of expertise in Accounting and are capable of assisting less experienced team members.

• Utilizing Generally Accepted Accounting Principles (GAAP), responsible for the analysis, reconciliation and recording of complex financial transactions into the Enterprise Resource System (ERP) and maintain supporting documentation and audit trail.
• Monitor transactions for compliance with policies and procedures and GAAP.
• Preparation of timely and accurate reporting of consolidated financial results for all Connecticut Children’s affiliated companies.
• Mastery of all Jr and Staff I & II Accountant functions.
• Provides guidance and oversight to the Jr. and Staff I & II Accountants.
• Trains new team members as directed.
• Serves as a Subject Matter Expert (SME) for all ERP implementations and upgrades.
• Performs monthly balance sheet, income statement and changes in financial position/budget variance analyses and reconciliations.
• Prepares monthly internal and annual audited financial statements.
• Assesses internal controls, including risk assessments, review of risk areas and develops recommendations for enhancements to controls.
• Performs sub-ledger closings, posting and reconciles to general ledger account balances.
• Ensures that all trail balances, sub-ledgers, GLs and intercompany accounts are in balance.
• Reconcile GL to budgeting system as necessary.
• Prepares analyses to assist in the preparation of budgets for review by management.
• Reconcile accounts monthly to ensure accurate reporting and ledger maintenance.
• Maintains documentation and supporting schedules for auditing purposes.
• Recommend ways to reduce costs and enhance revenue.
• Prepare documentation and schedules for internal and external Auditors.
• Reviews schedules prepared by Jr and Staff I & II for completeness and accuracy.
• Analyze financial statements for discrepancies and recommend corrections to Accounting Manager and Controller as necessary.
• Maintains financial security by following internal controls.
• Directs and oversees the annual Escheatment process.
• Establishes new GL codes as requested and ensure appropriate linkage with ancillary budget and financial statement systems as required.
• Participates in design, testing, training and reconciliation on ERP system implementation and upgrades.
• Serves as Accounting SME on all Accounting aspects of the ERP.
• Prepares and updates training materials and provided education to team members as needed.
• Oversees month end closing schedule, coordinates with team members to ensure deadlines are met.
• Prepared preliminary cash flow statement on weekly basis, including 13 week rolling forecast, for review by the Accounting Manager.
• Prepares monthly, quarterly and annual tax filings as required.
• Prepares data in support of and completes annual financial surveys as assigned.
• Serves as a back up to the Accounting Manager for key banking and Accounting functions as needed.
• Other duties as assigned.
• Demonstrates support for the mission, values and goals of the organization through behaviors that are consistent with the CCMC STANDARDS.

No formal supervisory responsibilities.…