Accounting Manager - Physician owned clinics

Engagemed - North Little Rock, AR

Full-time - Mid Level

North Little Rock, AR

Ambulatory Health Care Services

About the position

The Accounting Manager will oversee a team of accounting staff, ensuring the accuracy and timeliness of financial records by managing day-to-day accounting operations, analyzing financial data, preparing reports, supervising staff, and maintaining compliance with accounting regulations for all private clients. This role also involves developing budgets, pro formas, forecasts, and projections for various entities.

Responsibilities

• Directly manage a team of accounting staff, assigning tasks, providing training, and evaluating performance.
• Perform revenue and expense analysis and create charts, tables, graphs that explain the relationship between selected items.
• Compare results across providers, clinics, and clients as well as MGMA and HFMA metrics.
• Understand the importance of balance sheet reconciliation and tracking open items for proper resolution.
• Participate in the monitoring of physician compensation and calculation of periodic physician bonuses.
• Prepare accurate and timely financial reports.
• Collaborate with clinic operations personnel, physicians, and other finance team members to prepare budgets, pro formas, etc.
• Review and approve invoices for accuracy of expense allocations in Accounts Payable.
• Monitor balances due to EngageMED (from clients) for proper application of interest and late fees in Accounts Receivable.
• Monitor client bank balances daily to ensure adequate funds are available and review client bank reconciliations for large or aged outstanding items.

Requirements

• Bachelor's degree in accounting or finance is required.
• 5 years' experience in healthcare with working knowledge of the healthcare industry and terminology is desired.
• Strong Excel skills including the ability to organize, summarize, and present analysis using large data sets.
• Strong working knowledge of various reporting tools such as Power BI and/or Tableau.
• Strong written and oral communication skills.
• Ability to maintain a high level of professional skepticism when reviewing financial reports.

Nice-to-haves

• Detail oriented and organized with the ability to easily identify areas that require improvement.
• Strong work ethic with the ability to self-start and work independently or as part of a diverse team.
• Team player with a positive attitude and demonstrates honesty and integrity.