Senior Accountant, Budget & Financial Analyst, Norton Medical Group - Finance

Norton Healthcare - Hills Dales, KY

Full-time

Hills Dales, KY

Ambulatory Health Care Services

About the position

The Sr Accountant, Budget and Financial Analyst-NMG is responsible for maintaining the general ledger and financial records for assigned service-lines and accounting units, ensuring compliance with GAAP and other accounting policies. This role involves preparing and analyzing financial statements, reconciling accounts, and assisting in the development of complex annual budgets and financial forecasts. The position requires collaboration with key stakeholders to evaluate program tradeoffs and identify funding methods, as well as performing financial analyses to support various projects and operational forecasts.

Responsibilities

• Maintain the general ledger and financial records for assigned service-lines and accounting units.
• Prepare, review, and analyze financial statements.
• Reconcile balance sheet accounts and distribute monthly financial and statistical reports.
• Prepare audit schedules and complex annual budgets, financial forecasts, and re-projections.
• Review contracts for accuracy in pay and benefits, ensuring payroll matches contracts.
• Ensure accurate reporting of provider RVUs and proper calculation of the Provider productivity report card.
• Calculate provider productivity bonus accrual and record journal entries in the financial system.
• Calculate provider KPI accrual in accordance with contracts and record within the financial system.
• Ensure proper payment and accounting of provider contract elements such as bonuses and expenses.
• Partner with stakeholders to develop annual operating budgets for assigned accounting units.
• Gather information to develop proposals for volume projections and costs.
• Enter budget proposal data into budget software for consolidation of annual operating budgets.
• Evaluate program tradeoffs and identify alternative funding methods with stakeholders.
• Collaborate in the preparation of periodic operational forecasts using statistical modeling and trend analysis.
• Assist in preparing pro-forma financials for capital projects and provider agreements.
• Perform ROI and cost-benefit analyses for projects.
• Complete assigned reconciliations and resolve reconciling items in a timely manner.
• Assist departmental leadership in preparation for DOR meetings.
• Complete audit schedules with supporting documentation as requested.
• Perform account analysis and other financial project analysis as needed.
• Facilitate the month-end close process for assigned accounting units.
• Balance revenue and contractual adjustments and record various entries to the general ledger.
• Review and analyze income statements and balance sheets for accuracy.
• Analyze and prepare explanations for budget variances and communicate findings to leadership.

Requirements

• Three years of general accounting, financial reporting, and financial analysis experience.
• Bachelor's Degree in a relevant field.

Nice-to-haves

• Three years of budgeting experience in healthcare or public accounting.
• Master's Degree in a relevant field.
• Certified Public Accountant (CPA) for the state (KY or IN) in which this position works.