Senior Accountant

Boston Medical Center (BMC) is more than a hospital. It’s a network of support and care that touches the lives of hundreds of thousands of people in need each year. It is the largest and busiest provider of trauma and emergency services in New England. Emphasizing community-based care, BMC is committed to providing consistently excellent and accessible health services to all-and is the largest safety-net hospital in New England. The hospital is also the primary teaching affiliate of the nationally ranked Boston University School of Medicine (BUSM) and a founding partner of Boston HealthNet – an integrated health care delivery systems that includes many community health centers. Join BMC today and help us achieve our Vision 2030 which is a long-term goal to make Boston the healthiest urban population in the world.

Position: Senior Accountant

Department: Accounting

Schedule: Full Time

Position Summary

Under the general supervision of the General Accounting Team Lead, the Senior Accountant is responsible for preparing and reviewing monthly journal entries and general ledger reconciliations including intercompany transactions with BMC, BMCHP, and BUAP. Additionally this position prepares monthly, quarterly, and annual financial statements, initiate monthly treasury wires, completes 990 tax filing schedules, responsible for abandoned property filing, and assists with monthly/quarterly investment analyses.

Essential Responsibilities / Duties

• Prepare and review standard/adhoc intercompany journal entries between BUMG Corporate, BMC, BMCHP, and BUAP
• Coordinate with the BMC accounting department to ensure all intercompany transactions are recorded accurately and timely in accordance with the monthly close calendar. This will include maintaining and tracking all intercompany journal entries between BUMG and BMC on a monthly basis
• Review standard/adhoc journal entries for the 22 BUMG clinical departments and BUAP
• Prepare all payroll and investment related journal entries for BUMG
• Record monthly eliminations between BUMG Corporate and the BUMG clinical departments
• Prepare all intercompany and BUMG corporate balance sheet reconciliations, prepare all payroll and investment balance sheet reconciliations for BUMG clinical departments
• Review monthly balance sheet reconciliations for the 22 BUMG clinical departments
• Analyze and review interzone, due to/from, and opposite balance transactions on a monthly basis
• Responsible for completing Institutional Support P&L Reconciliation between BUMG and BMC
• Complete monthly chair package roll-forwards and reconciliations regarding assets held at the BMC System
• Compile and prepare monthly, quarterly, and annual financial statements including BUMG Finance committee slides and audited balance sheet, income statement, and cash flow statements for BMC System consolidation
• Complete System-wide elimination schedules and related support applicable to BUMG
• Initiate all monthly, quarterly, and annual BUMG wire requests
• Review monthly intercompany invoices and prepare related corporate liability reports for BUMG Finance Committee
• Primary resource in BOA Cash Pro including approving monthly wires and providing access based on ad-hoc requests
• Assist the Team Lead in preparing Federal and State 990/MAPC tax schedules and quarterly CHIA (Center for Health Information and Analysis) State filing reports
• Responsible for the annual abandoned property filing which includes coordinating directly with BMC Accounts payable, BMC Cash Processing Team, and the State to meet filing requirements
• Support the Controller in investment related functions including preparing necessary forms when creating new accounts, coordinating with BUMG departments regarding withdrawal/contribution of funds, and updating access for users when deemed necessary
• Completes monthly balance sheet metric schedules for BUMG Finance Committee including calculating days cash on hand to assess amounts available to invest
• Assist the Team Lead in preparing annual audit footnote schedules
• Support the Controller in setting up access for BUMG clinical departments with external payroll vendors
• Assist the Controller in updating and maintaining Signature Authorization Matrix
• Promotes open communication, team building efforts and collaboration among team members and between departments
• Participates in employee training; actively promotes knowledge sharing within the department
• Utilizes hospital’s Values as the basis for decision making and to facilitate the hospital’s mission
• Follows established hospital infection control and safety procedures

Must adhere to all of BMC’s RESPECT behavioral standards.

(The above statements in this job description are intended to depict the general nature and level of work assigned to the employee(s) in this job. The above is not intended to represent an exhaustive list of accountable duties and responsibilities required).

Education

JOB REQUIREMENTS

BA/BS in Accounting or Finance is required. A Master’s degree or a CPA is preferred.

Certificates, Licenses, Registrations Required

None

Experience

A minimum of 3-5 years of professional experience is required.

Knowledge And Skills

• Strong accounting knowledge with the ability to apply GAAP principles
• Computer software experience on both a General Ledger System (G/L Lawson/Infor preferred) as well as comparable spreadsheet and word processing software (Microsoft Office Word and Excel.)
• Strong communication skills to interact effectively with a number of parties outside the BUMG Corporate department which include BUMG clinical departments, BMC Account payable, BMC Treasury, and BMC Accounting
• Proven time-management abilities, multitasking with effective priority definition, and demonstrated flexibility with a focus on meeting deadlines
• Committed to the job by adhering to deadlines for assigned tasks even when delays occur; taking ownership of role/task as it relates to the overall impact of the department; attention to details for submitted work on projects/assignments
• Ability to problem solve and make appropriate decisions which include analyzing factors or causes contributing to the unwanted situation, generating a set of alternative solutions to achieve the end goal, evaluate the best solution and implement a plan, and determine what items need to be discussed with supervisor vs made on own
• Personal drive by having a willingness to take on tasks outside normal monthly responsibilities including taking action on own above what was originally asked

Req id: 21297