Senior Accountant-Healthcare Industry

Benefits

• Dental Insurance
• Medical Insurance
• Vision Insurance
• Life Insurance
• Retirement
• Paid Time Off

Must-Haves

• Bachelor degree in Accounting
• Critical thinking skills
• Decisive judgment
• Able to work with minimal supervision
• Able to work in a stressful environment
• Minimum of 5 years of experience as an accountant or similar role in healthcare

Key Responsibilities

• Financial Record Keeping: Maintain accurate and up-to-date financial records specific to healthcare transactions.
• Record and categorize healthcare-related financial transactions, such as patient billing, insurance reimbursements, and vendor payments.
• Budgeting and Forecasting: Collaborate with healthcare management to develop and monitor budgets for various departments. Provide financial forecasts considering healthcare industry trends, patient volumes, and regulatory changes.
• Healthcare Billing and Reimbursement: Oversee billing processes, ensuring accurate and timely submission of claims to insurance providers. Monitor reimbursement activities, identifying discrepancies and addressing them to maximize revenue.
• Compliance: Ensure compliance with healthcare industry regulations, including Health Insurance Portability and Accountability Act (HIPAA) regulations. Stay informed about changes in healthcare laws and regulations affecting financial practices.
• Cost Accounting: Implement and maintain cost accounting systems to track and analyze healthcare-related costs. Work with department heads to analyze and control expenses while maintaining quality patient care.
• Financial Reporting in Healthcare: Prepare specialized financial statements for healthcare organizations. Generate reports for management, healthcare boards, and regulatory bodies.
• Audit Support: Coordinate and support internal and external audits specific to healthcare compliance. Provide necessary documentation and explanations during audits.
• Healthcare Grant Management: Manage financial aspects of grants, ensuring compliance with grant requirements. Track and report on the financial impact of grants on healthcare operations.