Staff Accountant, Corporate Accounting & Consolidations - Full Time, Days

About the role

Be a part of a world-class academic healthcare system at UChicago Medicine as a Staff Accountant. This position will be primarily a work-from-home opportunity, with the requirement to come onsite as needed. The Staff Accountant, Corporate Accounting & Consolidations, is responsible for supporting the accurate and timely preparation of accounting records and financial reporting activities for the University of Chicago Health System and its related entities and partnerships.

Responsibilities

• Prepare routine monthly journal entries and supporting documentation for assigned accounting areas, which may include: Investment transactions, including income accruals, amortization, accretion, valuation adjustments, and gains/losses; Insurance prepaid and accrual activity; Entity eliminations and intercompany activity; Joint venture and partnership activity, including recording financial information provided by external partners; Bonds and debt service, including interest accruals, debt issuance cost amortization, and debt service payments; Grants and pledges, including recording, reconciling, and reporting related activity.
• Perform established accounting processes in accordance with GAAP and department procedures.
• Participate in the monthly close process by completing assigned tasks accurately and within established deadlines.
• Research and resolve accounting discrepancies, escalating complex or unusual items to senior team members.
• Prepare monthly account reconciliations for assigned investment, insurance, elimination, joint venture, debt, grants, pledges, and related accounts.
• Analyze account activity and investigate variances and reconciling items.
• Maintain accurate and organized supporting documentation for journal entries and reconciliations.
• Assist with roll-forward schedules and other supporting schedules used in financial reporting and audit activities.
• Follow up with internal departments and external parties as needed to obtain supporting information.
• Assist with the preparation of monthly, quarterly, and annual financial reporting schedules.
• Support the preparation of bond and debt compliance reports by providing assigned financial information and supporting schedules.
• Assist with quarterly and annual financial statement close and reporting activities.
• Provide requested schedules, documentation, and account support for interim and year-end financial statement audits.
• Assist with maintaining audit schedules and responding to routine audit requests.
• Support the preparation of consolidated financial reporting by completing assigned accounting and reconciliation activities.
• Participate in special projects and operational improvement initiatives as requested by leadership.
• Assist with documenting accounting processes and identifying opportunities to improve efficiency and accuracy.
• Support other members of the Corporate Accounting team with routine accounting and reporting activities as needed.

Required Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 2–4 years of relevant accounting experience.
• Experience with general ledger accounting, journal entries, account reconciliations, and financial reporting.

Preferred Qualifications

• Experience with nonprofit or healthcare accounting is preferred.
• Exposure to investment, debt, consolidation, grants, pledges, or partnership accounting is preferred but not required.
• Certified Public Accountant (CPA) license is preferred but not required.

Skills

• Working knowledge of Generally Accepted Accounting Principles (GAAP) and fundamental accounting concepts, including accruals, prepaids, revenue, expenses, and account reconciliations.
• Basic understanding of financial statement preparation and the accounting close process.
• Ability to follow established accounting procedures and accurately prepare journal entries and reconciliations.
• Ability to identify and research routine discrepancies and appropriately escalate complex or unusual issues.
• Ability to manage multiple assignments and meet established deadlines.
• Proficiency with Microsoft Excel and other financial reporting or analytical tools.
• Strong attention to detail and commitment to accuracy.
• Strong organizational and time-management skills.
• Effective written and verbal communication skills.
• Ability to work effectively both independently and as part of a team.
• Ability to learn and apply accounting concepts to new and unfamiliar transactions.
• Working knowledge of large-scale, complex Enterprise Resource Planning (ERP) systems and an understanding of how transactions flow through the general ledger and financial statements.

Position Details: Full Time (1.0 FTE), Days M-F, Burr Ridge (when/if required to come in office), Department: Financial Reporting, Non-Union