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Senior Accountant 1

Job Details

Baltimore, MD
Full Time
4 Year Degree
Negligible
Day
Accounting

Description

WEBSITE:https://enterprisemgmtinc.com/

COMPANY: Enterprise Management Solutions


DIVISION: Accounting & Finance


DEPARTMENT: n/a


UNIT: n/a


ACCOUNTABLE TO: Chief Financial Officer


ACCOUNTABLE FOR: Billing Specialists, Prior Authorization Specialists


CLASSIFICATION: Full-time hourly. 40 hours per week. W-2.


WORK SCHEDULE: work at 3310 Eastern Avenue, Baltimore, MD 21224 Monday through Friday between the hours of 8:00 AM to 5:00 PM


COMPENSATION RANGE: Compensation ranges hourly between $20.00 - $35.00 per hour; and is commensurate upon experience, expertise, company budget, and verified credentials.


ANTICIPATED TRAVEL: 5% of the time. There is no additional compensation for travel.


SUMMARY OF POSITION RESPONSIBILITIES: We are seeking a highly skilled and experienced Senior Accountant to join our team. As a Senior Accountant, you will be responsible for overseeing the financial operations (receivables or payables) of our company and ensuring compliance with accounting principles and regulations. You will report to the Comptroller (or CFO). This is a key role within our organization, and we are looking for someone who is detail-oriented, analytical, and has excellent problem-solving skills. The work schedule is Monday to Friday from 8:00 AM EST to 5:00 PM EST with an hour break. The position is fully in the office. No hybrid nor remote is offered for this role.

Senior Accountant applies Generally Accepted Accounting Standards (GAAP) and maintains internal controls in all activities; analyzes and records revenue-related policies, provisions, and transactions; perform revenue review, analysis, and testing; oversees and reports on a small team of medical billers; reviews relevant accounting procedures and communicate positions to management or other stakeholders as needed; identify improvement opportunities in processes and systems; perform ad-hoc financial reporting and analysis for internal management; and participate in special projects.

If you are a detail-oriented professional with a strong background in accounting, we would love to hear from you. Join our team as a Senior Accountant and contribute to the success of our organization.

SCHEDULED DUTIES AND RESPONSIBILITIES:

  • Compile and analyze financial information to prepare journal entries and reconciliations within determined deadlines. Verify transactions are properly supported in accordance with pertinent policies and are classified and recorded according to acceptable accounting standards.

  • Oversee medical billing team to ensure steady stream of revenue, accurate reporting, and timely resolutions of denied claims. Provide key accounting input to management ensuring the effectiveness of company policies.

  • Perform data analysis on medical data and validate data for reasonableness and compliance with relevant accounting standards.

  • Research relevant accounting standards to validate company positions, related best practices, and/or industry consensus and communicate to management or other stakeholders as needed.

  • Analyze and review procedures and controls to ensure proper revenue recognition.

  • Develop highly efficient processes for collecting data to resolve systematic deficiencies for monthly required reporting. Develop & maintain written work instructions.

  • Incorporate continuous review and improvement of processes in day-to-day activities and propose recommendations for improving the organization's accounting operation.

  • Review and enforce related internal controls and coordinate resolution of audit recommendations.

  • Perform double entry bookkeeping and maintain accurate financial records

  • Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements

  • Conduct account reconciliations to ensure accuracy and completeness of financial data

  • Assist in the preparation of budgets and forecasts

  • Manage accounts payable and/or accounts receivable processes

  • Prepare and submit regulatory reports in compliance with applicable laws and regulations

  • Provide technical accounting expertise and guidance to other team members

  • Collaborate with internal stakeholders to develop financial strategies and make informed business decisions

  • Assist with the implementation of internal controls to ensure compliance with SOX requirements

UNSCHEDULED DUTIES AND RESPONSIBILITIES:

  • Participate in external and internal audits/surveys (CARF/CSA/OHCQ) as directed by the supervisor.
  • Participates in quality assurance and performance improvement plans by completing periodic audits or other activities to ensure regulatory compliance and/or improve service delivery.
  • Assist the supervisor with any work-related tasks as requested.
  • Collaborate with and serve as program POC for external treatment providers and outside agencies as needed.
  • Responsible for following regulations of COMAR, CARF, any other regulatory body, and company policies/ procedures related to service delivery and documentation and co-facilitating orientation of all new hires to these as well.
  • Support the maintenance of a safe environment by participating in training and drills as requested.
  • Advise the supervisor on the development and implementation of protocols to better enhance the efficiency of day to day operations effecting change when approvals are made.
  • Troubleshoot and abate any issues that could adversely affect the day-to-day operations.
  • Report to the Supervisor daily and as requested. Report deviation of operational standards to CEO daily.
  • Collaborate with department leaders, external landlords, vendors, utilities providers, housing related external entities and supervisees regularly as needed.
  • Have knowledge of Policies and Procedures
  • Maintain a working knowledge of COMAR as it pertains to assisted living and other residential regulations within the scope of services rendered by the company.
  • Report to the CEO, COO, manager via email when starting and ending service period if not using Company’s time keeping system.
  • Check emails and company group texts at least every 30 minutes while on duty; respond accordingly.
  • Assist the CEO, COO and/or contract manager with other services as requested / directed.

PHYSICAL DEMANDS: Regularly walk, stand or stoop; occasionally lift, carry, push, pull or otherwise move objects weighing up to 25 pounds; and regularly drive a motor vehicle.


WORKING CONDITIONS: Some work is performed in an office.


DISCLOSURES: The specific statements shown in each section of this job description are not intended to be all inclusive. They represent typical elements and criteria considered necessary to perform the job successfully. The job’s responsibilities/tasks may be modified and/or expanded over time. Company will inform the personnel member when changes in the respective job description are made.

Qualifications

COMPETENCIES AND SKILLS:

  • Must demonstrate strong analytical skills and knowledge of business and industry issues.

  • Must demonstrate advanced proficiency in Excel techniques and data analysis.

  • Must demonstrate understanding, application, and research in GAAP accounting.

  • Experience with QuickBooks (or similar) and related reporting tools preferred.

  • Experience in medical billing or health insurance industry.

  • Attention to detail and proven ability to follow standard procedures is required.

  • Ability to work on own initiative and meeting demanding deadlines.

  • Experience in cross-functional teams required.


LEVEL OF EDUCATION/TRAINING/QUALIFICATIONS:

  • A bachelors degree in accounting or finance (Master's degree preferred)
  • CPA certification is preferred
  • Must have 2+ years of accounting experience as a Staff Accountant level or higher.
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