Sr Staff Accountant, Accounting & Financial Rerporting
- Req. Number: 7478
- Address: 3200 Burnet Ave
- City, State: Cincinnati, OH
- Posted Date: 5/25/2023
Job Description
Sr Staff Accountant, Accounting & Financial Reporting
UC Health is hiring for a Full-Time Sr Staff Accountant in the Accounting & Financial Reporting Department at the UC Health Business Center. Reporting to the Manager, Accounting Services, the Fixed Asset Accountant will be responsible for all aspects of accounting relating to Construction in Process (CIP) and Fixed Assets in a high volume, multi-location environment. In addition, this role reviews the work of staff accountants, provides training and mentoring to staff.
About UC Health
UC Health is an integrated academic health system serving Greater Cincinnati and Northern Kentucky. In partnership with the University of Cincinnati, UC Health combines clinical expertise and compassion with research and teaching-a combination that provides patients with options for even the most complex situations. Members of UC Health include: UC Medical Center, West Chester Hospital, Daniel Drake Center for Post-Acute Care, Bridgeway Pointe Assisted Living, University of Cincinnati Physicians and UC Health Ambulatory Services (with more than 900 board-certified clinicians and surgeons), Lindner Center of HOPE and several specialized institutes including: UC Gardner Neuroscience Institute and the University of Cincinnati Cancer Center. Many UC Health locations have received national recognition for outstanding quality and patient satisfaction. Learn more at uchealth.com.
Responsibilities
CIP and Fixed Assets
Monthly Close and Account Reconciliations
Year-end and Audit
Process Improvement
Other Tasks
Qualifications
Sr Staff Accountant, Accounting & Financial Reporting
UC Health is hiring for a Full-Time Sr Staff Accountant in the Accounting & Financial Reporting Department at the UC Health Business Center. Reporting to the Manager, Accounting Services, the Fixed Asset Accountant will be responsible for all aspects of accounting relating to Construction in Process (CIP) and Fixed Assets in a high volume, multi-location environment. In addition, this role reviews the work of staff accountants, provides training and mentoring to staff.
About UC Health
UC Health is an integrated academic health system serving Greater Cincinnati and Northern Kentucky. In partnership with the University of Cincinnati, UC Health combines clinical expertise and compassion with research and teaching-a combination that provides patients with options for even the most complex situations. Members of UC Health include: UC Medical Center, West Chester Hospital, Daniel Drake Center for Post-Acute Care, Bridgeway Pointe Assisted Living, University of Cincinnati Physicians and UC Health Ambulatory Services (with more than 900 board-certified clinicians and surgeons), Lindner Center of HOPE and several specialized institutes including: UC Gardner Neuroscience Institute and the University of Cincinnati Cancer Center. Many UC Health locations have received national recognition for outstanding quality and patient satisfaction. Learn more at uchealth.com.
Responsibilities
CIP and Fixed Assets
- Monitor and review Construction in Process (CIP) and work closely with project managers to ensure timely in-service dates with proper useful lives and asset classifications
- Review, analyze, and process all capital asset disposal and capital asset transfer requests
- Prepare and enter Fixed Assets, disposals, adjustments, and transfers
- Handles complex strategic projects for capitalization
- Review operating expenditures to determine if any cost should be capitalized
- Ongoing evaluation of Fixed Asset Inventory
Monthly Close and Account Reconciliations
- Assist with monthly closing of Asset Management
- Prepare Fixed Asset roll-forward
- Prepare Balance Sheet reconciliations & analytics for Fixed Asset accounts
- Responsible for reconciliation of Fixed Asset subledger to General Ledger balances
- Update the Construction in Process (CIP) tracker and reconciliation
- Compile and post GL entries as needed
- Develop an in-depth understanding of required accounting, internal controls, and applicable processes/procedures related to assigned accounts.
- Ensure all reconciliations meet established UC Health reconciliation standards
Year-end and Audit
- Ensure all Projects in-service during the Fiscal Year have been Capitalized
- Manage the annual Fixed Asset Impairment testing process
- Assist in the preparation audit schedules, including Impairment and ARO
- Assist in preparation of documentation for audit requests
Process Improvement
- Continually review processes and procedures and identify potential improvements
- Assist in developing plans and implementing process improvements by working within and outside department
Other Tasks
- Develop a thorough understanding of accounting principles and standards and assist in accounting research and documentation as directed
- Assist with ad-hoc reporting requests and other projects as requested by management
- Back-up to GL Accountants if/when necessary
Qualifications
- Bachelor's Degree in Accounting, required
- 3 to 5 years of equivalent experience, required
- Strong Fixed Asset experience, understanding of Capital Policies, Monthly Close Process, Financial Reporting, and GAAP concepts, preferred
- Advanced skills in Excel, preferred
