01/05/2023
Job Title: Staff Accountant
FLSA Classification: Hourly, Non-Exempt
Supervised By: Controller
Schedule: Schedule will be determined by supervisor and based on business need.
Overview:
The Staff Accountant is responsible for assisting the Controller in maintaining accurate and timely financial reporting; ensuring acceptable levels of internal control; ensuring compliance with all federal, state, and local regulations and Northern Oaks Standard Operating Procedures; and safeguarding company assets. For this role, the emphasis is placed on the management of Accounts Receivable, Accounts Payable, Payroll, Resident Account Audits, Medicaid Reimbursement claim processing, and collections.
Minimum Qualifications:
• Education and/or Experience: Minimum of (or working towards) Associate degree in Accounting (B.A. or B.S.) and/or 2+ years of relevant accounting experience.
• Language Skills: Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write simple correspondence. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees.
• Reasoning Ability: Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram.
• Computer Skills: To perform this job successfully, an individual should have knowledge of accounting software, preferably QuickBooks.
• Proficient with Microsoft Office and Excel.
• Proficient use of a 10-key calculator.
• Able to work in a fast-paced environment and maintain attention to detail.
Essential Job Duties:
• Maintain a warm and friendly demeanor at all times.
• Must be able to effectively communicate both verbally and written, with all level of employees and guests in an attentive, friendly, courteous, and service oriented manner.
• Must be effective at listening to, understanding, and clarifying concerns raised by employees and guests.
• Must be able to multitask and prioritize departmental functions to meet deadlines.
• Approach all encounters with guests and employees in a professional, attentive, friendly, courteous, and service-oriented manner.
• Must be effective in handling problems, including anticipating, preventing, identifying, and solving problems as necessary.
• Must be able to maintain confidentiality of information
• Knowledge of accounting regulations and procedures, including the Generally Accepted Accounting Principles (GAAP).
• Data entry, oversight, and reporting for direct clients’ accounts payable and accounts receivable.
Responsibilities:
• Completes monthly processing including scanning rent checks, billing of late fees, collection fees, and month end resident ledger posting.
• Processes security deposit and reviews move outs to ensure processed correctly.
• Scans vendor invoices and processes payments on a weekly basis.
• Reconcile vendor statements.
• Maintains and confirms accuracy of tenant ledgers.
• Maintains bank account activity files and review of daily activity.
• Reconciles credit card settlement activity to bank deposits.
• Utilizes reports from various systems to reconcile activity.
• Finds and uses accounting information to resolve accounting problems and discrepancies.
• Acts as backup for processing payroll on a weekly basis.
• Monthly reconciliation of all other bank accounts: payroll, spending, health insurance, and med staff bank accounts.
• Compile and analyze financial information in preparation for account entries including general ledger accounts and business transaction documentation.
• Ensure timely vendor and bank payments.
• Audit financial transactions and documents.
• Accurately input all financial and reporting information into QuickBooks, spreadsheets, and alternative data sources to ensure an accurate financial history and current state.
• Create and submit Medicaid financial reporting accurately and timely to ensure the best financial outcome for the facility. Receive, validate, and deposit all revenue payments.
• Update documentation and provide supportive materials regarding service and room & board charges.
• Create communication and educational materials to review financial information with residents and designated representatives.
• Effectively communicate and drive decision-making with residents, designated representatives, financial councilors, long-term care insurance, local leadership, and councilors to ensure there is a clear understanding and agreeable direction that is consistent and in alignment with the facility’s financial objects on billing and collection practices.
• Address financial collections and payments in a professional and effective manner.
Physical Job Requirements:
• Sedentary work - Exerting up to 10 pounds of force occasionally, and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects.