Embassy Manor Looking for Finance Manager Healthcare at Edison, NJ Full Time

JOB SUMMARY: Manage the finances for the group practice – facilitate or direct accounts payable and payroll, and manage banking relationships, report generation, budgeting, and internal audit controls.

EDUCATIONAL REQUIREMENTS:
Accounting degree in finance or business required

QUALIFICATIONS AND EXPERIENCE:
Experience managing accounts payable and payroll

Ability to use spreadsheet and financial applications such as Excel

Experience with QuickBooks PRO

Ability to generate and analyze income statements, balance sheets, and statements of cash flow, and analyze variances with specific and proper explanations

Ability to communicate among multiple organizational levels within the practice (only as it relates to the monthly bookkeeping)

Comfortable using email and interacting with Internet applications

Knowledge of practice management and word processing software

NOTE: As a condition of employment, this position requires adequate proof that the applicant has been fully vaccinated

RESPONSIBILITIES INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING:

Accounting and Administration: Produce a monthly financial package consisting of:

Comparative balance sheet and Profit and Loss with all variances explained from the Profit and Loss

Accounts payable aging

Cash flow statement from Quickbooks

Payroll reconciliation (quarterly)

Facilitates or directs all accounts payable activities and payroll: Manages relationship with outside accounting firm, payroll service, banks, investment firms, and other financial institutions

Manages the general ledger and updates it as needed

Manages pension plan or 401K contributions; communicates with pension plan administrator as needed

Ensures all federal, state, local, and employee taxes are paid on time

Oversees & reports to management on all vendor services—VISA/Mastercard, lockbox, money market accounts, checking accounts, notes payable, etc.

Manages electronic transfer of funds between accounts

Oversees all purchasing functions

Financial Reporting:
Generates and/or reviews monthly financial statements (income and expense, statement of cash flows)

Prepares and/or presents financial documents for outside accounting firm or auditing firm as requested

Budgeting and Forecasting:
Develops and implements effective budgeting and forecasting methodologies

Reports when actual financials are not within budget and recommends improvements (if a budget is prepared)

Monitors cash flow, and reports fluctuations

Audit Control:
Ensures charge entry, payment posting, and daily close processes are effective, and maintains internal audit control

Performs or outsources quarterly audits of receipts handling and reconciliation

Works with billing to balance practice management system payment reports and manually tabulated daily close packets (which have already been reconciled by billing) to bank account reconciliation each month

Supervisory Responsibilities: This job may have administrative supervisory responsibilities.

Typical Physical Demands

Position requires prolonged sitting, some bending, stooping, and stretching. Good eye-hand coordination and manual dexterity sufficient to operate a keyboard, photocopier, telephone, calculator, and other office equipment is also required. Employee must have normal range of hearing and eyesight to record, prepare, and communicate appropriate reports.

Typical Working Conditions

Normal office environment. Occasional evening or weekend work.

Job Type: Full-time

Benefits:
401(k)

Dental insurance

Flexible spending account

Health insurance

Life insurance

Paid time off

Vision insurance

Schedule:
8 hour shift

Monday to Friday

Education:
Associate (Required)

Experience:
Analyzing Balance Sheet and Profit & Loss Accounts: 1 year (Required)

Posting Journal Entries & Month End Financial Statements: 1 year (Required)

QuickBooks online: 1 year (Required)

QuickBooks PRO

Accounting & Bookkeeping: 1 year

Salary Range: $65,000-80,000