Accountant Senior - Investments

SUMMARY:

Performs complex accounting processes, creates budgets and pro formas for designated high volume/variable Tucson Medical Center and Affiliates (TMCH) areas. Responsible for analyzing and reporting the organizations investments with portfolio in accordance with GAAP, regulatory requirements and internal policy. .  Responsible for accurate accounting for investment transactions, supports financial audits and collaborate with Treasury and other finance teams as well as the external investment managers to maintain integrity and transparency of all investment activities. Evaluates processes and provides recommendations regarding internal control or process efficiency.  Understands complex accounting issues and can make recommendations regarding correct Generally Accepted Accounting Principles (GAAP) treatment.  Analyzes business operations and provides consultation for optimum system utilization. Sr. Accounting Analyst will assist also be responsible for other accounting related activities and responsibilities in month-end close.

ESSENTIAL FUNCTIONS:

Works effectively with all levels within the organization; acts as a liaison with staff to assess their needs and provide information and support as needed.

Advise and support team members to set priorities and utilize problem-solving techniques with minimal direction and appropriate collaboration.

Analyzes, interprets, and reconciles financial data and compiles associated reporting.  This includes, but is not limited to the following:

·         Perform monthly, quarterly, and annual accounting for all investment types, including equities, fixed income, alternative investments, money markets and other marketable securities,

·         Prepare and record journal entries related to investment income, unrealized/realized gains and losses, fees and fair value adjustments

·         Analyzes, reconciles all investment accounts, custodial statements and related schedules with exceptional accuracy, and coordinates activity related to the balance sheet accounts and prepares documentation per policy.

·         Prepares financial data and prepares reporting on current financial operations, ensures adherence to financial policies, and assists in implementation of significant organization development.

·         Assists management with problem resolution, defining efficient and cost-effective ways to address issues as they arise, and assists in assessing requirements to meet goals and scheduled deadlines.

·         Implements and modifies test plans for information technology systems including unit and system testing.

·         Creates systems for and maintains record of investments.

·         Develops and maintains proper documentation that supports internal and external reporting.

Responsible for the development of processes, procedures, and preparation of data related, but not limited to the following:       

·         Oversees financial affairs for Tucson Medical Center and Affiliates (TMCH) including the preparation of financial reporting, and supporting documentation using actual performance, previous budgets, estimations of revenues and expenses, and other factors.

·         Serves as consultant regarding TMCH financial affairs, development of operating policies and procedures, department needs/problems, financial system requirements.

·         Serves as a resource to all TMCH financial statement users; performs high level analysis and troubleshooting functions as needed.

·         Prepares monthly financial statements at either company or subsidiary level including trial balance preparation and organization of monthly journal entries.

·         Prepares sufficient documentation and narratives for TMCH’s.

·         financial reporting. Meets with customers frequently and provides frequent written status updates to customers, team members, and department management.

·         Prepares, identifies, analyzes, and resolves accounting issues including budget variance analysis on general budget issues, cost-benefit data analysis, statistical reports, and other fiscally related duties assigned.

·         Analyzes and interprets TMCH operating results; makes specific recommendations profit improvements, adapts programs to changing needs, and maintains related documentation.

·         Analyzes the monthly revenue and expense reports and prepares a statement of budget vs. actual variance.

·         Utilizes current, or develops new, proper internal controls for assigned account categories in order to audit various accounting functions inside the department and across the company.

·         Interacts with outside auditors, participates in occasional auditing projects, prepares audit schedules, and provides other required data when requested.

·         Participates in testing and recording of financial transactions to assist in meeting Sarbanes-Oxley requirements.

·         Collaborates and coordinates with TMCH in shared business processes as requested.

·         Exhibits excellence in customer service through appropriate attitude and interaction with all patients, visitors, and staff.

·         Understands systems interfacing between general ledger and investment reporting and can monitor interface to ensure accuracy of data.

Performs related duties as assigned.

MINIMUM QUALIFICATIONS

EDUCATION:  Bachelor’s degree in Accounting or Finance.

EXPERIENCE:  Four (4) - six (6) years years accounting, investment analysis and/or auditing experience.

LICENSURE OR CERTIFICATION:  None required.

KNOWLEDGE, SKILLS AND ABILITIES: 

Ability to create, interpret, and work with financial data that includes, but is not limited to:

·         Prepares financial forecasts and budgets while meeting required deadlines.

·         Understands an extensive variety of technical instructions in mathematical or diagram form, abstract and concrete variables, concepts such as fractions, percentages, ratios and proportions.

·         Analyzes positive or negative variances against expected outcomes, applying mathematical operations to solve or analyze job-related situations.

·         Prepare ROIs and detailed reports for presentation to management.

Ability to define problems, draw valid conclusions, and present resolution utilizing, but not limited to the following:

·         Establishing facts in response to inquiries or complaints from employees, patients, and/or their representatives.

·         Collection and analysis of data needed to provide resolution.

·         Present and utilize independent judgement in establishing the accuracy and reasonableness of information.

Knowledge of and ability to improve processes and policy when determined necessary to include, but not limited to the following:

·         Apply Generally Accepted Accounting Principles (GAAP) when preparing hospital financial data.

·         Provide accurate assistance for all levels of management in analyzing financial performance related to hospital operations.

·           Utilize appropriate project management practices and procedures as it relates to audit, monthly financial close and reporting, balance sheet reconciliation, intra- and inter- department process improvement.

Display advanced skills including, but not limited to the following:

·         Organizing tasks to provide a full range of financial analysis, budgeting and forecasting.

·         Providing written and verbal communication to ensure complete understanding to stakeholders.

·         Researching records and reports utilizing necessary TMCH resources, and when necessary have the ability to make reasonable estimates when actual data not available.

·         Use of computer applications and systems to include: Word, EXCEL, Outlook and accounting software.  To work with internal resources to gain understanding of other software needed for data retrieval in order to provide accurate financial data and analysis.