Senior Accountant

Overview

The organization is seeking a Senior Accountant to support accurate financial transactions related to the 340B program. This role is highly analytical and detail-oriented, with responsibilities focused on claim-level data review, reconciliation, variance research, and quality control of 340B reporting in an Excel environment.

A remote position may be possible for the right candidate with previous 340B experience.

Responsibilities

• Retrieve claim-level data from multiple third-party administrators, review for accuracy, and reconcile to internal data within Excel reports.
• Calculate and record accounting entries from claim-level data for:
  • dispense fee revenue
  • costs of goods sold
  • inventory receivables
  • accruals and payables for 340B
  • based on contractual obligations and current pricing files.
• Consolidate large Excel data sets for analysis, reporting, and reconciliation to the general ledger.
• Track and update inventory receivable details for all monthly claims and replenishments by NDC and entity, and create manual inventory receivable aging monthly by NDC and entity via Excel.
• Track and process invoices by verifying claim-level support and calculations per contractual obligations, and ensuring offsetting inventory receivables are matched.
• Understand, track, and resolve 340B claim-level transaction variances between external reports (in various formats) and internal Excel files.
• Analyze and summarize monthly results and communicate to the Accounting Manager.
• Prepare monthly reconciliation of balance sheet accounts.
• Communicate effectively with internal and external partners who work in non-financial roles to resolve 340B issues.
• Participate in development and documentation of policies and procedures to maintain and strengthen internal controls, and identify and assist in process improvement opportunities.
• Assist outside auditors by gathering necessary account information and documents for the annual audit.

Requirements

• Degree in accounting or commensurate experience.
• 3+ years of accounting experience, including month-end close and data reconciliation.

Required Skills/Knowledge

• Advanced Excel skills.
• Experience with manual reconciliations of large datasets.
• Highly detail-oriented.
• Strong organizational and communication skills.
• Strong analytical and problem-solving skills.

Required Behavior Competencies

• Self-starter with initiative.
• Strong internal customer focus.
• Interpersonal skills.
• Dependable and organized.

Preferred Qualifications

• Experience with medical or pharmacy claim data.
• Experience with inventory reporting.

Compensation & Benefits

• Starting salary: $75,000 and up.
• Medical, Dental, Vision.
• 401k with a match.
• Paid Time Off and Paid Holidays.
• Quarterly Incentive Bonus.
• Tuition Reimbursement.
• Company-paid benefits: life insurance, short-term disability, and long-term disability.

Location

Remote position may be possible for the right candidate with previous 340B experience.