Senior Accountant - Liabilities-2

Overview

A Senior Accountant for Liabilities is needed to report directly to the Liabilities Manager. This role involves reviewing and maintaining all organizational leases through coordination with the real estate office, ensuring compliance with GASB and FASB lease accounting standards. Responsibilities also include pension and other post-employment benefit (OPEB) calculations, reconciling deferred inflows and outflows, long-term debt calculations, and managing payroll liability accounts.

Responsibilities

• Regularly review and maintain all leases for the organization.
• Reconcile cash payments to the general ledger to determine necessary accruals or prepaid adjustments.
• Coordinate with Accounts Payable for setting up recurring and one-time lease payments to landlords.
• Present lease accounting calculations using multiple methodologies, including operating expenses and balances reflecting GASB 87 or ASC 842.
• Become proficient with lease accounting software to calculate net present values for liabilities and assets.
• Articulate incremental borrowing rates and communicate with affiliated companies regarding intercompany leases.
• Monitor leases for re-measurement applicability based on lease agreement changes.
• Provide ad hoc lease calculations or reports as requested.
• Prepare month-end journal entries related to interest, leases, pension, and OPEB, including the RMC pension.
• Maintain meticulous workpapers with proper tick marks.
• Summarize and organize workpapers on a consolidated basis and by market or facility as needed.
• Assist independent support organizations within the health system.
• Support and tick mark balances and transaction details with appropriate documentation.
• Assist with year-end audits, submit workpapers timely, and collaborate with external auditors.
• Help compile footnotes and coordinate with general ledger team members for account balance analysis.
• Calculate pension and OPEB figures using historical data and external agency consultations.
• Review components of pension and OPEB calculations, including deferred inflows/outflows, net liability, non-employer contributions, and expenses.
• Collaborate closely with Payroll to understand quarterly retirement contribution submissions (Form 1246), reconcile pension and OPEB workpapers, and manage payroll liability accounts.

Requirements

• Bachelor’s degree in a business-related field.
• Four (4) years of work experience in accounting, business, audit, or finance.
• Strong analytical, communication, and teamwork skills.
• Ability to multi-task and meet deadlines.
• Solid working knowledge of Microsoft Excel, Microsoft Access, and Outlook.

Preferred Qualifications

• Bachelor’s degree in accounting.
• Experience in hospital or healthcare-based accounting.
• MBA or CPA designation is a plus.
• Familiarity with Microsoft PowerPoint and Adobe Acrobat is advantageous.

Compensation & Benefits

• Salary position.
• Scheduled 40 hours per week.
• Pay grade: Health-29.

Location

• Entity: Medical University Hospital Authority (MUHA)
• Cost Center: CC001119 SYS - Corp Fiscal Services

Additional Information

This employer is an Equal Opportunity Employer and does not discriminate based on race, color, religion or belief, age, sex, national origin, gender identity, sexual orientation, disability, protected veteran status, family or parental status, or any other status protected by state or federal laws. All qualified applicants will receive consideration based on qualifications, merit, and business need.

The organization participates in the federal E-Verify program to confirm identity and employment authorization of all newly hired employees.