Accountant - Budget

Riverside Health; Newport News (VA); On-site; USD 54,000 - 74,000; Full time

Job summary

Riverside Health System in Newport News, VA is seeking a Budget Accountant to perform complex accounting analysis and support the annual budget process. The role includes preparation of Medicare/Medicaid cost reports, state and local tax returns, and regulatory reporting, with independent judgement for prioritizing deadlines.

The position requires a Bachelor's in Accounting or Finance (CPA preferred) and at least 1 year of accounting experience with budgeting and financial statement preparation.

Qualifications

• Bachelor's Degree in Accounting or Finance (Required).
• Master's Degree (Preferred).
• Certified Public Accountant (CPA) – Preferred.

Responsibilities

• Complete complex accounting analysis requiring the application of accounting theory independently.
• Monthly preparation and analysis of estimated contractual adjustments, charity and bad debt, the preparation and filing of Medicare and Medicaid annual cost reports and settlements with independent judgement.
• Preparation and maintenance of annual budgets, Federal/State and Local tax returns, reporting to the state COPN Regulatory Authority, and cost analysis with independent judgement.
• Interpret and communicate federal and state regulations. Manage and assess priorities and deadlines with independent judgement.
• Assess the theoretical integrity of accounting functions performed in the area of responsibility. Recommend and implements improvements.
• Serve as a liaison with regulatory and taxing agencies, external consultants, auditors, and RHS leadership and administrators

Skills

Accounting

Budgeting

Financial statements

Regulatory knowledge

Education

Bachelor's in Accounting/Finance

Master's degree (Preferred)

CPA (Preferred)

Job description

Hiring Range
$53,900.00 - $74,150.00/Annual Actual pay is determined based on job-related factors such as relevant experience, education, credentials, skills, internal equity, and business needs.

Newport News, Virginia
Hiring Range
$53,900.00 - $74,150.00/Annual Actual pay is determined based on job-related factors such as relevant experience, education, credentials, skills, internal equity, and business needs.
Location: Newport News, VA (not eligible for remote work)
Overview
The Budget Accountant uses independent judgement and analytical skills in a highly computerized environment with responsibilities for: monthly preparation and analysis of estimated contractual adjustments, charity and bad debt, the preparation and filing of Medicare and Medicaid annual cost reports and settlements, the preparation and maintenance of annual budgets, Federal/State and Local tax returns, reporting to the state COPN Regulatory Authority, and cost analysis. The Budget Accountant continuously analyzes the theoretical integrity of accounting functions in the accounting department and makes recommendations or implements solutions based on analysis.
What You Will Do

• Complete complex accounting analysis requiring the application of accounting theory independently.
• Monthly preparation and analysis of estimated contractual adjustments, charity and bad debt, the preparation and filing of Medicare and Medicaid annual cost reports and settlements with independent judgement.
• Preparation and maintenance of annual budgets, Federal/State and Local tax returns, reporting to the state COPN Regulatory Authority, and cost analysis with independent judgement.
• Interpret and communicate federal and state regulations. Manage and assess priorities and deadlines with independent judgement.
• Assess the theoretical integrity of accounting functions performed in the area of responsibility. Recommend and implements improvements.
• Serve as a liaison with regulatory and taxing agencies, external consultants, auditors, and RHS leadership and administrators

Qualifications
Education

• Bachelors Degree, Accounting or Finance/Business with concentration in Accounting (Required)
• Masters Degree, Related field (Preferred)

Experience

• 1 year Accounting experience with Analysis/Budget/Financial Statements (Required)
• Prior experience in Healthcare Accounting/Finance (Preferred)

Licenses and Certifications

• Certified Public Accountant (CPA) - The AICPA (Preferred)

To learn more about being a team member with Riverside Health System visit us at https://www.riversideonline.com/careers.