Accountant - Budget

Riverside Health System; Newport News (VA); On-site; USD 35,000 - 43,000; Full time

Job summary

Riverside Health System in Newport News, Virginia, is seeking a Budget Accountant to perform independent analyses and manage budgeting, cost reports, and regulatory compliance. The role emphasizes analytical thinking, accuracy, and collaboration with auditors and leadership.

Responsibilities include preparing annual budgets, tax returns, and Medicare/Medicaid cost reports, ensuring regulatory compliance, and communicating complex regulations to internal teams.

Qualifications

• Bachelor's Degree in Accounting or Finance/Business with concentration in Accounting is required.
• 1 year accounting experience with analysis/budget/financial statements is required.
• CPA license (preferred) would be advantageous.

Responsibilities

• Complete complex accounting analyses independently.
• Monthly preparation and analysis of estimated contractual adjustments, charity, and bad debt.
• Prepare and maintain annual budgets and tax returns; report to COPN regulatory authority.
• Communicate and interpret federal/state regulations; manage priorities with independence.
• Serve as liaison with regulatory and taxing agencies, external consultants, auditors, and RHS leadership.

Skills

Analytical skills

Independent judgement

Education

Bachelor's Degree, Accounting/Finance/Business with concentration in Accounting

Master's Degree, Related field

Job description

Newport News, Virginia

Hiring Range

$53,900.00 - $74,150.00/AnnualActual 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.