Accountant I - WCPOFS

Weill Cornell Medicine-Qatar; New York (NY); On-site; USD 70,000 - 100,000; Full time

Job summary

Weill Cornell Medicine in New York, NY seeks a Finance professional to prepare managerial financial reports and handle general accounting duties in collaboration with the Physician Organization and Financial Management Department.

Responsibilities include reconciling monthly reports, preparing adjusting entries, maintaining cash controls, and supporting auditors with documentation. The role requires a Bachelor's degree in Accounting/Finance and about 3 years of accounting experience.

Qualifications

• Bachelor’s degree in Accounting or Finance required.
• Approximately 3 years of experience in accounting or finance.
• Advanced knowledge of SAP and MS Office 365.
• Strong analytical and reporting skills.
• Excellent communication and time management.

Responsibilities

• Reconcile monthly Finance-EA Gift Variance Report; liaison with Finance and EA to resolve variances.
• Prepare adjusting, closing entries and transfers; document analyses.
• Prepare monthly reconciliations of Distribution Pending to General Ledger.
• Maintain capital projects funds and budget on PAR.
• Monitor and reconcile daily cash activity for clinical sites and deposits.
• Monitor health information system transactions for cash handling.
• I Maintain detailed reports for clinical sites on deposits and cleared items.
• Identify and resolve variances in Cash Control reconciliation with department supervisors.
• Monitor daily Open Cash Drawer and weekly Deposit reports; coordinate with banks.
• Confirm deposits on Billing System and post journal entries.
• Gather docs for auditors; reconcile Cash Clearing Account.
• Perform other duties and backfill General Accounting as required.

Skills

Excellent communication

Time management

Analytical skills

Organizational skills

Cross-functional collaboration

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Office 365

SAP

Job description

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*As required under NYC Human Rights Law Int 1208-2018 - Salary range for this role when Hired for NYC Offices

Position Summary

Responsible for preparation of various managerial financial reports and all related general accounting functions. This is a shared role with Weill Cornell Medicine's Physician Organization and Financial Management Department.

Job Responsibilities

• Responsible for reconciling monthly Finance-External Affairs (EA) Gift Variance Report. Serves as liaison between Finance and EA to resolve variance issues, record gift variances and prepare gift transfers for WCM, CU Ithaca and NYPH as needed.
• Assists in preparation of all adjusting, closing entries and transfers for routine, month and year-end, including all appropriate analyses and documentation.
• Responsible for preparation of monthly reconciliations of the Distribution Pending account, to ensure that items are properly recorded to the General Ledger.
• Maintains capital projects funds: establish budget on PAR, and journalizes funding source as required.
• Monitors and reconciles clearing account for the daily activity for PO clinical sites. Reconciles and resolves any outstanding items accurately, reliably and timely.
• Monitors health information system's transactions daily to ensure proper handling of cash and checks.
• Maintains detailed reports for responsible clinical sites, identifying deposits, checks, outstanding activity and cleared items.
• Responsible for finding, reconciling and resolving variances and discrepancies within the Cash Control reconciliation process. Works with clinical department supervisors to understand and resolve issues and investigate variances.
• Monitors and reconciles daily Open Cash Drawer report and corresponds with clinical departments to close cash drawers. Monitors weekly Generate Deposit report and ensures that pending deposits are taken to bank and are generated in the system.
• Confirms received deposits on the Billing System, reconciles the weekly “Confirmed Deposit Report”, creates Journal Entries for all deposited transactions and sends to WCM Treasury Accountant for confirmation and posting.
• Gathers supporting documentation; compiles for auditors to check internal cash control procedures. Reconciles monthly Cash Clearing Account that shows other income and deposits for both internal and external clinical locations.
• Performs other related duties as assigned. Provides additional backfill support to the General Accounting staff as required.

Education

• Bachelor's Degree in related field

Experience

Bachelor’s degree, in Accounting or Finance preferred.

Approximately 3 years of experience in an accounting or finance position.

Knowledge, Skills and Abilities

• Excellent communication skills (both verbal and written).
• Advanced time management and organizational skills
• Advanced analytical skills to synthesize a high volume of information from a variety of sources and perform complex analysis to interpret financial data.
• Ability to produce professional-level documentation and reporting using Microsoft Office 365
• Operational knowledge of computerized accounting systems and diverse SAP
• Ability to work across functional lines to resolve issues.

Licenses and Certifications

Working Conditions/Physical Demands

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