Senior Accountant

Onco360; Chicago (IL); Hybrid; USD 68,000 - 83,000; Full time

Benefits offered by this job

401k with match

Paid Time Off and Paid Holidays

Quarterly Incentive Bonus

Tuition Reimbursement

Company paid benefits – life; and long

Job summary

Onco360 is seeking a Senior Accountant in Chicago, IL, with a focus on 340B program finance. The role involves preparing and reconciling claim-level data, ensuring accuracy of revenue and costs, and supporting auditors.

Remote position may be possible for the right candidate with 340B experience. The starting salary is $75,000 and up, with 401k, PTO, holidays, and incentive bonuses, reflecting a comprehensive benefits package.

Qualifications

• Required: Degree in accounting or commensurate experience.
• Required: 3+ years experience in accounting, month end close, data reconciliation
• Desired: Experience with medical or pharmacy claim data; experience with inventory reporting
• Skills include advanced Excel, data analysis, and strong communication abilities

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, verifying claim level support and calculations per contractual obligations and ensuring offsetting inventory receivables are matched.
• Understand, track and solve for 340B claim level transactions variances between external reports and internal Excel files.
• Analyze and summarize monthly results and communicate to Accounting Manager.
• Prepare monthly reconciliation of balance sheet accounts.
• Communicate with internal and external partners to solve 340B issues.
• Participate in development and documentation of policies and procedures to strengthen internal controls and improve processes.
• Provide outside auditors with assistance; gather account information and documents for annual audit.

Skills

Advanced Excel skills

Data reconciliation

Analytical thinking

Attention to detail

Communication skills

Self-starter

Interpersonal skills

Organized

Problem-solving

Internal customer focus

Education

Degree in accounting

Tools

Excel (advanced)

Job description

Onco 360 is aware that scammers are posing as representatives of our company and recruiting team. These individuals may contact you with fraudulent interview invitations or job offers in an attempt to obtain personal or financial information. Communication will only come from our official company email domain (@Onco360.com). Please be vigilant and keep the following security guidelines in mind:

• We do not conduct interviews exclusively via text message or email.
• We will never charge hiring-related fees such as applications, training, equipment, or background checks.
• We will never text or email you to ask for bank account information, social security number, identification documents, or payment details before you sign a verified offer.

All candidates will speak with an Onco360 recruiter before receiving a job offer. If you receive a suspicious outreach or interview invitation, do not share personal information or click on any unknown links. If you believe you have been contacted by a scammer impersonating our organization, please contact us directly through our official website.

Position: Senior Accountant

Location: Chicago, IL

Job Id:5961

# of Openings:1

Onco360is looking for a Senior Accountant. Remote position may be possible for the right candidate with previous 340B experience.

Onco360 Pharmacy is a unique oncology pharmacy model created to serve the needs of community, oncology and hematology physicians, patients, payers, and manufacturers.

Starting salary of $75,000 and up

Our benefits include:

• 401k with a match
• Paid Time Off and Paid Holidays
• Quarterly Incentive Bonus
• Tuition Reimbursement
• Company paid benefits – life; and short and long-term disability

A career with us is more than just a job. It's an opportunity to connect and care for our patients, providers, communities and each other. We attract extraordinary people who have a strong desire to live our mission - to better the lives of those battling cancer and rare diseases. Compassion is more important than numbers. We value teamwork, respect, integrity, and passion.

We succeed when you do, and our company and management team work hard to foster an environment that provides you with opportunities for both professional and personal growth.

Highly analytical and detail-oriented individual needed to ensure the accuracy of financial transactions related to the 340B program with the ability to analyze data, identify issues and provide recommendations. Responsible for recording and reviewing claim level transactions, reconciling large data sets, researching and solving for issues and providing quality control over 340B reporting in an Excel environment.

Major Responsibilities for the Senior Accountant:

• 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, verifying claim level support and calculations per contractual obligations and ensuring offsetting inventory receivables are matched.
• Understand, track and solve for 340B claim level transactions variances between external reports provided in various formats and internal Excel files.
• Analyze and summarize monthly results and communicate to Accounting Manager.
• Prepare monthly reconciliation of balance sheet accounts.
• Effectively communicate with internal and external partners who work in non-financial roles to solve for 340B issues.
• Participate in development and documentation of policies and procedures to maintain and strengthen internal controls and identify and assist in development of process improvement opportunities.
• Provide outside auditors with assistance; gather necessary account information and documents to perform annual audit.

Position Qualifications for the Senior Accountant:

• Education/Learning Experience
  • Required: Degree in accounting or commensurate experience
• Work Experience
  • Required: 3+ years experience in accounting,month end close, data reconciliation
  • Desired: Experience with medical or pharmacy claim data; experience with inventory reporting
• Skills/Knowledge
  • Required:Advanced Excel skills, experienced in manual reconciliations of large datasets, highly detail oriented, excellent organizational and communication skills, strong analytical and problem-solving skills
• Required: Self starter, initiative, strong internal customer focus, interpersonal skills, dependable, organized