Senior Accountant-Healthcare Industry

Employer
Macpower Digital Assets Edge Private Limited (MDA Edge)
Location
Columbus, Georgia
Salary
Competitive
Posted
Oct 21, 2024
Closes
Nov 01, 2024
Ref
2833768363
Role Type
Accountant
Role Level
Senior
Education Level
Bachelor's Degree
Work Mode
Hybrid
Employment Type
Full Time
Organization Type
Corporate
Benefits: Dental Insurance, Medical Insurance, Vision Insurance, Life Insurance, Retirement, Paid Time Off.

Must-Haves:

Bachelor degree in Accounting

Requires critical thinking skills, decisive judgment, and the ability to work with minimal supervision.

Must be able to work in a stressful environment and take appropriate action.

A minimum of 5 years of experience as an accountant or similar role in healthcare.

Key Responsibilities:

Financial Record Keeping:

Maintain accurate and up-to-date financial records specific to healthcare transactions.

Record and categorize healthcare-related financial transactions, such as patient billing, insurance reimbursements, and vendor payments.

Budgeting and Forecasting:

Collaborate with healthcare management to develop and monitor budgets for various departments.

Provide financial forecasts considering healthcare industry trends, patient volumes, and regulatory changes.

Healthcare Billing and Reimbursement:

Oversee billing processes, ensuring accurate and timely submission of claims to insurance providers.

Monitor reimbursement activities, identifying discrepancies and addressing them to maximize revenue.

Compliance:

Ensure compliance with healthcare industry regulations, including Health Insurance Portability and Accountability Act (HIPAA) regulations.

Stay informed about changes in healthcare laws and regulations affecting financial practices.

Cost Accounting:

Implement and maintain cost accounting systems to track and analyze healthcare-related costs.

Work with department heads to analyze and control expenses while maintaining quality patient care.

Financial Reporting in Healthcare:

Prepare specialized financial statements for healthcare organizations.

Generate reports for management, healthcare boards, and regulatory bodies.

Audit Support:

Coordinate and support internal and external audits specific to healthcare compliance.

Provide necessary documentation and explanations during audits.

Healthcare Grant Management:

Manage financial aspects of grants, ensuring compliance with grant requirements.

Track and report on the financial impact of grants on healthcare operations.