What are the responsibilities and job description for the General Ledger Accountant position at EMPOWER?
ABOUT US:
At Empower, we are proud to serve as a one-stop-shop business partner for healthcare organizations to support their administrative and employer needs. We strive to be more than a workplace, but also a community, where every voice is heard and every team member is valued. Our team is driven by a shared mission to create a positive impact on healthcare organizations and the lives they touch. Join our team today to be part of our mission!
GENERAL PURPOSE:
The ideal candidate will be responsible for maintaining accurate and up-to-date financial records, preparing financial statements, and ensuring compliance with accounting standards and regulations. This role requires strong analytical skills, a thorough understanding of U.S. GAAP, and the ability to work independently and collaboratively within a team.
ESSENTIAL FUNCTIONS:
- General Ledger Management: Maintain and reconcile the general ledger accounts, ensuring accuracy and completeness of financial data.
- Financial Reporting: Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
- Journal Entries: Record and post journal entries, including accruals, prepayments, and adjustments.
- Reconciliation: Perform regular reconciliations of bank accounts, credit card statements, and other financial records.
- Audit Support: Assist with internal and external audits by providing necessary documentation and explanations.
- Compliance: Ensure compliance with U.S. GAAP and company policies.
- Month-End and Year-End Close: Manage the month-end and year-end closing processes, ensuring all financial data is accurately recorded and reported.
- Variance Analysis: Conduct variance analysis to identify discrepancies and provide explanations for significant differences between actual and budgeted figures.
- Process Improvement: Identify and implement process improvements to enhance efficiency and accuracy in financial reporting and accounting operations.
- Ad hoc Reporting: Prepare ad hoc financial reports and analyses as requested by management.
- All other duties as assigned.
QUALIFICATIONS:
- Education: Bachelor’s degree in Accounting.
- Experience: Minimum of 7-10 years of experience in general ledger accounting or a similar role.
- Certification: CPA certification is required.
- Technical Skills: Proficiency in accounting software (e.g., Sage Intacct). Advanced Microsoft Excel and PowerPoint skills required.
- Knowledge: Strong understanding of accounting principles, standards, and regulations (U.S. GAAP).
- Analytical Skills: Excellent analytical and problem-solving skills, with attention to detail.
- Communication: Strong verbal and written communication skills.
- Organizational Skills: Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
- Team Player: Ability to work effectively both independently and as part of a team.
WORK ENVIRONMENT:
This position typically works in an office environment with a standard workweek. Occasional overtime may be required during peak periods such as month-end and year-end close.
We offer competitive salary and benefits packages, a supportive work environment, and opportunities for growth and development within our organization.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities.
