What are the responsibilities and job description for the Accountant position at Paramount Health Options?
Job Description
Job Description
Paramount Health Options is an innovative, growing company in the Cedar Rapids, Iowa area looking for an accountant to join our team. The accountant is responsible for accounting functions of all four Paramount companies including but not limited to, various general ledger reconciliations, fixed asset tracking, overseeing accounts payable and accounts receivable processing, maintaining, evaluating and recommending fees for various service lines, maintaining meticulous records of ownership of more than 480 providers, assisting with intercompany allocations, providing cost / benefit analysis on service lines, consolidation of financial statements, preparing budget estimates, and assisting with audits and tax preparation.
Job Responsibilities :
- Reconciles various general ledger accounts, identifies disparities and makes appropriate corrections;
- Analyzes and ensures revenues and expenses are recognized appropriately;
- Prepares allocations of expenses to related companies;
- Evaluates disparities between budget and actual on monthly financial statements;
- Utilizes and maintains macros for consolidation of financial reports for board presentation;
- Provides cost / benefit analysis for various service lines;
- Provides and evaluates budget estimates for revenue and expense items as requested;
- Reconciles membership in preparation of membership dues processing and analyzes revenue to be recognized monthly;
- Evaluates new members to determine class status and availability of ownership;
- Processes ownership requests and withdrawals and obtains the necessary paperwork for each transaction;
- Maintains a detailed and accurate record of equity ownership for two Paramount companies;
- Maintains, updates and recommends fees for various service lines;
- Assists with pre-audit, audit and year-end tax preparation;
- Oversees and assists with accounts payable and accounts receivable questions;
- Tracks fixed assets;
- Maintains contracts for clients and vendors and provides assistance with updates and changes to contracts as needed;
- Assists with benefit administration for staff members;
- Keeps abreast of tax and regulation changes;
- Recommends financial actions and changes;
- Provides accounting assistance and research for PHO staff;
- Maintains financial security by following internal control policies and GAAP;
- Cooperates with team members to assure Company complies with inter-related financial and operational matters necessary for achieving and retaining NCQA certification;
- Maintains customer and employee confidence and protects operations by keeping financial and personnel information confidential;
- Excellent customer service skills, treating internal and external customers with professional, timely responses and kindness.
Skills and Requirements
Company Description
Paramount Health Options is a provider-led organization which leverages its collective strength to create specialized products and services for over 2,300 medical providers. Paramount is known for its outstanding service and individual attention to each client and delivering innovative solutions to its members.
Company Description
Paramount Health Options is a provider-led organization which leverages its collective strength to create specialized products and services for over 2,300 medical providers. Paramount is known for its outstanding service and individual attention to each client and delivering innovative solutions to its members.