What are the responsibilities and job description for the Senior Accountant position at University Medical Partners?
POSITION TITLE: Senior Accountant
REPORTS TO: Associate Director of Finance and Analytics
PURPOSE STATEMENT: As a member of the UMP Management Services Team, the Senior Accountant will oversee the maintenance and automation of key financial processes to ensure accurate financial reporting and contribute to the long-term success of UMP.
ESSENTIAL DUTIES AND RESPONSIBILITIES: The essential duties of this position include the following (other duties may be assigned):
- Manage core finance functions, including accounts payable, journal entries, bank reconciliations, chart of accounts, and month-end close.
- Oversee the whole accounts payable process, sending invoices for payment, processing refunds, resolving payment issues, expense coding, and scheduling pay runs.
- Create monthly payroll journals, using data from the payroll system (Rippling).
- Reconcile monthly bank statements from Wells Fargo and credit card transactions from Rippling.
- Input monthly revenue and expense accruals.
- Oversee the month end close process and provide support in monthly reviews of actuals vs. budget.
- Assist in ensuring that financial statements are reported on an accrual basis in conformity with general accounting principles.
- Partner with external accountants on month end close, technical accounting, and tax/regulatory reporting.
- Support funding processes through the Professional Services Agreement (PSA) including monthly expense/outside income reimbursement, LOA reporting, and quarterly funding reconciliations.
- Produce monthly PTO balance reporting.
- Create and validate the monthly Clinical FTE report.
- Assist in the development of the annual UMP budget.
- Maintain an up-to-date process documents on assigned functions/deliverables
- Perform other related duties as assigned.
EXPERIENCE AND QUALIFICATIONS:
- BS/BA degree in Accounting, Finance, Business, or a related field.
- At least three (3) years of accounting experience, preferably within a healthcare environment.
- Professional accounting certification (CPA, CIMA) is preferred.
- Familiarity with payroll and accounts payable systems.
- Proficient in QuickBooks.
- Knowledge of GAAP accounting principles and experience with transitioning from cash to accrual accounting.
- Understanding of financial reporting and accounting standards.
- Advanced skills in Excel; experience with database management and reporting (e.g., Access, Snowflake, Tableau) is a plus.
- Strong attention to detail and commitment to accuracy in deliverables.
- Excellent verbal and written communication abilities.
- Strong organizational, planning, and project management skills.
- Proven ability to handle multiple priorities and meet deadlines effectively.
Why Work with UMP?
- Competitive Compensation package
- Salary range (based on YOE): $100,000 - $120,000 per year
- Up to 10% annual performance incentives
- Robust benefits package
- Annual 401k Safe Harbor and profit-sharing contributions
- PTO plan includes paid Holidays, Extended Sick Leave
- CE allowance, compensated out-of-office time for CE activities
- Multiple health plan options including $0 premium option for self and family
- Dental, Vision, Short-term disability, Long-term disability, Life Insurance
- Monthly gym membership and cell phone reimbursement
About UMP:
University Medical Partners, Inc. is a California professional corporation owned and led by physicians and other healthcare practitioners. We aim to enhance group and individual performance through a unified and high-quality clinician-led network.
Our mission is to deliver on the promise of Precision Health and Wellness to our patients, their families, and the community we serve. We partner with Stanford Medicine in a common vision of clinical excellence, education, and innovation.
At University Medical Partners, we're committed to innovation and excellence in healthcare. Join us in leveraging AI to transform patient care and medical practice management. We offer a dynamic work environment, opportunities for growth, and the chance to make a real impact in the healthcare industry.
Work Arrangement Expectation:
This position is designated as a hybrid role, which requires the employee to work onsite at the Newark location located at 7999 Gateway Blvd., Suite 200, Newark, CA 94560 one (1) day per week, with the option to work remotely on the remaining days. The specific onsite schedule may be subject to change based on business needs and must be coordinated with the employee's supervisor.
Workplace Accommodations:
University Medical Partners is committed to providing a supportive work environment based on the requirements of the role and organizational needs. We are committed to offering reasonable accommodations to individuals with disabilities or other needs, in accordance with applicable state and federal laws.
This position requires on-site presence; however, we strive to accommodate individual circumstances whenever feasible. All work arrangements and accommodations are reviewed on a case-by-case basis and are subject to approval. If you have specific needs related to your work environment, we encourage open dialogue to explore potential solutions.
All qualified applicants will receive consideration for employment without regard to race (including traits historically associated with race including but not limited to hair texture and styles), color, religion, sex, sexual orientation, gender, gender identity, gender expression, pregnancy, reproductive health decision-making, marital or domestic partnership status, national origin, citizenship, military or veteran status, ancestry, age (over 40), physical or mental disability, medical condition, genetic information, political affiliation, or other characteristic protected by the law.
PI269410794
Salary : $100,000 - $120,000
