What are the responsibilities and job description for the Accountant II - Materials Management position at University of Illinois Hospital?
Description:
The primary responsibility of this position is to review invoices and statements, verify information, ensure that funds are available, and if questionable, resolve any issues with the submitting unit. The incumbent will also apply and correct any discrepancies made in the accounts payable system, post payments, and adjustments accurately and effectively to the hospital's accounts payable system. Additionally, they will prepare complex financial reports using EDDIE, Access database, ASCS report, and conduct internal audits of budgets, forecasting, and any month-end activity.
The incumbent will need to determine accounts involved, code transactions, and process material for application into the Banner system, implement AP Automation and GHX, research and prepare stop payments, and prepare or assist in preparing financial statements or reports and reconcile reports as necessary.
Duties & Responsibilities:
- Prepares annual financial schedules for state appropriated funds and local resources (Statement of Net Assets; Statement of Revenues, Expenses, and Changes in Net Assets; Statement of Cash Flows);
- Prepares and reconciles complex accounting reports or supervises the preparation and reconciliation of complex accounting reports;
- Examines a variety of accounting documents to verify conformance to pertinent policies, procedures, and accounting standards;
- Prepares reports and statements requiring interpretation and analysis of accounting records;
- Prepares budgets;
- Maintains and monitors contractual billing and payment recording;
- Collaborates with unit fiscal officers, deans, directors, and other responsible administrators in development, evaluation, implementation, and operation of automated or manual accounting systems;
- Assembles, organizes, prepares, analyzes, and reports administrative data;
- Supervises lower level staff as required;
- Performs work related to the lower level in this series;
- Verify patient charges and reconciliation to ensure transactions are processed daily.
- Obtain a thorough understanding of Materials Management Information Systems.
- Forecasting of GHX activity and overall financial impact of Materials Management.
- Evaluate business proposals with a complete analysis of the economic impact on business.
- Provide linkage across the organization of analytical methods and definitions used in the analysis and reporting of the valuation of customers and the health of the customer base.
- Composes correspondence to Medical Center vendors requiring a thorough understanding of departmental procedures and practices.
- Perform other related duties and participate in special projects as assigned.