Accountant I

Position Summary

Responsible for preparation of various managerial financial reports and all related general accounting functions. This is a shared role with Weill Cornell Medicine's Physician Organization and Financial Management Department.

Job Responsibilities

• Responsible for reconciling monthly Finance-External Affairs (EA) Gift Variance Report. Serves as liaison between Finance and EA to resolve variance issues, record gift variances and prepare gift transfers for WCM, CU Ithaca and NYPH as needed.
• Assists in preparation of all adjusting, closing entries and transfers for routine, month and year-end, including all appropriate analyses and documentation.
• Responsible for preparation of monthly reconciliations of the Distribution Pending account, to ensure that items are properly recorded to the General Ledger.
• Maintains capital projects funds : establish budget on PAR, and journalizes funding source as required.
• Monitors and reconciles clearing account for the daily activity for PO clinical sites. Reconciles and resolves any outstanding items accurately, reliably and timely.
• Monitors health information system's transactions daily to ensure proper handling of cash and checks.
• Maintains detailed reports for responsible clinical sites, identifying deposits, checks, outstanding activity and cleared items.
• Responsible for finding, reconciling and resolving variances and discrepancies within the Cash Control reconciliation process. Works with clinical department supervisors to understand and resolve issues and investigate variances.
• Monitors and reconciles daily Open Cash Drawer report and corresponds with clinical departments to close cash drawers. Monitors weekly Generate Deposit report and ensures that pending deposits are taken to bank and are generated in the system.
• Confirms received deposits on the Billing System, reconciles the weekly “Confirmed Deposit Report”, creates Journal Entries for all deposited transactions and sends to WCM Treasury Accountant for confirmation and posting.
• Gathers supporting documentation; compiles for auditors to check internal cash control procedures. Reconciles monthly Cash Clearing Account that shows other income and deposits for both internal and external clinical locations.
• Performs other related duties as assigned. Provides additional backfill support to the General Accounting staff as required.

Education

Experience

Bachelor’s degree, in Accounting or Finance preferred.

Approximately 3 years of experience in an accounting or finance position.

Knowledge, Skills and Abilities

Licenses and Certifications

Working Conditions / Physical Demands

Salary : $75,700 - $83,700