Corporate Accountant Shared Services

Job Description
ECU Health
About ECU Health
ECU Health is a mission-driven, 1,708-bed academic health care system serving more than 1.4 million people in 29 eastern North Carolina counties. The not-for-profit system is comprised of 13,000 team members, nine hospitals and a physician group that encompasses over 1,100 academic and community providers practicing in over 180 primary and specialty clinics located in more than 130 locations.
The flagship ECU Health Medical Center, a Level I Trauma Center, and ECU Health Maynard Children's Hospital serve as the primary teaching hospitals for the Brody School of Medicine at East Carolina University. ECU Health and the Brody School of Medicine share a combined academic mission to improve the health and well-being of eastern North Carolina through patient care, education and research.
Position Summary
Maintains a comprehensive financial reporting system for ECU Health entities and produces monthly, quarterly and annual financial statements for distribution to management, executive staff, committees and boards. Performs fixed asset accounting for ECU Health entities, including GASB 87 lease and GASB 96 software accounting. Performs complete accounting cycle for the other accounts receivable. Approves invoices in conjunction with corporate policies. Maintains contract files. Reconciles general ledger accounts for ECU Health entities. Compiles information for governmental and benchmarking surveys, annual audit and tax preparation packages.
Responsibilities
Controls general ledger for ECU Health entities
Controls general ledger for ECU Health companies through the execution of accounting software to perform the vast array of accounting functions as noted below:
Process accounts payable approvals in conjunction with policies and procedures established by company for capital and contract invoices.
Reconcile accounts receivable for multiple patient accounting systems. Prepare reconciliation of contractual and bad debt allowance projections. Produce invoices for miscellaneous receivable accounts associated with ECU Health entity billings.
Prepare monthly journal entries in the general ledger including accruals and reversals of expenses and allocation of prepaid and inventory accounts.
Prepare quarterly and annual reports to state and federal taxing agencies.
Prepare surveys used by government agencies
Prepare surveys used by government agencies and benchmarking companies to evaluate current and future capital expenditures and costs..
Performs analysis and compiles data
Performs analysis and compiles data for annual audit and tax preparation packages.
Update the Peoplesoft Fixed Asset System
Update the Peoplesoft Fixed Asset System for ECU Health entities on a monthly basis to ensure accurate recording of depreciation expense in the general ledger. Analyze capital purchases for proper account coding; assign useful lives and record details of each individual item on input spreadsheet. Reconcile spreadsheet entries to the G/L and upload to the system. Reconcile transaction detail reports after uploading. Provide inventory listings to facilitate the taking of a physical inventory on a departmental basis to verify the exact location of equipment. Remove any items sold at auctions or disposed of. Make appropriate entries to record the gain or loss on the sale or disposal of these assets or transfer of assets between departments. Prepare Gain/Loss on Disposal of Assets and Projected Depreciation Expense report on a monthly basis. Provide on a quarterly basis to Facility Services the information needed to complete the Certificate of Need reporting to the state.
Update the PeopleSoft Lease Module for leases and SBITA
Evaluate leased asset transactions to determine the proper recording as an asset or operating expense. Update the PeopleSoft Lease Module on a monthly basis to allow prompt payment of leased assets and proper recording of the asset and liability. Evaluate subscription based information technology agreements on a monthly basis and determine the proper accounting as an asset or operating expense. Update the module to allow prompt payment of the SBITA asset and proper recording of the asset and liability.
Prepare financial statements
Prepare individual, divisional, and consolidated financial statements for ECU Health entity assets, liabilities, and fund balances. Prepare income statements for specified accounting periods. Provide explanations of major variances to ECU Health entity and financial services leadership.
Verify monthly elimination entries
Verify elimination entries for all inter-company transactions on a monthly basis for use in the combined corporate income statement and balance sheet included in the ECU Health financial statements.
Process other accounts receivable using accounting software
Process other accounts receivable using accounting software for creation of invoices by compiling detailed information related to laboratory services, pharmacy supplies, stockroom supplies, dietary events, nurse advice line, special programs invoicing and purchases made by parent company on behalf of subsidiary companies. Perform contract billings for all outside parties. Post to general ledger revenue and receivable related to all services and sales generated by billings. Research and post cash receipts received from each customer.. Reconcile general ledger to accounts receivable by verifying each general ledger entry to actual billing or receipts. Pursue collection of outstanding invoices.
Submit bond requisitions to the trustee for reimbursement
Submit bond requisitions to the trustee for reimbursement from bond funds. Prepare related schedules on bond proceeds requisitioned from trustee for approval by appropriate executive staff.
Approve invoices
Approve invoices in conjunction with corporate policies and procedures. Verify pricing, receiving, capital request and other authorized approvals required. Maintain a cumulative balance for each capital request to verify that invoices do not exceed approved capital request.
Maintain ECU Health Medical Center and subsidiary companies contract files.
Maintain ECU Health, ECU Health Medical Center and other ECU Health entity contract files. Communicate with legal affairs and department managers about status of new contracts and renewals of existing contracts.
Perform monthly reconciliations
Perform monthly reconciliation of asset, liability, capital, revenue and expense accounts to verify activity posted. Investigate and explain variances in these accounts.
Performs other duties as assigned.
Minimum Requirements
Four year college degree or higher in Accounting, Business or Finance.
Knowledge of Microsoft Office products, such as Excel and Word.
1 year of experience working in an accounting office as a staff accountant in business or similar industry.
General Statement
It is the goal of ECU Health and its entities to employ the most qualified individual who best matches the requirements for the vacant position.
Offers of employment are subject to successful completion of all pre-employment screenings, which may include an occupational health screening, criminal record check, education, reference, and licensure verification.
We value diversity and are proud to be an equal opportunity employer. Decisions of employment are made based on business needs, job requirements and applicant's qualifications without regard to race, color, religion, gender, national origin, disability status, protected veteran status, genetic information and testing, family and medical leave, sexual orientation, gender identity or expression or any other status protected by law. We prohibit retaliation against individuals who bring forth any complaint, orally or in writing, to the employer, or against any individuals who assist or participate in the investigation of any complaint.
Contact Information
For additional information, please contact:
Angie Nichols, Talent Acquisition Consultant
ECU Health Talent Acquisition
Email: [email protected]