Penn Medicine, University of Pennsylvania Health System · 3 days ago
Senior Accountant
Philadelphia, PA
Full-time
Onsite
Mid, Senior Level
2+ years expPenn Medicine is dedicated to providing high-quality patient care, conducting innovative research, and educating future leaders in medicine. The Senior Accountant will assist in the monthly financial close process, prepare financial analyses, and support the Accounting Department's operations while ensuring compliance with GAAP and financial reporting standards.
BiotechnologyEducationHealth CareMedicalTraining
Responsibilities
Assist in monthly financial close process including review, analyses, and distribute of internal and external financial information
Value Outpatient Accounts Receivable to NRV utilizing payor specific reimbursement rates
Prepare and maintain AR Related analyses
Review monthly transactions for unusual trends, resolve exceptions and correct errors
Assist Supervisor/Manager in preparation of variance explanations
Create and maintain Database of monthly ad-hoc data to support detailed review and analysis of collection rates and revenue trends
Assist in annual net patient service revenue and statistical budget process
Assist in quarterly and annual external audit process including preparation of workpapers, flux schedules and other analyses
Prepare monthly journal entries and account analyses in an accurate and timely fashion
Perform special projects as required
Work with Supervisor in resolving problems related to standard financial issues and practices
Responsible for the daily reconciliation of deposits from cash system to GL and of cash clearing to GL
Responsible for the reconciliation of Consolidated Hospital AR, Bad Debt and NPR schedules
Responsible for reconciling other Patient Accounts Receivable on a monthly basis. Works with Supervisor to address issues
Qualification
Required
Above average knowledge of accounting principles and concepts related to financial reporting and budgeting
Ability to analyze, compare, interpret and suggest solutions to accounting and finance issues
Great attention to detail and accuracy
Dedication to the timely completion of all tasks
Effective listening skills
Ability to ask educated questions at appropriate times
Self-motivator
Ability to apply creativity and conceptualization skills effectively with management
Promote a positive attitude toward other staff members
Ability to work independently and as part of a team
Good command of the English language
Demonstrate punctuality and meet set department deadlines
Maintain a professional attitude at all times
Communicate effectively with assigned department financial managers and staff
Consistently adhere to departmental standards for professional office environment
Awareness and adherence to UPHS employment policies and procedures
Assist in monthly financial close process including review, analyses, and distribution of internal and external financial information
Value Outpatient Accounts Receivable to NRV utilizing payor specific reimbursement rates
Prepare and maintain AR Related analyses
Review monthly transactions for unusual trends, resolve exceptions and correct errors
Assist Supervisor/Manager in preparation of variance explanations
Create and maintain Database of monthly ad-hoc data to support detailed review and analysis of collection rates and revenue trends
Assist in annual net patient service revenue and statistical budget process
Assist in quarterly and annual external audit process including preparation of workpapers, flux schedules and other analyses
Prepare monthly journal entries and account analyses in an accurate and timely fashion
Perform special projects as required
Work with Supervisor in resolving problems related to standard financial issues and practices
Responsible for the daily reconciliation of deposits from cash system to GL and of cash clearing to GL
Responsible for the reconciliation of Consolidated Hospital AR, Bad Debt and NPR schedules
Responsible for reconciling other Patient Accounts Receivable on a monthly basis
Preferred
Certified Public Accountant
Benefits
Comprehensive compensation and benefits program
Prepaid tuition assistance programs
Company
Penn Medicine, University of Pennsylvania Health System
Penn Medicine is a world leader in academic medicine, setting the standard for cutting-edge research, compassionate patient care, and the education of future health care professionals.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
$70.9MKey Investors
BIRD FoundationWarren Alpert FoundationNational Cancer Institute
2025-01-22Grant
2023-01-03Grant· $9.7M
2022-08-18Grant· $5.7M
Leadership Team
Kevin Mahoney
Chief Executive Officer of University of Pennsylvania Health System
John Donohue
Vice President, Enterprise Services
Recent News
The Philadelphia Inquirer
2026-01-03
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