Network Medical Management Inc Hiring for SENIOR ACCOUNTANT Job at Alhambra, CA Full Time

• Oversees deposits of cash on time while keeping accurate accounting records.
• Keeps the manager up to date on all relevant and appropriate matters as it pertains to his/her position.
• Prepares monthly journal entries and maintains complete records of these transactions.
• Reconciles bank statements and keeps an accurate running total of cash on hand.
• Ensures monthly balance sheet account reconciliations are prepared timely and accurately.
• Monitors timeliness and accuracy of capitation payments received from payors.
• Ensures all payables are processed accurately and on time.
• Maintains a tracking system of all clients’ monthly capitation revenue, shared/full risk revenue and incentive income.
• Prepares and updates monthly IBNR calculation schedules.
• Compile and analyze financial information to prepare financial statements including monthly and quarterly management reports in accordance to U.S. GAAP.
• Oversees accurate and appropriate recording and analysis of revenues and expenses and ensure financial records are maintained in compliance with accepted policies and procedures;
• Ensures accurate and timely monthly, quarterly and year end close processes making certain all financial reporting deadlines are met;
• Assists in preparation and submission of quarterly and annual reports as required by Department of Managed Health Care’s agreement.
• Submits quarterly and annual financial reports to the health plans
• Manages daily cash flow and determine excess cash for maximization of return;
• Supports of budget and forecast activities; including fluxes preparation against actual results.
• Monitors and supports taxation requirements for provision, as well as complete and issue Form 1099 filings;
• Prepares for financial audit and coordinate the audit process including working with external auditors and health plans
• Collects / analyzes financial information and develop and maintain financial databases;
• Ensures compliance with relevant laws and regulations and integrity of financial data;
• Assists with ad-hoc procedures and tasks as requested from management.

• Minimum 2 years of IPA accounting experience
• Bachelor’s Degree in Accounting or equivalent from an accredited university
• Three plus years progressively responsible experience in accounting
• Knowledge and experience in the managed care space is preferred
• Experience working in a public accounting firm is preferred
• Strong quantitative and analytical skills and the ability to interpret financial data, including financial statements and key ratios
• High proficiency in Microsoft Word and Excel; experience involving extensive work with complex spreadsheets
• Team player who doesn’t mind digging into the details
• Understanding of US GAAP and experience researching technical accounting issues
• Highly motivated individual who can work independently
• Experience with SOX 404 is a plus
• Knowledge of SAGE 100 accounting software is a plus

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