The University of Maryland Medical System (UMMS) serves more than one million patients and families every year. More than 29,000 employees and 4,600 providers work at UMMS. Each and every one of these individuals – from the patients we care for, the family members we reassure to our colleagues that we champion – represent the amazingly vibrant communities we serve. And we continue to seek out qualified candidates who reflect the values, backgrounds and stories of our neighbors and patients. We want to hear your voice, learn from your experiences, and be shaped by your insight as part of our workforce. After all, when we come together from different walks of life, we become stronger, better, and more empathetic.

This position is a hybrid role and therefore requires in-office time.

Under general direction, perform highly proficient level accounting responsibilities and oversee the daily work activities of the accounting support personnel.

Principal Responsibilities and Tasks

The following statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all job duties performed by personnel so classified.

• • Provides leadership and guidance to accounting support personnel to assure accuracy and efficiency of work activities in accordance with departmental policies and procedures.
    • Participates in the hiring, performance evaluation and discipline of staff, as appropriate. Monitors, reviews and provides technical direction to staff on accounting practices and departmental procedures.
  • Creates and produces back end reporting which provides various arrays of formats to present several different styles of financial data relationships as may be deemed necessary by the financial management staff and Medical System department heads in monitoring departmental financial performance. Participates in the development of computerized financial management systems.
    • Develops and maintains a “cash flow” budget to compile monthly reports for management.
    • Tracks and reviews all reserve calculations for health benefits, worker’s compensation, and accounts receivable. Provides monthly reports on the status of the above reserves.
    • Monitors and reports monthly on all endowment fund and restricted fund accounts.
  • Coordinates various internal finance units (Financial Planning, Accounts Payable) and external resources for the reimbursement of funds from the bond issue and “State Grant”, monthly, by assuring that all expenditures were paid properly and that money is reimbursed accurately and timely. Generates monthly schedule for tracking expenditures. Supervises the timely collection of invoices and checks for the related projects for submission for reimbursement.
  • Prepares and analyzes monthly consolidated financial statement package and management reports for the Medical System and all joint ventures.
  • Coordinates the closure of Account Balances from “construction in progress” to Capital Asset Control Accounts by verifying project completion and placement into service.
  • Provides assistance to and communicates with various Medical System departments regarding monthly accounting reports and other accounting-related documents/information to explain accounting department policies and procedures.
  • Coordinates and oversees the Hospital General Ledger Maintenance/Production Function. Interfaces the H.C.S., Accounts Payable, Fixed Assets, and Payroll subsidiary systems with the General Ledger System (control).
    • Reconciles all subsidiary data that is interfaced (converted) into the General Ledger via the General Ledger Chart of Accounts.
    • Maintains General Ledge Chart of Accounts in accordance with H.S.C.R.C. methodology.
  • Assists management in providing acceptable records and support documents to all internal and external auditors. Maintains various records, files, supporting documentation for regulatory or other reporting purposes.
  • Keeps abreast of regulatory (federal, state and TJC) changes/information/guidelines affecting hospital finance and accounting practices, as well as new and related UMMS Finance Shared Services policies.
  • Develops and implements procedures in performing tasks required by the internal management staff or outside regulatory agencies.

Education and Experience

• Bachelor’s Degree with a major in accounting, finance, or related field is required. Certified Public Accountant (CPA) is preferred.
• Four years of experience in professional accounting or auditing work is required

  Knowledge, Skills and Abilities

• Proficient knowledge of the principles and practices of accounting and budget management is required. Knowledge of financial analysis is required.
• Demonstrated proficiency performing basic mathematical calculations including percentage, addition, subtraction, and multiplication using a calculator, or related equipment. Demonstrated knowledge of Microsoft Office Suite including Excel, Dbase, or other spreadsheet and database software used in the analysis of financial data is required. Knowledge of accounting-related information systems.
• Proficiency in compiling and analyzing statistical reports, and assisting management in monitoring and reporting fiscal performance.
• Ability to keeps up-to-date with developments/changes in the field and applicable regulations and procedures affecting hospital finance and accounting practices.
• Proficient skills in use of a PC and routine peripheral equipment.
• Ability to work in a frequently stressful work environment.
• Effective written and verbal communication skills are required to assist departments in understanding accounting practices.