Staff Accountant

Company: Wellpath
Location: Pembroke Pines
Posted on: June 25, 2022

Job Description:

Here at Wellpath, everything that we do is about taking care of people - our patients, our staff and our partners. We are committed to making a difference by providing hope and healing to vulnerable patients in challenging clinical environments. Our talented, compassionate team thrives in an autonomous environment, is empowered and supported by education, training and the resources to practice healthcare the way it is meant to be and strives to "Always Do The Right Thing!"

Overview

Our Staff Accountant performs bank reconciliation, bookkeeping and billing functions. Provides administrative and reporting support to Business Office employees.

Qualifications

Education:
Bachelors Degree in accounting or related area preferred


Experience:
Two (2) year experience in the field
Experience in a healthcare or hospital environment is a plus
Familiar with a variety of the accounting and business support concepts, practices and procedures
Ability to work independently with little direction
Knowledge of applicable software used by the facility & ability to work with other necessary software typically used by the department


Licenses/Certifications:
None required

Responsibilities

Reconciles the client trust fund account, clearing account, petty cash accounts, gift shop account and the welfare trust account.
Ensures that supporting schedules such as outstanding checks, deposits, and other activities, that roll up to a summary report are accurate and reliable.
Reviews individual client trust fund account balances to ensure they are reconciled accurately and on a monthly basis. Reconciles problems by researching discrepancies and making appropriate corrections.
Runs monthly reports on a timely basis, reviews for accuracy, and distributes accordingly.
Reviews individual monthly cash logs to ensure they are accurate and proper supporting documentation is available for all cash transactions. Distributes report to Business Manager for review. Distributes monthly bank reconciliations to corporate accounting office once approved.
Identified quarterly interest payment on client trust fund account and distributes equally to individual account holders accordingly.
Prepares monthly cafeteria and gift shop sales and sends reports to corporate accounting office on the day following the close of the month. Follows up with the Sales Tax Department for the monthly sales tax report (3) days after the close of the month.
Reconciles individual cash reports to monthly cash collection by payer report and bank reconciliation cash schedules.
Identifies and resolves discrepancies. Prepares cash schedule by source of cash receipts such as Medicare, Medicaid, third party, etc.
Reviews all insurance claims and reprices amount due to service providers based on Medicaid reimbursement rates. Demonstrates a good understanding of hospital Medicare reimbursement policies and Medicaid CPT codes and rates.
Bills Medicare for laboratory services provided by the hospital monthly or on a timely basis using the DDE system as required by DCF. Strictly complies with Medicare and DCF guidelines on Medicare billing. Resolves technical issues or any issues with DCF as soon as possible.
Maintains and updates the Medicare Part B receivable account.
Assists in the billing of Third Party Receivables and in the updating of patients status in the FM 125 system.
Assists in the preparation of the annual budget. Prepares schedules and budget packages for the departments. Reviews departmental budget reports to ensure accuracy.
Picks up cafeteria cash from the ticket machine twice a week and takes cash to Payroll Clerk for counting and preparation of receipt and deposit slip.
Deposits cash collections to the bank.
Assists in the maintenance of all patients files in the Business Office. Files all correspondence in an organized manner.
Assists in the annual audit of both external and internal auditors.
Provides back-up support for Forest Park cash window.
Must be able to apply principles of critical thinking to a variety of practical and emergent situations and accurately follow standardized procedures that may call for deviations.
Must be able to apply sound judgment beyond a specific set of instructions and apply knowledge to different factual situations.
Must be alert at all times; pay close attention to details.
Must be able to work under stress on a regular or continuous basis.
Perform other duties as assigned.

Wellpath is an EOE/Minorities/Females/Vet/Disability Employer

Keywords: Wellpath, Pembroke Pines , Staff Accountant, Accounting, Auditing , Pembroke Pines, Florida