Company Overview
Global Healthcare Services was established to meet the increasing demand for home health and facility-based care services. Our organization is dedicated to delivering professional care and staffing solutions for individuals of all ages, emphasizing excellence in every aspect of our service delivery.
Position Summary
The Staff Accountant is responsible for maintaining the financial records of the home health agency and ensuring accurate accounting practices in accordance with Generally Accepted Accounting Principles (GAAP), Medicare/Medicaid regulations, and applicable federal and state laws. This position supports daily accounting operations, financial reporting, budgeting, payroll reconciliation, accounts payable/receivable, and audit preparation while maintaining strict confidentiality.
Essential Duties and Responsibilities
General Accounting
- Prepare and maintain accurate journal entries and general ledger accounts.
- Perform monthly, quarterly, and annual account reconciliations.
- Assist with month-end and year-end closing processes.
- Maintain fixed asset records and depreciation schedules.
- Ensure compliance with GAAP and organizational accounting policies.
Accounts Payable
- Review vendor invoices for accuracy and approval.
- Process payments to vendors and maintain payment records.
- Reconcile vendor statements.
- Resolve invoice discrepancies promptly.
Accounts Receivable
- Monitor accounts receivable balances.
- Reconcile Medicare, Medicaid, Medicaid Managed Care, VA, private insurance, and private-pay receivables.
- Assist with collections and payment follow-up.
- Work closely with the billing department regarding payment issues.
Payroll Support
- Assist with payroll processing and payroll tax reconciliation.
- Reconcile payroll reports to the general ledger.
- Monitor employee expense reimbursements.
Financial Reporting
- Prepare monthly financial statements and supporting schedules.
- Assist in preparing budgets and financial forecasts.
- Analyze financial data and identify trends or variances.
- Prepare reports for leadership and external agencies.
Compliance and Audits
- Assist with Medicare, Medicaid, and commercial payer audits.
- Maintain documentation for financial compliance.
- Support annual independent financial audits.
- Ensure adherence to internal controls and regulatory requirements.
Banking and Cash Management
- Reconcile bank accounts.
- Monitor cash flow.
- Prepare bank deposits and electronic fund transfers.
- Assist in maintaining cash management reports.
Other Duties
- Maintain confidentiality of financial and employee information.
- Participate in process improvement initiatives.
- Perform additional accounting duties assigned by management.
Required QualificationsEducation
- Bachelor's degree in Accounting, Finance, or related field.
Experience
- Minimum of 2–3 years of accounting experience.
- Experience in healthcare, home health, hospice, or medical billing preferred.
- Experience with Medicare and Medicaid reimbursement is highly desirable.
Knowledge
- GAAP accounting principles.
- Financial reporting.
- Payroll accounting.
- Accounts payable and accounts receivable.
- Budget preparation.
- Internal controls.
- Healthcare reimbursement systems.
- Medicare and Medicaid regulations.
Technical Skills
- Microsoft Excel (advanced proficiency preferred).
- Microsoft Office Suite.
- Accounting software such as:
- QuickBooks
- Sage Intacct
- Microsoft Dynamics GP
- NetSuite
- Home health software experience preferred (e.g., WellSky, MatrixCare, HCHB, KanTime).
Skills and Abilities
- Strong analytical and problem-solving skills.
- Excellent organizational skills.
- High attention to detail.
- Ability to meet deadlines.
- Excellent verbal and written communication skills.
- Ability to handle confidential information.
- Ability to work independently and collaboratively.
Preferred Qualifications
- Certified Public Accountant (CPA) or CPA candidate.
- Certified Management Accountant (CMA).
- Experience in Medicare Cost Reports.
- Experience with healthcare audits.
- Knowledge of Illinois healthcare reimbursement regulations (if applicable).
Physical Requirements
- Ability to sit for extended periods.
- Frequent use of computers and office equipment.
- Occasional lifting of up to 20 pounds.
- Ability to attend meetings and training sessions.
Work Environment
- Office setting or hybrid work environment.
- Standard business hours with occasional overtime during month-end, year-end, audits, or budget preparation.
Key Competencies
- Financial Accuracy
- Integrity and Ethics
- Accountability
- Time Management
- Critical Thinking
- Communication
- Customer Service
- Teamwork
- Adaptability
- Confidentiality
- Regulatory Compliance
Performance Indicators
- Timely completion of month-end close.
- Accurate financial reporting.
- Low accounting error rate.
- Successful audit outcomes.
- Timely vendor payments.
- Accurate payroll reconciliations.
- Compliance with Medicare and Medicaid financial requirements.
- Effective management of accounts receivable and payable.
- Adherence to agency policies and procedures.
Job Type: Full-time
Pay: $25.00 - $30.00 per hour
Expected hours: 40.0 per week
Benefits:
- 401(k)
- Health insurance
- Paid time off
- Paid training
- Vision insurance
Work Location: In person
