Senior Accountant

About Milwaukee Regional Medical Center and Its Campus

The Milwaukee Regional Medical Center (MRMC) is located in the heart of Wauwatosa, WI.  The MRMC campus is a local, regional, and increasingly, a national destination for quality adult and pediatric care, lifesaving research, and world-class education for tomorrow’s doctors, pharmacists, clinicians, and scientists.

MRMC, Inc. is a non-profit management entity responsible for the operational and shared service components of the campus including transportation strategy, infrastructure expansion, the operation and expansion of Thermal and Water Utilities, enhanced protective services and emergency preparedness, and provides seasonal services. In addition, MRMC provides Finance, HR, and IT operational support to the joint venture Flight For Life, the premier critical care air medical transport program serving our region. The day-to-day operations of MRMC are managed by an Executive Director, while MRMC’s member organizations include Froedtert Hospital, Children’s Wisconsin, the Medical College of Wisconsin, and Versiti Blood Research Institute. Together, the leaders of these institutions constitute the Board of Directors of MRMC and set the strategic direction and priorities for MRMC.

MRMC is Growing!

Our Finance Team is expanding and is recruiting for two new positions, Sr. Accountant and Financial Analyst/FP&A. We are looking for candidates that enjoy variety and challenge in their work. If you have strong technical skills and want to work in an environment where your ideas for improvement in processes, outcomes, and strategy are welcome, read on! Team players who take pride in their work, want the opportunity to work side-by-side with individuals at all levels of the organization, our member organizations, and our partners - Flight For Life and Ever-Green Energy - and who will be motivated by the experience to work in a technically diverse, fast-paced environment are encouraged to apply. Of importance to any candidate considering a professional position, MRMC has an excellent benefit package!

Job Title:  Sr. Accountant

Qualifications: 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required:

1. Requires a bachelor’s degree in accounting and a minimum of five years accounting experience preferably in a non-profit environment. Public accounting experience highly desirable.
2. Experience in a complex, automated accounting environment with duties in the areas of financial analysis, financial statement preparation, complex spreadsheet preparation, account reconciliation and journal entries.
3. Strong critical thinking, problem solving and analytical skills, and the ability to work independently to meet internal and external deadlines while consistently producing high quality products.
4. Excellent technical skills and advanced technology skills, including Excel, Word, and automated accounting software.
5. Ability to respond to common inquiries from auditors, regulatory agencies, the executive team, and colleagues in a timely manner.

Basic Functions:

Under the direction of the Director of Finance, the Sr. Accountant is responsible for the accounting operations of MRMC and its subsidiaries. Duties are to be performed in an independent manner and in compliance with departmental quality standards for timeliness, accuracy, workpaper presentation, supporting documentation and the creation or maintenance of related policies and procedures. This role requires a continuous focus on improvement and active participation in process enhancement teams.

Essential Duties and Responsibilities:

The Sr. Accountant will collaborate closely with the Director of Finance to ensure efficient and accurate financial operations of the department. Primary functions of the position:

1. Proficient knowledge of generally accepted accounting principles and the ability to apply such knowledge to accounting and financial reporting activities.
2. Be knowledgeable and proficient with financial accounting systems that support the financial reporting and accounting functions and related financial operations.
3. Assist with the calculation and distribution of monthly and quarterly invoices to members. Establish system-driven reporting to detail outstanding receivables and ensure accuracy of A/R Aging Reports by member.
4. Perform various bank transactions and maintain bank relationships with guidance from the Director of Finance and VP-Finance. Ensure timely completion of all bank account reconciliations.
5. Prepare monthly accruals, journal entries, and reports to ensure a timely and accurate month-end close.
6. Perform monthly reconciliations on assigned accounts; independently research and resolve variances.
7. Participate in month-end close process, ensuring a timely and accurate close and distribution of Financial Statements to stakeholders.
8. Participate in annual audit process, including preparation of assigned audit workpapers, confirmations, and responding to auditor requests in a timely manner.
9. Assist with the preparation and analysis of annual tax return workpapers and compliance reporting.
10. Partner with the Director of Human Resources to ensure timekeeping, benefits, and payroll processes are accurate, efficient, and compliant with company policy and regulatory requirements.
11. Prepare and send regulatory reports as required.
12. Participate in the annual Budget process for assigned areas.
13. Help establish and maintain policies, procedures and practices relating to the management of all accounting related functions including accounts payable, accounts receivable, billing, general ledger, and fixed asset accounting.
14. Review and assist in annual insurance summary for MRMC and its subsidiaries.
15. Responsible for oversight of fixed asset process; establish a workflow to review monthly additions, disposals, and CIP accounts for necessary journal entries and reconciliations.
16. Participate in cross-training with all members of the finance team to ensure the department has sustainable processes in place.
17. As a member of the finance team, participate in reviewing and establishing an ERP system that will maximize efficiency and accuracy while reducing redundancies in the financial operations.
18. Other duties as assigned.