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Staff Accountant, Hospital Operations, Full Time - Days

Job Description

Be a part of a world-class academic healthcare system at UChicago Medicine as a Staff Accountant for Hospital Operations. This position will be primarily a work from home opportunity with the requirement to come onsite 1-2 days per week to our Burr Ridge facility. You may be based outside of the greater Chicagoland area.

 

The Staff Accountant, Hospital Operations will be responsible preparing monthly journal entries, reconciling accounts, documenting business transactions, and maintaining a sound internal control structure for health systems hospital operations.  In additional, this role will be responsible for supporting internal and external audit activities.  The Staff Accountant will also be a key business partner to the operations they support, providing relevant and timely information related to financial results.  The Staff Accountant is expected to partner with other members of the finance team to support budgeting, financial analysis and adhoc report requests. 

 

Essential Job Functions

  • Perform month end close responsibilities including the timely and accurately preparation and posting monthly journal entries in accordance with Generally Accepted Accounting Principles (GAAP)
  • Prepares monthly account analysis and reconciliations in a timely manner to ensure high quality financial statements; responsible for reconciliation remediation and ongoing transaction quality including explanation of key monthly variances to actual and budget
  • Provides monthly financial reporting and analysis to operational leaders and Sr. management providing clear and concise information on financial performance
  • Support internal, external and other regulatory audit activities including preparation of the audit work papers, account reconciliation and preparation of audited financial statements
  • Recommends changes and improvements to monthly close process and accounting processes to increase efficiencies and accuracy and reliability of financial statement reporting including the expansion and use of our ERP and the use of artificial intelligence
  • Performs special projects and tasks as assigned by management to support the growth of the department
  • Performs other duties as assigned

 

Required Qualifications

  • Bachelor's degree in accounting and finance
  • Minimum 2-3 years experience in financial reporting and accounting
  • Strong understanding of generally accepted accounting principles and concepts including Revenue, Prepaids, Accruals, Inventory, etc
  • Excellent analytical and problem-solving skills, ability to work independently and as a team to solve problems and raise issues and drive continuous improvement
  • Familiarity with relevant regulations and compliance requirements
  • Proficiency in financial analysis, reporting tools, use of excel and other analytical tools
  • Knowledge of large scale, complex Enterprise Resource Planning (ERP) systems and the impacts of how transactions flow

 

Preferred Qualifications

  • CPA or CFA certification  

 

Position Details  

  • Job Type/FTE: Full Time (1.0FTE)   
  • Shift: Days   
  • Unit/Department: Financial Reporting   
  • Location: Flexible Remote/ Burr Ridge, IL    
  • CBA Code: Non-Union 

Why Join Us

We’ve been at the forefront of medicine since 1899. We provide superior healthcare with compassion, always mindful that each patient is a person, an individual. To accomplish this, we need employees with passion, talent and commitment… with patients and with each other. We’re in this together: working to advance medical innovation, serve the health needs of the community, and move our collective knowledge forward. If you’d like to add enriching human life to your profile, UChicago Medicine is for you. Here at the forefront, we’re doing work that really matters. Join us. Bring your passion.

 

UChicago Medicine is growing; discover how you can be a part of this pursuit of excellence at: UChicago Medicine Career Opportunities.

 

UChicago Medicine is an equal opportunity employer.  We evaluate qualified applicants without regard to race, color, ethnicity, ancestry, sex, sexual orientation, gender identity, marital status, civil union status, parental status, religion, national origin, age, disability, veteran status and other legally protected characteristics.

 

Must comply with UChicago Medicine’s COVID-19 Vaccination requirement as a condition of employment. If you have already received the vaccination, you must provide proof as part of the pre-employment process. This is in addition to your compliance with the Flu Vaccination requirement as well. Medical and religious exemptions will be considered consistent with applicable law. Lastly, a pre-employment physical, drug screening, and background check are also required for all employees prior to hire.

 

Compensation & Benefits Overview

 

UChicago Medicine is committed to transparency in compensation and benefits.  The pay range provided reflects the anticipated wage or salary reasonably expected to be offered for the position.

 

The pay range is based on a full-time equivalent (1.0 FTE) and is reflective of current market data, reviewed on an annual basis. Compensation offered at the time of hire will vary based on candidate qualifications and experience and organizational considerations, such as internal equity. Pay ranges for employees subject to Collective Bargaining Agreements are negotiated by the medical center and their respective union.

 

Review the full complement of benefit options for eligible roles at Benefits - UChicago Medicine.

Average salary estimate

$75000 / YEARLY (est.)
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$65000K
$85000K

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What You Should Know About Staff Accountant, Hospital Operations, Full Time - Days, The University of Chicago Medicine

Join UChicago Medicine as a Staff Accountant for Hospital Operations and be part of a world-class academic healthcare system! This full-time position allows you the flexibility of working primarily from home, with occasional onsite visits to our Burr Ridge facility. As a Staff Accountant, you'll play a crucial role in preparing monthly journal entries, reconciling accounts, and ensuring the integrity of our financial operations. Your contributions will support both internal and external audit activities, making you a key business partner for the operational teams you support. In this dynamic role, you will help provide insightful financial analysis and reporting to operational leaders and senior management, enhancing the overall efficiency and effectiveness of our financial processes. You'll collaborate with fellow finance team members to support budgeting tasks and ad hoc requests, bringing your expertise in GAAP and financial principles to the forefront. Your analytical skills will be essential as you solve problems and recommend improvements in our processes. If you have a Bachelor's degree in accounting or finance, along with 2-3 years of relevant experience, this is an exciting opportunity for you to grow your career while contributing to a mission that truly matters!

Frequently Asked Questions (FAQs) for Staff Accountant, Hospital Operations, Full Time - Days Role at The University of Chicago Medicine
What responsibilities does the Staff Accountant, Hospital Operations at UChicago Medicine have?

As the Staff Accountant for Hospital Operations at UChicago Medicine, your main responsibilities include preparing monthly journal entries, reconciling accounts, and maintaining internal controls. You will support both internal and external audit activities, provide timely financial reporting, and collaborate with operational leaders on financial performance analysis.

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What qualifications are required for the Staff Accountant position at UChicago Medicine?

To qualify for the Staff Accountant position at UChicago Medicine, you need a Bachelor's degree in accounting or finance, coupled with a minimum of 2-3 years of experience in financial reporting and accounting. A strong understanding of GAAP and excellent analytical skills are essential for success in this role.

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Is remote work an option for the Staff Accountant role at UChicago Medicine?

Yes, the Staff Accountant position at UChicago Medicine is primarily remote, requiring you to come into the Burr Ridge facility for 1-2 days a week. This flexible arrangement allows you to maintain a work-life balance while contributing to a leading healthcare system.

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What software skills are necessary for the Staff Accountant position at UChicago Medicine?

As a Staff Accountant at UChicago Medicine, proficiency in financial analysis tools, reporting software, and Excel is crucial. Familiarity with large-scale ERP systems and how financial transactions flow through these systems will also enhance your ability to perform your duties effectively.

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How does UChicago Medicine support career growth for the Staff Accountant role?

UChicago Medicine fosters a culture of continuous improvement and professional development. As a Staff Accountant, you will have opportunities to work on special projects, recommend process enhancements, and collaborate with a dedicated finance team, all of which contribute to your career growth and success.

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Common Interview Questions for Staff Accountant, Hospital Operations, Full Time - Days
What accounting software are you familiar with and how have you used it?

When answering this question, detail your experience with accounting software, highlighting specific examples of how you've used it to streamline processes or manage financial reporting. Mention any ERP systems you've worked with, emphasizing your adaptability to new tools.

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Describe your process for preparing monthly journal entries.

In your response, outline a step-by-step approach to preparing journal entries, including any review processes you implement. Discuss the importance of accuracy and compliance with GAAP, and provide an example of a challenge you overcame in this area.

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How do you approach account reconciliations?

Discuss your systematic method for account reconciliations. Highlight the tools you use, how you investigate discrepancies, and the importance of ensuring transaction quality and accuracy in maintaining financial integrity.

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Can you explain how you handle budgeting and financial forecasting?

Outline your experience with budgeting processes, emphasizing your analytical skills. Provide details on any tools or methods you utilize to forecast financial performance and how you work with teams to ensure alignment with organizational goals.

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What steps do you take to ensure compliance with internal controls?

Detail your understanding of internal controls and how you implement them in your previous roles. Discuss specific examples where your vigilance in following controls prevented issues or improved financial reporting.

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How do you stay updated with accounting regulations and standards?

Explain your dedicated approach to professional development, including how you keep abreast of changes in accounting standards. Mention any courses, webinars, or readings that you regularly engage in to enhance your knowledge.

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Describe a challenging financial analysis you have completed.

Choose a relevant example that showcases your analytical skills. Explain the context, how you conducted the analysis, the conclusions you drew, and how your insights influenced decision-making or operations.

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How do you communicate complex financial information to non-financial stakeholders?

Highlight your ability to simplify complex information. Provide an example of how you have previously communicated financial data to non-financial teams, emphasizing clarity and relevance in your presentations.

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What role do you believe technology plays in accounting today?

Discuss the increasing importance of technology in accounting, including automation and data analytics. Express your openness to learning new technologies and how they can enhance accuracy and efficiency in financial operations.

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What is your strategy for handling audit requests?

Describe your organized approach to meeting audit requests, emphasizing the importance of preparation and accuracy in documentation. Include your experience in collecting and presenting data effectively to auditors.

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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 2, 2025

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