University of Maryland Medical System Accountant Sr: Job Overview, Location, and Employment Details

The job title for this position is Senior Accountant. This role involves a variety of accounting tasks aimed at supporting financial management within the organization.

This position is located in Linthicum Heights, Maryland. It is part of the University of Maryland Medical System.

The employment type for this role is full-time. This indicates that the position requires a commitment to a standard work schedule, typically involving 40 hours per week.

The primary responsibilities of the Senior Accountant include preparing monthly financial statements based on the general ledger trial balance. This also involves recording monthly standard entries and periodic expenses or revenues associated with daily operations in accordance with departmental procedures and generally accepted accounting principles.

The Senior Accountant will prepare several types of financial statements, including the Balance Sheet, Income Statement, Statement of Cash Flows, and Statement of Changes in Fund Balance. These statements are summarized for presentation to management and the Board of Directors.

The reconciliation process involves reconciling subsidiary system activity and balances to general ledger control accounts. This is done in a prescribed format to demonstrate the integrity of the general ledger and to identify any correcting entries needed to accurately state ledger balances.

The Senior Accountant provides direction and guidance to accounting support personnel to ensure the accuracy of financial information and the efficiency of work activities. This includes monitoring, reviewing, and providing technical direction on accounting practices and departmental procedures.

In addition to accounting responsibilities, the Senior Accountant participates in the hiring, performance evaluation, and discipline of staff as appropriate. They also communicate work expectations to staff and contribute to an environment of learning.

The Senior Accountant will create and produce back-end reporting to provide various insights into financial performance. This reporting is essential for internal analysis and decision-making.