The Senior Regulatory Accountant will be responsible for federal and non-federal grant financial management, invoicing, revenue recognition and management of outstanding grant receivables. Prepares program analyses and is expected to be knowledgeable about all Federal award requirements. Proactively identifies opportunities for revenue growth based on changing regulations.
The Senior Regulatory Accountant will:
Review and approve grant awards for availability of funds, coordinate communication with the Research Department regarding availability/use of funds.
Work with Management to present, evaluate, and implement new federal regulations and GAAP requirements
Work directly with internal and external auditors.
Manage the grant invoicing process, analyzing and following up on outstanding grant receivable balances ensuring payments are received timely.
Develop procedures and application of grant and clinical trial revenue in accordance with ASC 606 – Revenue from Contracts with Customers.
Assist with month end and year-end close activities.
Oversee the financial management of federal and non-federal awards, which includes invoicing, government draw-downs, financial status reports and tracking of funds.
Assist the Director and Manager of Regulatory Accounting with the annual Single (A-133) Audit, including working with external auditors, uploading expenditure data and interfacing with various granting agencies.
Assist in preparation of the annual Medicare / Medicare Cost Reports
Assist in preparation of the organization’s annual Federal & State tax returns (990 / 990T etc.).
Prepare quarterly and annual census reports.
Perform all other duties that may be assigned in the best interest of the Shirley Ryan AbilityLab, including cross training with Grant Analysts.
A Bachelor’s Degree in Accounting, Business Administration, or related field is required. Master’s degree preferred.
Minimum of 6 years recent experience working in Accounting or Grant Accounting.
Current understanding of the Uniform Guidance (2 CFR 200) and the Uniform Administrative Requirements for Awards and Subawards to Institutions of Higher Education, Hospitals and Other Non-profit Organizations (45 CFR 74).
Experience working with GAAP in a Not-for-Profit Health care environment preferred.
Experience with preparing Hospital Cost reports, 990 tax returns and other regulatory reports.
A relatively high level of analytical ability to gather, analyze, reconcile and interpret financial information and prepare a variety of statements and reports.
Demonstrates knowledge and understanding of business tools and technology. Working knowledge of Great Plains Account Software, Excel, MS Word, Power Point and Access preferred.
Excellent organizational and time management skills. Ability to work well under pressure to meet deadlines while managing multiple priorities.
Excellent written and oral communication skills; responding to customer requests in a timely professional manner.
Strong interpersonal skills needed to interpret and explain financial information to employees and management. Establishes and maintains strong working relationships with clientele.
Ability to work collaboratively to leverage expertise in other functions resulting in improved outcomes and efficiencies.
Ability to identify and implement opportunities for continuous quality improvement.
Internal Number: 45573
About Shirley Ryan AbilityLab
Shirley Ryan AbilityLab is the first-ever “translational” research hospital where clinicians, scientists, innovators and technologists work together in the same space, applying research in real time to physical medicine and rehabilitation. The global source of science-driven breakthroughs in Human Ability.