LogixHealth

Compensation

Full Description

Location: Bedford, MA; Onsite This Role: The Accounting Manager oversees financial operations for emergency medicine physician groups, ensuring accurate reporting, compliance, and strategic financial support. This role manages general ledger activities, revenue cycle accounting, payroll, and budgeting processes while maintaining adherence to healthcare industry standards and regulatory requirements. Key Responsibilities: General Ledger & Financial Reporting Maintain and record all activity in the General Ledger. Prepare monthly, quarterly, and annual closing activities. Perform balance sheet reconciliations to ensure accuracy and completeness. Reconcile bank statements and prepare financial statements. Create and analyze business financial reports, including revenue and cost analysis. Recommend resolutions for financial report discrepancies and problems. Revenue & Collections Ensure patient collections and all other revenue streams are accurately recorded and reconciled. Maintain and reconcile hospital subsidy invoices and payments to ensure accuracy and timely processing. Tax & Compliance Prepare documentation and detailed schedules for client tax returns to be submitted to CPA tax preparers. Assist with year-end tax planning and projections to support client financial strategies. Coordinate and prepare financial information for internal and external audits. Assist with workers’ compensation and 401(k) audits, ensuring timely and accurate documentation. Accounts Payable & Receivable Compile and sort documents (invoices, checks) substantiating business transactions. Prepare invoices, expense reimbursements, account statements, and reports; review for accuracy. Monitor loans and accounts payable/receivable to ensure payments are up to date. Oversee patient refunds, ensuring timely and accurate processing. Manage vendor relationships, including reviewing invoices, resolving discrepancies, and ensuring timely payments to vendors. Payroll & Benefits Support client payroll processing, including calculation review and file submission. Process HSA and 401(k) funding for payroll and reconcile documentation. Maintain Benefit election changes, New Hires, Terms Maintain final payroll files and reports for compliance and audit readiness. Budgeting & Forecasting Support creation and maintenance of annual client financial budgets and forecasts. Key Performance Indicators (KPIs) Month-End Close Timeliness: Complete monthly close and client deliverables at least 2 business days prior to scheduled client meetings. Accuracy of Financial Statements: Maintain accuracy on reconciliations and reporting. Compliance Audit Success: Zero major findings in internal/external audits (including workers’ comp and 401(k)). Tax Preparation Readiness: Deliver complete tax documentation and schedules to CPA by agreed deadlines. Budget Variance Monitoring: Identify and report variances within X days of occurrence. Payroll Accuracy: Ensure 100% accuracy in payroll processing and final file maintenance. Qualifications: To perform this job successfully, an individual must be able to perform each Key Responsibility satisfactorily. The following requirements are representative of the knowledge, skills, and/or ability required to perform this job successfully. Reasonable accommodation may be made to enable individuals with disabilities to perform the duties. Required: Bachelor’s degree in Accounting, Finance or Business Management or the equivalent combination of education and experience Three or more years’ related experience Must have strong accounting knowledge including G/L, A/R, A/P, financial statements and reporting Ability to multi-task, work effectively and independently, work well under pressure, meet deadlines and be able to thrive in a fast-paced work environment Strong organizational skills and the ability to maintain detailed records Ability to prepare (create and run) financial reports, write business correspondence and assist in the development and update of procedural manuals Ability to read, analyze and interpret financial reports, legal documents or government regulations Ability to effectively present information and respond to questions from top management, and/or boards of directors Ability to research and resolve technical issues Must possess intermediate knowledge of financial systems; QuickBooks knowledge Benefits at LogixHealth: We offer a comprehensive benefits package including health, dental and vision, 401(k), PTO, paid holidays, life and disability insurance, on-site fitness center and company-wide social events.