Senior Accountant Corporate Accounting Consolidations - Full Time Days

Be a part of a worldclass academic healthcare system atUChicago Medicine as a Senior Accountant Corporate Accounting and Consolidations.This position will be a rotational remoteposition requiringyou to be onsite 12 days per week. You will need to be based in the greater Chicagoland area.

The Senior Accountant Corporate Accounting and Consolidations is responsible for the accurate preparation and reporting of the consolidated financial statements for the University of Chicago Health System and its related partnerships. This role supports quarterly debt compliance investment transaction analysis SWAP transaction management and ensures compliance with Generally Accepted Accounting Principles (GAAP). The Senior Accountant is also responsible for the quality accuracy and timeliness of accounting for the organizations investment and debt portfolios including the recognition of short and longterm debt related interest and the amortization of debt issuance costs in collaboration with the Treasury department. Additionally the role ensures the timely delivery of consolidated financial reports to bondholders and debt holders.

Essential Job Functions

• Prepare monthly journal entries and record Investment transactions including valuation amortization accretion income accruals gains/losses and debt instruments for both public and private markets
• Prepare monthly journal entries and record Insurance Eliminations and Joint Venture Partnerships including insurance prepaid accruals entity eliminations and partnership revenue gain/loss recognition
• Prepare monthly journal entries and record the transactions related to the enterprises Debt portfolio as part of the monthend close process including monthly interest accruals amortization of financing costs and recognition of debt service payments. This also includes accounting for SWAP transactions

• Reconcile investment transactions with custodian records and internal systems to the general ledger including monthly and quarterly investment rollforwards to ensure quality of investment balances recognition of unrealized / realized gains and losses and accuracy of reporting cash and investments

• Reconcile all outstanding long and shortterm debt accrued interest and related amortized bond/debt financing costs including all short and long term debt balances
• Preparing monthly quarterly and annual bond and debt compliance financial reports in accordance with financial reporting requirements including consolidations audit roll forward schedules for all financial statements preparation of quarterly and annual bond compliance
• Maintain accurate records of investment transactions including purchases sales and income received while ensuring compliance with accounting standards and regulatory requirements
• Support audit activities including preparation of annual audit work papers investment and debt rollforwards and all financial statements including cash flow statements with explanations related to investment transactions and financial reporting
• Participate in special projects and operational improvement initiatives as requested by leadership

Required Qualifications

• Bachelors degree in Accounting and Finance
• Minimum of 56 years experience
• Proven experience in investment and Debt accounting preferably in a financial institution investment firm or corporate investment function
• Strong understanding of generally accepted accounting principles and concepts including consolidations of wholly and partially owned subsidiaries
• Knowledge of large scale complex Enterprise Resource Planning (ERP) systems and the impacts of how transactions flow
• Strong understanding of generally accepted accounting principles and concepts including Revenue Prepaids Accruals Inventory etc.
• Advanced computer skills required including knowledge and proficiency with spreadsheet and database programs
• Excellent written and oral communication skills are essential and be able to articulate issues in a precise substantive manner

Preferred Qualifications

• CPA or CFA certification
• Experience in an investment firm or corporate investment function
• Non forprofit accounting experience

Position Details

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

Weve 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. Were in this together: working to advance medical innovation serve the health needs of the community and move our collective knowledge forward. If youd like to add enriching human life to your profile UChicago Medicine is for you. Here at the forefront were 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 Medicines COVID19 Vaccination requirement as a condition of employment. If you have already received the vaccination you must provide proof as part of the preemployment 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 preemployment 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 fulltime 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.