The Role
Performs advanced accounting including complex journal entries, reconciliations, financial statement preparation, variance analysis, budgeting support, internal controls, and audit support. Ensures GAAP compliance, mentors junior accountants, and collaborates with leadership to improve processes and reporting.
Summary Generated by Built In
Job Summary
The Accountant III performs advanced accounting functions, including complex journal entries, financial analysis, reconciliations, and regulatory compliance. This role is responsible for ensuring the accuracy and integrity of financial records, supporting budgeting and forecasting, and preparing financial statements. The Accountant III works closely with senior leadership, auditors, and cross-functional teams to provide financial insights, improve internal controls, and optimize financial processes.
Essential Functions
The Accountant III performs advanced accounting functions, including complex journal entries, financial analysis, reconciliations, and regulatory compliance. This role is responsible for ensuring the accuracy and integrity of financial records, supporting budgeting and forecasting, and preparing financial statements. The Accountant III works closely with senior leadership, auditors, and cross-functional teams to provide financial insights, improve internal controls, and optimize financial processes.
Essential Functions
- Prepares and records complex journal entries, including revenue recognition, intercompany transactions, deferred revenue, capital expenditures, lease accounting, and accruals.
- Conducts detailed account reconciliations for cash, investments, fixed assets, accounts receivable, accounts payable, and other balance sheet accounts.
- Assists in the preparation of financial statements, including balance sheets, income statements, and cash flow reports, ensuring compliance with Generally Accepted Accounting Principles (GAAP).
- Performs financial analysis and variance reporting, identifying trends and providing recommendations for process improvements.
- Develops and maintains internal controls to ensure compliance with regulatory requirements and organizational policies.
- Supports budgeting and forecasting activities by compiling and analyzing financial data, assisting in variance analysis, and providing financial insights to leadership.
- Works closely with auditors by preparing financial documentation, schedules, and reconciliations for internal and external audits.
- Ensures compliance with tax regulations, including sales tax, property tax, and other financial reporting requirements.
- Collaborates with finance, operations, and leadership teams to optimize financial processes, improve efficiencies, and enhance reporting capabilities.
- Provides mentorship and guidance to junior accountants, ensuring knowledge-sharing and best practices across the department.
- Performs other duties as assigned.
- Maintains regular and reliable attendance.
- Complies with all policies and standards.
- Bachelor's Degree in Accounting, Finance, or a related field required or
- Four (4) plus years of direct experience in lieu of a Bachelor's degree required
- Master's Degree in Accounting, Business Administration (MBA), or a related field preferred
- 5-7 years of progressive accounting experience, including financial reporting, reconciliations, and financial analysis required
- Experience in healthcare accounting, financial operations, or audit within a facility-based or corporate setting preferred
- Strong knowledge of accounting principles (GAAP) and financial reporting standards.
- Proficiency in financial analysis, reconciliations, budgeting, and forecasting.
- Expertise in financial systems, accounting software, ERP systems, and Microsoft Excel.
- Ability to interpret complex financial data, identify trends, and provide strategic recommendations.
- Strong attention to detail, problem-solving skills, and ability to manage multiple priorities.
- Excellent written and verbal communication skills to collaborate with leadership, auditors, and cross-functional teams.
- Ability to lead projects, improve financial processes, and contribute to organizational decision-making.
- Certified Public Accountant (CPA) required or
- Certified Management Accountant (CMA) required
Skills Required
- Bachelor's Degree in Accounting, Finance, or related field (or 4+ years direct experience in lieu of degree)
- 5-7 years progressive accounting experience including financial reporting, reconciliations, and financial analysis
- Certified Public Accountant (CPA) or Certified Management Accountant (CMA)
- Master's Degree in Accounting, MBA, or related field
- Experience with healthcare accounting, financial operations, or audit in facility-based or corporate setting
- Strong knowledge of GAAP and financial reporting standards
- Proficiency in financial analysis, reconciliations, budgeting, and forecasting
- Expertise in financial systems, accounting software, ERP systems, and Microsoft Excel
- Ability to prepare audit documentation and work with internal/external auditors
- Strong written and verbal communication and ability to mentor junior accountants
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The Company
What We Do
Community Health Systems, Inc. is one of the nation’s leading operators of general acute care hospitals. The organization’s affiliates own, operate or lease more than 80 hospitals in 16 states with approximately 15,000 licensed beds. Affiliated hospitals are dedicated to providing quality healthcare for local residents and contribute to the economic development of their communities. Based on the unique needs of each community served, these hospitals offer a wide range of diagnostic, medical and surgical services in inpatient and outpatient settings.
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