The Senior Accountant performs all general accounting functions for YMCA Employee Benefits, including account receivable processing, preparation of internal financial and management reports, wellness incentive reporting and all general ledger account reconciliations.
KNOWLEDGE, SKILLS AND ABILITIES
Bachelor’s degree in Accounting or related field is required
Minimum of 3-5 years of experience in accounting, with emphasis in accounts receivables
Experience working as an accountant within a health and welfare benefit organization is preferred
Strong technical experience in Microsoft Office (Excel, Access, Word) and accounting software is required
Must be detail oriented and possess the ability to handle multiple projects simultaneously while meeting required deadlines
Must possess strong analytical, problem solving and organizational skills
Must possess excellent verbal and written communications skills
Ability to handle confidential information is required
Must demonstrate strong initiative
Must be able to work with all levels of employees within Y-USA and local YMCAs
Commitment to YMCA character development values of caring, honesty, respect and responsibility
Values. Demonstrates in word and action the Y’s core values of caring, honesty, respect, and responsibility and a commitment to the Y’s mission, in all matters at all times.
Inclusion. Values all people for their unique talents, and takes an active role in promoting practices that support diversity, inclusion, and cultural competence.
Relationships. Builds authentic relationships in the service of enhancing individual and team performance to support the Y's work.
Communication. Listens and expresses self effectively and in a manner that reflects a true understanding of the needs of the audience.
Quality Results. Demonstrates and fosters a strong commitment to achieving goals in a manner that provides quality experiences.
Change Capacity. Leads self and others through change by navigating ambiguity appropriately and adapting well to new situations, obstacles, and opportunities.
Self Development. Is dedicated to the improvement of own capabilities and demonstrates this through the continual expansion of knowledge and skills.
Perform all client related account receivable functions; insuring that all invoices and cash receipts are posted to the proper client accounts in the eligibility and accounting systems and the respective MS Access database tables are updated and balanced
Manage the delinquency notification and resolution process including computing and posting late payment penalties, generating delinquency notices, and arranging repayment programs/strategies with staff of delinquent YMCA’s.
Prepare monthly internal financial statements and recap analysis; including the computation and posting of all month end journals to Business Works accounting system
Prepare IRS Forms 990 and 5500 and Summary Annual Report (SAR).
Provides assistance to external audit staff by preparing all PBC (prepared by client) material, managing the confirmation process and responding to information requests and questions
Perform all balance sheet account reconciliations including researching and correcting reconciling items
Facilitate correction of enrollment discrepancies by working with local YMCA staff and internal resources
Prepare and maintain electronic copies of selected monthly claim information reports from third party reporting systems
Maintain the integrity of the Plans general ledger system
Verifies bank or other financial transactions
Compiles data for financial reports, creates reports/spreadsheets as required
Supports the Plan’s annual trends and benchmarks data collection process and reporting as required
Responsible for maintaining the Plan’s WellnessWorks program database including summarizing incentive program expense and communicating Health Assessment results to local YMCAs
Performs other duties as assigned
EFFECT ON END RESULTS/ STRATEGIC IMPACT
This position impacts the department’s objectives of maintaining the integrity of the accounting records and the accuracy of financial reporting.
Facts & Figures
The Y is a leading nonprofit organization for youth development, healthy living and social responsibility.
The Y is a powerful association of men, women and children committed to bringing about lasting personal and social change. With a focus on nurturing the potential of every child and teen, improving the nation’s health and well-being and providing o...pportunities to give back and support neighbors, the Y enables youth, adults, families and communities to be healthy, confident, connected and secure.
In the U.S., the Y is comprised of YMCA of the USA, a national resource office, and 2,700 YMCAs with approximately 20,000 fulltime staff and 600,000 volunteers in 10,000 communities across the country.
The Y engages 9 million youth and 13 million adults each year in the U.S.
Worldwide, the Y serves more than 45 million people in 119 countries. Ys across the U.S. play an integral role in strengthening the leadership and youth programs of the Y around the world.
Members, staff and volunteers of the Y include men, women and children of all ages and from all walks of life.
The Y offers programs, services and initiatives focused on youth development, healthy living and social responsibility, according to the unique needs of the communities it engages.
The Y is accessible to all people. Financial assistance is offered to individuals and families who cannot afford membership.
The Y is guided by four core values: caring, honesty, respect and responsibility.