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Review Vacancy

Date Posted 04/23/24

Applications Due05/07/24

Vacancy ID157059

NY HELPYes

AgencyHealth, Department of

TitleSenior Accountant (NY HELPS) - 85030, 85031, 85033, 85023

Occupational CategoryFinancial, Accounting, Auditing

Salary Grade18

Bargaining UnitPS&T - Professional, Scientific, and Technical (PEF)

Salary RangeFrom $52198 to $82656 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Competitive Class

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 8 AM

To 4 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County Albany

Street Address Office of Health Insurance Programs/Division of Finance + Rate Settings/Division of Finance + Rate Settings/ Bureau of Financially Distressed Hospital

99 Washington Avenue

City Albany

StateNY

Zip Code12260

Minimum Qualifications Current Department of Health (DOH) employee with permanent or contingent-permanent competitive status as a Senior Accountant, G18 OR current NYS employee with one year or more of permanent or contingent-permanent, competitive service in a title at or above G18 and eligible to transfer to Senior Accountant, G18 under Section 70.1 of the Civil Service Law; OR current NYS employee with one year or more of permanent or contingent-permanent, competitive service in an accounting, auditing or fiscal traineeship at the G14 or G16 level and eligible to transfer to an Accountant Traineeship under Section 70.1 of the Civil Service Law.
NY HELPS: Accountant Trainee, NS - A bachelor's or higher degree in
accounting, auditing, or taxation; OR a bachelor's or higher
degree with 24 semester *credit hours in accounting, auditing,
or taxation courses.
Senior Accountant, G18- A Bachelor's or higher in or with 24
semester credit hours in accounting, auditing, or taxation AND
**two years of professional experience in accounting/auditing or
financial internal or field auditing, where you were responsible
for the full range of activities in the design and/or review,
analysis and management of accounting systems, resulting in
the preparation of, or recommendations on, financial statements
in accord with generally accepted accounting principles.
* Note that courses such as business law, economics, statistics,
and most finance courses, although taken as part of an
accounting curriculum, cannot be counted toward the 24
semester credit hours.
** A master’s degree in accounting, auditing, or taxation
substitutes for one year of qualifying experience.

Preferred Qualifications: Critical thinking skills, analytical skills with Microsoft Excel, ability to solve problems independently. Professional work experience and/or education in accounting and trend analyses.

Duties Description This incumbent will function as an analyst within the Division of Finance and Rate Setting, within the Bureau of Financially Distressed Hospitals (FDH).

The Bureau of Financially Distressed Hospitals Bureau’s goal is to promote financial sustainability for healthcare providers, thereby improving health service quality, preserving access, and decreasing statewide provider reliance on State aid to fund operations. In addition, this Bureau works directly with hospitals on their cash flow, hospital needs, and various payment mechanisms, including Directed Payment Templates (DPT), Vital Access Program (VAP) funding, and Vital Access Provider Assurance Program (VAPAP) awards.

Duties Include:

Ensure completeness of data submission for supplemental data requests and other information related to funding applications from hospitals; Update both the VAP and VAPAP DOH websites as needed with the purpose of each program and application requirements.
Create a transition plan and language for VAPAP subsidy funds to occur on a quarterly disbursement schedule; Provide updates to reported information, closing the loop on what funds are used and address requests for emergent funds for a significant need; Focus on cash flow metrics with enhanced specificity and breakdowns that allow for a better understanding of root cause and potential solutions (e.g., payer class break out, asset types); Collect operational and quality measures to allow NYS to better assess FDH needs, validate submitted transformation plans, and track towards DOH’s regional health care delivery planning objectives; Facilitate FDHs moving towards monthly and quarterly data submissions (depending on the program) following the updated excel cash flow template which includes financial, operational, and quality measures; Track hospitals receiving subsidies by utilizing a redesigned, statewide hospital subsidy portfolio tracker which will provide insight into where each NYS hospital stands across the subsidy continuum (e.g., applied for a specific subsidy, receiving a single or multiple subsidies, has not applied for subsidy, program status); Regulate legal agreements that FDHs will sign outlining stipulations and expectations for subsidy recipients, including 1) business terms and performance standards (both hospital and State terms and responsibilities) and 2) enforcement and monitoring policies.
Foster relationships between FDH Bureau staff and specific FDHs by geographic region; Work with institutions to provide financial projections attested by the FDH’s CEO/CFO; Assists higher-level accountants in the FDH Bureau; Maintains manual or automated hospital ledgers including books of account or general ledgers, the classification and recording of transactions, the maintenance of controls and the preparation of required accounting statements and reports; Verifies, classifies, and codes hospital financial transactions for input following GAAP and applicable laws, rules, and regulations.
Performs and oversees hospital record-keeping and required fiscal reporting for State and federally funded agency programs by interpreting guidelines, instructions, and monitoring schedules and reports; Independently performs accounting work as determined by the FDH Bureau program areas, hospital groups serviced, or by accounting system utilized, including the preparation of supporting accounting statements and reports; Assists in budget preparation by compiling necessary FDH data; Monitors hospital revenue collection to determine if revenue goals are being met; Recommends revisions and assists in the evaluation of hospital accounting or auditing methods and procedures. Assists in determining if new or revised financially distressed evaluation procedures are required; Updates or assists in updating hospital financial reporting systems and procedures, and supports schedules, forms and reports in response to changes in law.
Designs or assists in the design of special hospital financial accounting schedules, forms, and reports and recommends changes as needed; Provides advice and assistance to impacted State and local jurisdictions, and private sector hospital operations concerning accounting matters. Advice is based on GAAP principles, theories, concepts, and practices, and relevant body of laws, rules, and regulations.

Additional Comments We offer a work-life balance and a generous benefits package, worth 65% of salary, including:

• Holiday & Paid Time Off
• Public Service Loan Forgiveness (PSLF)
• Pension from New York State Employees’ Retirement System
• Shift & Geographic pay differentials
• Affordable Health Care options
• Family dental and vision benefits at no additional cost
• NYS Deferred Compensation plan
• Access to NY 529 and NY ABLE College Savings Programs, and U.S. Savings Bonds
• And many more...

For new State employees appointed to graded positions, the annual salary is the hiring rate (beginning of the Salary Range) of the position. Promotion salaries are calculated by the NYS Office of the State Comptroller in accordance with NYS Civil Service Law, OSC Payroll rules and regulations and negotiated union contracts.

The NYS Department of Health is committed to making New York a safer, healthier, and more equitable place to live. Understanding health equity, social determinants of health and health disparities is critical to accomplish our goal of eliminating health disparities. For more information on the NYS Department of Health’s Mission, Vision, Values and Strategic Plan, please visit: https://health.ny.gov/commissioner/index.htm

Some positions may require additional credentials or a background check to verify your identity.

Name Human Resources Management Group, SCD/SnrAcct/85030/85031/85033/85023

Telephone 5184861812

Fax 518-473-3395

Email Address resume@health.ny.gov

Address

Street Rm 2217, Corning Tower Building, Empire State Plaza

City Albany

State NY

Zip Code 12237

 

Notes on ApplyingPlease submit your resume and cover letter, preferably in PDF format, by email to resume@health.ny.gov, with Reference SCD/SnrAcct/85030/85031/85033/850235 included in the subject line or by mail to Human Resources Management Group, SCD/SnrAcct/85030/85031/85033/85023, Rm 2217, Corning Tower Building, Empire State Plaza, Albany, NY 12237-0012, or by fax to (518) 473-3395. Failure to include the required information may result in your resume not being considered for this position.

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