Welcome to Veradigm, where our Mission is transforming health, insightfully. Join the Veradigm team and help solve many of today’s healthcare challenges being addressed by biopharma, health plans, healthcare providers, health technology partners, and the patients they serve. At Veradigm, our primary focus is on harnessing the power of research, analytics, and artificial intelligence (AI) to develop scalable data-driven solutions that bring significant value to all healthcare stakeholders. Together, we can transform healthcare and enable smarter care for millions of people.
Job Summary
As a Principal Accountant you will be responsible for preparing CECL calculations, calculating the Accounts Receivable Reserve (A/R Reserve) and providing support for SEC reporting efforts, all while adhering to US GAAP accounting standards and regulations.
This is a remote position
What you will contribute:
- Prepare CECL calculation models, methodologies, and processes for various products and assets in a timely and accurate manner in accordance with regulatory requirements.
- Calculating the Accounts Receivable Reserve (A/R Reserve)
- Provide comprehensive support for SEC reporting including the preparation and review of financial statements and related disclosures.
- Independently prepare quarterly ACL analysis and recommendations, presenting them to the CECL committee for approval.
- Work closely with internal and external auditors to assist in understanding ACL methodology, model assumptions, quarterly results, and ASC 326-20 (CECL application).
- Identify and assess credit risks, develop action plans to address issues and provide strategic guidance.
- Stay current with changes in accounting standards and regulatory requirements, ensuring compliance.
- Collaborate with other departments, including IT, risk management, and audit, to implement CECL changes and processes.
- Present results and recommendations to senior management and key stakeholders for review and challenge.
- Drive process improvement initiatives, including automation of analytics and reporting processes.
Qualifications:
- Bachelor’s or Master’s in accounting
- 5-7 years of experience, public accounting or public company experience preferred
- In-depth knowledge of US GAAP, understanding of CECL accounting standards, and related regulations
- Experience calculating the Accounts Receivable Reserve (A/R Reserve)
- Strong analytical, problem-solving, and communication skills
- Experience with financial modeling and data analysis tools
- Intermediate Excel skills
- Experience with financial systems, such as Oracle, Workday and Alteryx is highly preferred
- Ability to work both independently and as part of a team
#LI-Remote
#LI-KB1
Travel Requirements: Less than 10%
Compliance
Job responsibilities include fostering the Company’s compliance with all applicable laws and regulations, adherence to the Code of Conduct and Compliance Program requirements, policies and procedures. Compliance is everyone’s responsibility.
Enhancing Lives and Building Careers
Veradigm believes in empowering our associates with the tools and flexibility to bring the best version of themselves to work and to further their professional development. Together, we are In the Network. Interested in learning more?
Take a look at our Culture, Benefits, Early Talent Program, and Additional Openings.
We strongly advocate that our associates receive all CDC recommended vaccinations in prevention of COVID-19.
Visa Sponsorship is not offered for this position.
At Veradigm, our greatest strength comes from bringing together talented people with diverse perspectives to support the needs of healthcare providers, life science companies, health plans, and the patients they serve. The Veradigm Network is a dynamic, open community of solutions, external partners, and cutting-edge artificial intelligence technologies that provide advanced insights, technology, and data-driven solutions. Veradigm offers a comprehensive compensation and benefits package, including holidays, vacation, medical, dental, and vision insurance, company paid life insurance and retirement savings.
Veradigm’s policy is to provide equal employment opportunity and affirmative action in all of its employment practices without regard to race, color, religion, sex, national origin, ancestry, marital status, protected veteran status, age, individuals with disabilities, sexual orientation or gender identity or expression or any other legally protected category. Applicants for North American based positions with Veradigm must be legally authorized to work in the United States or Canada. Verification of employment eligibility will be required as a condition of hire. Veradigm is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse and inclusive workforce.
From a "VEVRAA Federal Contractor" We request Priority Referral of Protected Veterans
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