VFS - Accountant

Summary

The VFS Accountant is responsible for managing account deposits to ensure adequate funds for payroll processing are maintained and for the balancing of the general ledger (GL) workflows. Additionally, the position processes workers’ compensation payments and requests via email, as well as remittance file conversion for claims processing and account reconciliation.

Essential Functions

• Responsible for daily review and validation of all VFS account transactions and recommend next steps to resolve any discrepancies.
• Knowledgeable of functions performed by and/or products/services offered by VFS.
• Knowledgeable of Generally Accepted Accounting Principles (GAAP).
• Prepare appropriate general ledger entries, balance general ledger accounts and follow-up on outstanding items related to position responsibilities.
• Responsible for tracking and verifying funds received from cancelled or audited workers’ compensation policies and ensuring they are properly reconciled to the relevant accounts for all programs.
• Responsible for recording patient liability/responsibility payments and working with Billing team to ensure timely resolution with member.
• Complete the converting and formatting of all claim’s remittance files for GL and funding reconciliation.
• Prepare income transfer requests semi-monthly or as deposits occur.
• Prepare, process, and balance weekly payroll reports, including verification of liability registers.
• Reconcile cash accounts weekly and monthly.
• Reconcile all GLs quarterly for Sr. Accountant or Accounting and Billing Supervisor to sign off on.
• Return FICA, SUTA, and FUTA funds as applicable.
• File returns and close accounts as requested by the Sr. Accountant.
• Generate and process reports to determine newly liable tax accounts.
• Responsible for tracking and reporting of unclaimed property.
• Create and send monthly invoices including tracking payment and follow-up as needed.
• Monitor and process requests via the department email/fax inbox.
• Maintain policies and procedures manual for process related to this position.
• Make recommendations that support operational efficiencies to increase revenue and decrease expenses.
• Provide back up to department team members as needed.
• Remain abreast of all software features and functionality applicable to position tasks.

Key Attributes

• Oral and written communication skills.
• Member service focus.
• Attention to detail and accuracy.
• Positive attitude that supports a team environment.
• Dependable and punctual; flexible during peak times.
• High level of confidentiality.
• Organizational skills.
• Self-motivated; ability to work without close supervision.
• Problem solving; analysis.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job:

• Occasionally lift and/or move items over 10 pounds.
• Remain sedentary (seated) for extended periods of time.

Working Conditions

This job operates in a professional office environment and routinely uses standard office equipment.

Travel

Limited travel expected.

Required Education And Experience

• Associate's Degree in accounting, finance, or closely related field. 
• 2+ years of relevant work experience. 
• Fluent computer skills in Microsoft Windows environment. Must include Word, Excel, and Outlook. 

Other Duties

Veridian Credit Union is a PCI compliant financial institution to ensure the security of member information. As such, all employees are expected to ensure security measures are in place and adhered to regarding PCI and other highly secure data compliance requirements.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

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