Senior Staff Accountant

Chicago, IL (Hybrid)

The American Medical Association (AMA) is the nation's largest professional Association of physicians and a non-profit organization. We are a unifying voice and powerful ally for America's physicians, the patients they care for, and the promise of a healthier nation. To be part of the AMA is to be part of our Mission to promote the art and science of medicine and the betterment of public health.

We continuously work to embed equity in our internal practices and are committed to increasing the diversity of our staff across all levels of the organization. We intentionally work to create the right conditions to enable our employees to feel that they can be their authentic selves and fully participate in the life of the enterprise.

We encourage and support professional development for our employees, and we are dedicated to social responsibility. We invite you to learn more about us and we look forward to getting to know you.

We have an opportunity at our corporate offices in Chicago for a Senior Staff Accountant on our Finance team. This is a hybrid position reporting into our Chicago, IL office, requiring three days a week in the office.

As a Senior Staff Accountant , you will utilizing Generally Accepted Accounting Principles (GAAP), AMA processing standards, and best practices perform accounting activities and analyses associated with AMA’s businesses. Related activities include accounting structure maintenance in licensing software, recording business transactions, reconciling general ledger accounts, preparing revenue and trend analyses, and accruals as required. Recommend and maintain accounting department policies and procedures.

RESPONSIBILITIES:

Financial Accounting & Analysis

• Coordinate with business to ensure that agreements and customer reporting are processed and reconciled timely to generate and post receivables.

• Identify, upload and apply cash receipts daily to posted receivables.

• Prepare monthly aging reports for Accounting and Operations management; follow up on delinquent accounts per policy.

• Coordinate invoice distribution on selected accounts.

• Perform monthly analyses and analyze trends on selected accounts.

• Perform month-end close and analysis activities related to publication licensing revenues.

• Ensure new pricing models are created and tested in the royalty accounting software.

• Resolve unapplied cash and unposted receivables with business units.

• Record expenses and recognize revenue on selected activities in accordance with GAAP.

• Prepare, process and/or review complex monthly journal entries to the appropriate general ledger account ensuring that proper accounting policies and procedures are strictly followed.

  Accounting Operations

• Cross train and provide support on other major revenue streams of the business including analyzing licensing of data files and sales of physical books.

• Utilize database table structures and queries to implement process improvements and supplement management reporting.

• Maintain files for audit and reporting ensuring all documents are compliant with department policies and government rules and regulations where appropriate

• Evaluate, recommend, maintain, and follow accounting department policies and procedures.

  May include other responsibilities as assigned

  REQUIREMENTS:

• Bachelor’s degree in accounting or relevant degree required; CPA preferred.

• 5+ years of professional experience with revenue and/or general accounting activities required or comparable experience.

• Current knowledge of generally accepted principles (GAAP).

• Experience in accounting transaction operations supporting revenue preferred.

• Proven experience with financial information systems including Oracle Hyperion, SmartView/Essbase, Blackline, Lawson, or similar applications/tools. Advanced skills with Microsoft Office (Word, Excel, PowerPoint, Access).

• Highly proficient communication and analytical skills required.

• Demonstrated ability to work effectively with others at all levels within an organization.

• Demonstrated ability to work independently in a demanding environment

• .Highly attentive to details, organized and effective at managing multiple tasks simultaneously in a deadline driven environment.

  The American Medical Association is located at 330 N. Wabash Avenue, Chicago, IL 60611 and is convenient to all public transportation in Chicago.

  We are an equal opportunity employer, committed to diversity in our workforce. All qualified applicants will receive consideration for employment. As an EOE/AA employer, the American Medical Association will not discriminate in its employment practices due to an applicant’s race, color, religion, sex, age, national origin, sexual orientation, gender identity and veteran or disability status.

  THE AMA IS COMMITTED TO IMPROVING THE HEALTH OF THE NATION