Finance & Accounting
Accounting and Financial Reporting:
- Prepares annual and monthly financial statements and operating reports to UK College of Medicine and Non-College of Medicine departments (e.g. Income Statement, Statement of Cash Flows, Trend Reporting and Variance Analysis)
- Develops, implements, and maintains accounting policies and procedures
- Maintains and reconciles cash and investment funds, manages daily/weekly cash flows and forecasts
- Prepares Financial Pro-forma for new practices and evaluates actual performance
- Maintains the chart of accounts and organizational hierarchy
- Performs monthly general ledger account reconciliations
- Prepares annual budget for KMSF and assists in the preparation of the College of Medicine departmental budgets
- Coordinates external audits of financial statements and provide support to UK internal audits
- Prepares Medicaid and Medicare Cost Reports
Cash Handling & Internal Control:
- Provides Cash Handling training to the staff at the UK clinics
- Develops and implements Cash handling policies and procedures of the clinics
- Conducts risk assessment of assigned department or functional area and submit recommendations to the management
- Performs unannounced audit in coordination with UK Internal Audit department
Real Property and Fixed Asset Management:
- Manages Operating and Capital Leases of building and equipment
- Maintains rent roll, subleases schedules and lease contracts
- Maintains and operates equipment and furniture inventory system
Accounts Payable:
- Process Request for Payment documents for Corporate and College of Medicine departments
- Develops and maintains Guidelines and Frequently Asked Questions for Corporate payment policies and procedures
- Offers training for all business expense reimbursements and vendor payments
- Provides resources for official business travel
- Tax reporting and notification resolution
- Data reporting for all aspects of accounts payable