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MedImpact

Independent PBM reducing prescription costs

Staff Accountant 3

Financial AccountingConfirmed live in the last 24 hours
Full-timeSan Diego, CA, USA

About the Job

Requirements

  • A Bachelor of Science or Bachelor of Arts and at least 5 years of experience, or an equivalent combination of education and experience, plus 2 years of subject matter expertise in the respective areas.
  • Strong working knowledge of MAS500 or equivalent accounting software and the Microsoft Office Suite.
  • Advanced knowledge and ability to apply generally accepted accounting principles (GAAP) concepts and rules.
  • Prior experience applying GAAP concepts and rules.
  • General ledger proficiency.
  • Ability to solve practical problems and deal with concrete variables where limited standardization exists.
  • Ability to interpret written, oral, diagrammatic, or scheduled instructions.
  • Ability to calculate figures and amounts, including discounts, interest, commissions, proportions, percentages, area, circumference, and volume, and apply basic algebra and geometry.
  • Ability to read and interpret safety rules, operating and maintenance instructions, and procedure manuals.
  • Ability to write routine reports and correspondence and speak effectively before groups of customers or employees.
  • Ability to provide excellent customer service and interpersonal communication, including listening, verbal, and written communication; manage difficult or emotional client situations; respond promptly to client needs and service requests; solicit feedback to improve service; and meet commitments to clients.
  • Ability to work overtime, including nights, weekends, or holidays as required.
  • Ability to travel domestically up to 5% of the time.
  • Ability to work on-site in San Diego or another company location, or remotely with management approval based on business requirements; provide adequate internal client support and be available for regular coordination with employees, colleagues, clients, or vendors and stakeholder collaboration.
  • Ability to sit, talk, hear, stand, walk, handle objects, reach, and occasionally lift or move up to 25 pounds; maintain close vision, color vision, and depth perception.

Responsibilities

  • Use GAAP and controls to prevent or reduce the risk of potential misstatements or misappropriations.
  • Monitor compliance with GAAP, Sarbanes-Oxley requirements, internal controls, and company and departmental procedures.
  • Reconcile general ledger accounts.
  • Review, investigate, and correct errors and inconsistencies in financial entries, documents, and reports.
  • Compile and analyze financial information.
  • Prepare general ledger journal entries.
  • Perform the month-end close process and assist with monthly reporting packages, management financial briefings, and monthly financial reviews for the Board of Directors.
  • Train and mentor less experienced accountants, manage projects, and lead assigned meetings.
  • Prepare and distribute individual company variance reports; analyze financial information; and prepare balance sheets, profit and loss statements, and other reports, including 10-Ks and 10-Qs, to summarize and interpret current and projected financial position for management.
  • Audit contracts, orders, and vouchers, and prepare reports to substantiate individual transactions before settlement.
  • Maintain responsibility for key accounting functions, including cash, investments, accounts receivable, prepaids, fixed assets, internally developed software, notes receivable and payable, leases, deferred rent, accounts payable, customer advances, accrued expenses, income taxes, rebates, and payroll.
  • Manage internal resources to perform assigned duties within the Accounting group; assist with developing and administering policies, business processes, and quality standards; and develop and maintain cross-functional and interdepartmental relationships.
  • Work under deadlines and quickly resolve accounting challenges affecting multiple functional areas.
  • Identify issues, propose solutions, implement selected resolutions, and maintain solutions as appropriate.
  • Understand client needs and identify solutions to non-standard tasks and queries.
  • Provide solutions to a diverse range of complex problems.
  • Anticipate potential control issues, resolve them before they become audit findings, and interface effectively with audit staff.
  • Serve as a resource on GAAP and financial accounting standards.
  • Drive process improvement and simplification initiatives; create processes and procedures to improve efficiency; and develop and recommend enhancements to accounting methods and procedures.
  • Research accounting and financial reporting issues and communicate conclusions to management.

Desired Qualifications

  • Certified Public Accountant designation.

About the Company

MedImpact

Independent PBM reducing prescription costs

MedImpact is an independent pharmacy benefit manager serving health plans, self-funded employers, and government entities. It designs and administers prescription drug benefits, including formulary management, benefit design, utilization management, claims processing, clinical programs, and specialty drug management to cut costs and improve health outcomes. It differentiates itself as independent (not owned by a payer or drugstore) with transparent and flexible pricing across a broad client base and end-to-end benefit management. Its goal is to lower prescription drug costs for clients while improving member health through data-driven, transparent, and comprehensive programs.

Company size
1,001-5,000
Company stage
Seed
Total funding
$2.8M
Headquarters
San Diego, CA
Founded
1989

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