Controller - Healthcare - Farmington Hills

Description

KEY job RESPONSIBILITIES:  Under general supervision of CFO, responsible for the overall accuracy, timeliness, and completeness of financial statements and reporting systems, including maintenance of an adequate system of accounting records, and a comprehensive set of controls designed to mitigate risk, enhance the accuracy of the company’s reported financial results, and ensure that reported results comply with generally accepted accounting principles.

Additionally, the Controller:

• Maintains the general ledger accounting system. Includes maintenance of chart of accounts, timely system upgrades and ensuring optimal use of the accounting system, including efficient use of report writing tools.
• Ensures processes for timely, accurate, and efficient month-end close and ensures necessary journal entries are booked and reviewed; and timely preparation and analysis of the monthly financial statements.
• Safeguards assets by maintaining a system of internal controls. Including maintaining integrity of internal controls over cash receipts, maintaining adequate depreciation schedules, internal controls over accounting transactions, the adherence to internal accounting policies and procedures, and the implementation of internal financial audits where necessary.
• Oversees the accounts payable and accounting functions.
• Supports and coordinates with the Accounts Receivable and Billing departments, providing knowledge and collaboration to ensure proper revenue recognition, timely cash collections and accurate bad debt reserves.
• Leads and manages financial audits with the outside accounting firm, but not limited to financial, may include assisting with 401(k), Quality of Earnings and Worker’s Compensation)
• Navigates through uncertainties and adapt their strategies accordingly. Detail-oriented and highly organized.
• Assists CFO with special projects and as needed, including the operating budget, productivity analysis, annual cost report submission and annual financial statement audit completion.
• Responsible for maximizing utilization and efficiencies of accounting system.
• Ensures that the system provides appropriate and accurate data and is backed up on a regular basis.
• Ensures standardization and acceptance of all policies across the organization including, but not limited to, PTO, expense reports, and credit card policies.
• Coordinates preparation of annual tax reports and resolves interim tax issues.
• Leads acquisition processes in key accounting areas to allow for seamless integration of acquired accounting systems into “The Care Team” way.
• Maintains detailed knowledge of accounts payable program, payroll/personnel program, billing and revenue program and general ledger program and identifies ways to improve the effectiveness of programs and processes.
• Helps optimize the capital structure and support strategic initiatives.
• Effectively manages and maneuvers cross-functional relationships.
• Communicates financial results and variances in a clear, concise manner to non-financial branch operators.
• Analyzes historical data and market trends to provide valuable insights and recommendations for improving the company’s financial performance.
• Maintains the agency’s mission, philosophy and core values.
• Ensures compliance with agency policies and procedures regarding operations/processes, including but not limited to those regarding patient care, patient complaints, incidents, safety and emergency management.
• Ensures changes in accounting standards and regulations are implemented.
• Handles confidential information with tact and discretion on a need-to-know basis.
• Ability to establish and maintain an effective working relationship with other personnel.
• Displays a caring and helpful attitude when interacting with staff members and vendors. Strives to build cooperative partnerships with departmental heads and field operations.
• Always maintains patient confidentiality, including all HIPAA regulations.

Qualifications

PROFESSIONAL EXPERIENCE/QUALIFICATIONS:

Industry experience

• 8+years of progressive accounting responsibility with at least two years in the #1 controller seat
• Prior experience working with multiple Electronic Medical Record Systems (EMR’s) and can operate within different billing and revenue platforms.
• Prior experience integrating and standardizing new acquisitions.
• Proficiency with accounting software and experience with a software system implementation.
• Advanced knowledge of bookkeeping and accounting best practices, laws, standards, and state/national regulations.

Strategic and Operational Insight

• Advise on financial analyses and decision-making regarding cost containment, capital investments, pricing, contract negotiations, benchmarks, and other matters with branch management, executive leadership and chief financial officer.
• Define, benchmark and implement operational best practices.
• Analytical ability to develop and implement efficiencies, improvements or recommendations.

Controller Expertise

• Complying with all local, state, and federal laws regarding finances, tax filings, and reporting
• Ensuring company complies with all additional legal and regulatory requirements
• Exceptional knowledge of finance, accounting, budgeting, cost accounting and cost control principles, and Generally Accepted Accounting Principles (GAAP)
• Experience in a private equity backed organization in a plus.
• Implementing efficiencies in processes and automation to improve month-end close process and timeline.

Regulatory Requirements

• Must pass a criminal background check & MVR check.
• Completed health statement acknowledging ability to perform the duties of the position.

EDUCATION:

• Bachelor’s degree in accounting, finance, business administration with an emphasis in Accounting, or a related field. Advanced degree, preferred.

physical demands:

I understand the physical demands of the position, including vision, hearing, repetitive motion and the environment.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position without compromising patient care.

Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to or from this job at any time.  It is not designed to contain nor be interpreted as a comprehensive account of all the responsibilities or qualifications required of an employee assigned to this job. These job duties may be subject to change at any time due to reasonable accommodation or other reasons.