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Oak HC/FT

Corporate Controller

US Heart and Vascular

US Heart and Vascular

This job is no longer accepting applications

See open jobs at US Heart and Vascular.
Accounting & Finance
Nashville, TN, USA
Posted on Tuesday, December 19, 2023

The Controller leads the Company’s accounting and financial reporting functions, and is responsible for ensuring timely, accurate financial statement preparation and internal, external, and lender reporting within required timelines. This role is responsible for the day-to-day accounting, accounts payable, treasury, and related activities of the organization, ensuring consistent adherence to US GAAP and internal controls, and overseeing the annual audit and other periodic audits and reviews as needed. This leadership role reports to the CFO and has both tactical and strategic roles in the overall management of the accounting department. The Controller maintains strong working relationships with peer groups across the organization, including revenue cycle, IT, operations, human resources, and legal. The Controller is also the primary point of contact for the external auditors.

The Controller should be experienced with fast-paced private equity backed, M&A oriented business environments. The Controller should be skilled in building, maintaining and leading teams to common objectives within organizational deadlines, and have strong experience with internal controls and process flow.

The ideal candidate has a strong technical skill set with excellent verbal and written communication skills and the ability to adapt, collaborate, and work through complex problems in fast-paced, deadline driven environments. USHV looks for people who are enthusiastic to grow their skills and take on new responsibilities with the ability to adapt to a constantly changing environment.

Reports to: Chief Financial Officer

Key Relationships: CEO & COO

Key Partnerships: Senior leadership team, Regional Presidents, Financial Planning and Analysis, Revenue cycle leadership, accounting team members, Legal and IT.

Duties and Responsibilities

  • Develop and lead an effective private company accounting and reporting function that is scalable for significant growth.
  • Develop, lead, and motivate a diverse group of accounting employees, establishing an accountable, high performing organization that is agile in responding to business transactions, acquisitions, and other dynamic items.
  • Partner with peers in finance, operations, legal, IT, and human resources to understand the Company’s operations at a detailed level. Proactively seek to understand the USHV business.
  • Proactively partner with the integrations and related teams to ensure acquired practices are timely and effectively transitioned onto USHV back-office platforms. Drive effective transition and integration activities.
  • Skillfully analyze complex accounting issues and collaborate with cross-functional business partners with varying backgrounds and levels of experience to obtain the necessary understandings of the business.
  • Responsible for all technical accounting matters and preparation of all technical accounting memorandums. Technical areas of focus at USHV include Consolidations (ASC 810), Revenue Recognition (ASC 606), Lease Accounting (ASC 842), Stock Compensation (ASC 718). Must also be comfortable with company concepts such as Earnings Before Physician Compensation; Management Fees/Management Agreements and Significant amounts of Intercompany Accounting.
  • Technical accounting memorandums must be easily consumable by external auditors.
  • Communicate technical accounting requirements and decisions to the corporate accounting team and to peer groups in a way that is easily understandable and can be effectively operationalized.
  • Responsible for the critical accounting policies of the Company, including revenue recognition and related price concession methodology (implicit and explicit), insurance reserve methodology and interaction with actuaries, stock compensation, and annual goodwill impairment testing and valuations.
  • Ensure smooth communication, planning, process, and workflow with the external auditors to deliver the annual audit within required timelines and within budget.
  • Assist with monitoring synergy realization and other cost objectives related to M&A activity.
  • Develop and maintain robust, reliable departmental controls surrounding the monthly, quarterly, and annual close schedules and accurate financial statement preparation.
  • Implement strong balance sheet reconciliation controls and processes such that the company’s balance sheet accounts are reconciled at or prior to monthly close.
  • Serve as a key control owner over the custody and disbursement of the company’s cash. Authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
  • In tandem with the CFO, maintain and apply the Company’s delegation of authority policies as it pertains to approval of disbursements.
  • Highlight critical financial issues and the corresponding narrative, and effectively communicate with the departments across the company as necessary.
  • Assist in relationship management with shareholders and lenders on an as needed basis to drive a clear understanding of financial performance.
  • Assist the finance team as necessary with, and participate in the planning, coordination, execution, and delivery of the annual budgeting process.
  • Assist with all federal, state, and local tax filings.
  • Maintain effective and collaborative communication, with a service orientation toward the company’s physicians and other practice personnel.
  • Perform other responsibilities as assigned or required.

Essential Skills and Functions

  • Ability to understand, direct and communicate complex data analysis and reporting.
  • Builds strong relationships across the operations, clinical and corporate support teams as well as providers in the group.
  • Possesses exceptional organizational and time management skills, can multi-task.
  • Must be self-motivated, detail-oriented and possess strong critical thinking, decision-making, and problem-solving capability.
  • Excellent verbal and written communication skills in order to maintain strong working relationships with peer groups/departments.
  • Must be flexible and able to adapt within a fast-changing, dynamic company and industry.
  • Strong customer service orientation toward the company’s physicians, practice personnel and operators.

Education: Bachelor’s degree in Accounting or Business Administration required; Master’s degree preferred.

CPA designation required.

Experience Required:

10+ years of progressive combined public accounting (audit practice) and industry accounting and financial reporting experience Big 4 public accounting experience preferred. Healthcare industry experience preferred.

Experience with all aspects of general ledger management, reconciliation, and month-end and year-end close processes.

Experience with MS Great Plains a plus.

Experience in a private equity backed healthcare organization, or medium to large physician practice a strong plus.

Strong proficiency within the Microsoft applications suite, especially Excel, is required.

This job is no longer accepting applications

See open jobs at US Heart and Vascular.