Controller - Remote - Nationwide

Overview

Remote, Nationwide

This role involves leading and overseeing financial accounting, reporting, tax-related activities, audit support, and accounting/payout processes across partnership and corporate entities. The position includes presenting financial information to senior leadership and supporting compliance with GAAP and applicable federal, state, and local requirements.

Responsibilities

• Implement, document, and maintain adequate internal controls to safeguard enterprise assets.
• Implement, document, and maintain processes to improve the close and reporting cycles to ensure timely and accurate reporting.
• Ensure accounting is completed in accordance with GAAP, including evaluation of stipend and patient accounts receivable, evaluation of payroll and other liabilities, and maintenance of ownership equity.
• Generate GAAP basis entity financial statements and departmental and practice-related income statements and balance sheets.
• Convert GAAP basis medical group income statements and balance sheets to cash basis for cash basis income distributions and for tax return preparation.
• Present financial information to the CFO, Finance Leaders, audit committee, Board of Directors, and C-Suite.
• Annually determine both cash basis and accrual basis net income of the Medical Groups to facilitate profit distribution percent calculations and to support allocation of profits to individual partners.
• Monitor and confirm financial condition by conducting audits and providing information to external auditors.
• Prepare special reports by collecting, analyzing, and summarizing information and trends.
• Ensure supporting documentation is maintained for all balance sheet natural accounts and that reconciliations are completed timely.
• Review monthly accounting close process, including analytical review of monthly operating results, to ensure accurate accounting records.
• Review expenses incurred on behalf of multiple entities (including software (MRI) costs, accounting services, analytical services) and ensure appropriate controls are in place to allocate expenses to entities and departments.
• Facilitate the annual “soft-landing” for cash basis financial statements, including determination of the cash basis profit distribution percent and analysis of Qualified earnings.
• Review and approve that total qualified earnings is calculated correctly based on partnership agreements and board policy.
• Review corporate and partnership tax returns prepared by the Tax advisor (as of 2020: 22 Federal and state Partnership returns, 16 corporate federal and 26 Corporate state returns).
• Develop tax strategy with the Tax advisor and present to the CFO at least annually.
• Provide information for and understand composite tax filing for partnerships.
• Review and understand state and local tax.
• Understand tax compliance for each state and work with the Tax advisor to create state-specific tax strategies.
• Ensure compliance with federal, state, and local legal requirements by studying existing and new legislation, anticipating future legislation, enforcing adherence to requirements, filing financial reports, and advising management on needed actions.
• Review and analyze financial information needed to complete corporate and partnership tax returns.
• Review internally generated corporate and partnership tax returns (13 entities both state and federal).
• Review and approve the annual engagement letter for all tax returns (2020 budget is approximately $370,000).
• Ensure timely and accurate compliant bi-weekly payroll for partners (monthly), advance providers, on-site employees, and office employees.
• Approve payroll-related policies and procedures.
• Recommend insurance strategy at least annually related to Cyber, Workers Compensation, General Liability, Malpractice, and EPL. Recommend purchasing commercial insurance or self-insuring.
• Evaluate potential liabilities and ensure proper reserves are reported on financial statements.
• Perform high-level analytical review procedures on gross to net payroll.
• Ensure billing fees charged to practices are properly reconciled to billing fees paid to billing agents.
• Ensure malpractice charged to practices is properly reconciled to malpractice paid to insurance companies.
• Review and approve the master lease file and ensure compliance with GAAP reporting.
• Review and approve allocations of the self-insurance workers’ compensation plan.
• Ensure Accounting and Payroll department goals are aligned with the enterprise’s strategic plan.
• Mentor, guide, and develop staff to achieve career goals, including evaluating performance and developing career tracks.
• Approve hiring and terminations for the entire department.
• Present cases for salary increases to C-Suite.
• Review and approve related staff compensation policies and procedures.
• Determine vision and direction of resource allocation for accounting and payroll.

Requirements

• 15+ years of related accounting experience.
• 5+ years of financial accounting management experience.
• 5+ years of Healthcare experience.
• Bachelor’s Degree in Business, accounting, economics, or a related area.
• CPA or CMA.
• Knowledge of US GAAP.
• Knowledge of US tax code related to partnership and corporate tax.
• Knowledge of US auditing standards.
• Ability to keep abreast of new/current laws, regulations, and common/emerging practices.
• Ability to express ideas and convey information effectively in verbal and written communications.
• Ability to develop and deliver effective presentations to varying groups and sizes.
• Ability to maintain flexibility, cooperation, and participate in cross-organizational performance improvement activities.
• Ability to use office equipment and automated systems/applications/software at an acceptable level of proficiency.
• Ability to establish and maintain effective working relationships as required by the duties of the position.
• Ability to read, understand, and communicate in English enough to perform the duties of the position.
• Ability to evaluate and convey information in legible reports to Finance and executive groups.
• Knowledge of applicable Federal, State, and local laws, regulations, and/or statutes.
• Intermediate to advanced MS Excel, Word, PowerPoint, and Outlook skills.
• Strong consultation skills and ability to seek out information and provide quality advice.
• Knowledge of insurance: workers’ compensation, cyber, malpractice, general liability.
• Knowledge of the concepts, standards, and methods for auditing compliance.

Preferred Qualifications

• Completing cash- and accrual-basis financial statements for Partnerships.
• Solid understanding of US tax code.
• Big 4 or mid-level accounting experience.
• MBA.
• Knowledge of applicable regulatory requirements relating to general compensation.

Compensation & Benefits

• Base salary range: $178,890 - $232,555 (exclusive of fringe benefits or potential bonuses).
• Eligible to participate in an annual corporate Success Sharing bonus program based on the company’s annual performance.
• Final base salary determined based on factors such as skills, education, and/or experience, with consideration of pay equity and internal equity.

Benefits include:

• Superior health plan options
• Dental, Vision, HSA/FSA, Life and AD&D coverage, and more
• 401(k) retirement savings plans with a $1.20 match for every dollar up to 6% plus discretionary profit-sharing contributions (eligible January following 18 months of service)
• Generous paid time off starting 3-4 weeks annually
• Student Loan Refinancing Discounts
• Professional and Career Development Program
• EAP and travel assistance included
• Wellness program

Note: Benefits for part-time and per diem vary.

Location

Remote, Nationwide.

Additional Information

• Applicants only; no agencies please.
• The employer does not discriminate on the basis of race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information (including family medical history), veteran status, marital status, pregnancy or related condition, or any other basis protected by law.