What are the responsibilities and job description for the Controller position at Hirebridge Organic?

Job Description

As the region's dedicated experts in exceptional musculoskeletal care, our doctors and staff at Lakeshore Bone & Joint Institute have served the orthopedic needs of northwest Indiana since 1968. With state-of-the-art facilities, we are dedicated to delivering the exceptional, compassionate care patients need to keep moving and keep enjoying their life.

Summary :

The Controller will oversee the financial operations and accounting functions of our orthopedic physician group practice. This position will be responsible for maintaining the accuracy of the financial statements, ensuring regulatory compliance, managing day-to-day financial operations, and providing strategic financial insight to the leadership team. The ideal candidate will have strong experience in healthcare finance, with a specific understanding of medical practice accounting and reporting.

Key Responsibilities :

Financial Reporting & Analysis :

Prepare monthly, quarterly, and annual financial statements for review by the CFO and leadership team
Monitor and analyze practice revenues, expenses, and other key financial metrics to ensure financial health
Provide detailed financial analysis, including variance analysis and recommendations for improving financial performance

Budgeting & Forecasting :

Lead the budgeting process and financial forecasting for the practice

Work with department heads to ensure accurate and realistic budget submissions

Provide ongoing support and guidance to ensure adherence to budget targets

Cash Management :

Oversee cash flow management, ensuring the practice has sufficient liquidity for daily operations

Ensure timely billing and collection of outstanding accounts receivable

Accounts Payable / Receivable :

Supervise accounts payable and accounts receivable functions, ensuring accurate and timely processing of invoices, payments, and collections

Work with practice managers and administrators to resolve discrepancies or issues

Compliance & Internal Controls :

Ensure compliance with all relevant federal, state, and local regulations, including Medicare / Medicaid billing practices, healthcare compliance regulations, and tax requirements

Establish and maintain internal controls to safeguard the organization’s assets

Audit & Tax Preparation :

Coordinate with external auditors for annual audits and ensure the practice’s financial records are prepared for audit

Oversee tax filings and ensure timely filing of all required tax documents (e.g., payroll taxes, corporate taxes)

Team Leadership & Training :

Manage and mentor a small team of accounting staff, providing ongoing training and support

Promote continuous improvement in financial reporting processes

System Management :

Oversee financial software and ensure the accurate and efficient use of financial management tools and systems

Recommend and implement process improvements to streamline financial reporting and operations

Qualifications :

Bachelor’s degree in Accounting, Finance, or a related field; CPA preferred

Minimum of 5 years of accounting experience, with at least 2 years in a healthcare setting, preferably in an orthopedic or medical practice environment

Strong knowledge of healthcare financial practices, billing, and reimbursement processes

Experience with accounting software (e.g., QuickBooks, Sage, or practice management software)

Excellent analytical, problem-solving, and communication skills

Ability to work independently and collaboratively in a fast-paced environment

Strong attention to detail, with a commitment to accuracy and deadlines

Knowledge of regulatory compliance requirements for medical practices (e.g., HIPAA, Medicare / Medicaid billing)

Additional Skills :

Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)

Strong leadership and interpersonal skills

Ability to manage multiple tasks and prioritize effectively

Experience with financial reporting and budgeting for a physician group or healthcare organization

Working Conditions :

Full-time, with potential for occasional evening or weekend hours during peak financial periods

Office environment with occasional travel to other practice locations

Physical Requirements :

While performing the duties of this job, the employee may be required to sit and / or stand for prolonged periods, work longer than eight (8) hour shifts, and to work both day / evening shifts. Work may hand dexterity as well as the need to reach, climb, balance, stoop, kneel, crouch, talk, and hear. The employee must occasionally lift and / or move up to 50 lbs. While performing the responsibilities of the job, the employee is required to talk and hear. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to focus. Reasonable accommodation can be made to enable people with disabilities to perform the described essential functions of the job.

Environmental / Working Conditions :

Work is performed in an office environment. Involves frequent personal and telephone contact with patients and with testing sites and surgery departments. Work may be stressful at times. Interaction with others is constant and interruptive. Contact involves dealing with injured sick people.

Compliance :

All employees have a responsibility to comply with our organization’s policies and procedures, adhere to our Code of Conduct, complete required compliance training modules, and report any observations of non-compliance.

EEO Statement :

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

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