What are the responsibilities and job description for the Accounting Controller position at MyCare Health Center?
GENERAL DESCRIPTION:
The Controller is a dedicated, detail-oriented, and proactive professional who will collaborate closely with the Chief Financial Officer to drive financial excellence within our nonprofit organization. The Controller will report to the CFO and work closely alongside other members of the Finance Department and MyCare administrative team. This role is essential for ensuring management of MyCare’s cashflow in a precise and effective manner. They will perform finance and accounting reconciliations and provide transactional support. Other duties such as reporting, filing, and customer service may be required. This role will be a key participant in the monthly/annual closing processes and preparation for the annual financial audit and other regulatory reporting. The Controller directly supervises the Revenue Cycle Manager and the Accountant.
SPECIFIC DUTIES:
- Oversees the daily financial operations of the organization monitoring cashflow, including revenue and expenditures.
- Directs and monitors the posting and reporting of revenue, ensuring accuracy and providing analyses for process improvement.
- Provides oversight and supervision of the Revenue Cycle Manager ensuring effective operations of MyCare’s billing department.
- Directs and approves the process for general accounting associated with patient revenue, sliding fee, bad debt write-off, contractual write-off third party reimbursement.
- Collaborates with the CFO and Revenue Cycle Manager in analysis and review of revenue impacting factors.
- Directly supervises the Accountant, providing guidance and oversight of accounting and general ledger management.
- Oversee and manage accounts payable process, including but not limited to payable entry, ACH, direct payment, and hard check processing for vendor payables.
- Prepare monthly bank statement reconciliations.
- Prepare monthly credit card statement reconciliations.
- Review and post accountant’s deposit journal entries.
- Review and post accountant’s accounts payable invoice entries.
- Post bi-weekly payroll entries into the General Ledger.
- Provide guidance and feedback to Accountant on deposit and invoice coding based on pre-posting reviews.
- Review new vendor applications and enter into accounting software after approval.
- Review accountant reconciliations of prepaid accounts quarterly and recommend allocation changes as appropriate.
- Participate in the preparation of financial reports including end of month and end of year tax reporting and closing procedures.
- Maintain Fixed Assets and Depreciation Schedule.
- Provide grant expense reports to CFO for use in drawing grant funds.
- Collect and prepare data and reports as needed for the annual audit processes.
- Compile statistical, financial, accounting or auditing reports and tables as requested.
- Assist CFO with periodic reporting such as UDS, grant reports, grant applications, Medicaid settlements, Medicare cost reporting, etc.
- Ensure compliance with all company policies and procedures.
- Verify the integrity of data through approved methods of cross checking.
- Assist with other projects as assigned.
KNOWLEDGE, SKILLS AND ABILITIES:
- Possess a detailed understanding of accounting terms, transactions, and theories.
- Demonstrated ability to effectively use Excel and other Microsoft Office products for data analysis, report creation, and information communication.
- Comfortable utilization of electronic forms of communication and storage and possess the ability to adapt to other financial and practice management software.
- Must be comfortable working independently and possess high executive functioning skills.
- Must possess a high attention to detail, with an emphasis on accuracy.
- Must be self-motivated and able to work with minimal supervision.
- Must possess the ability to keep work highly confidential and to adhere to HIPAA requirements.
MINIMUM QUALIFICATIONS:
- Passion for the agency’s mission, vision, and goals.
- Bachelors’ Degree in Accounting or Finance preferred.
- 7 years of relevant work experience with increasing responsibility.
- Experience in a medical finance environment preferred.
- CPR Certification offered; not required.
MyCare Health Center is an Equal Opportunity Employer. Applicants will be considered for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other characteristics protected by applicable law ,.
