What are the responsibilities and job description for the Controller - Medical Group position at Palo Verde Cancer Specialists?
Job Type
Full-time
Description
The Controller position at Academic Urology and Urogynecology of Arizona is critical in managing tax, finance, and accounting operations. This role involves producing financial reports, maintaining comprehensive accounting records, and designing controls and budgets to mitigate risk, increase accuracy, drive revenue by maximizing under-utilized resources, and ensure compliance with accounting regulations.
Key Responsibilities :
Daily Accounting Operations - Oversee day-to-day accounting activities while ensuring robust redundancy and backup processes for all critical financial operations in a clinical setting.
Policy Maintenance - Uphold existing accounting policies tailored to the specific needs of a medical practice, ensuring compliance with healthcare regulations and standards.
Closeout Management - Manage and execute detailed month-end, quarter-end, and year-end accounting closeout schedules, ensuring timely and accurate financial reporting.
Technology Integration - Monitor and assess emerging financial technologies to enhance reporting efficiency, enabling the leadership team to make data-driven decisions and prevent leakage.
Forecasting and Reporting - Collaborate in calculating financial forecasts and variances, executing overhead and revenue analyses from budgets, and promptly reporting significant issues to the executive team.
Expense Management - Establish and manage weekly / monthly expense forecasting processes to maintain financial health and operational efficiency.
Accounts Management - Oversee accounts receivable and accounts payable processes, ensuring timely billing and payment cycles essential for practice cash flow.
Banking Relationships - Manage banking relationships, ensuring effective cash management and accounting for clinical expenses. Initiate loan / LOC requests and convey information to shareholders.
Metrics and Analysis - Develop and maintain financial performance metrics to support clinical estimators in budgeting and forecasting initiatives.
General Ledger Analysis - Analyze and reconcile general ledger accounts, investigate discrepancies, and provide corrective actions when necessary.
Insurance Facilitation - Oversee business insurance needs, including General Liability, Workers' Compensation, and Auto policies, as well as managing certificates of insurance (COIs).
Compliance Management - Ensure compliance with necessary tax regulations, permits, and licensing requirements specific to healthcare operations.
Application and Waiver Management - Handle all required payment applications and waiver documentation, maintaining compliance in financial transactions.
Budget Analysis - Summarize budget trends, identify deficiencies, and report variances to the leadership team, fostering a proactive approach to financial management.
Collaboration with Internal / External Teams - Work closely with external accounting firms on tax preparation and strategies to minimize tax liabilities while coordinating with the practice owner. Work with Operations, Billing, and Supply & Logistics Departments to ensure minimize overspending and maximize revenue.
Payroll Management - Manage the payroll process, overseeing compensation and benefits.
Process Improvement - Collaborate with the leadership team to develop and implement more effective financial processes and controls tailored for a healthcare environment.
Additional Responsibilities
Perform any other duties as assigned by Shareholders or the Director of Operations
Requirements
Skills / Qualifications :
10 years of progressively responsible accounting experience, preferably in a healthcare setting.
Master's or Bachelor's Degree in Accounting, Business Administration, or a related field is required.
Certified Public Accountant (CPA) or Certified Management Accountant (CMA) is preferred.
Familiarity in healthcare
Proficient in Microsoft Excel and PowerPoint
Proficient in QuickBooks
This position offers an exciting opportunity to contribute to the financial integrity of Academic Urology and Urogynecology of Arizona, a Division of Palo Verde Hematology Oncology, ensuring fiscal responsibility and promoting an operationally sound practice.
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