The Controller is responsible for performing highly specialized accounting work required to maintain the general ledger. Working under the direction of the Chief Financial Officer, the Controller directs and coordinates the daily activities of the accounting staff to quickly and accurately record the revenues, expenditures, assets, and liabilities of the Valley Emergency Physicians, Inc. and its subsidiaries. The incumbent should be a highly motivated self-starter with supervisory, review, and proofing experience. The incumbent is also responsible for preparing annual financial statements and coordinating the VEP’s annual audit and annual tax preparation.
- Oversees the daily accounting activities required to maintain VEP’s general ledger.
- Supervises, directs, and reviews the work of the accounting staff (including, but not limited to, cash reconciliations, account statement reconciliations, check runs, accounts receivable transactions, fixed asset activity, payroll, accounts payable transactions, debt activity, recording of revenue and expenses, etc.).
- Contributes as a liaison with banking and lending client service managers; ensures compliance with lending covenants, manages periodic audits, and keeps lenders apprised of changes in entities/corporate structure
- Maintains organized set of detailed records and files to document financial transactions.
- Resolves complex accounting issues or assists other VEP personnel in resolving financial issues.
- Manages retirement plan funding and HSA plan funding activities
- Analyzes malpractice IBNR funding and reserves
- Handles all insurance renewal applications including malpractice, workman’s Comp, cyber crime, director & officers and liability coverage.
- Manages out of state withholding taxes for independent contractors
- Reviews general ledger on a monthly basis to ensure accuracy of posting.
- Produces financial reports involving VEP’s accounts for monthly board meetings.
- Coordinates monthly, quarterly, and annual closing activities.
- Calculates annual accruals for posting by team
- Produces annual budget for executive review.
- Prepares quarterly schedules for tax team review to calculate estimated payments
- Manage relationship with CPA firm in ensuring taxes are reported and filed accurately and timely. Handles accounting/tax issue resolution
- Works with the Financial Analytics and Cash manager with the stock plan management including eligibility, purchases, sales, loans and stock price.
- Produces quarterly and annual financial statements and ad hoc financial reports.
- Makes and implements recommendations to improve accounting processes and procedures.
- Mentors and trains team to continually build and develop responsibility and roles
- Performs other duties as assigned or required.
- Acts as administrator for all financial related software
- Strong understanding of Generally Accepted Accounting Principles (GAAP).
- Experience with accounting principles and procedures.
- Ability to develop and establish financial policies and procedures.
- Ability to work independently, with little supervision.
- Ability to effectively direct and supervise.
- Knowledge of operating and capital budget concepts.
- Ability to analyze financial data and to prepare accurate reports in a timely fashion.
- Knowledge of policies and practices associated with payroll and benefits administration.
- Knowledge of personnel policies and procedures.
- Knowledge and ability in the use of a personal computer and software applications (e.g. Microsoft Word, Excel, Access, PowerPoint, etc.).
- Ability to effectively use a modern automated financial management system.
- Strong organizational skills and the ability to maintain detailed records.
- Ability to communicate effectively both written and verbally.
- Ability to work effectively under stressful conditions.
- Ability to exercise initiative and sound judgment and to react with discretion under varying conditions.
- Ability to establish and maintain effective and appropriate relationships with the physicians, AHPs, public, other authorities, agencies, and employees.
Education and Work Experience Requirements:
- A minimum of a Bachelor’s Degree with an emphasis in accounting.
- At least five years of healthcare experience in the area of financial statement preparation, budgeting, payroll, purchasing, accounts payable, and accounts receivable, or the equivalent.
- Experience working with an automated financial management system, preferable Net Suites
Special Certificates and Licenses:
- Certified Public Account (CPA) designation preferable