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Practice Controller
1 month ago
Why Join Us?
For us, what matters most is excellence. We are caring professionals, people who live, work and dedicate themselves to the communities of Central New Jersey. As such, we strive to provide a sanctuary of excellence, precision, thoroughness and genuine compassion. We also take a whole-person approach to patient care and treatment, tailoring all that we do around their unique needs. And we do all we can for patients, going the extra mile to see that they're supported, informed and getting the one-on-one care and service they deserve.
Job Description:
The Practice Controller provides accounting and finance support for Titan Healthcare Partners (OneOncology affiliated medical practice)Working closely with OneOncology's VP Finance & Corporate Controller this position is responsible for monitoring the practice's financial performance and ensuring compliance with corporate policies and procedures. The Practice Controller will have a proven record of leading an accounting team through growth, change, plans, organizes, directs, and control functions in this geographic area and reports operations results.
Key Responsibilities
- Financial Strategy: Develop and implement financial strategies that align with the company's overall objectives, ensuring sustainable growth and financial stability.
- Budgeting and Forecasting: Lead the budgeting and forecasting process, working with department heads to establish budgetary guidelines and monitor performance against the budget.
- Financial Reporting: Prepare and present accurate and timely financial reports to the executive team, board of directors, and external stakeholders, summarizing key financial metrics, risks, and opportunities.
- Cash Flow Management: Manage cash flow and liquidity, making recommendations for investments, financing options, and capital allocation.
- Team Leadership: Build and lead a high-performing finance team, fostering professional growth and development.
- Mergers and Acquisitions: Collaborate with senior leadership in evaluating potential mergers, acquisitions, or other strategic financial initiatives.
- Business Development: Responsible for Business Plans and related pro formas for new services, programs or sites.
- Contract Management: Manage and oversee financial aspects of contracts and partnerships, including negotiations and compliance.
- Financial Liaison: Acts as a financial interface with physician and executive leadership between physician practice and MSO partner of practice.
- Physician Compensation: Establishes/maintains a physician management system including physician compensation, and benefits administration.
- Bachelor's degree in Finance, Accounting, or related field
- CPA
- Proven experience as a financial leader in the healthcare industry, with a strong track record of success in senior finance roles.
- Extensive knowledge of healthcare finance, including reimbursement methodologies, regulatory compliance, and third-party payer relations.
- Strong analytical and problem-solving skills, with the ability to make strategic financial decisions.
- Excellent communication and interpersonal skills, with the ability to convey complex financial concepts to non-finance stakeholders.
- Experience with financial systems and tools (e.g., ERP, financial modeling, data analytics).
- Strong leadership and team management skills.
- Knowledge of relevant healthcare regulations and compliance standards.