Controller, Healthcare

Maximize Health

New York (NY)

On-site

USD 125,000 - 140,000

Full time

3 days ago
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Benefits offered by this job

Health insurance
Retirement plan
Paid time off
Paid holidays

Job summary

Maximize Health, a private equity-backed healthcare company serving senior care facilities, seeks a Controller to own day-to-day accounting across the MSO-PC structure, manage close, reconciliations and controls, and collaborate with the CFO and investors.

This role offers exposure to leadership and growth into senior finance leadership, with a hands-on environment requiring deep QuickBooks and revenue cycle experience in healthcare.

Qualifications

  • Bachelor’s degree in Accounting, Finance or a related field.
  • 4+ years of accounting experience, ideally at an RCM company, MSO or healthcare provider. Public accounting, consulting or banking experience with healthcare clients will also be considered
  • Advanced QuickBooks experience
  • Hands-on experience with healthcare insurance billing and revenue cycle (claims, payments, denials, payer reimbursement)
  • Strong command of month-end close, accruals, reconciliations and GAAP financial reporting
  • Advanced Excel skills
  • Sharp, organized and self-directed, and comfortable partnering with leadership
  • Preferred CPA or CPA-track
  • Multi-entity accounting, intercompany reconciliations or consolidations
  • Experience with healthcare clients, physician practices or private equity-backed companies

Responsibilities

  • Manage the general ledger, accounts payable, accounts receivable and payroll processing in QuickBooks
  • Lead the monthly, quarterly and annual close, including bank, credit card and balance sheet reconciliations
  • Prepare financial statements and supporting schedules for the CFO’s review and for reporting to leadership and investors
  • Record and reconcile intercompany transactions, management fees and shared cost allocations under the management services agreement (MSA)
  • Prepare entity-level and consolidated financial statements, and tie them monthly across every entity
  • Support the financial separation and documentation the MSO-PC structure requires, including written intercompany agreements
  • Partner with billing to reconcile insurance payments, track AR aging, collections, denials and payer reimbursement, and record revenue accurately
  • Monitor daily cash position and support cash flow forecasting
  • Support budgeting and forecasting, including budget vs. actual and variance analysis
  • Prepare provider, location and service line reporting to support profitability analysis
  • Maintain and strengthen internal controls, accounting policies and procedures
  • Coordinate with external accountants, auditors and tax preparers, and prepare audit and tax schedules
  • Work with bookkeeping and billing staff to keep records accurate and on time
  • Improve accounting systems, workflows and reporting as the organization grows

Skills

Advanced QuickBooks experience
Advanced Excel skills
Healthcare revenue cycle experience
GAAP financial reporting
Month-end close expertise
Accounting

Education

Bachelor’s degree in Accounting, Finance or related field

Tools

QuickBooks
Excel

Job description

Position Title: Controller, Healthcare
Reports To: Chief Financial Officer
Employment Type: Full-Time
Location: Brooklyn, NY (onsite, five days a week)
Salary Range: $125,000 to $140,000, plus annual bonus

WHY JOIN US

Maximize Health is a private equity-backed healthcare company serving senior care facilities. As our Controller, you will work directly with the Chief Financial Officer (CFO) and own the day-to-day accounting: the close, the reconciliations and the controls. This is a high-visibility seat in a growing company, with direct exposure to leadership and investors, and a chance to build processes the business will run on for years. For someone who delivers, there is room to grow into a senior finance leadership role as the company grows.

POSITION OVERVIEW

Maximize Health operates under an MSO-PC (management services organization and professional corporation) structure. The Controller runs day-to-day accounting across the management company and its affiliated professional corporations. We are looking for a hands-on accountant with healthcare revenue cycle experience, ideally from an RCM company, MSO or healthcare provider, or from advising healthcare clients at a bank, accounting firm or consulting firm. The ideal candidate has strong QuickBooks skills, learns quickly and takes ownership of the numbers.

KEY RESPONSIBILITIES
Accounting & Close
  • Manage the general ledger, accounts payable, accounts receivable and payroll processing in QuickBooks
  • Lead the monthly, quarterly and annual close, including bank, credit card and balance sheet reconciliations
  • Prepare financial statements and supporting schedules for the CFO’s review and for reporting to leadership and investors
Multi-Entity (MSO-PC)
  • Record and reconcile intercompany transactions, management fees and shared cost allocations under the management services agreement (MSA)
  • Prepare entity-level and consolidated financial statements, and tie them monthly across every entity
  • Support the financial separation and documentation the MSO-PC structure requires, including written intercompany agreements
Revenue & Cash
  • Partner with billing to reconcile insurance payments, track AR aging, collections, denials and payer reimbursement, and record revenue accurately
  • Monitor daily cash position and support cash flow forecasting
  • Support budgeting and forecasting, including budget vs. actual and variance analysis
  • Prepare provider, location and service line reporting to support profitability analysis
Controls & Team
  • Maintain and strengthen internal controls, accounting policies and procedures
  • Coordinate with external accountants, auditors and tax preparers, and prepare audit and tax schedules
  • Work with bookkeeping and billing staff to keep records accurate and on time
  • Improve accounting systems, workflows and reporting as the organization grows
FIRST YEAR OUTCOMES

In the first twelve months, success looks like:

  • The monthly close delivered on a published calendar, every month
  • The books tying monthly across the management company and every affiliated professional corporation
  • Facility-level profit and loss reporting produced as a matter of course
  • Days to bill and aged receivables reduced against targets set with the CFO
  • Every intercompany arrangement documented in writing
  • Audit-ready financials and supporting schedules
QUALIFICATIONS
  • Bachelor’s degree in Accounting, Finance or a related field
  • 4+ years of accounting experience, ideally at an RCM company, MSO or healthcare provider. Public accounting, consulting or banking experience with healthcare clients will also be considered
  • Advanced QuickBooks experience
  • Hands-on experience with healthcare insurance billing and revenue cycle (claims, payments, denials, payer reimbursement)
  • Strong command of month-end close, accruals, reconciliations and GAAP financial reporting
  • Advanced Excel skills
  • Sharp, organized and self-directed, and comfortable partnering with leadership
Preferred
  • Experience at an RCM company or MSO
  • Certified Public Accountant (CPA) or CPA track
  • Multi-entity accounting, intercompany reconciliations or consolidations
  • Experience with healthcare clients, physician practices or private equity-backed companies
BENEFITS

Competitive salary, health insurance, retirement investment opportunity, paid time off and paid holidays.

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