Director - Joint Venture Accounting

EyeCare Partners; St. Louis (MO); Hybrid; USD 120,000 - 160,000; Full time

Job summary

EyeCare Partners is seeking a Joint Venture Accounting Director to lead the JV accounting function and act as the in-house expert on joint venture matters. This senior role partners with the Ophthalmology Financial Operations team and interacts with JV partners regarding cash distributions. The role requires proactive leadership and cross-department liaison abilities.

The position is based in St. Louis with a hybrid work arrangement.

Qualifications

• Extensive knowledge of US GAAP.
• Proven analytical and problem-solving abilities.
• Detail-oriented with accuracy in financial statements.
• Strong organizational and time-management skills.
• Knowledge of HIPAA guidelines.

Responsibilities

• Develop a monthly financial statement package for JV partners.
• Coordinate and lead all quarterly partner meetings.
• Coordinate with Business Development on annual JV valuations.
• Point of contact for JV partners for financial guidance; assist with distributions and annual partnership returns.
• Develop and document policies for JV accounting; ensure SAP configurations are correct.
• Educate and train organization on JV accounting requirements; manage JV term changes with Legal Department; oversee JV budget and assist with audits.

Skills

US GAAP

Analytical skills

Attention to detail

Time management

HIPAA awareness

Education

4-6+ years accounting experience

2-4 years public accounting

Tools

Excel

Power BI

SAP

Job description

EyeCare Partners is the nation’s leading provider of clinically integrated eye care. Our national network of over 300 ophthalmologists and 700 optometrists provides a lifetime of care to our patients with a mission to enhance vision, advance eye care and improve lives. Based in St. Louis, Missouri, over 650 ECP-affiliated practice locations provide care in 18 states and 80 markets, providing services that span the eye care continuum. For more information, visitwww.eyecare-partners.com.

SUMMARY

EyeCare Partners is currently seeking a Joint Venture Accounting Director to be a trusted member of the EyeCare Partners team. This role is a critical leadership role responsible for overseeing the company’s joint venture accounting functions, ensuring financials are prepared accurately and timely. All ECP joint ventures are part its ophthalmology segment, and as such this role will have a strong collaborative relationship with the Ophthalmology Financial Operations team. In addition, this role communicates with each partner on a routine basis regarding cash distributions. This individual will serve as the in-house expert on joint venture accounting matters, providing guidance and leading implementation of policy and procedure for these partnerships. This role requires a proactive leader with exceptional communication skills and an ability to liaise across departments and with ECP physician partners.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Develop a monthly financial statement package for joint venture (JV) partners
• Coordinate, schedule and lead all quarterly partner meetings
• Coordinate with Business Development team on annual JV valuations
• Point of contact for all JV partners for financial guidance
• Reviews and obtains partner approvals for all distributions
• Partner with Tax Department for annual partnership returns, assisting with delivery to JV partners and being point of contact for questions
• Assist in development and documentation of policies and procedures of JV accounting
• Ensure SAP configurations are correct for all JV entities
• Educate and train organization on unique requirements for JVs
• Maintains the JV matrix of all key terms of agreements, owns a repository of all JV documents
• Reviews all changes to terms of agreements prior to their finalization with Legal Department
• Communicates across departments regarding changes in partners or terms of agreements
• Manages the JV budget to ensure appropriate considerations for multi-location set up
• Assists OPH ASC financial lead with any forecasting needs
• Assists with external audit requests, as needed
• Communicates early and often with OPH Division CFO on JV results or changes

QUALIFICATIONS

• Extensive knowledge of US GAAP
• Strong analytical and problem-solving skills and sound judgment. Takes initiative to streamline and drive process improvement
• Detailed-oriented with both the ambition and willingness to dive into the details to ensure completeness/accuracy of the financial statements
• Strong organizational and time management skills/ability to continually prioritize workload and respond to top priorities with a sense of urgency
• Knowledge of state and federal regulations and general understanding of HIPAA guidelines

EDUCATION AND/OR EXPERIENCE

• 4-6+ years’ experience in an accounting role with some management experience
• 2-4 years’ experience in public accounting or working in a finance role within a public company

SYSTEMS AND TECHNOLOGY

• Intermediate to Advanced skills in Microsoft Excel, Power BI, and SAP Accounting Software

LOCATION

• This position is located in St Louis, Missouri and offers a hybrid work schedule. Candidates living in Alabama, Arizona, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, Missouri, New Jersey, N. Carolina, Ohio, Oklahoma, Pennsylvania, Texas and Virginia may also be considered for remote work.
• For remote team members, HIPAA compliant home office environment. Ability to work in a remote environment while performing required duties and remaining patient focused. Able to work varying shifts including early mornings/evenings to attend meetings and cross training or support other initiatives

EyeCare Partners is an equal opportunity/affirmative action employer. All applicants will be considered foremploymentwithout attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.