The Vice President - Practice Controller is responsible for leading a large, dynamic accounting team through growth, change, acquisitions and integrations. This position is responsible for the majority of our partner practices’ accounting and financial reporting functions, which includes working through accounting, operational and strategic opportunities and issues. The Vice President - Practice Controller is responsible for overseeing the month-end close process of our individual partner practice’s accrual basis financial statements, management and continued build out of the practice accounting team, and relationship development and management with our partner practices. The individual will also work with two other divisional controllers who oversee accounting for our owned urology/oncology/radiation practices to develop standardized and automated solutions across the entire OneOncology platform.
Due to the large number of affiliated platform practices – all of whom retain authority over their own practices – and the large practice accounting teams serving more than 30 practices, the Vice President - Practice Controller, must possess strong business and accounting skills as well as very strong relational and communication skills. This position is a highly active, practice-facing position interacting with a broad group of individuals both internally and externally.
Responsibilities
Serves as the primary practice facing accounting leader to the individual affiliated oncology practices
Manage the overall practice accounting team, currently consisting of over 75 accounting professionals including several Sr. Director/Director level direct reports who are responsible for revenue recognition/recording, accounts receivable, accounts payable, prepaids, fixed assets, and other general GAAP income statement and balance sheet accounting
Lead the monthly practice accounting close process, including close coordination, collaboration with Corporate Accounting (which is responsible for overall OneOncology financial reporting) and financial reporting for each practice in accordance with tight close timelines for our parent company
Serve as a primary and trusted advisor to the Chief Financial Officer as we set priorities, develop talent and serve the practices
Grow and develop the practice accounting team. Evaluate staff, responsibilities and individuals for appropriate performance, skills, potential for improvement, growth and promotions
Work closely with the operations team to deliver financial results and operational insights to the business via monthly operating reviews and other practice meetings
Work closely with the OneOncology Corporate and Fin Ops teams to understand and communicate practice operational and financial trends to help make strategic decisions and develop financial forecasts
Work closely with the Business Development/Strategic Finance team to understand future practice affiliations and integration timelines
Coordinate new practice integrations with dedicated finance and operational integrations teams
Serve as a key business partner throughout the Company, working closely with members of the Executive Team, FP&A, Strategic Finance, Business Development, and other departments as needed
Develop, coordinate, communicate and enforce financial reporting policies, procedures and controls at the practice level
Ensure balance sheet account reconciliations are completed and reviewed timely for accuracy and completeness
Develop standardization and automation improvements to the existing accounting processes working with the other finance and accounting leaders including a dedicated Sr. Director of Standardization, Integrations and Financial Systems.
Regularly evaluate and enhance financial and operational process changes to improve efficiency and scalability
Participate in the continued optimization of the Company’s ERP system (Workday) via workgroups and oversee ERP integrations on new partner practices
Coordinate accounting research and technical accounting conclusions on complex accounting issues with Corporate Accounting
Support Strategic Finance, Business Development, and FP&A on acquisition evaluation and lead acquisition accounting
In conjunction with Corporate Accounting, Treasury, and Accounting Operations teams, lead new partnership practice accounting processes including opening balance sheet assessments
Ensure timely completion of significant accounting processes, such as Due To/From (DTDF) with our partner practices and oversee annual audit information with each practice leader
Additional responsibilities as assigned to help drive our mission of improving the lives of everyone living with cancer.
Required or Preferred Qualifications
Minimum 15 years of accounting leadership experience in a public accounting or corporate accounting environment that demonstrates a commanding knowledge in accounting – some level of healthcare experience strongly preferred, but not required
Prior experience leading large teams of accounting professionals in multi-layered teams
Prior experience within a Big Four or large regional accounting firm strongly preferred
Proven knowledge of GAAP, FASB, and SEC regulations
Knowledge of internal accounting controls, industry practices (healthcare specific preferred) and the ability to research and document complex accounting and financial topics
Proficiency in Microsoft Office, with advanced skills in Excel, Word and Powerpoint. Workday experience a plus
Bachelor's or Master’s degree in Accounting required
Active CPA license strongly preferred but not required
Travel flexibility (average travel ~ once per month)
Accounting executive expectations - willingness and ability to engage with practices and internal teams on nights and weekends as needed
Position located in Nashville and will be 5 days per week in the office
Essential Competencies
Display a detail-oriented and organized approach to daily activities and a self-starter attitude
Prior proven ability to lead a large group of accounting professionals consisting of multiple layers of leadership, including development of goals and targets, holding the team accountable for achievement of those goals and targets and challenging team members to reach their full potential
Strong technical US GAAP accounting skills with prior experience applying accounting judgments to complex accounting issues (keeping in mind the Company has a Corporate Accounting Team who lead the technical accounting functions)
Must possess a client service mentality understanding that our primary purpose is the success of our practices
Must enjoy communicating and working with physicians and their individual practice personnel. Must be comfortable building relationships with non financial leaders.
Ability to delegate to lieutenants, but remain informed at a detailed level to address individual practice concerns and help practice accounting leaders make good judgments
High growth nature of OneOncology means the practice accounting team will be constantly hiring new practice accountants – this leader must be comfortable operating in a constantly growing and hiring environment with the ability to discern accounting talent and invest in/develop future leaders
Ability to work in a cross-functional team environment and lead cross-functional initiatives, while also building strong partner and interdepartmental relationships
Capacity to convey complex accounting concepts to non-financial individuals, such as physicians/practice administrators
Ability to deliver both favorable and unfavorable financial impacts to leaders, including practice leaders and physicians
Strong analytical and problem-solving abilities and knowing “when” to loop in subject matter experts for assistance and review
Ability to effectively motivate others, works with a sense of urgency, and prioritizes tasks
Demonstrate strong interpersonal, communication, analytical, and problem-solving skills
Ability to work independently in a fast-paced environment
Demonstrate “Situational Analysis” – ability to maintain constant awareness of factors that may impact our relationship with our partner practices
Strong prioritization skills to help the practice accounting leaders sort through the many different practice and corporate requests
Attendance is an essential job function.
This job description does not contain a full listing of activities, duties or responsibilities required of this role. Duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice.
