Finance & Accounting Jobs in Sacramento, CA (Now Hiring) — 555 open — Page 5

Remote, Nationwide – Seeking Controller

Everybody Has A Role To Play In Transforming Healthcare

At Vituity you are part of a larger team that is driven by our purpose to improve lives. We are dedicated to transforming healthcare through our culture by working together to tackle healthcare’s most pressing challenges from the inside.

Join the Vituity Team. At Vituity we’ve cultivated an environment where passion thrives, and success comes through shared purpose. We were founded in a culture that values team accomplishments more than individual achievements, an approach we call “culture of brilliance.” Together, we leverage our strengths and experiences to make a positive impact in our local communities. We foster this through shared goals and helping our colleagues succeed, and we also understand the importance of recognition, taking the time to show appreciation and gratitude for a job well done.

Vituity Locations: Vituity has opportunities at 900 practices across the country, serving 14.5+ million patients a year. With Vituity, if you ever need to move, you can take your job with you.

The Opportunity

• Implement, document and maintain adequate and effective internal controls to safeguard enterprise assets
• Implement, document and maintain adequate and effective processes to improve the close and reporting cycles to ensure timely and accurate reporting
• Assure that all accounting is done in accordance with GAAP including evaluation of stipend and patient accounts receivable, evaluation of payroll and other liabilities, and maintenance of ownership equity
• Generate GAAP basis entity financial statements and departmental and practice related income statements and balance sheets
• Convert GAAP basis medical group income statement and balance sheets to cash basis for cash basis income distributions and for tax return preparation
• Present Financial information to CFO, Finance Leaders, Audit committee, Board of Directors and C-Suite.
• Annually determine both the cash basis and accrual basis net income of the Medical Groups to facilitate the calculation of the profit distribution percents and provide information to allocate all the profits to the individual partners
• Monitors and confirms financial condition by conducting audits and providing information to external auditors.
• Prepares special reports by collecting, analyzing, and summarizing information and trends.
• Assures that supporting documentation is maintained for all balance sheet natural accounts and reconciliations are completed timely
• Review monthly accounting close process including analytical review of the monthly operating results to ensure accurate accounting records are maintained
• Review of expenses incurred on behalf of multiple entities such as software (MRI) costs, accounting services, analytical services, and assures the appropriate controls are in place to correctly allocate the expense to entities and departments.
• Facilitate the annual “soft -landing” for cash basis financial statements including determination of the cash basis profit distribution percent and analysis of Qualified earnings.
• Reviews and approved total qualified earnings is calculated correctly based on the partnership agreements and board policy.
• Review all corporate and partnership tax returns prepared by our Tax advisor (as of 2020: 22 Federal and state Partnership returns, 16 corporate federal and 26 Corporate state returns)
• Develop tax strategy with tax advisor and present to CFO at least annually
• Provide information for and understand composite tax filing for partnerships
• Review and understand all state and local tax
• Understand tax compliance for each state and work with Tax advisor to create state specific tax strategies
• Complies with federal, state, and local legal requirements by studying existing and new legislation, anticipating future legislation, enforcing adherence to requirements, filing financial reports, and advising management on needed actions.
• Reviews and analyzes financial information needed to complete corporate and partnership tax returns
• Reviews all internally generated corporate and partnership tax returns (13 entities both state and federal)
• Reviews and approves the annual engagement letter for all tax returns (2020 budget is approximately $370,000)
• Assure timely, accurate compliant bi-weekly payroll for partners (monthly), advance providers, on site employees and office employees
• Approve payroll related policies and procedures
• Recommends insurance strategy at least annually related to Cyber, Workers Compensation, General Liability, Malpractice and EPL. Recommends purchasing commercial insurance or self-insuring.
• Evaluates potential liabilities and assures proper reserves are reported on financial statements
• Performs high level analytical review procedures on gross to net payroll
• Assures that billing fees charged to the practices are properly reconciled to billing fees paid to billing agents
• Assures that malpractice charged to the practices are properly reconciled to malpractice paid to insurance companies
• Reviews and approved the master lease file and assures compliance with GAAP reporting
• Reviews and approves allocations of our self-insurance workers compensation plan.
• Assures that the Accounting and Payroll departments goals are aligned with the enterprise’s strategic plan
• Mentor, guides and develops staff to achieve their career aspirations
• Evaluates staff’s performance and develops career tracks
• Approves hiring and terminations for entire department
• Presents case for salary increases to C-Suite
• Reviews and approved related staff compensation policies and procedures
• Determines vision and direction of resource allocation for accounting and payroll

Required Experience and Competencies

• 15+ years of related accounting experience required.
• 5+ years of financial accounting management experience required.
• 5+ years of HealthCare experience required.
• Bachelor’s Degree in Business, accounting, economics or a related area required.
• CPA or CMA required.
• Completing cash- and accrual-basis financial statements for Partnerships preferred.
• Solid understanding of US tax code preferred.
• Big 4 or mid-level accounting experience preferred.
• MBA preferred.
• Knowledge of US GAAP.
• Knowledge of US tax code related to partnership and corporate tax.
• Knowledge of US auditing standards.
• Knowledge of the Vituity policies and procedures and regulatory requirements relating to general compensation.
• Knowledge of the concepts, standards, and methods for auditing compliance.
• Ability to express ideas and convey information effectively in verbal and written communications.
• Ability to keep abreast of new/current laws, regulations and common/emerging practices.
• Ability to develop and deliver effective presentations to varying groups and sizes.
• Ability to maintain flexibility, cooperation and participate in cross-organizational performance improvement activities.
• Ability to use office equipment and automated systems/applications/software at an acceptable level of proficiency.
• Ability to establish and maintain effective working relationships as required by the duties of the position.
• Ability to read, understand, and communicate in English enough to perform the duties of the position.
• Ability to evaluate and convey information in legible reports to Finance and Executive groups.
• Knowledge of applicable Federal, State, and local laws, regulations, and/or statutes.
• Intermediate to advanced MS Excel, Word, PowerPoint, and Outlook skills.
• Strong consultation skills and the ability to seek out information and provide quality advice.
• Knowledge of insurance: workers' compensation, cyber, malpractice, general liability.

The Community

Even when you are working remotely, you are an important part of the Vituity Community. We offer plenty of opportunities to engage with other Vitans through a variety of virtual meet-and-greets, events and seminars.

• Monthly wellness events and programs such as yoga, HIIT classes, and more
• Trainings to help support and advance your professional growth
• Team building activities such as virtual scavenger hunts and holiday celebrations
• Flexible work hours
• Opportunities to attend Vituity community events including LGBTQ+ History, Día de los Muertos Celebration, Money Management/Money Relationship, and more

Benefits & Beyond

Vituity cares about the whole you. With our comprehensive compensation and benefits package, we are mindful of what matters most, and support your needs of today and your plans for the future.

• Superior health plan options
• Dental, Vision, HSA/FSA, Life and AD&D coverage, and more
• Top Tier 401(k) retirement savings plans that offers a $1.20 match for every dollar up to 6% plus discretionary profit-sharing contributions (eligible January following 18 months of service)
• Generous paid time off starting 3-4 weeks’ annually
• Student Loan Refinancing Discounts
• Professional and Career Development Program
• EAP and travel assistance included
• Wellness program
• Purpose-driven culture focused on improving the lives of our patients, communities, and employees

We are excited to share the base salary range for this position is $178,890 - $232,555, exclusive of fringe benefits or potential bonuses. This position is also eligible to participate in our annual corporate Success Sharing bonus program, which is based on the company’s annual performance. If you are hired at Vituity, your final base salary compensation will be determined based on factors such as skills, education, and/or experience. We believe in the importance of pay equity and consider internal equity of our current team members as a part of any final offer. Please speak with a recruiter for more details.

We are unified around the common purpose of transforming healthcare to improve lives and we believe everyone has a role to play in that. When we work together across sites and specialties as an integrated healthcare team, we exceed the expectations of our patients and the hospitals and clinics we work in. If you are looking to make a difference, from clinical to corporate, Vituity is the place to do it. Come grow with us.

Vituity does not discriminate against any person on the basis of race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information (including family medical history), veteran status, marital status, pregnancy or related condition, or any other basis protected by law. Vituity is committed to complying with all applicable national, state and local laws pertaining to nondiscrimination and equal opportunity.

Benefits for part-time and per diem vary. Please speak to a recruiter for more information.

Applicants only. No agencies please.