Position Description
Advises Practice physicians and Senior Leaders on the practice management financial programs in a multi-site location. Assists in determining financial goals for the various operating units, analyzing reporting variances and maintaining general ledger and related systems for accounts receivable, accounts payable, and payroll. Develops management reports, coordinates, and monitors financial budgets and ensures financial reporting is in accordance with generally accepted accounting principles. Assists in the onboarding of new practices, controllers, or other finance professionals as they enter the Network. Supports and adheres to the US Oncology Compliance Program, to include the Code of Ethics and Business Standards. Performs ad hoc projects as required across the M&A, FP&A, Financial Operations, and the Accounting team.
Key Responsibilities
- Develops systems and monitors compliance with the various company / practice agreements, including the Management Services Agreement with the practices and all related agreements
- Ensure practice is compliant with all established accounting and revenue cycle policies / procedures and internal controls
- Oversight of revenue cycle and reconciliation of key accounts (AR, cash clearing, credit balances, reserves for contractual, bad debt and denials).
- Responsible for reporting detailed financial information to Practice Executive Director and physician leadership.
- Present financials at physician meetings and board meetings
- Lead and execute month end accounting processes and responsibilities
- Liaison between Mckesson and field for process implementation and control
- Oversee practice specific finance team on an interim period
- Provides support to department managers, practice administration and physicians in the preparation, understanding, and use of financial information and assists the organization toward its goal of improving cost-effectiveness of health care delivery
- Participates in development of practice objectives
- Ensures information systems capture financial information required by third party payers, practice management, physicians, company and required external sources (insurance, SEC, etc.)
- Ensures that fiscal deadlines are met and appropriate data is provided
- Establishes and monitors internal controls of assets / resources, including development and writing financial policies and procedures
- Supervises business office in developing and implementing procedures relative to patient accounts and reimbursements by patient, insurance, and other third-party payers
- Directs practice and site cost accounting, budgeting, and special projects
- Develops and coordinates annual budget and ensures compliance with presentation deadlines
- Oversees operating, capital, and cash flow budgets
- Coordinates payroll functions and related reporting
- Ensures proper receiving, deposition, and disbursement of funds and manages cash flow
- Supervises assigned accounting and accounting support staff
- Assist in integrating new practices to The Network
- Perform ad hoc projects as required across the M&A, FP&A, Financial Operations, and Accounting team
Minimum Requirement
Degree or equivalent experience. Typically requires 9+ years of professional experience and 1+ years of supervisory and / or management experience.
Critical Needs
Strong accounting backgroundMust be able to successfully collaborate with key stakeholders across functional areasMust be a problem solver, persistent, and goal oriented.Self-starting multi-tasker, with strong organization skills. Strong analytical / quantitative skills. Strong customer service and presentation skills.9+ years-experience in Financial Analysis, Valuations, Controllership, or similar rolesAdditional Knowledge and Skills
Ability to communicate effectively with senior managementMS Office Excel, Word, PowerPointCustomer-facing skillsPreferred
Bachelor's degree in Accounting, Finance, or similar fieldMaster's degree and / or CPA preferredPublic accounting and healthcare experience is preferredSalary : 108,700.00 - 144,900.00 - 181,100.00 USD Annual (Target 145K with 20% MIP)
Travel
25% travel that could fluctuate up or down pending practice needs
We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please
Our Base Pay Range for this position
108,700 - $181,100