Controller, Finance & Banking, Financial Manager

Overview

Are you ready to take the next step in your professional journey? Minnesota Oncology is a physician-owned practice dedicated to providing exceptional care to our patients. We believe that our people are our greatest asset, and we are committed to fostering a diverse and inclusive workplace where everyone can thrive. We are constantly on the lookout for talented individuals who are passionate, driven, and eager to make a difference.

We offer a competitive benefits package that includes -

• Medical
• Dental
• Vision
• Life Insurance
• 4 weeks Paid Time Off (PTO) year 1
• Free Short-term and Long-term Disability Coverage
• 401k plan with company contribution
• Wellness program that rewards you practicing a healthy lifestyle
• Tuition Reimbursement
• Employee Assistance Program and Discount Program to some of your favorite retailers
• Free Parking
• Career Growth and Development
• Supportive Team and Resources

Serves as the practice's day-to-day financial expert; partners with other members of executive leadership and physician owners to develop long-term financial plans and budgets.

Advises upline management and physician owners regarding the practice management financial programs in a multisite, single market location. Assists in determining financial goals for the various operating units, analyzing and 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.

• Develops systems andmonitorscompliance 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 debtand denials)
• Responsible for reporting detailed financial information to Executive Director and physician leadership; presents financials at physician meetings and board meetings.
• Supervises one Accounting Manager, one staff Accountant, and one Financial Analyst.
• Overseesmonthend accounting process.
• Liaison between McKesson Specialty Health andfieldfor process implementation and control.
• Provides support to department managers, practiceadministrationand physicians in the preparation, understanding and use of financial information andassiststhe organization toward its goal of improving cost effectiveness of health care delivery.
• Participates indevelopmentof practice objectives.
• Ensures information systems capture financial information required by third party payers, practice management, physicians, company andrequiredexternal sources (Insurance, SEC, etc.)
• Ensures that fiscal deadlines aremetandappropriate datais provided.
• Establishes andmonitorsinternal controls of assets/resources, including developing and writing financial policies and procedures.
• Supervises businessofficein developing and implementing proceduresrelativeto patient accounts and reimbursements by patient, insurance and other third party payers.
• Participates in the selection and implementation of computer software.
• Directs practice and site cost accounting,budgeting and special projects.
• Develops annual budget and coordinates and implements budgets for all operating units.
• Develops budget instructions,assists managers with budget preparation, ensures compliance with presentation deadlines and reviews reasonableness of final budget goals.
• Oversees operating, capital and cash flow budgets andassistspractice management in exercising control to ensure expenditures do not exceed budgetary limits and are in compliance with Management Service Agreement and all related agreements.
• Reviewsproposedcontracts for financial impactand risk factors. Audits some contracts,ordersand vouchers before processing.
• Coordinatesexternalauditsas necessary. Coordinates some activities in keeping books and records,…