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Chief Accounting Officer, Atlanta, Resurgens Orthopaedics

Published 2022-07-02
Expires 2022-08-02
ID #1070374574
Free
Chief Accounting Officer, Atlanta, Resurgens Orthopaedics
United States, Georgia, Atlanta,
Published July 2, 2022

Job details:

Job type: Full time
Contract type: Permanent
Salary type: Per annum
Occupation: Chief accounting officer


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Description

Description CHIEF ACCOUNTING OFFICER Target candidate –15 years experience, preferably Big 4 private or public industry experience (healthcare preferred but not necessary), PE backed company experience a plus, someone very driven looking to roll up their sleeves and help build out a team. Technical accounting minded and strong understanding of internal controls, growth mindset, take ownership and step in and put processes in place JOB DESCRIPTION: The Chief Accounting Officer (CAO) is a new role leading the Company’s corporate and practice accounting functions. The position will report directly to the Chief Financial Officer, will lead a team of professionals in a fast-growing private equity-backed company and will need to grow that team significantly as the Company grows. The CAO will have significant exposure to our private equity sponsor, the Board, all members of the executive team and all of our practice leadership. This will be a very high profile position within the Company. The CAO will have responsibility for the following functions: Internal and External Financial Reporting Integration of Partner Practices Corporate/Technical Accounting Accounts Payable Outsourced Tax Functions Payroll Practice Accounting Treasury Accounting and Financial Systems External Audit Coordination The Company has experienced and will continue to experience high growth. Our staffing as well as processes/systems are not yet developed nor optimized. The CAO will be responsible for building out strong teams, effectively structuring and constantly adapting the accounting organization, developing processes to ensure proper/timely accounting, and developing strong working relationships with our partner practice leadership. This individual will be based in Atlanta (Sandy Springs) and have direct daily interaction with the Chief Financial Officer, other executives and practice leadership. Therefore, the individual must be skilled at communication with all constituents including C-Suite executives, Board members / investors, corporate leaders and business partners at all levels. Additionally, this individual will be expected to build a high performing team with a proactive, customer service mindset inside a growing, dynamic environment. The CAO and his/her team will provide critical information for practice management, operations, research, and baseline data for projections and forecasts. Reporting will include both internal and external constituencies such as banking/credit, debt, tax, and regulatory reporting as well as for internal and external public audits. Current financial applications will be refined, standardized, and extended to all subsidiaries not currently using such applications. The CAO will ensure compliance of accounting and reporting in accordance with GAAP, FASB, and regulatory requirements as well as implement a strong framework of internal controls across the organization. Responsibilities: Develop strong working and collaborative relationships with our partner practice leadership to both assist the practices as well as hold them accountable for proper accounting processes/financial reporting Oversee and provide leadership to what is expected to be, initially, a disaggregated accounting team—as the company makes acquisitions. Ultimately the goal would be to consolidate most of the accounting and finance functions. Some of these personnel work in the office, from home or at practice locations Oversee, develop and constantly monitor accurate revenue accounting for the enterprise. Identify revenue trends and react immediately working with Operations, Strategic Finance, Corporate FP&A and Revenue Cycle Management to understand revenue issues timely Oversee proper, timely and constant balance sheet reconciliations of accounts receivable ensuring that all conclusions align with business KPI’s, Revenue Cycle Management operations and cash collection trends Ensure the quality and integrity of financial statements and protect the balance sheet Manage all the reporting to meet external financial requirements & ensure the financial statements are in accordance with GAAP Direct all general accounting functions to ensure timely and accurate reporting of both company’s consolidated activity as well as each individual practice financial statements/operating reports Ensure the timely and accurate recording and reporting of financial information (P&L, B/S and Cash flow) on a month, quarter and annual basis (in accordance with US GAAP) Identify and implement process improvements to overhaul and optimize monthly close cycle Coordinate/lead efforts for continuous improvements in working capital and cash flow performance Participate in M&A activity and integration, reengineering and special projects with a specific focus on ensuring the accuracy of all related accounting transactions Coordinate and lead the annual audit process within the functional teams and coordinate external audits Coordinate/lead cross Business Unit or functional teams to ensure standardized processes are developed and consistently deployed across company to enhance financial quality and support standardized analysis Coordinate financial statement reporting and review with the FP&A team and operational leaders on a monthly basis Hiring, training and development of staff in all accounting matters Research, interpret, document and implement accounting guidance associated with various accounting issues, including revenue recognition and others Participate and lead in annual budget and monthly/quarterly forecast preparation Ensure timely payment of current liabilities to creditors, proper recording and control of cash receipts and cash disbursements, and proper recording of fixed assets Interact with auditors, lenders and other third-party agencies regarding accounting functions as required Participate in professional development activities and maintain professional affiliations Key Competencies: Demonstrate leadership and personal initiative. Proactively identify potential business problems and propose solutions in advance of their becoming a crisis Proactive & driven leader with strong desire to serve others, achieve deadlines and drive the business Strong communication skills – ability to influence others while making direct points Ability to synthesize complex financial data into understandable messaging Detail oriented, natural ability to pay close attention to details Strong technical accounting knowledge (business combinations, consolidation, revenue recognition, etc.) Strong desire to constantly improve and create a culture of constant improvement within their teams Strong management capabilities, skills, and techniques to plan, execute, and achieve results related to the complex and urgent needs of the business Ability to build out and supervise large teams across multiple locations Ability to assimilate data to drive and expedite project analyses and completion Strong problem solving skills with an ability to offer alternative solutions to each problem Demonstrate strong interpersonal, analytical, and problem-solving skills Ability to work in a geographically separated, cross-functional environment and lead cross-functional initiatives Proven collaboration skills, works with a sense of urgency, and prioritizes action items Ability to work independently in a fast-paced environment Ability to travel to work with practices when required Requirements Open, honest, transparent management style with ability to openly address shortcomings, but propose solutions to resolve issues Proven ability to build, manage and motivate personnel to create high performing teams 15 years of combined accounting experience 3-5 years senior accounting experience in an acquisitive fast-paced company Strong technical accounting skills with demonstrated revenue recognition experience, as well as solid knowledge of Sarbanes-Oxley / internal control frameworks Strong leadership skills and prior experience leading medium-large accounting group with multiple direct reports Experience in Healthcare Finance is strongly preferred but not required Public accounting experience with either a Big 4 or globally recognized audit firm M&A Experience and post close integration Experience working in Private Equity-backed portfolio companies Advanced knowledge of Excel, database, financial and reporting systems Proven ability to lead change management Prior experience managing many diverse stakeholders and constituents Strong financial and business acumen with excellent strategic and analytical thinking capacity Possess open, collaborative leadership style that promotes teamwork and partnership while achieving desired outcomes Demonstrate leadership and personal initiative. Proactively identify potential business problems and propose solutions in advance of their becoming a crisis Proactive & driven leader with strong desire to serve others, achieve deadlines and drive the business Strong communication skills – ability to influence others while making direct points Ability to synthesize complex financial data into understandable messaging Detail oriented, natural ability to pay close attention to details Strong technical accounting knowledge (business combinations, consolidation, revenue recognition, etc.) Strong desire to constantly improve and create a culture of constant improvement within their teams Strong management capabilities, skills, and techniques to plan, execute, and achieve results related to the complex and urgent needs of the business Ability to build out and supervise large teams across multiple locations Ability to assimilate data to drive and expedite project analyses and completion Strong problem-solving skills with an ability to offer alternative solutions to each problem Demonstrate strong interpersonal, analytical, and problem-solving skills Ability to work in a geographically separated, cross-functional environment and lead cross-functional initiatives Proven collaboration skills, works with a sense of urgency, and prioritizes action items Ability to work independently in a fast-paced environment Ability to travel to work with practices when required

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    Resurgens Orthopaedics
    Registered on October 7, 2017

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    Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainty and risk. Finance can also be defined as the science of money management. Finance aims to price assets based on their risk level and their expected rate of return. Finance can be broken into three different sub-categories: public finance, corporate finance and personal finance.


    Atlanta () is the capital and most populous city of the U.S. state of Georgia. With an estimated 2019 population of 506,811, it is also the 37th most populous city in the United States. The city serves as the cultural and economic center of the Atlanta metropolitan area, home to more than 6 million people and the ninth-largest metropolitan area in the nation. Atlanta is the seat of Fulton County, the most populous county in Georgia. Portions of the city extend eastward into neighboring DeKalb County. The city is situated among the foothills of the Appalachian Mountains and has one of the highest elevations among major cities east of the Mississippi River.Atlanta was originally founded as the terminus of a major state-sponsored railroad. With rapid expansion, however, it soon became the convergence point among multiple railroads, spurring its rapid growth. The city's name derives from that of the Western and Atlantic Railroad's local depot, signifying the town's growing reputation as a transportation hub. During the American Civil War, the city was almost entirely burned to the ground in General William T. Sherman's famous March to the Sea. However, the city rose from its ashes and quickly became a national center of commerce and the unofficial capital of the "New South". During the 1950s and 1960s, Atlanta became a major organizing center of the civil rights movement, with Dr. Martin Luther King Jr., Ralph David Abernathy, and many other locals playing major roles in the movement's leadership. During the modern era, Atlanta has attained international prominence as a major air transportation hub, with Hartsfield–Jackson Atlanta International Airport being the world's busiest airport by passenger traffic since 1998.It ranks in the top twenty among world cities and 10th in the nation with a gross domestic product (GDP) of $385 billion. Atlanta's economy is considered diverse, with dominant sectors that include aerospace, transportation, logistics, professional and business services, media operations, medical services, and information technology. Atlanta has topographic features that include rolling hills and dense tree coverage, earning it the nickname of "the city in a forest". Revitalization of Atlanta's neighborhoods, initially spurred by the 1996 Summer Olympics, has intensified in the 21st century, altering the city's demographics, politics, aesthetics, and culture.

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