The mission of The Los Angeles Cancer Network is to provide unparalleled care to each patient that comes through our doors. We offer individualized treatment using the most recent and relevant proven advances in cancer care, curated with deliberation and compassion. LACN is committed to educating and supporting our patients and their families through every step of the way. We deliver a unique approach for every patient to ensure they receive treatment best suited to their condition, age, and other important factors. We do this by participating in important clinical research, encouraging screenings for early detection, and providing innovative treatment. We are proud to be at the forefront of cancer research through our partnership with OneOncology.
Why Join Us? We are looking for talented and highly-motivated individuals who demonstrate a natural desire to support the meaningful work of community oncologists and the patients we serve.
Job Description:
The Corporate Controller is a new role leading the Practice’s accounting functions. The position will report directly to the LACN Chief Executive Officer, lead a small team of accounting employees, and will grow that team as the Practice grows. The Controller will have significant exposure and daily interactions with our practice leadership and the Finance/Accounting team at OneOncology as well as the OneOncology Chief Financial Officer. This will be a high-profile position within the Practice. Further, the Controller will serve as a trusted business partner and advisor to the LACN Chief Executive Officer and practice leadership.
This individual will be based primarily in Los Angeles and have direct daily interaction with the Chief Executive Officer, practice leadership and OneOncology leaders. Therefore, the individual must be skilled at communication with all constituents including physicians, C-Suite executives, 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 following reflects management’s definition of essential functions for this job but does not restrict the tasks that may be assigned. Management may assign or reassign duties and responsibilities to this job at any time with reasonable accommodations
Responsibilities:
Develop strong working and collaborative relationships with practice leadership and OneOncology to both assist with operational accounting and ensure proper accounting processes/financial reporting
Oversee and provide leadership to the local accounting team
Hiring, training and development of staff in all accounting matters
Assist with performance evaluations and recommend merit increases, promotions, and disciplinary actions
Participate in professional development activities and maintain professional affiliations
Serves as practice lead for annual budgeting and forecasting activities in coordination with OneOncology, to include ongoing variance monitoring and reporting
Keeps the OneOncology Accounting team and the LACN CEO informed of the practice’s performance and provides insight and advice on all financial matters
Leads physician compensation strategy by processing compensation, partner compensation, and supporting variable compensation designs for employed physicians
Coordinates with OneOncology Treasury department regarding cash disbursements for payment of practice expenditures in accordance with disbursement and policies
Manages and initiates cash movement and bank balances of the practice, the physician partners, and physician partner-owned real estate entities related to the business
Serves as a reviewer and/or approver of practice invoices to ensure adequate coding for accounts and cost centers
Process timely invoices which follow protocol driven procedures according to patient accruals/visits in order to seek reimbursement from sponsors. Resolve account balance discrepancies
Routinely monitors and reconciles trial balance accounts to ensure timely deposit, correct allocation, and distribution of revenue
Reviews the study contract budgets, study calendars and posting expenses to clinical trials
Helps interpret reports and results of operations to the LACN CEO and to the physician partners. This includes explaining metrics, financial concepts, and other financial accounting elements in a manner that non-financial stakeholders can understand
Forecasts short-range and long-range cash requirements and obligations, as a basis for maintaining adequate funds for the practice’s physician compensation needs and obligations
Provides other constituents (including OneOncology) with related information required by them to carry out their assigned responsibilities
Assures protection for the assets of the business through internal control, internal auditing, and ensuring proper insurance coverage
Establishes and implements a sound operational and organizational plan in direct support of the practice’s operational plan and strategy
Monitoring capitated and sub capitated health plans, provide analysis and support to drive appropriate and timely collections and processing of plans, and accurate reporting of outstanding balances owed
Monitors inventory levels, ensures proper inventory accounting controls and advises management and OneOncology regarding variances to expectations
Recommends and implements techniques to improve productivity, increase efficiencies, cut costs, take advantage of opportunities, and maintain state-of-the-art practices
Reviews, analyzes, and provides input on financial modeling of potential practice tuck-ins
Manages and applies shareholder distribution formula, payroll and benefits processing
Key Competencies:
Strong US GAAP and operational accounting skills
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
Ability to develop, articulate and hold teams accountable to achieve deadlines
Strong desire to constantly improve and create a culture of constant improvement
Skilled in organizing and coordinating disaggregated projects
Demonstrate strong interpersonal, analytical, and problem-solving skills
Ability to work in a geographically separated, cross-functional environment
Works with a sense of urgency, and prioritizes action items
Ability to work independently in a fast-paced environment
Must have high level of integrity
Understanding of medical terminology related to the business of medicine
Qualifications:
Bachelor's or Master’s degree in Accounting required
Active CPA license strongly preferred
10+ years of combined accounting experience with 5+ years of experience in an accounting leadership role
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
Experience in Healthcare Finance is strongly preferred but not required
Strong working experience with Excel, database, financial and reporting systems (including Workday)
Proven ability to lead change management
Experience in achieving high results and optimizing performance within a highly complex, matrix organization
Ability to partner and effectively convene teams and gain commitment/support to achieve results that support strategy initiatives and the overarching care delivery and care financing strategy
Pay: $150,000.00 - $200,000.00 per year