Healthcare Controller (01241335)

  • General Description/Background: 1. Mandate Purpose Our Client is executing a Finance Transformation to support a growing healthcare claims‑based revenue model across multiple lines of business (ECM, CS, Behavioral Health). The company is transitioning from QuickBooks to a scalable accounting platform (NetSuite or Sage Intacct), formalizing accrual accounting policies, and building a centralized claims data platform to support lag/run‑out analysis and revenue accruals. The purpose of this 90‑day mandate is to place a hands‑on Interim Controller in the organization with full accountability to: Own the monthly close during a period of transition Design and document claims‑based accrual accounting policies Lead ERP selection and readiness Define requirements for a SQL‑based claims data environment Deliver a repeatable, auditable month‑end workflow This is an execution role, not an advisory assignment. 2. Authority & Decision Rights During the mandate, the Interim Controller is authorized to: Own the accounting close and related deadlines Define and document accounting policies (subject to CFO approval) Recommend ERP system selection and implementation approach Direct external advisors and implementation partners (ERP, data, audit support) Establish finance workflows, controls, and documentation standards The Interim Controller is accountable for outcomes, not hours or recommendations. 3. Scope of Responsibilities A. Financial Operations & Close Own and execute the monthly close process Ensure accurate and timely financial statements (P&L, Balance Sheet, Cash Flow) Perform and/or review all balance sheet reconciliations Maintain internal controls and GAAP compliance during transition Produce management reporting and variance analysis B. Accrual Accounting Policy (Healthcare Claims) Design and document a claims‑based revenue accrual methodology, including: Definition of incurred revenue (e.g., date of service) Treatment of adjudicated vs unpaid claims Lag and run‑out assumptions Handling of denials, reversals, adjustments, and recoupments Translate 835/ERA payment data into accounting logic Draft formal Accounting Policies & Procedures suitable for audit and diligence Design journal entry structure and review controls Define a process for freezing monthly accrual snapshots C. ERP Selection & Readiness Lead evaluation of NetSuite vs Sage Intacct Define accounting and close requirements for ERP configuration Ensure ERP design aligns with accrual policy (not vice versa) Partner with implementation providers to scope cost, timeline, and risks Prepare the organization for QuickBooks sunset and parallel reporting D. Claims Data Platform Requirements Define the minimum viable requirements for a centralized SQL database, including: Required data fields from Waystar and ClaimMD 835/ERAs Normalization across lines of business Data governance and change control Establish a clear separation between: SQL as the system of record Power BI as the visualization/review layer Validate that the data environment supports accrual accuracy and audit needs E. Controls, Audit, and Stakeholder Readiness Maintain audit‑ready documentation during the transformation Prepare accrual methodology explanations for auditors, lenders, and diligence Serve as primary accounting liaison with external stakeholders 4. 90‑Day Deliverables & Timeline Days 1–30: Diagnose & Frame Required Deliverables Current‑state close and control assessment Draft Revenue Accrual Policy Outline (claims‑based) Clear definitions of: Incurred date Paid date Lag treatment Adjustments and reversals ERP short list with decision criteria SQL/claims data requirements memo Success Measure: Leadership agrees on the problem definition and accounting direction. Days 31–60: Decide & Design Required Deliverables Final Revenue Accrual Accounting Policy (CFO‑approved) ERP recommendation (NetSuite or Sage Intacct) with: Cost Implementation timeline Key risks and mitigations Month‑end close workflow (roles, timing, controls) Accrual JE templates Accrual snapshot and restatement framework Success Measure: Decisions are made; design is fixed. Days 61–90: Lock & Transition Required Deliverables First accrual run using defined methodology (even if partial) Accrual snapshot structure implemented ERP implementation kickoff plan (if approved) 90‑day forward roadmap for: ERP implementation SQL build Recommendation to CFO: Convert to permanent Controller Hire permanent Controller Extend interim support (if justified) Success Measure: Finance can operate without ambiguity; next phase is executable. 5. Conversion Decision At Day 90, one of the following outcomes will be executed: Convert Interim Controller to Permanent Controller Hire Permanent Controller into a well‑defined role Extend interim engagement only with CFO approval and revised mandate This decision is explicit and time‑bound. 6. What Success Looks Like Accrual accounting methodology is documented, repeatable, and defensible ERP direction is clear and implementation‑ready Claims‑based revenue accruals are explainable to auditors and buyers Month‑end close is controlled and predictable Finance is positioned for scale and institutional scrutiny 7. What This Mandate Is Not Not an advisory or “observe and recommend” role Not a bookkeeping or cleanup assignment Not an open‑ended consulting engagement This mandate requires ownership, execution, and delivery
  • Experience/Skills Required:
  • Experience/Skills Preferred:
  • Location: Remote
  • Travel Type: Can be virtual
  • Assignment Type: Interim - Full-Time
  • Assignment Timeframe: full time 90 Days
  • Potential to full time: Yes
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Interim Controller (0207691)

  • General Description/Background: This is a private equity backed company going through a couple of acquisitions and their Controller just gave notice.
  • Experience/Skills Required:
    • Must have M&A experience
    • Manufacturing and/or cost accounting experience
    • Strong technical accounting skills
  • Experience/Skills Preferred:
    • This is onsite role, preferably with availability 5 days a week. Please submit interest if you have less and let us know what your availability is.
    • Need/start is immediate.
  • Location: Providence, RI
  • Travel Type: Must live within daily commutable distance
  • Assignment Type: Interim - Full-Time
  • Assignment Timeframe: 3-4 months
  • Potential to full time: Yes
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