Director of Accounting

COMPANY OVERVIEW:

HealthAxis is a prominent provider of core administrative processing system (CAPS) technology, business process as a service (BPaaS), and business process outsourcing (BPO) capabilities to healthcare payers, risk-bearing providers, and third-party administrators. We are transforming the way healthcare is administered by providing innovative technology and services that uniquely solve critical healthcare payer challenges negatively impacting member and provider experiences.

We live and work with purpose, care about others, act with integrity, communicate with transparency, and don’t take ourselves too seriously.

We're not just about business – we're about people. Our commitment to a people-first approach shapes everything we do, from collaborating as a team to serving our valued clients. We believe that creating a vibrant and human-centric environment can inspire engagement, empower our team members, and ignite a sense of purpose in all that we accomplish.

PURPOSE AND SCOPE:

The  Director of Accounting is an operational leader who is responsible for all accounting functions, including financial reporting, general ledger maintenance, internal controls, compliance, audits, taxes and cash management.  This position will be responsible for maintaining and improving accounting principles, practices and procedures to ensure accurate and timely financial statements and related cost and revenue input analysis.  The Director of Accounting supervises a team of accounting and payroll professionals and is responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner. The Director of Accounting is also responsible for the analysis of cost and revenue variances in the financials and collaborating on budgeting and forecasting inputs. This position addresses tight deadlines and a multitude of accounting activities including ownership of the month-end, quarterly, and year-end close processes, invoicing, AR and AP management, payroll, benefits, vendor relationship management, tax compliance, general ledger preparation, financial reporting and variance analysis, contract review, year-end audit preparation and the support of budget and forecast activities.

 PRINCIPAL RESPONSIBILITIES AND DUTIES

• Obtain and maintain a thorough understanding of the financial reporting inputs and general ledger structure.

• Track and report on financial variances to cost and revenue impacting the financials.

• Ensure an accurate and timely monthly, quarterly, and year-end close.

• Ensure the timely reporting of all monthly financial information and provide analytical summaries as needed.

• Perform cash management and cash forecasting activities.

• Support budget and forecasting activities.

• Proficient in purchase accounting, leasing and revenue recognition requirements.

• Able to review cost and revenue inputs such as vendor contracts, client rates, pay and benefits information and develop detailed analysis that drive forecasting activities.

• Work with the VP, Finance and Accounting to ensure clean and timely year-end audits and tax return preparation by external firm.

• Evaluate vendor contracts from a financial perspective and support cost optimization initiatives and oversee vendor onboarding/payment processes to ensure internal controls, audit readiness, and compliance requirements.

• Ensure compliance with all federal, state, and local tax regulations, including oversight of  tax planning, preparation, filings, and audits in coordination with internal teams and external advisors.

• Advises staff regarding the handling of non-routine reporting transactions.

• Supervise the Accountants to ensure all financial reporting deadlines are met and the appropriate controls are in place within and with other departments.

• Supervise the Payroll Specialist and liaise with our PEO partner to ensure timely and accurate employee support.

• Collaborate with executive leadership to develop financial strategies, forecasts, and budgets.

• Lead, manage and hold accountable staff to ensure high performance and continuous staff development and improvement.

• Oversee accounting systems and software upgrades; drive process improvement and automation where feasible.

• Stay up to date with industry trends, regulatory changes, and accounting best practices.

 EDUCATION, EXPERIENCE AND REQUIRED SKILLS:

• Bachelor’s degree in Accounting, Finance, or closely related field required.

• Master’s Degree and/or CPA a plus.

• 8-10 years’ of progressively responsible accounting or finance experience required, with 3-5 years’ experience in a Leadership role.

• Experience within a Private Equity environment or healthcare BPaaS/BPO or software company a plus.

• Direct experience tracking and managing cost and revenue financial inputs, especially in a highly-transactional environment.

• Deep understanding of GAAP and regulatory reporting requirements.

• Knowledge of tax regulations and internal auditing.

• Strong attention to detail, ability to identify trends and create inferences.

• Strong investigative, reporting, and problem-solving skills.

• Excellent leadership, collaboration, communication, and presentation skills.

• Demonstrates strategic thinking and decision-making.

• Proficient in general ledger reporting and recording, experience with Great Plains a plus.