Junior Financial Controller

Position Summary:

The Junior Financial Controller is responsible for leading all financial functions of a medical receivables company and its affiliated Special Purpose Entity (SPE), which jointly invest in medical receivables. This role includes oversight of core accounting, cash flow forecasting, intra- and intercompany transaction management, investor waterfall modeling, and regulatory compliance. The Junior Controller ensures the integrity and timeliness of financial reporting across both entities and provides data-driven insights to support operational and strategic decision-making.

Key Responsibilities:

Receivables & Revenue Oversight

• Track and reconcile purchased receivables, collections, and yield performance.
• Apply appropriate revenue recognition policies for medical receivables and factor fee structures.
• Maintain accurate aging reports and collection curve analysis to forecast cash recoveries and IRR.

SPE Financial Management & Waterfall Accounting

• Maintain complete and accurate financial records for the SPE, including capital accounts, investment allocations, and income distributions.
• Build, manage, and maintain investor waterfall models aligned with SPE operating agreements, including preferred returns, catch-ups, and profit splits.
• Prepare quarterly investor statements, capital account reports, and cash distribution calculations.
• Ensure timely and accurate capital calls and distributions in coordination with funding schedules and receivable purchases.

Intra- and Intercompany Accounting Oversight

• Ensure accurate, timely, and fully reconciled intra- and intercompany transactions, including management fees, receivables transfers, service reimbursements, capital movement, and shared expenses.
• Maintain clear audit trails and documentation for inter-entity agreements and allocations.
• Reconcile intercompany balances monthly and eliminate appropriately in consolidated reporting.
• Ensure all intercompany transactions are arm’s-length and compliant with regulatory/tax expectations.

Cash Flow Management & Treasury Operations

• Manage cash across operating and SPE entities, including escrow, and reserve accounts.
• Develop and maintain rolling cash flow forecasts across multiple entities.
• Coordinate with the CFO, banks, investors, and internal stakeholders on cash needs, availability, and capital movements.
• Oversee reserve tracking, working capital optimization, and cash-on-cash return forecasting.

Financial Reporting & Month-End Close

• Lead the monthly and quarterly close process across both the company and SPE, ensuring completeness, timeliness, and GAAP compliance.
• Consolidate financials and prepare internal reports including P&L, balance sheet, cash flow, and investor performance analytics.
• Prepare board packages, investor updates, and lender compliance documentation.
• Support annual audit and tax processes in coordination with external advisors.

Budgeting, Forecasting & Performance Analysis

• Develop and maintain company- and SPE-level budgets, forecasts, and key performance dashboards.
• Model financial performance scenarios based on receivables purchase velocity, collection performance, and investor return expectations.
• Track IRR, multiple on invested capital (MOIC), and working capital velocity.

Governance, Controls & Compliance

• Ensure internal controls are designed and functioning effectively across both entities.
• Monitor compliance with all legal, regulatory, and contractual obligations—including HIPAA, investor agreements, and tax requirements.
• Maintain accurate, auditable records for all transactions—especially those involving investor funds or intercompany activity.
• Ensure adherence to terms in SPE operating agreements and intercompany service agreements.

Qualifications:

Education & Experience

• Bachelor’s degree in Accounting, Finance, or related field (CPA or CFA preferred).
• 5–10 years of progressive experience in accounting/finance, with exposure to healthcare receivables, SPEs, or private investment vehicles.
• Direct experience managing intercompany accounting, investment waterfalls, and structured finance reporting.
• Strong knowledge of GAAP, fund accounting principles, and multi-entity consolidations.
• Direct experience in managing teams supporting Accounts Receivable, Accounts Payable and general accounting operations

Skills & Competencies

• High-level proficiency in Excel and financial modeling (including waterfall and IRR models).
• Strong familiarity with AccountingSEED, QuickBooks or comparable ERP systems.
• Excellent communication skills with ability to present complex financial data clearly to non-financial stakeholders.
• Excellent leadership skills in managing and mentoring accounting-centric teams
• Meticulous attention to detail and strong organizational discipline.
• Entrepreneurial mindset and comfort with dynamic, high-growth environments.

Must Haves:

• Bachelor or Masters degree in Accounting or Finance
• A minimum of 5 years progressive experience in accounting or finance services
• Direct experience managing book closings, accounting transactions & financial reporting
• Excellent leadership skills in managing and mentoring accounting-centric teams
• Strong knowledge of GAAP, fund accounting principles, and multi-entity consolidations
• High-level proficiency in Excel and financial modeling
• Excellent communication skills
• Meticulous attention to detail

Desired:

• Licensed CPA
• Experience in accounting for healthcare receivables
• Strong familiarity with AccountingSEED

About Us:

AP Healthcare, based in Atlanta, Georgia, helps auto accident victims navigate the healthcare system and obtain the treatment they need and deserve. We collaborate with a large network of skilled medical providers and maintain strong relationships with experienced personal injury attorneys and law firms.

Job Type: Full-time (In-Office)

Base Pay: Starting $70,000.00

Benefits:

• Health, Dental, and Vision Insurance
• Paid Sick Time and PTO
• Paid Holiday

Supplemental Pay:

• Bonus pay

Schedule:

• Monday to Friday
• Flexible Hours

Ability to Commute/Relocate:

Atlanta, GA 30328: Must reliably commute or plan to relocate before starting (Required)

Job Type: Full-time

Pay: From $70,000.00 per year

Benefits:

• Dental insurance
• Flexible schedule
• Health insurance
• Paid time off
• Vision insurance

Education:

• Bachelor's (Required)

Experience:

• accounting or finance services: 5 years (Required)

License/Certification:

• CPA (Required)

Ability to Commute:

• Atlanta, GA 30328 (Required)

Work Location: In person