Controller

The GW Medical Faculty Associates (MFA) was incorporated in July 2000 as a not-for-profit, physician-led practice group. The organization functioned as an independent organization in support of The George Washington University School of Medicine and Sciences as a multi-specialty physician practice group. The GW MFA has grown to become the largest independent academic physician practice in the Washington, DC metro region with 375 physicians and 100 APP providers. In 2018, the MFA bylaws were revised to allow The George Washington University to serve as the sole corporate member while the MFA retained independent 501c3 status. The purpose of the change was to ensure alignment between the MFA and The George Washington University.

MFA physicians provide comprehensive patient care, offering one practice for the whole person with 52 medical and surgical specialties. As members of the GW School of Medicine and Health Sciences faculty, MFA providers are teachers and mentors for medical students, residents, fellows, and researchers preserving the rich tradition of academics, research, and healing. In addition to maintaining a closely integrated alliance with The George Washington University and The George Washington University Hospital (GWUH) which is separately owned and operated by Universal Health Services (UHS), the GW MFA has active referring relationships with 12 area hospitals.

The GW MFA’s leading healthcare presence in the DC metro region is complemented by a network of community-based practices in DC, Maryland, and Virginia. Given its geographic location in central NW Washington, DC, and proximity to more than 175 resident embassies, the MFA continues to evolve its international clinical outreach.

Position Summary

Reporting to the CFO, the Controller will supervise the accounting team, cash management, contract billing, financial reporting, fixed assets, real estate, payroll and provide support to the company’s finance department (to the CFO), to effectively manage the company's financial operations. Additionally, the Controller oversees all tax matters and related reporting and leads the development of appropriate strategies for financial systems operations. The Controller will be responsible for all accounting and administrative duties necessary to issue timely and complete monthly financial statements and the annual audited statements. The Controller is also the lead liaison for financial matters with the University’s partnership organizations and external auditors.

This position will work directly with the CFO and will closely coordinate his/her activities with other members of the company’s executive team. Extensive knowledge of GAAP and substantial experience creating and managing financial statements. Medical Group practice or healthcare organization experience is highly desirable.

Essential Duties and Responsibilities

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Other duties may be assigned.

• Recommend strategies around operations and maintenance of core financial systems and related processes to include design of controls, enhancements, and administration
• Develop and maintain sound internal control systems policies and procedures that impose an adequate level of control over financial reporting and accounting activities
• Oversees the accounting and reporting for grants, contracts, and endowments
• Establish organizational financial policies and transnational standards, ensuring consistency with the MFA’s mission and strategic plans and compliance with State and Federal fiscal management laws and regulations, and generally accepted accounting standards
• Maintain internal safeguards for revenue receipts, costs, team and organizational budgets, and actual expenditures
• Establish (in coordination with CFO) financial and operating benchmarks, budgets, program monitoring, and reporting standards on weekly (cash needs), biweekly, monthly, and annual basis
• Provide inspired leadership to the MFA and direct reports, setting high standards of professional conduct and competence, and furnishing the leadership necessary to ensure an optimum level of staff and staff expertise
• Other duties as assigned.

Minimum Qualifications

Education

• Bachelor's degree in an appropriate area of specialization

Experience

• A minimum of 10 years of professional accounting experience, or 5 or more years in a senior- or executive-level accounting role.

Physical Requirements

• Walk, bend, twist, and reach above the shoulder frequently in an office setting.
• Must be able to occasionally lift or carry and frequently push or pull up to 20 lbs. as part of the role.
• Regularly exposed to healthcare settings that may require personal protective equipment.
• Requires manual dexterity to operate a computer keyboard, calculator, copier machine, and other equipment.