What are the responsibilities and job description for the Assistant Controller position at HS1?
Company Overview: Health Network One (HN1) partners with health plans and providers to modernize how specialty care is delivered and managed, reducing complexity, driving better performance, and improving lives.
With over 30 years of experience, Health Network One advances care in several unique specialties: Total Eye, Sleep Well, Pure Derm and Thrive Therapy. By curating specialty networks and credentialing providers who meet rigorous access and quality standards, we bring together value-based models and clinical expertise to ensure providers thrive, payers succeed, and members receive the high-quality care they deserve.
Position Summary: The Assistant Controller supports the Controller in managing the financial operations of the organization, ensuring compliance with healthcare regulations, and maintaining accurate financial records. This is a hands-on role that provides critical leverage to the Controller and will be a key enabler to enhancing data driven insights, improving the speed of the monthly close, and strengthening financial controls. This position requires strong technical accounting skills, the ability to manage competing priorities, and the leadership capability to coach and supervise team members while driving process improvements. The right candidate will be a strategic thinker, action oriented, motivated leader interested in having a meaningful impact on the future of the finance function and company overall.
Key Responsibilities
- Prepare and review monthly, quarterly, and annual financial statements
- Ensure compliance with GAAP, healthcare-specific regulations, and internal policies
- Manage and mentor a small team of accountants, reviewing their work for accuracy and completeness, and reallocating tasks as appropriate to increase efficiency
- Prepare and analyze business unit profitability and cash flow projections
- Assist in budgeting, forecasting, and variance analysis
- Maintain and improve internal controls and financial systems; (identify and implement process improvements that reduce manual work and improve reporting timeliness)
- Collaborate with the Controller and CFO on operating budgets and strategic initiatives
- Support audit and compliance processes
- Participate in cross-functional projects and be a meaningful contributor to departmental strategy and structure enhancements.
Qualifications:
- Bachelor’s degree in accounting or finance (CPA strongly preferred).
- 7 years of progressive accounting experience, including leadership responsibility
- Strong understanding of consolidation, reporting, and financial controls
- Experience working with multiple legal entities, regulatory reporting and consolidations
- Experience working with healthcare companies (working knowledge of accounting for claims, IBNR and MLR a plus) or a regulated industry, private equity experience a plus
- Proficiency in financial software, ERP systems (Microsoft Dynamics a plus), and process automation
- Working knowledge of tax matters and intercompany transactions
- Excellent analytical, communication, and leadership skills
- Demonstrated ability to work well with leaders across an organization.
Please note: Health Network One does not currently sponsor employment visas (e.g., H-1B, TN, or other work authorization). Candidates must have valid work authorization in the United States at the time of application and throughout employment.