Director of Accounting: DSO or healthcare, CPA, GAAP, Revenue Recognition / Stock Comp / M&A Accounting

THIS ROLE IS ONSITE IN FRANKLIN, TN.

KORE1, a nationwide provider of staffing and recruiting solutions, has an immediate opening for a Director of Accounting: DSO or healthcare, CPA, GAAP, Revenue Recognition / Stock Comp / M&A Accounting

Position Summary

The Director of Accounting is responsible for overseeing the company's accounting operations. This role ensures the timely and accurate completion of accounting, book closing, audits, and financial reporting. These responsibilities are achieved through maintaining and updating a comprehensive set of controls designed to assess and mitigate risk, while ensuring the accuracy of the company's reported financial results. Additionally, the Director of Accounting is responsible for the maintenance and continual improvement of the accounting systems and processes. The role also guides, supervises, and develops the accounting team, including training, defining roles, assigning duties, and ensuring alignment within the team. The Director of Accounting may also assist the Chief Financial Officer with financial planning, debt financing, and budget management functions.

Essential Duties & Responsibilities

• Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department's goals and objectives.
• Ensure revenue is recorded in accordance with GAAP, including deferrals.
• Ensure payables are paid promptly; general A/P oversight.
• Ensure receivables are collected promptly; general A/R oversight.
• Ensure accurate recording of accounting transactions.
• Ensure appropriate recording of payroll for applicable companies within the organization.
• Ensure that monthly bank reconciliations and balance sheet reconciliations are completed.
• Issue timely, complete, and accurate financial statements.
• Maintain a system of controls over accounting transactions.
• Maintain a documented system of accounting policies and procedures.
• Perform duties in accordance with Generally Accepted Accounting Principles (GAAP), professional ethics, and organizational and industry ethical standards.
• Maintain an orderly accounting filing system.
• Oversee daily operations of the accounting department.
• Manage assigned accounting staff.
• Provide financial analyses as needed.
• Maintain operating banking relationships for applicable companies within the organization.
• Provide direction and assistance for various audits.
• Direct financial audits for applicable companies within the organization and provide recommendations for procedural improvements.
• Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures.
• Utilize experience, accounting knowledge, industry knowledge, and organizational knowledge in decision-making.
• Use independent judgment to determine the best course of action in various situations involving recording transactions, accounting procedures, and processes.
• Recommend benchmarks for measuring the financial and operating performance of divisions and departments.
• Assist with company financial planning and budget management functions as needed.
• Perform other duties as required.

Qualifications

• CPA.
• Bachelor's degree in Accounting or Finance with equivalent accounting experience.
• DSO (dental support organization) or healthcare (multiple locations / multi-entity management) experience is required
• 5 years of experience in a director-level accounting position that includes leading a team of direct / indirect reports
• Knowledge of accounting, finance, budgeting, cost control principles (including GAAP), lender and covenant reporting, and audit oversight.
• Experience with technical accounting to include the following, is required:
• ASC 606 (Revenue Recognition)
• ASC 805 (M&A accounting)
• ASC 718 is required (stock compensation)
• Knowledge of automated financial and accounting reporting systems.
• Knowledge of federal and state financial regulations.
• Ability to analyze financial data and prepare financial reports and statements.
• Working knowledge of short- and long-term budgeting and forecasting, rolling budgets, and product-line profitability analysis.
• Ability to motivate teams to produce quality materials within tight timeframes while managing multiple projects simultaneously.
• Ability to lead change / including creating/improving processes and procedures

Preferred Qualifications

• PE-backed experience
• ASC 842 (leases)
• Working knowledge of Sage Intacct.

Compensation depends on experience but is typically $175-195K plus 15% bonus