What are the responsibilities and job description for the Assistant Controller position at USHP?
US Health Partners: Assistant Controller (full time)
Location: Austin TX, Hybrid (Remote/ In Office)
Position Summary:
The Assistant Controller will serve as the second-in-command within the accounting function, ensuring compliance with GAAP, and supporting financial reporting, audits, and system integrations.
This role is designed for a developing lead with the potential and ambition to grow into a Controller or Chief Accounting Officer position. The individual will help scale a best-in-class function within a private equity-backed, multi-entity healthcare environment.
Key Responsibilities:
Financial Close & Reporting
- Oversee month-end and year-end close processes, ensuring timely and accurate financial reporting.
- Prepare and review financial statements, balance sheet reconciliations, and variance analyses.
- Ensure compliance with GAAP, ASC 842 (leases), and ASC 606 (revenue recognition).
- Assist in the preparation of quarterly and annual financial reports for investors and lenders.
Audit & Compliance
- Lead audit preparation and coordination with external auditors.
- Ensure internal controls, policies, and procedures comply with SOX (if applicable) and industry standards.
- Support tax compliance, tax provision calculations, and apportionment for multi-state entities.
Acquisition Integration & Financial Systems
- Assist in integrating newly acquired practices into the company’s accounting framework.
- Work closely with the corporate finance team to implement best practices for financial consolidation.
- Support the implementation and automation of close processes (FloQast, Blackline or similar tools).
- Maintain and improve ERP systems and financial reporting tools.
Accounts Payable & Vendor Management
- Oversee the AP process, including vendor consolidation strategies and payment cycles.
- Ensure timely and accurate processing of invoices, accruals, and reconciliations.
- Implement cost control measures and working capital improvements.
Operational & Strategic Finance Support
- Support the budgeting and forecasting process, ensuring alignment with corporate financial goals.
- Perform ad hoc financial analysis and modeling to support decision-making.
Qualifications & Requirements:
- Bachelor’s degree in Accounting, Finance, or related field (CPA or CMA preferred).
- 5 years of accounting experience, preferably in multi-entity healthcare, private equity, or professional services.
- Strong knowledge of GAAP, ASC 842 (leases), ASC 606 (revenue recognition), and tax compliance.
- Experience in financial close processes, audits, and financial statement preparation.
- Hands-on experience with ERP systems (NetSuite, Sage Intacct, or similar) and close automation tools (FloQast, BlackLine, etc.).
- Excellent analytical, organizational, and communication skills.
- Ability to lead and collaborate with cross-functional teams in a fast-paced environment.
- Demonstrated ownership mindset and progression toward leadership responsibilities
Preferred Experience:
- Healthcare industry experience, especially within multi-site medical practice roll-ups.
- Exposure to private equity-backed environments with acquisition integrations.
- Experience with financial due diligence and M&A accounting.