Senior Vice President Finance Operations

Precision Orthopedics & Sports Medicine in Parkville, MD

  • Industry: Financial Services - Banking/Investment/Finance - General Operational Manager
  • Type: Full Time
  • Compensation: $112,970.00 - 122,030.00 / Year*
position filled
Company Overview Precision Orthopedics is a private equity-backed, rapidly growing orthopedic physician company that is seeking a high potential financial professional to join the Management team. Precision expects significant growth, organically and through acquisitions, which will meaningfully transform the company. This position is located in the Baltimore / Washington DC area. Position Overview The person will be viewed as a trusted leader who will report directly to the CEO and Board of Directors. The controller will lead the building of the company s finance function and be responsible for acquisition integration, financial reporting, implementing process and procedures, which may include the implementation of a new ERP system and other strategic initiatives to grow the company and meet/exceed objectives. Other duties will include financial/accounting activities such as FP&A, tax, internal control, risk management, capital allocations / investments and special projects. This role requires a hands-on, strategic financial business partner who is an analytical thinker that can build the financial structure of the company. Also, this person will be a right-hand business partner to the CEO while also managing Board of Directors communications and associated reporting. Detail of Requirements Degree in Accounting or Finance; CPA is highly preferred. Minimum 8 years of relevant experience. Prior experience working with PE/VC investors preferred. Experience with growing multi-location businesses is also preferred. Previous experience in building/transforming an organization s finance/accounting function. Prior ERP implementation experience is helpful. Experience with healthcare providers and billing insurance companies is preferred. Prior acquisitions experience is preferred (financial due diligence, closing and integration). Excellent verbal and written communication skills, including ability to effectively communicate with the Board of Directors. A hands-on, take charge financial professional with strong financial and analytical skills. Highest level of integrity and dependability with a strong sense of urgency and results orientation. Ability to manage multiple priorities. Strong business and common sense. Responsibilities Maintain a system of policies and procedures that impose an adequate level of control over all accounting and treasury activities. Maintain a documented system of accounting and finance policies and procedures. Maintain chart of accounts, adding new accounts as necessary. Calculate variances from the budget and report significant issues to management on a periodic basis. Assist with the financial analyses as needed, in particular for capital investments and contract negotiations. Maintain the relationship with external auditors and coordinate the annual audit. Maintain the relationship with bankers and oversee bank account activity. Perform accounting research for new accounting issues and develop plans to implement the new item into the accounting workflow. Complete bank reconciliations on a monthly basis to facilitate the financial close and provide segregation of duties. Responsible for global consolidation process and overall accuracy of financial statements. Oversee staff preparation of monthly financial statements, review and provide to the CEO. Maintain capitalization table and record all equity transactions in the accounting records. Oversee the month-end close process and provide guidance on accounting issues and other projects/issues as they arise during this process. Provide support for monitoring the annual budget vs actual results for G&A expenses. Manage Company s vendor payment schedule. Manage the Company s financial statements in accordance with the Company s credit facility to ensure adherence with bank covenants. Compensation Excellent compensation package including salary, bonus and significant equity participation. If needed, relocation will be provided.
Associated topics: audit, bank, cfa, chief finance officer, equity trading, finance, invest, investment banking, revenue, tax

* Estimated salary


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