Manager, Accounting

Avalon Administrative Services LLC
81d

About The Position

Avalon Healthcare Solutions is the world's first and only Lab Insights company, bringing together our proven Lab Benefit Management solutions, lab science expertise, digitized lab values, and proprietary analytics to help healthcare insurers proactively inform appropriate care, reduce costs, and improve clinical outcomes. Working with health plans nationwide, the company covers over 44+ million lives and delivers 10-20% proven outpatient lab benefit savings. Avalon is pioneering a new era of value-driven care with its Lab Insights Program that captures, digitizes, and analyzes lab results in real-time to provide actionable insights for earlier disease detection, ensuring appropriate treatment protocols and driving down overall costs. Avalon is a portfolio company of Francisco Partners, a global private equity firm that specializes in investments in technology and technology-enabled service companies. Avalon is a high growth company where every associate has an opportunity to make a difference. Avalon has years of expertise in managing lab benefits and now is leveraging digitized lab results to drive quality clinical outcomes and proven savings. When you look at how we bring this to life, we offer Lab Insights solutions that work together to arm you with critical lab-driven insights to accelerate your value-driven care success. This is the first-of-its-kind suite of solutions to help you achieve the Triple Aim of improving the patient experience of care, improving the health of populations, and reducing the per-member cost of healthcare. You will be part of a team that shapes a new market and business. Most importantly, you will help Avalon to achieve its mission and improve clinical outcomes and health care affordability for the people we serve.

Requirements

  • Bachelor’s degree in accounting or finance.
  • At least 5 years’ experience in accounting, financial reporting, auditing, and related functions, including experience with an independent accounting firm (mid, major, or big 4).
  • Certified Public Accountant.
  • Must be a clear and concise communicator able to break complex topics/processes into simple steps and document related procedures and policies effectively.
  • Must be curious and not satisfied with surface answers.
  • Must have current GAAP and recent pronouncement experience.
  • Experience using NetSuite ERP or similar ERP system.
  • Experience developing and implementing accounting processes, systems of internal controls, general ledger and financial reporting structures, accounting software, cash management functions, and related activities.
  • Leadership of a small group of professional employees, including goal setting and performance reviews.

Nice To Haves

  • Advanced Excel Skills and working experience with Pivot Tables, Pivot Reporting, Advanced Formulas, Data Tables, Simulations, Solver, Data Power Query, Tables, Formatting, Conditional Formatting, Advanced Charting, VBA, Macros, using Excel Productively, Integrating Excel with other tools and optimizing Excel.
  • Master’s degree in business, finance, or accounting.
  • Healthcare, Health Plan and Lab Industry experience strongly preferred.
  • Experience using Concur, Bill.com, Blackline and ADP.
  • Prior work experience in an early-stage company preferred.

Responsibilities

  • Provide leadership and innovative thought to Avalon’s accounting department.
  • Create strong working relationships with stakeholders across the organization.
  • Develop, document, and maintain the system of internal controls to ensure integrity in accounting and reporting and protection of assets.
  • Develop and manage revenue entry and projection models based on data analytics interfacing with the AVP, Corporate Accounting.
  • Manage accounts payable and cash flow.
  • Manage commercial banking relationships and manage financial reporting requirements and bank covenants.
  • Oversee the periodic financial closing processes and ensure timely delivery of reports, related analyses, a monthly reporting package that includes full financial statements, comprehensive Key Performance Indicator (KPI) reporting, operational dashboard reporting, analysis of key business trends, actual-versus-budget variances, and comprehensive executive level explanations that enable timely decisions to be made.
  • Lead the annual financial audit and interaction with independent accountants.
  • Manage the work of tax advisors in the planning, reporting, and payment of income and other taxes.
  • Complete reporting required for regulatory authorities as well as ad-hoc data management requests, e.g., queries, reporting.
  • Hire, train, develop, and lead accounting and finance staff as well as vendors and contractors in the performance of these responsibilities.
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