Vice President & Controller - Inpatient Rehab Division

Select Medical Corporation Mechanicsburg , PA 17055

Posted 3 weeks ago

Overview

The Vice President & Controller, Inpatient Rehabilitation Division (Controller) is responsible for leading the accounting operations of Select Medical's growing Inpatient Rehabilitation Division, which consists of 33 rehabilitation hospitals in 13 states and annual revenue of approximately $1B. This high-profile role reports directly to the Company's Senior Vice President, Controller & Chief Accounting Officer and oversees a team of more than 15 accounting professionals. The Controller is responsible for all aspects of the monthly financial close process and ensuring all transactions are recorded in accordance with generally accepted accounting principles (GAAP), including revenue recognition activities, for the division. The ideal candidate should also possess a continuous improvement mindset with a focus on streamlining the close process, reducing manual accounting activities, and improving compliance with Internal Controls over Financial Reporting (ICFR).

Responsibilities

  • Ensures the accurate preparation of journal entries and related financial statements, consistent and appropriate application of the Company's accounting policies, and certifies the operating effectiveness of ICFR quarterly.

  • Partners closely with the Senior Vice President, Accounting Shared Services to ensure related transactions (Cash, Debt, PP&E, Payroll, Accounts Payable, Leases, etc.) are recorded appropriately.

  • Proactively collaborates with the Senior Vice President, Financial Operations for Inpatient Rehabilitation on all financial statement related matters, including the accounting for anticipated transactions and review of monthly financial results ("no surprises close").

  • Supports Financial Operations with respect to the budgeting and forecasting processes, advises on technical accounting matters, and assists in the communication of results to key stakeholders, including external joint venture partners.

  • Develops and maintains a strong rapport with other departments, including the CIRH and OP accounting teams, Financial Reporting/Technical Accounting, Reimbursement, and Tax.

  • With respect to the Inpatient Rehabilitation Division, owns the relationship with the Company's external auditors for both the consolidated Select Medical audit as well as stand-alone joint venture audits.

  • With respect to the Inpatient Rehabilitation Division, leads the accounting due diligence efforts for acquisition targets and partners with Financial Reporting/Technical Accounting to ensure opening balance sheets are recorded completely and accurately. Ensures acquisitions and start-ups are seamlessly and efficiently integrated into accounting operations.

  • Works with the Director, Finance Performance Improvement, and leverages available technologies such as OneStream and UI Path, to identify opportunities to streamline the accounting close, automate manual accounting activities, and strengthen compliance with ICFR.

  • Fosters a high-performing team culture with a focus on continuous coaching, individual development, and rewarding employee engagement.

Qualifications

Requirements:

  • Bachelor's degree in accounting.

  • Active CPA license.

  • 10 years of progressive financial accounting and management experience in healthcare with at least 5 years current or prior experience with a Big 4 accounting firm.

  • Exceptional technical, communication and leadership skills.

  • Ability to lead multiple, concurrent projects and associated personnel and achieve required results and timelines.

  • Demonstrated strengths in Finance digital competencies.

Additional Data

Select Medical is committed to having a workforce that reflects diversity at all levels and is an equal opportunity employer. Qualified applicants are considered for employment, and employees are treated during employment without regard to race, color, religion, national origin, citizenship, age, sex, sexual orientation, gender identity, marital status, ancestry, physical or mental disability, veteran status, or any other characteristic protected under applicable law.


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Vice President & Controller - Inpatient Rehab Division

Select Medical Corporation