Financial Controller

About the role

Chrysalis Psychiatry is a growing outpatient mental health practice in Albuquerque, New Mexico nestled in the Rio Grande Valley with the beautiful Sandia Mountains at its edge. We specialize in high quality, evidence-based treatments, offering comprehensive services such as medication management and interventional therapies for PTSD, depression, and other mental health conditions. We are seeking an experienced Financial Controller to join our team.

Responsibilities

• Own and oversee day-to-day accounting operations, including accounts payable, accounts receivable, general ledger, journal entries, bank reconciliations, and month-end close.
• Prepare accurate and timely financial statements and reports and maintain complete financial records.
• Oversee purchasing, financial transactions, and internal controls to ensure appropriate documentation, accuracy, and financial integrity.
• Identify discrepancies, risks, and opportunities and communicate significant financial issues to the COO and executive leadership.
• Lead budgeting, forecasting, financial planning, and cash flow management in partnership with executive leadership.
• Develop financial analyses, projections, and recommendations to support operational planning and organizational strategy.
• Monitor financial performance, cash flow, liquidity, and spending against established budgets and communicate significant variances.
• Develop and implement financial strategies that support organizational stability, operational needs, and long-term growth.
• Oversee revenue cycle operations, including billing, accounts receivable, collections, and the organization’s billing function.
• Supervise and support the biller and monitor revenue cycle performance, accuracy, collections, and opportunities for improvement.
• Oversee provider compensation calculations and ensure accurate application of established compensation structures and agreements.
• Own the financial and accounting aspects of payroll in coordination with HR, payroll providers, and leadership.
• Ensure payroll taxes, liabilities, deductions, benefits, retirement contributions, and other employee-related financial obligations are accurately recorded and reconciled.
• Coordinate with HR and external providers to resolve payroll and employee-related financial matters.
• Manage the organization’s banking relationships and serve as the primary financial contact with banking institutions.
• Oversee financial activities related to financing and debt and provide analysis and recommendations regarding financing needs and options.
• Coordinate tax, audit, and regulatory financial activities with external accountants, tax professionals, auditors, and other advisors.
• Maintain financial records and documentation necessary for tax preparation, audits, and regulatory requirements.
• Maintain and oversee accounting software, financial systems, reporting tools, and related processes.
• Develop and maintain accounting procedures, financial controls, and documentation.
• Identify and implement opportunities to improve financial processes, reporting accuracy, efficiency, and internal controls.
• Ensure financial information is maintained securely and confidentially.
• Serve as the organization’s primary financial resource to the COO and executive leadership, providing financial information, analysis, and recommendations.
• Collaborate with executive leadership, HR, clinical leadership, managers, and external financial partners.
• Provide financial guidance within the scope of the position and escalate matters requiring executive-level decision-making.
• Maintain confidentiality of financial, employee, patient, and other sensitive information.
• Other duties as assigned.

Requirements

• Bachelor's degree in Accounting, Finance, Business Administration, or related field required.
• 5+ years of progressive accounting or financial management experience, preferably including experience in a healthcare or small-to-mid-sized organization.
• Strong knowledge of accounting principles, financial reporting, reconciliations, budgeting, and internal controls.
• Experience with accounting software and financial reporting systems.
• Experience managing or coordinating accounts payable, accounts receivable, payroll, and tax-related financial activities.
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