Accounting Manager

**Overview**
The Accounting Manager will be responsible for overseeing MD Practice Solutions’ financial operations, including accounting, analytics, reporting, and support the organization and its clients in accounting processes.

This role requires strong knowledge of accounting principles, medical billing practices, and the ability to lead a team effectively while ensuring compliance with industry regulations and internal policies.

As part of the leadership team, the Accounting Manager is responsible for establishing and implement the organization’s established strategic plan and priorities, ensuring to fulfill the mission, vision, and values in day-to-day operations.

**Duties**

**Financial Reporting & Analysis**:

- Prepare and manage monthly, quarterly, and annual financial statements and reports.
- Analyze financial data to identify trends, variances, and opportunities for cost savings and revenue generation.
- Ensure compliance with accounting principles and industry standards.
- Support the CEO in budgeting, forecasting, and long-term financial planning to support the financial health of the organization and its clients.

**Invoicing & Revenue Management**:

- Support and coordinate with the billing team to ensure invoicing processes are optimized, contributing to the overall financial health of the organization.
- Monitor accounts receivable and ensure proper follow-up on unpaid claims; monitor account payables to ensure timely payment.
- Collaborate with customers to resolve accounting issues.
- Keep abreast of industry trends to identify revenue generating opportunities.

**Team Leadership & Training**:

- Supervise and mentor the accounting team, ensuring efficient workflow and meeting deadlines.
- Provide guidance and training to team members on accounting processes and industry practices.
- Perform regular performance evaluations and offer constructive feedback.
- Manage and resolve invoicing and payment complaints from external stakeholders, including clients and vendors.

**Compliance & Auditing**:

- Ensure all accounting practices are compliant with applicable regulations.
- Coordinate and assist with internal and external audits.
- Ensure timely payment of taxes, regulatory fees, and other business-related expenses.

**Accounts Payable & Receivable Management**:

- Oversee accounts payable and accounts receivable functions, ensuring accurate processing of payments, invoicing, and collections.
- Develop and maintain positive relationships with vendors, payers, and clients to streamline payment processes.

**System & Process Improvements**:

- Evaluate and implement software systems and technologies to improve the efficiency and accuracy of financial and accounting processes.
- Continuously improve and document accounting procedures and internal controls.
- Establish standard operating procedures for the accounting department and ensure a lens of continuous improvement.

**Communication & Reporting**:

- Collaborate with various departments (e.g., billing, HR) to provide financial insights and ensure effective cross-functional communication.
- Present financial reports and key performance indicators (KPIs) to senior leadership, including providing advice and guidance related to the implementation of the organizational strategic plan and priorities, improving the overall financial health of the organization.

**Duties**
- 5+ years of experience in accounting, with a focus on medical billing or healthcare finance.
- Strong understanding of medical billing, coding, insurance reimbursements, and healthcare regulations.
- Proficiency in accounting software (e.g., QuickBooks, Sage, or similar) and Microsoft Office Suite (Excel, Word).
- Excellent leadership, organizational, and communication skills.
- Strong attention to detail and analytical abilities.
- Ability to manage multiple tasks in a fast-paced environment.

Pay: From $85,000.00 per year

**Benefits**:

- Dental care
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match
- Vision care

Schedule:

- Monday to Friday

**Education**:

- Bachelor's Degree (required)

**Experience**:

- accounting : 5 years (required)

Work Location: In person

Application deadline: 2025-07-14
Expected start date: 2025-07-14