An accounting team is a group of professionals responsible for managing and overseeing a company’s financial activities. Hansei’s accounting team ensures that all financial transactions are accurately recorded, financial statements are prepared, and financial reports are produced. Here are some of the common responsibilities of our accounting team:
Hansei’s accounting team includes Reid Halsey (Vice President of Finance), Sheryl Carpenter (Controller), and Tanvi Mohta (Financial Analyst). Together they are responsible for Hansei’s finances, accounting, and more – ensuring the company can reach customers across the behavioral health industry.
Reid Halsey, Hansei’s Vice President of Finance, says that he can “go on forever” about the things he loves about Hansei. He and his team believe in the company’s mission and vision to revolutionize behavioral healthcare through revenue cycle and technology solutions. He believes in the cool, fun, market-disruptor culture found at Hansei.
Hansei is more than just a billing company – it is the result of a leadership team that comes from different backgrounds, who could see where cracks existed in billing, insurance, and compliance. All of Hansei’s teams came together to fill those cracks in the system, be the middleman between providers and payers, and help make treatment more accessible for people and families. This helps ensure that providers are getting paid for the services they provide – and allows them to partner with a team that allows them to spend more time doing what they love instead of spending time focused on the numbers.
Tanvi: As a Financial Analyst at Hansei, my role is multifaceted and dynamic. This includes planning, budgeting, forecasting activities, and ensuring our monthly financial reporting remains robust and insightful. I work closely with cross-functional teams at Hansei to drive process improvements and achieve strategic goals.
Sheryl: While I do have set tasks that I do each day and each month, my day-to-day can vary greatly depending on our partner’s or other department’s needs. I usually begin my day by checking financial accounts, handling various transactions, and reviewing and responding to emails. After that, I tackle my list of tasks and projects. Every day can be different. I love the variety.
Reid: When I started with Hansei and started understanding our business, it became clear that Hansei was founded on a systematized, tech-forward approach to solving problems in the market. That really resonated with me, and my vision for the Finance team is an extension of that – obtaining an understanding of our processes, identifying gaps/inefficiencies/risks, and implementing systems to address them.
Sheryl: I love the operations side of accounting. I enjoy developing efficient processes and implementing new systems. I knew that coming to Hansei would involve a lot of this, and I could not wait to get started! Working for Hansei specifically, I was very interested in the company’s focus on improving insurance coverage for mental health and substance abuse.
Reid: Thus far, certainly, one of our biggest accomplishments has been implementing a new spend management solution called Airbase. Airbase consolidates all non-payroll spend into one centralized platform where budget owners have complete visibility and control over their department costs. It also allows for easier tracking, verification, and coding of transactions for the Finance team at the back end. Systematizing our spending in Airbase is the first of many automation projects on the team’s roadmap.
Tanvi: I’m incredibly proud of our team’s dedication and hard work. Since day one, they have continuously improved processes, shaping our finance team into what it is today. Recently, I completed building a forecast for our direct labor, which provides each department at Hansei with a comprehensive overview of key metrics. Among other critical KPIs, one of those metrics includes determining staffing needs to meet our forecasted revenue. This newfound visibility is truly exciting and has the potential to be a game-changer for us. We have several other exciting projects in the pipeline to enhance processes and boost efficiency across the board!
Sheryl: The biggest accomplishment that will be the most visible is our conversion to Airbase as a spend management software. Setting up and preparing for this transition has been a significant project, but it will streamline our payment and spending processes, making them much more accessible.
This change will also give our department heads greater visibility into their spending, enabling us to make informed decisions. By improving internal efficiencies and fostering better collaboration with our partners, this implementation will significantly enhance our overall operational effectiveness.
Hansei’s accounting team is committed to aligning strategies with the company’s objectives – including remaining compliant with the regulations of the accounting industry. The team is dedicated to understanding what it takes and using data to help make the company more efficient.
Learn more about Hansei’s company culture here.