Controller

ControllerSupervisor

Job Title:

Chief Financial OfficerFLSA Status

Exempt/SalariedPurposeThe Controller oversees and manages the operational financial activities of Commonwealth Senior Living (CSL) and the communities that it manages or for which it provides bookkeeping accounting services.

Qualifications

• Bachelor’s degree with concentration in Accounting or Finance
• CPA license preferred
• Minimum 5 years supervising a staff of 3 or more individuals in the accounting function
• Experience working with multi-entity organizationsCompetencies
• Financial Management
• Business Acumen
• Communication Proficiency
• Ethical Conduct
• Leadership
• Performance Management
• Personal Effectiveness/Credibility
• Problem Solving/Analysis
• Strategic Thinking
• Technical CapacityAreas of Primary Responsibility
• Overall development and management of the accounting staff in the areas of accounts payable, accounts receivable, treasury, general accounting and financial systems
• Direct management of the General Accountants and Treasury Accountant
• Liaise with CSL Communities on accounting policy, procedure, and training
• Establish and maintain internal controls to support the financial infrastructure
• Review and approve short-term cash flow projections
• Prepare long-term cash projections
• Review and approve intercompany transactions
• Ensure cash controls and compliance
• Review and approve funding requests sent to owners for funding
• Review and approve ACH and Wire requests originated in Treasury
• Serve as final point of escalation for Accounts Receivable/Accounts Payable issues if the Assistant Controller is unable to resolves the issues
• Oversee monthly financial close and related management, internal, and external reporting to ensure timely completions
• Serve as a key point of contact for external auditors, manage preparation and support of all external audits
• Manage annual budget process and assist communities and departments in the preparation of their budgets
• Develop and maintain finance and accounting policies and procedures in compliance with professional standards, state and federal regulatory requirements.
• Develop and maintain accounting systems conventions, access, & user control
• Prepare required reports under debt covenant compliance reporting timely
• Develop and maintain report formats and reporting systems
• Detail review of the monthly workpapers and financial statements prepared by General Accountants.
  
  

Communicate corrections/adjustments as necessary.

• Detail review of the CSL Management Company monthly workpapers and financial statements
• Issue monthly financial statements and other financial reporting in accordance with timelines established
• Ensure timely compliance of all tax matters and provide financial information as requested
• Manage and approve the year end Form 1099 preparation and reporting
• Manage and review the process for recording costs as regional support costs at the community level
• Focus on perpetual improvement of accounting and financial reporting processes
• Develop and manage the Assistant Controller and General Accountants
• Special projects as requested