Controller - Accounting

Wisteria at Warner Center; Los Angeles (CA); On-site; USD 120,000 - 125,000; Full time

Job summary

Wisteria at Warner Center is seeking a full-time Controller for their new Continuing Care Retirement Community in Woodland Hills, California. The ideal candidate will manage financial operations and ensure compliance with GAAP, while collaborating with staff, residents, and families to enhance community objectives.

Responsibilities include overseeing accounting functions, managing staff, and providing financial analysis and support. A bachelor's degree in accounting and strong leadership skills are required. Compensation ranges from $120,000 to $125,000 with additional bonus potential.

Qualifications

• Bachelor's degree in accounting or related field.
• Minimum of three years experience with general accounting functions.
• Strong knowledge of GAAP and internal controls.

Responsibilities

• Support community objectives with effective financial management.
• Analyze and consolidate financial information for operations.
• Demonstrate leadership and promote STAR Core Values.

Skills

Leadership skills

Financial management

Accounting functions

Customer service

GAAP knowledge

Education

Bachelor's degree in accounting or related field

Tools

Financial systems

Prophix budgeting system

Job description

A brand new Continuing Care Retirement Community opening in the next few months, Wisteria at Warner Center, is hiring a Controller. The Controller is responsible for supporting the community objectives by working effectively and diplomatically with residents, families, staff and owners. The Controller interfaces with clients on a daily basis and analyzes and consolidates financial information for operations. The role involves working with multiple financial systems including billing, payroll, budget, master trust and annual audit. The Controller provides leadership and support to accounting team members, advises department directors/managers and promotes the STAR Core Values.

Location and Compensation: This is a full-time, onsite position located in Woodland Hills, California. Compensation: $120,000 to $125,000 plus 10% annual bonus potential.

Principle Duties

Accounting and Financial Management

• Strong background in financial management, including budget preparation and cash flow management.
• Collaborate with Marketing for new residents with financial move-in processes and entrance fees to be managed with Master Trust.
• Responsible for Resident Master Trust monthly maintenance and reconciliation and onsite repayments.
• Answer resident questions and serve as a resource regarding accounting-related items as needed via office hours.
• Assist with bank reconciliations for different entities.
• Learn billing and support sites/billing coordination with billing and cash receipts as needed.
• Collaborate with consultants on annual onsite audit preparation.
• Learn Medicare and Health Center billing to serve as back up if needed.
• Provide onsite support for financial analysis as needed.
• Manage deferred revenue.
• Collaborate with Community leadership and learn Prophix budgeting system.
• Collaborate with consultants on property tax audit.
• Learn regulatory reporting requirements such as OSHPD and Medicare Cost Reports.
• Manage unclaimed property/escheatment tracking and handling.
• Assist in payroll review and approval process.
• Project support with new initiatives such as F&B QR systems, etc.

General Management And Leadership

• Demonstrate servant leadership and promote STAR Core Values.
• Ensure timely and systematic communications with staff, residents and families via written, in-person and technology-based channels.
• Support directors and train them on financial analysis, variance reporting, and budget management.
• Maintain active relationships with residents through individual and group interactions; interface with resident budget committees and resident councils as needed with Executive Directors and Consultants on quarterly presentations to residents.
• Assist Executive Directors with mid-year and annual budget presentations to residents.
• Ability to work independently with self-discipline and self-motivation.
• Adapt to changing circumstances and maintain strong organizational skills.
• Learn CCRC business model.

Qualifications

• Bachelor’s degree in accounting or related field; thorough knowledge of general accounting functions.
• Demonstrated skills in leadership, supervision, and communication.
• Minimum of three years hands-on experience with G/L, A/P, A/R, Payroll, and financial statement preparation.
• Experience in annual audit preparation and schedules preferred.
• Strong knowledge of GAAP and internal controls.
• Proficient in the use of technology.
• Must have a passion for providing excellent customer service.