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Controller

Company: 142013 Westminster Village Inc
Location: Bloomington
Posted on: September 21, 2022

Job Description:

Description:
POSITION: CONTROLLER DEPARTMENT: BUSINESS OFFICE REPORTS TO: CHIEF FINANCIAL OFFICER UNION DESIGNATION: NON-ELIGIBLE FLSA STATUS: EXEMPT Want to be a part of the team responsible for Bloomington Normal's top Senior Living Community? Westminster Village is hiring a Controller. We follow a corporate structure in an environment where everyone knows your name. Apply today to see why we are the employer of choice in the Bloomington Normal community. This position will be responsible for overseeing the day-to-day accounting functions of the Business Office as well as managing accounting records and the production of financial analysis and reporting. This position will have responsibilities for annual budgeting, audit preparation, tax reporting and actuarial studies. Candidate will participate in Independent Living/Assisted Living account set-ups, resident census tracking, billing and collections. Candidate will also work cross functionally with the Health Center on Medicare and Insurance billing. This position requires excellent skills in verbal and written communication, effective time management, extreme attention to detail/accuracy and strong analytic and problem-solving skills. This position is expected to provide a high level of customer support to residents and their families as well as the Leadership and Directors teams of the Organization.

Requirements:
ESSENTIAL DUTIES Prepare monthly bank and GL account reconciliations, monthly and quarterly financial reporting, monthly tax returns, daily maintenance of resident actuarial database, cash management, forecasting, annual budgeting (with ongoing monitoring to actual results), resident ACH payment processing, year-end medical tax deduction calculation for residents and other resident tax requests. Provide support to the CFO for the annual financial audit, 990 tax return and Medicare cost report as well as actuarial studies performed every 3 years. Prepare monthly accounting reports and the annual 990 return for Westminster Village Resident Council as well as assist in their calculations and check preparation for the annual Resident Council team member gift. Prepare monthly Westminster Village Foundation account reconciliations and reporting, as well as the Foundation's annual financial audit and 990 return. Prepare monthly census and revenue reconciliations in conjunction with statement billing preparation (done by the Accounting Coordinator) and detail review statements in trial (draft) format prior to the Accounting Coordinator finalizing. Collaborate with third party provider for billing and processing of Medicare and Insurance claims, reimbursements, denials, and audits and work with the Health Center social services and administrative team to resolve any issues. Review aging reports on a weekly basis, prepare written communications on past due accounts, follow-up verbally on outstanding balances as needed, document interactions and take additional actions steps outlined in the collections policy as necessary. Review and validate census and billing set-ups and changes across all areas of the facility, including resident admissions/discharges, transfers from one level of care to another and the entry of ancillary charges. Use Microsoft Excel to calculate, track, reconcile and analyze data for a variety of ongoing purposes and possess the ability to develop new Excel documents for use in tracking or analyzing new projects or data requested. Optimize computer applications and promote training & use that will enhance the flow of information and improve efficiency and accuracy of accounting and other related procedures. Customer service including but not limited to resident billing, vendor accounts, bank and investor relations and financial reporting/budgeting for Directors. Responsible for new resident orientations as it relates to Business Office functions. Maintain a close working relationship with all departments involved in the functions of the Business Office. Participate in committees or project teams across campus. Demonstrate patience, understanding, and professionalism in interactions. Critical thinking and problem-solving skills to assist the Organization in improving accuracy, efficiency, documented process and overall experience for residents. Candidate will be cross-trained and serve as back-up to the Accounting Coordinator, which includes functions such as daily deposits, accounts payable, check preparation, vendor W-9 maintenance, year-end 1099 work, ancillary charge billing, monthly statement processing, long-term care insurance billing, census management and customer service for phone calls and walk-ins. Continually stay apprised of all local, state and federal tax laws and business regulations that affect the Organization, and ensure that the Organization operates within the proper parameters and maintains compliance with all applicable laws, regulations, licensing, accounting principles, etc. Perform other related duties and responsibilities that may become necessary or as directed by the CFO. SKILLS, KNOWLEDGE AND ABILITIES General accounting knowledge and skill; preferred but not required to include non-profit accounting, cash management, billing & collections (private pay, insurance and Medicare), accounts payable, month-end & fiscal year-end reconciliation & closing procedures, and financial reporting in accordance with generally accepted accounting principles. Ability to stay organized and prioritize multiple projects or deadlines. Ability to work independently, problem solve and analytically interpret data. Ability to deal tactfully and professionally with team members, residents, family members, visitors, vendors and other Organizational partners and stakeholders. Ability and willingness to assume responsibility for accuracy and timeliness of work product. This position has well developed policies, procedures and work routines, but does require the ability to adjust to interruptions in work routine and reorganize workload. POSITION QUALIFICATIONS Bachelor of science degree in the disciplines of Accounting or Finance required CPA preferred Three years prior experience in accounting and deep knowledge of accounting concepts, techniques and principles desired Experience with computerized accounting software systems, including general ledger, accounts receivable and accounts payable modules Must demonstrate proficiency with Microsoft Office including, but not limited to, Word, Outlook and OneDrive; Advanced proficiency in Excel preferred Employee background check must be clear of convictions as described in policy. PHYSICAL REQUIREMENTS: Must possess sight/hearing senses so that the requirements of the position can be fully met Must be able to function independently Occasional lifting and carrying of light loads Occasional bending, standing, stooping and reaching Making repetitive motions of the wrists, hands and/or fingers ENVIRONMENTAL CONDITIONS: Works in office areas as well as throughout the facility and its premises Is involved with residents, family members, vendors, visitors, team members, etc. under all conditions/circumstances Exposure to hazardous or potentially injurious elements or conditions is limited PM22 PI190689921

Keywords: 142013 Westminster Village Inc, Bloomington , Controller, Accounting, Auditing , Bloomington, Illinois

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