Summary/Objective:
The Director of
Finance and Accounting is responsible for all aspects of financial operations,
recordkeeping, reporting, loan compliance, audit, and budget creation for
Senior Housing Options, Inc. and all its properties, and manages a team of
individual contributors carrying out the functions of property accounting,
audit, accounts receivable and accounts payable. As a member of the Senior
Housing Options, Inc. leadership team, the Director of Finance and Accounting
informs other directors and the Chief Executive Officer on best practices in
financial operations. The Director of
Finance and Accounting is also responsible for presenting the financial
statements and discussing the financial health of the organization with the SHO
Board of Directors.
Essential Functions:
· Responsible for establishing, monitoring,
training on and enforcing financial policies and procedures to maintain
operational excellence, efficiency and ethical and legal compliance
· Establish and monitor internal financial
controls
· Ensure development of annual budgets for Senior
Housing Options, Inc. and its properties
· Accomplish preparation, review and delivery to
the Chief Executive Officer and the Board of Directors’ Financial Committee of
accurate a complete monthly financial statement for Senior Housing Options,
Inc. and its properties, including Profit and Loss Statement, Balance Sheet,
current Accounts Receivable and Accounts Payable, variance reporting, bill
backs, personal needs accounting, payroll reconciliation, capital spending, summary/overview,
and recommendations.
· Drive completion of outside audits and tax
return preparation (990).
· Ensure accurate allocation of expenses to
properties and Senior Housing Options, Inc. to maintain efficient and
profitable business operations
· Oversee HUD billing process and verify timely
receipt of funds, including ensuring funding renewals and rent increase
schedules for HAP contracts are handled appropriately
· Maintain banking relationships, lending (abstract
loans, ensure loan compliance including deliverables insurance certificates,
mthly reporting, lender required reserves) and regulatory agency contacts,
Yardi software needs and updates, and Medicaid billing systems to ensure
ongoing receipt of funds and efficient financial operations
· Review and respond to all internal and external
financial audit requests
· Oversee annual reporting for all tax
requirements, including exemptions and specialized funding, billing and other
financial requirements, SAMS renewal, and all required renewals to maintain
501c3 and other property standings.
· Serve as subject matter expert consultant to
directors, administrators and managers regarding complex financial and
accounting issues and ethical financial practices
· Provide specialized reporting and analysis to
inform strategic plan of the organization – and modeling for business
opportunities which could include development, re-financings, acquisitions at
the request of the CEO or Board.
· Responsible for overseeing relationships and
requirements relative to our funding partners.
· Supervise the Medicaid billing process to ensure
accuracy and timeliness.
· Supervises a staff of professionals.
Work
Environment:
· Sitting for long periods, standing and walking
intermittently
· Using office equipment such as computer,
mouse, keyboard, printer
· Indoor office environment, temperature
controlled
Competencies:
· Ability to get
work done through others, and effectively lead a team of employees
· Demonstrates the ability to build and foster a
strong, inclusive culture that promotes collaboration, respect, and shared
goals. Consistently encourages open communication, values diversity, and
inspires high performance through positive reinforcement and team engagement.
Committed to creating an environment where employees feel valued, supported,
and motivated to contribute their best work towards the organization’s mission
and objectives
· Skilled at
communicating clearly both verbally and in writing, including the ability to provide non‐technical assistance in a simple, straightforward manner
· High level of
expertise in accounting methods, best practices and financial audits
· Commitment to fulfilling the mission of Senior Housing Options,
Inc. to provide safe, affordable housing and caring services for seniors and
people with disabilities
· Maintain a professional demeanor and respond with urgency
· Show strong teambuilding and interpersonal skills in dealing with
difficult employee issues
· Understanding of discretion needed in handling confidential
information
· Self-directed, accountable for results and proactive; independent
problem solver
Education
and Experience:
· Bachelor’s degree
in accounting, CPA preferred
· 3-5 years’ prior
experience in a director-level accounting role preferred
· Ability to read,
write, speak and understand the English language fluently, and communicate
verbally and in writing at a professional level
Expected
Hours of Work:
This role is
considered full-time, exempt from overtime.