What are the responsibilities and job description for the Controller position at McGregor Foundation?
Financial Controller
The McGregor Foundation is a recognized leader of innovation and high-value services in meeting the changing needs of Cleveland's seniors throughout Northeast Ohio. McGregor is committed to promoting individual choice by providing options, guidance and support along life’s journey. We at McGregor practice and express our purpose every day through four fundamental values: Respect, Community, Trust, and Impact.
Summary
The Financial Controller is responsible for overseeing all accounting and financial reporting functions for the senior living organization. This role ensures the accuracy, integrity, and timeliness of financial information while supporting operational leaders with insightful analysis. The Controller plays a critical role in compliance, budgeting, audits, internal controls, and financial strategy, with a strong understanding of the regulatory and reimbursement environment specific to senior living (e.g., Medicaid, Medicare, private pay, and philanthropic funding).
Key Responsibilities
Financial Reporting & Accounting
- Oversee the monthly, quarterly, and annual close processes, ensuring accurate and timely financial statements.
- Prepare and review balance sheets, income statements, and variance analyses.
- Ensure compliance with GAAP and applicable federal and state regulations.
- Maintain the general ledger, chart of accounts, and accounting policies.
Budgeting & Forecasting
- Lead the annual budgeting process in collaboration with operations, clinical, and executive leadership.
- Analyze budget-to-actual results and provide clear explanations and recommendations.
Compliance, Audit & Internal Controls
- Manage annual financial audits, tax filings, cost reports, and regulatory reporting requirements.
- Ensure compliance with Medicaid/Medicare reimbursement rules.
- Design, implement, and monitor internal controls to safeguard assets.
Cash Flow & Treasury Management
- Monitor cash flow, reserves, and liquidity.
- Oversee accounts receivable and payable, including resident billing and collections.
- Support debt compliance, covenant reporting, and lender relationships.
Leadership & Collaboration
- Supervise and mentor accounting and finance staff; foster a culture of accountability and continuous improvement.
- Partner with executive leadership and community-level operators to support sound financial decision-making.
- Translate complex financial information into clear, actionable insights for non-financial leaders.
- Identify and implement process improvements to enhance efficiency, accuracy, and scalability.
- Support system integrations and upgrades related to growth or operational changes.
Qualifications
- Bachelor’s degree required.
- Minimum 4 – 5 years of healthcare finance required.
- Supervisory and management experience required.
- Strong verbal and written communication skills required.
- Highly organized, detail-oriented, and able to manage multiple projects simultaneously.
- Proficient in all Microsoft Office products including Word, Excel, Outlook, Teams, Access, and PowerPoint.
Benefits
**Health/HSA, Dental, Vision, 403b Matching Retirement plan, Employer paid Life Insurance, optional Voluntary Life coverage, STD, LTD, Critical Illness and Accident coverage. Paid Time Off, Sick Time and Paid Holidays.
McGregor is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.
Salary : $110,000 - $140,000