What are the responsibilities and job description for the Controller position at Pemberton & Associates?
Pemberton & Associates, a search and talent advisory firm based in Yarmouth, Maine, has been retained to identify the next Financial Controller for InterMed, P.A., the largest physician-owned primary care practice in Maine. InterMed has built its reputation on "Care without compromise," serving 77,000 patients across southern Maine with facilities in Portland, South Portland, Yarmouth and soon to be Scarborough.
Portland, Maine ranks among the top 20 Best Places to Live and safest cities in the U.S. (#3, U.S. News & World Report), with a vibrant food scene, easy coastal access, year-round recreation, and Boston 1 ½ hours away.
At a time when many health systems are experiencing setbacks, InterMed is growing and actively investing in its people and infrastructure. This is a rare opportunity to join a mission-driven organization as a key partner to its CFO and executive leadership team.
Should you have any questions, contact Susan Pemberton, CPA, CIA - sfp@pembertonhr.com
Job Description:
Working under the general supervision of the Chief Financial Officer, this position is responsible for developing, implementing, and maintaining a system of internal controls and audits that will ensure company assets are adequately safeguarded; development and maintenance of the company’s operational and capital budgets; and that all financial reporting, including corporate taxes, are prepared in compliance with relevant accounting standards, laws, and regulations. Works in close partnership with the Chief Financial Officer and executive leadership team, serving as a trusted advisor on accounting, financial reporting, and control matters and as a critical contributor to enterprise-level financial leadership and decision-making.
ESSENTIAL FUNCTIONS
- Accounting Operations & Monthly Close: Owns and oversees the monthly, quarterly, and annual close process, including the close calendar, task assignments, and deadlines. Directs the preparation and review of journal entries, accruals, estimates, reserves, and complex accounting transactions. Reviews and approves account reconciliations and supporting schedules. Ensures GAAP-compliant recording of all transactions.
- Financial Reporting, Audit & Compliance: Manages internal and external financial reporting and leads the annual audit, including audit workpapers, timelines, and liaison with external auditors.
- Budgeting and Forecasting: Oversees annual operating and capital budgeting processes. Oversees the FP&A function through the provision of reliable historical data and reconciled results.
- Treasury & Banking: Oversees banking operations, cash positioning, and reconciliations. Manages accounts payable functions. Supports InterMed’s financing arrangements.
- Payroll Oversight: Ensures accurate payroll accounting, liabilities, taxes, and accruals. Ensures payroll is executed accurately and in accordance with defined schedules.
- Leadership & Supervision: Supervises finance and accounting staff while promoting a strong internal control culture.
- Collaboration & Special Projects: Collaborates across Finance, Operations, and Practice Leadership; performs special projects as assigned. Collaborates with the Director of Payer Contracting and Revenue Cycle leadership to support revenue integrity. Collaborates with Operations Directors and Practice Managers to identify cost-saving and revenue-enhancement opportunities.
- Strategic Financial Support: Provides financial insight and analysis to support strategic decision-making, including corporate investment strategies.
- Board & Executive Presentations: Develops and delivers clear, concise, and board-ready financial presentations, including financial statements, variance analysis, and key accounting matters, to support Board and committee meetings.
- Mission, Vision, and Values: Consistently incorporates InterMed’s mission, vision, and values into the delivery of high-quality services to stakeholders, including patients, physicians, staff, the community, and payers/providers/vendors.
JOB REQUIREMENTS
- Bachelor’s degree in accounting, finance, or related field, with 10 years of progressive accounting experience required.
- Certified Public Account (CPA) preferred.
- Three to five years of direct people management experience required, including leading, coaching, and developing accounting or finance professionals.
- Experience in a healthcare setting preferred.
- Experience using data analytics to inform decision making is required.
- The ability to manage multiple projects in a fast-paced environment.
- Strong understanding of accounting principles and financial reporting. Knowledge of accounting and budgeting software applications.
- Effective communication skills both written and verbal with individuals at all levels within the organization.
- Excellent time management, organizational and project management skills.
- Ability to make recommendations to effectively resolve problems or issues, by using judgment that is consistent with standards, practices, policies, procedures, regulations, and/or government law.
- Proficiency in Microsoft Office suite (Word, Excel, Outlook, and PowerPoint) is required. Advanced Excel modeling is essential.
- Able to handle sensitive information and maintain confidentiality.
- Ability to demonstrate and uphold InterMed’s Values
Salary : $150,000 - $180,000