What are the responsibilities and job description for the Controller position at WESLEY TOWERS INC?
JOB SUMMARY
The Controller is responsible for the Finance Department. The position’s responsibility is overseeing, procuring, expending, and accounting for all revenues and expenses for Wesley Towers, Inc. and Wesley Towers Foundation operations and reporting these activities in a timely manner to the CEO, the Boards of Trustees, and other organizational staff. This position supervises 3 full-time employees and reports to the President/CEO.
PERFORMANCE REQUIREMENTS
- Provides relevant financial reports to the President/CEO, Boards of Trustees, EMT, and residents as appropriate.
- Consults with the President/CEO and Vice Presidents on any financial concerns and recommends Corporate Financial Policies and Procedures.
- Maintains and recommends improvements in the budgeting system.
- Oversees the budgeting process, which includes the recommendations for approval of the Operational Budget, Capital Expenditures, and Sources of Funding.
- Negotiate and recommend to the President/CEO financial transactions such as loans, mortgages and credit.
- Supervises the Accounts Payable Clerk, Finance Coordinator, Payroll Coordinator/IT.
- Maintain, recommend improvements and furnish reports to the Wesley Towers Foundation which reflects the Restricted Balances and assures funds are used in accordance with the wishes of the donor.
- Prepare financial feasibility plans for new and expansion projects as requested by the President/CEO.
- Coordinate and facilitate an annual independent audit with auditors selected and retained by the Boards of Trustees.
- Maintain financial records and procedures as required by Federal, State and Local statues and regulations.
- Recommend to the President/CEO staffing needs, organizational design and budget consideration for the Finance Department.
- Annually develop goals and objectives for the Finance Department and review progress with the President/CEO.
- Review and update the finance department’s policies and procedures.
- Other duties relevant as an executive team member or as assigned by the President/CEO
Qualifications:
QUALIFICATIONS
The Controller must be qualified by experience and education to address accounting and financial management in general with emphasis in financial management of non-profit health care and residential services in long term care and retirement facilities. A bachelor’s degree in accounting or 5 years’ experience and computer knowledge is preferred. The individual must possess strong supervisory and managerial skills.