Controller at California Health Care Foundation
Posted in Accounting 30+ days ago.
This job brought to you by Recruitology
Location: Oakland, CaliforniaJob Description:
The California Health Care Foundation (CHCF) is dedicated to advancing meaningful, measurable improvements in the way the health care delivery system provides care to the people of California, particularly those with low incomes and those whose needs are not well served by the status quo. We work to ensure that people have access to the care they need, when they need it, at a price they can afford. CHCF's work is oriented around three goals:
- Improving access to coverage and care for low-income Californians
- Ensuring high-value care
- Laying the foundations
The controller is responsible for managing the foundation's financial systems and financial reporting, including but not limited to the general ledger, payables, and internal and external financial, tax, and regulatory reporting. The controller is a key member of the foundation's management team and is expected to actively promote system and operational improvements. The controller works in our Oakland office and reports to the VP of Finance, Administration & Investments.
- Manage all accounting systems and functions, including the general ledger, accounts payable, and fixed assets systems.
- Define and orchestrate timely monthly and annual close processes, including consolidation of the real estate LLC holding its building.
- Maintain and update accounting policies and procedures, including internal controls. Establish and maintain systems and controls that assure the integrity of all financial systems, processes, and data.
- Manage the foundation's annual external audit process and work closely with the foundation's designated audit firm.
- Manage investment accounting, reviewing, and reconciling periodic reports from investment managers, and preparing monthly and annual journal entries.
- Maintain the Altvia investment document storage system.
- Prepare accounting entries related to the foundation's program-related loan investment portfolio.
- Monitor accounting for, and reporting on, the OAC LLC entity, coordinating as necessary with the property manager to ensure that all activity is properly recorded and explained.
- Supervise the senior accountant (accounts/grants payable and related activities as well as fixed asset accounting)
- Act as backup to the senior accountant for weekly check processing.
- Oversee cash forecasting and calculate proposed investment cash draws to maintain operational funding.
- Initiate investment wires and ACHs.
- Monitor operating bank account daily, and review all monthly reconciliations
- Review details of semimonthly payroll and reconcile payroll 941 reports quarterly.
- Work with the VP of Finance, Administration & Investments to develop the annual budget, which includes projecting and forecasting grant, operating, capital, and investment expenditures. Coordinate with the OAC property manager as they generate the annual OAC budget.
- Oversee the accurate and timely preparation and dissemination of financial reports for management and the board, including but not limited to, monthly and quarterly financial statements, monthly budget reports, and annual fiscal year audited financial statements.
- Manage all federal, state, and local tax and regulatory reporting requirements, including the federal 990, 990T, and various state unrelated business income tax filings.
- As delegated by the VP of Finance, Administration & Investments, support the office manager in her coordination efforts with building property management.
- Work closely with other members of the administrative group to coordinate finance and administrative activities, including HR (payroll), grants administration (payout), and IT (systems).
- Participate in a wide variety of special projects as needed.
The ideal candidate will have the following experience and characteristics:
- BS in accounting and a Certified Public Accountant or Master of Business Administration.
- Minimum of eight years of experience in an organization with a significant operating budget.
- Strong knowledge and experience applying generally accepted accounting principles, procedures, and internal controls.
- Strong managerial experience and skills, with the ability to review work and a willingness to coach and contribute to managing key projects.
- Detail-oriented with strong tactical skills as well as an ability to see the big picture.
- Strong ability and desire to be hands-on but also able to delegate.
- Experience with investment accounting.
- Experience with program-related investment accounting is preferred.
- Proficiency in Microsoft Office Word and Excel applications.
- Significant experience with accounting software, preferably Abila MIP.
- Strong analytic skills.
- Strong verbal and written communication skills.
- Ability to multitask and be flexible in day-to-day duties.
- Ability to take initiative and solve problems.
- Nonprofit/foundation experience is preferred.