Staff Accountant in Waltham, MA at Benchmark Senior Living

Date Posted: 3/28/2020

Job Snapshot

Job Description

Join Benchmark, a new type of senior living company. At Benchmark, we impact lives through human connection. We are thought leaders creating quality experiences and inspiring personal growth for all who engage with us. We just happen to imagine, build and manage beautiful, private-pay communities geared toward older adults. Are you Called to Care about your work, other people and making a difference? Do you believe that people and teams are Better Together than going it alone? Are you always striving to Be the Benchmark by which all others are measured? Then our core values match. Connect with us –and to what truly matters! 

Benchmark Senior Living (BSL) was founded in 1997 by Tom Grape, CEO, and is the largest provider of senior housing in New England. We also currently employs approximately 6,400 employees.  The Company, with its corporate offices located in Waltham, MA, offers the highest quality of service and care with the warmth and hospitality of home. Benchmark Senior Living is a leading service provider in several key areas including: independent living, assisted living, memory care, skilled nursing and short stay programs. With a choice of lifestyles and differing levels of care, the company is able to tailor its services and/or living arrangements to suit the needs of each resident.

The Community Staff Accountant is responsible for day to day accounting and reporting for a group of communities within the Benchmark portfolios as well as assisting in month-end close related tasks.  This role serves as the main point of contact for any financial related needs for community business partners, such as Executive Directors (ED) or Directors of Business Administrations (DBA).  As the primary financial resource, the Community Staff Accountant must provide exemplary customer service both internally and externally.

The responsibilities also include the timely preparation of monthly financial packages, maintaining accurate and detailed workpapers, as well as coordinating and communicating financial information and results to community personnel

PRINCIPLE DUTIES AND RESPONSIBILITIES

 Accounting

  • Prepare and post standard journal entries
  • Process and review resident move out accounting requests via ticket system
  • Analyze general ledger, process community accruals and prepare reconciliations for designated accounts.
  • Maintain monthly balance sheets reconciliations, including, but not limited to:
    • Accrued account reconciliations
    • Prepaid account reconciliations
    • Accounts Payable reconciliations
    • Bank account reconciliations
    • Intercompany reconciliations
  • Review and reconcile all subsidiary reports to the general ledger including rent rolls
  • Build a strong business partnership relationship with community personnel within community responsibility cluster
    • Maintain an open line of communication between the Executive Directors and Directors of Business Administrations
    • Coach and support Executive Directors/Director of Business Administrations on Sarbanes-Oxley monthly closing P&L
    • Work with communities to gather, maintain, and validate budget to actual variance explanations; provide guidance in all accounting areas
    • Conduct monthly financial review calls with each assigned community and the correlating Business Partners (Regional Director of Operations)
  • Prepare, analyze and report out on monthly financial packages including income statement, balance sheet, and other reporting documents
  • Understand assigned balance sheet account reconciliation’s purpose, procedures and analysis.
  • Meet closing deadlines tracked in Flocast on assigned accounting areas
  • Departmental projects and initiatives related to enhancing the effectiveness and efficiency of existing processes and implementing new processes.
  • Coordinates interim and year-end audit work papers for internal review by Assistant Community Controller and Community Controller as well as external Auditors
  • Provides financial information, as needed, to internal budget and forecasting staff
  • Perform ad-hoc analysis and troubleshooting of matters as they arise.

Job Requirements

 EDUCATION/EXPERIENCE/LICENSURE

  • BS or BA degree in accounting, finance or business from accredited college or university 
  • 2+ years relevant experience