Job Description
The Senior Financial Reporting Analyst will partner with community accounting staff and operations leadership to ensure timely and accurate financial reporting, analyze community performance, aid in business decision support, and provide other training and support as needed and be responsible for financial oversight of communities as assigned
Experience is Everything :
At LCS, experience is everything. We provide you the opportunity to use your talents in a progressive, growing organization that makes a positive difference in the lives of the seniors we serve.
If you are seeking an organization that gives back, you'll love working here. Our principles and hospitality promise define our company culture.
LCS employees can be found participating in volunteer activities, getting involved in our committees or collaborating with team members in our innovative workspace.
You'll find several opportunities to grow as a professional, serve the community, and enhance the lives of the seniors.
The Role :
- Supports operations in all accounting functions to aid in business decisions of assigned communities
- Oversight and participation in community financial reporting and internal controls to ensure timely and accurate reporting
- Provides accounting and system guidance to accounting staff
- Reviews balance sheet reconciliations for completeness, reasonableness and accuracy
- Prepares calculations for entrance fee amortization, future service obligation and deferred cost amortization, if applicable
- Functions as interim accounting director, as needed
- Reviews the monthly financial statements prepared by the field or corporate staff accountants
- Monitors the A / R Aging report and works with the community to develop an action plan to reduce A / R balances to meet LCS benchmarks
- Participates in hiring and training of on-site accounting directors and staff, when applicable
- Performs operational audit of on-site accounting functions to ensure proper internal controls and procedures are in place;
recommends improvements as needed
- Provides feedback to community leadership regarding the status of the on-site accounting staff
- Assists community leadership with preparing presentations to Board and Owners, as requested
- Supports financing / refinancing activities
- Prepares analysis, comparisons and forecasts
- Analyzes financial results and operating impact
- Prepares comparisons of financial results across periods and / or between communities
- Utilizes benchmarking and comparisons to evaluate community performance
- Contributes as an active member to the community finance team
- Performs as a department team member by assisting co-workers with overloads as time permits, training new co-workers, and contributing to team projects
- Assists with policy and procedure and best practice documentation
- Trains LCS and community employees on financial systems and other financial topics
- Assists with the design, development, and roll-out of new or enhanced financial systems including updates to instructions, enhancements to models and testing changes
Experience and Qualifications :
- Four year degree in accounting / finance and minimum two years of related experience
- Familiarity with Life Plan and / or long-term care industries preferred
- Must possess analytical and problem-solving skills necessary to solve accounting problems of medium difficulty
- Working knowledge of accounting systems (Accounts Payable, Payroll, Billing, General Ledger)
- Proficient with Microsoft products (Excel, Word, etc.)
- Solid understanding of customer service principles, and the ability to apply them
- Strong oral and written communication skills. Use of proper grammar, content, and identified standards / format
- Ability to handle multiple responsibilities, prioritize work schedules, and complete tasks by desired due dates
- Strong time management and organizational skills with willingness to work additional hours as needed to meet organizational deadlines
Knowledge and skills :
Flexible and able to handle changing priorities and interruptions
Ability to interact with a wide range of people including field personnel, auditors, and all levels of LCS personnel
Why LCS?
Industry leader. The Nation's third-largest senior living operator ranked number one in customer satisfaction among senior living communities.
Inclusive and collaborative culture . We're dedicated to diversity, equity, and inclusion and have an engaged Diversity and Inclusion Council focused on creating awareness and educating employees on inclusivity.
In addition, LCS creates a collaborative culture that provides an exceptional experience for every employee.
Top Workplace USA : LCS has earned the 2023 Top Workplaces USA award and is recognized for our strong company culture and engaged workforce.
In addition, LCS earned ten culture excellence awards in areas such as DE&I practices, top managers, professional development, and clued-in leaders, to name a few.
Top Workplace Iowa : LCS employees truly believe we are an employer choice. This recognition, for 4 years running, is in large part due to the culture of excellence that our employees help deliver every single day.
Competitive pay, great benefits and vacation time. We are an equal opportunity employer with benefits including medical, dental, life insurance, disability, 401(k) with company match and paid parental leave.
Charity and community involvement. We are recognized as a national team for the Alzheimer's Association and consistently a top contributor to United Way.
We also support our employee's individual community contributions and provide opportunities to get involved at our corporate locations and in our communities.
Outstanding advancement opportunities. LCS is growing and we think you should too. Our company growth allows for internal growth opportunities across all of our business lines.
Ongoing career development. Onsite education opportunities, education assistance, and continuing education credits allow LCS employees to keep their knowledge of current industry changes relevant.
LCS creates living experiences that enhance the lives of seniors. You'll see this commitment in our people. They're talented, dedicated professionals who truly care about residents, with each conducting his or her work with integrity, honesty, and transparency according to the principles of LCS.
We strive to help every community succeed-strengthening available resources, establishing proven practices that lead to long-term growth and creating lasting value for those living in, working for and affiliated with the community.
Check us out on our website : www.lcsnet.com
Travel Frequency : 0-10%
Job Level : B
Estimated Salary Range : $72,000 - $91,000
The actual salary offer will carefully consider a wide range of factors, including your skills, qualifications, experience, and other relevant factors.
A POST-OFFER BACKGROUND CHECK, INCLUDING REFERENCES, IS REQUIRED
LCS IS AN EQUAL OPPORTUNITY EMPLOYER