Spectrum Retirement Communities Corporate Office Hiring for SVP, Finance & Accounting Job at Denver, CO Full Time

As a key member of the executive team of Spectrum Retirement Communities, the SVP of Finance and Accounting (SVP, F&A) reports to the President and assumes a strategic role with responsibility for directing the fiscal functions of the company and various entities utilizing financial management techniques and practices appropriate within the industry and in accordance with generally accepted accounting principles issued by the Financial Accounting Standards Board, the Securities and Exchange Commission, and other regulatory and advisory organizations.

Position is located at Headquarters in Denver, CO (not remote)

ESSENTIAL JOB FUNCTIONS:

The SVP, F&A primary day-to-day responsibilities include planning, implementing, managing, reporting, and controlling all financial activities of the company. This will include the development of a financial and operational strategy, key indicator metrics, and the ongoing development and monitoring of control systems designed to improve efficiencies, preserve company assets and report timely and accurate financial results. The SVP, F&A is responsible for complex operating and ownership accounting and is responsible for overseeing accounting and finance at the Community and Corporate levels.

The SVP, F&A manages the opportunities and challenges of a rapidly growing company, requiring the expertise and professional judgment to determine when to revise financial policies and procedures, plans and forecasts and how to effectively standardize practices. The SVP, F&A will be responsible for implementing strong financial controls and systems with the flexibility to scale to rapidly expanding business opportunities.

The successful SVP, F&A candidate is an experienced and proactive leader that develops a deep understanding of the processes and systems within finance and accounting and how they connect to the organization as a whole. The SVP, F&A has strong communication skills and the ability to work with the various departments that comprise Spectrum in order to understand their needs and foster the necessary financial and accounting support to enable and empower the management of the departments and the company as a whole. The ideal candidate works well leading multiple projects/activities simultaneously and applies advanced financial knowledge and tools to propose, direct, and integrate solutions to organizational problems and opportunities. The successful candidate demonstrates the discipline and systems-orientation of a successful established company, coupled with the creativity and nimbleness of an entrepreneurial venture.

Currently the SVP, Finance and Accounting will lead a team of financial professionals with [6+] Direct Reports and a total of [45-50] team members.

• Oversee leadership and management for all accounting divisions of the company, including Corporate Accounting, Investor Accounting, Executive Accounting, Construction Accounting, and Property Accounting.
• Implement a comprehensive set of controls and budgets designed to mitigate risk and enhance the accuracy of the company’s reported financial results, driving relevant reporting to business leaders and executive team.
• Collaborate with the SVP, Capital Markets and Financial Planning, as well as others in Senior Management to develop operating budgets, forecasts, and other financial analyses.
• Continue to improve the budgeting process through education of departmental managers on financial issues impacting department budgets.
• Partner with the SVP, Capital Markets and Financial Planning to enhance and reinforce parameters for financing, guarantees, loan covenants, reserves and other construction and/or lease-up obligations to ensure continuity and controls are adhered to and achieved.
• Monitor financial performance by measuring and analyzing financial and operational results in order to recommend and initiate various revenue enhancements and cost control margins to achieve company goals. Ensure timeliness and accuracy of monthly, quarterly and annual financial statements and IRS filings.
• Provide the President of Spectrum Retirement Communities and executive leadership team with strategic counsel grounded in thorough knowledge of the company’s financial position, needs, growth opportunities and activities.
• Ensure the integrity, accuracy and completeness of information prepared and reported.
• Plan, develop, organize, implement, direct and evaluate the organization’s fiscal function and performance both at the corporate and multisite level.
• Evaluate the accounting and finance team structure and develop a plan to improve the group’s efficiency and effectiveness that provides opportunities for professional growth and development.
• Act as an advisor from the financial perspective on contracts into which the company may enter.
• Participate in the development of the company’s plans and programs as a strategic partner.
• Monitor and provide recommendations on various revenue enhancement and cost control measures to implement.

SECONDARY JOB FUNCTIONS:

• Preserve and protect the privacy, confidentiality and security of all records, proprietary and other confidential information in accordance with all applicable laws and company policy.
• Promote company in a positive manner and lead by example, modeling our core values in everyday behavior.
• Follow company’s policies, procedures, and manuals.
• Accept other duties as assigned.

EDUCATION AND EXPERIENCE REQUIREMENTS:

• 10-15 years or more of Financial/Accounting experience in a multi-faceted operating business environment.
• 5-7 years public accounting experience preferred.
• CPA preferred.
• Strong management experience required; this position is responsible for the direct supervision of the development and operating company controllers and cash management supervisor
• Accounting and Finance leadership experience in a multi-location, hospitality or operating company environment is highly preferred.
• A minimum of a bachelor’s degree in finance, accounting, or related discipline is required. MBA preferred.

KNOWLEDGE, SKILLS, AND ABILITIES:

• Must be comfortable at both the strategic level and in a very “hands-on” environment; able to think strategically and act tactically.
• Must have strong project management expertise.
• Able to influence and establish credibility throughout the organization as an effective developer of solutions to business challenges.
• Demonstrated business acumen, a strategic mindset, and a collaborative leadership approach.
• Ability to articulate complex financial and legal information that enables the best possible outcomes.
• Ability to motivate leaders and team members while optimizing performance and profitability.
• High degree of accountability, both in terms of following through on commitments and deadlines and at the individual and team levels.
• Demonstrated ability to manage and motivate teams to produce quality materials/results within tight timeframes.
• Self-motivated, organized and professional in manner and appearance; possess good public relations, verbal and written communication skills.
• Strong problem-solving skills, effective conflict management, and a customer service orientation are required.
• Strong computer skills, including spreadsheets, presentations, databases and other document creation software; Yardi experience preferred but not required
• Ability and willingness to develop a detailed knowledge of the various functions within the company, the business drivers that effect performance, and the industry as a whole in order to pinpoint areas for improvement and develop offensive solutions.
• High energy, resiliency, flexibility and the ability to manage multiple priorities and make ongoing decisions.
• Confident and approachable.
• Operates with a high level of integrity and dependability with a strong sense of urgency and results-orientation.

PHYSICAL DEMANDS

• Must be able to sit, stand, bend, lift, push, pull, stoop, walk, and move frequently during working hours
• Must be able to read, write, speak, and understand the English language
• Must be medically able and willing to wear a NIOSH-approved tight-fitting respirator (N95 mask), if required by and in accordance with federal or state regulations or Spectrum policy.

OTHER REQUIREMENTS

• The safety of our Residents and Team Members is our top priority. To help accomplish this, all team members must be fully vaccinated against COVID-19 in accordance with our company policy.

Salary $200k – $250k / DOE

The above statements reflect general nature and level of work considered necessary to perform the essential functions of the job identified and is not a detailed or exhaustive description of all work requirements that may be inherent in the job. Not all functions listed may be performed and other duties may be assigned to meet business needs as determined by the Company.

About Spectrum

Spectrum Retirement Communities, LLC is committed to promoting diverse and inclusive communities that celebrate the differences in our team members and residents. We believe different backgrounds and beliefs contribute to an enhanced culture and provide a greater ability to innovate, relate, and engage. We celebrate and welcome diversity in race, gender, religion, sexual orientation, ethnicity, and physical ability.

Spectrum Retirement Communities, LLC is a national senior living owner/operator. We have communities in nine states offering independent living, assisted living, and memory care. For more information or to view other opportunities, visit www.SpectrumRetirement.com/Careers.

Spectrum Retirement Communities, LLC and its affiliated companies are Equal Employment Opportunity employers. We also participate in the E-Verify program, a service of DHS and SSA.

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