Accounting Manager

Life Care Services•Portland, ME

10h•$110,000 - $150,000•Onsite

About The Position

The Cedars is an award-winning nonprofit senior living and healthcare organization in Portland, Maine, serving the community for over 96 years. We are mission-driven and grounded in compassion, integrity, and accountability, committed to delivering high-quality care and support to those we serve. The Accounting Manager is responsible for overseeing all accounting operations, financial reporting, banking coordination, payroll, accounts payable, billing, budgeting, and financial regulatory filings. This role functions as the senior accounting leader with Controller-level responsibility, ensuring compliance with GAAP (Generally Accepted Accounting Principles), maintaining accurate financial records, and overseeing the full accounting cycle, including month-end close and financial reporting. The role reports directly to the CEO and presents financial results to the Board of Directors and Finance Committee. This position is based in Portland, Maine.

Requirements

Bachelor’s degree in Accounting required
5+ years of progressive accounting experience in healthcare, long-term care, or nonprofit accounting
Experience at Senior Accountant, Accounting Manager, or Assistant Controller level required
Strong knowledge of GAAP, financial reporting, and internal controls
Experience with month-end close, audit coordination, and financial statement preparation
Supervisory experience required (AP, payroll, AR)
Strong analytical, organizational, and communication skills
Ability to present financial information to executives and Board-level stakeholders
Strong proficiency in Excel and financial reporting tools
Ability to interpret Medicare and Medicaid (MaineCare) regulations

Nice To Haves

Experience with ERP systems (Oracle EBS, Oracle HCM, PointClickCare, Adaptive Planning, AP Express) preferred

Responsibilities

Coordinate accounting operations and financial reporting with the CEO
Supervise Accounts Payable, Payroll, Accounts Receivable, and Billing functions
Lead operating and capital budgeting and present to CEO and Finance Committee
Prepare monthly, quarterly, and annual financial reports for auditors, regulators, banks, and Board of Directors
Reconcile all bank and balance sheet accounts monthly; ensure general ledger accuracy
Maintain fixed asset and depreciation schedules in accordance with GAAP
Prepare monthly financial statements (income statement, balance sheet, cash flow) by the 10th of each month
Prepare and post general ledger journal entries
Support variance analysis and financial reporting
Ensure compliance with Medicare, Medicaid (MaineCare), Form 990, cost reports, and other regulatory filings
Maintain accounting policies, procedures, and internal controls
Prepare reporting packages for leadership and department heads
Attend Board and Finance Committee meetings as requested
Recruit, hire, supervise, and evaluate accounting staff
Serve as primary liaison to CEO and Board for financial reporting
Lead annual financial audit as primary contact for external auditors
Coordinate risk management and insurance reporting
Report monthly financial position, cash flow, investments, and budget variances
Monitor accounts receivable, including delinquency and bad debt allowance compliance
Prepare bond documentation and monitor debt covenant compliance
Safeguard financial assets of the organization
Maintain resident financial records and business files
Process move-out, death, and deposit refund calculations
Coordinate short- and long-term investments per cash policy
Support resident financial qualification processes
Participate in training and development activities
Perform additional duties as assigned by the CEO