Assistant Controller (Cleveland)

Company Description:

1585 Healthcare is an investment firm focused on acquiring, investing in, and growing healthcare businesses that facilitate the delivery of quality healthcare. Our goal is to drive better health outcomes for older adults and the underserved by building a platform that better aligns the incentives of healthcare payors, providers, and patients. Our portfolio companies include revenue cycle management (RCM), Billing and RCM technology, management services organization (MSO), behavioral health, home health, non-emergency medical transportation, and other healthcare services. Unlike traditional private equity firms, we take a long-term, hands-on approach by partnering closely with our portfolio companies to drive operational excellence, financial discipline, and sustainable growth.

We are seeking an Assistant Controller with strong accounting expertise, healthcare knowledge, and excellent interpersonal skills to support a growing portfolio company. Reporting directly to the CFO, this role will play a critical role in financial and tax reporting, acquisition integration, operational improvements, and strategic finance initiatives.

This role is ideal for someone who thrives in a fast-paced, entrepreneurial environment, enjoys solving complex problems, takes ownership, is highly motivated to learn, and is eager to grow beyond a traditional accounting role.

Responsibilities

· Own and manage the monthly close process and prepare monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with U.S. GAAP and healthcare reporting standards.

· Oversee day-to-day accounting and finance operations, including accounts receivable, accounts payable, payroll, treasury, lease accounting and fixed assets.

· Collaborate with the operations and data teams to manage complex revenue recognition processes, including reviewing billing data, invoicing customers, tracking collections, and reconciling revenues to payor and internal reports.

· Serve as a key point of contact for external auditors, tax advisors, leading PBC preparation, walkthroughs, and responses to audit and tax inquiries.

· Improve accounting processes, strengthen internal controls, and enhance finance operations following acquisitions.

· Develop, monitor, and report on financial KPIs to assess performance and identify risks and opportunities.

· Support budgeting, forecasting, and variance analysis, lender reporting, cash flow planning, and other strategic finance initiatives.

· Mentor, supervise, and develop accounting staff, fostering a collaborative, high-performing team environment.

· Take ownership of special projects and strategic initiatives, demonstrating a proactive mindset and willingness to learn new accounting, finance, and operational areas as the business continues to grow.

Qualifications

· Bachelor’s degree in accounting, finance, or related field; CPA license preferred.

· 7+ years of public and/or private accounting experience. Healthcare services industry experience is required.

· Excellent Microsoft Excel skills are required, including proficiency with complex formulas, pivot tables, lookups or index-match, sumifs, data analysis, and building dynamic schedules and reports.

· Strong technical knowledge of U.S. GAAP, financial reporting, and consolidations.

· Experience with ERP/GL systems (e.g., QuickBooks Online, Sage 50, Sage Intacct, or similar).

· Excellent analytical, problem-solving, organizational, and communication skills.

· Demonstrated ability to improve processes and implement internal controls.

· Self-motivated, intellectually curious, and eager to continuously learn. Able to thrive in a fast-paced, entrepreneurial environment, adapt quickly to changing priorities, take ownership of new challenges, and manage multiple initiatives simultaneously.

· Mentor, supervise, and develop accounting staff, fostering a collaborative, high-performing team environment.

· Take ownership of special projects and strategic initiatives, demonstrating a proactive mindset and willingness to learn new accounting, finance, and operational areas as the business continues to grow.

Qualifications

· Bachelor’s degree in accounting, finance, or related field; CPA license preferred.

· 7+ years of public and/or private accounting experience. Healthcare services industry experience is required.

· Excellent Microsoft Excel skills are required, including proficiency with complex formulas, pivot tables, lookups or index-match, sumifs, data analysis, and building dynamic schedules and reports.

· Strong technical knowledge of U.S. GAAP, financial reporting, and consolidations.

· Experience with ERP/GL systems (e.g., QuickBooks Online, Sage 50, Sage Intacct, or similar).

· Excellent analytical, problem-solving, organizational, and communication skills.

· Demonstrated ability to improve processes and implement internal controls.

· Self-motivated, intellectually curious, and eager to continuously learn. Able to thrive in a fast-paced, entrepreneurial environment, adapt quickly to changing priorities, take ownership of new challenges, and manage multiple initiatives simultaneously.

Perks and Benefits (What we Offer):

· Competitive salary and multiple health benefit options

· Career growth and development

· Mentorship and continued learning opportunities

· Engaging and mission driven workplace

· 401(k) matching