Description
The Robinson Group is seeking an experienced property management accountant for the role of VP of Accounting.
PRIMARY FUNCTION
PRIMARY FUNCTION
- Responsible for the overall operations of the accounting department. The Director of Accounting ensures that all property financials are delivered on-time and are correct.
- The position will have primary day-to-day responsibility for planning, implementing, managing, and controlling finance and accounting related activities of the company.
- Provide leadership and guidance to accounting staff, developing cohesiveness and cooperation between accounting and all within the Property Management division.
- Role includes direct responsibility for various accounting and finance functions, forecasting, planning, analysis, and assistance with a variety of other support functions within company
- Planning, directing, and coordinating all accounting operational functions
- Deliver quality work on tight deadlines, with strong organization and priority setting skills.
- Maintain a system of controls over accounting transactions.
- Analysis, creation, and revision of departmental policies and procedures aligned with company vision and policy.
- Ensure consistency and accuracy of financial and operational data on reports.
- Manage coordination of new Property Management properties and post-acquisition activities
- Maintain an orderly accounting filing system
- Responsible for holding their team accountable in the completion of assigned tasks and following policies and procedures
- Demonstrate ability to understand financial goals and operate asset in owners’ best interest
- Work in compliance with the company’s financial policies and procedures
- Prepare monthly, quarterly, and annual financial statements for owners, investors, and lenders
- Leads the accounting team through the full cycle accounting process, including recording daily transactions, month end journal entries, balance sheet reconciliations, and financial statement distribution.
- Own and drive the month end close process and enable accurate and efficient financial results and reporting within tight deadlines
- Evaluate weekly cash analysis to determine payment of bills
- Monitor bank account activity and verify that bank reconciliations were completed properly
- Ensure that debt payments and utilities are made on a timely basis
- Assess and record tax and insurance accruals
- Manage the annual budget process and implementation
- Calculate variances from the budget and report significant issues to management
- Prepare lender required paperwork for periodic audits
- Handle all banking and lending requirements as required.
- Perform capital planning requirements
- Review vendor payments to ensure accuracy/proper authorization provided.
- Review monthly financial statements for property management portfolio.
- Review common area reconciliations/prepare if necessary.
- Track sales, prepare invoices, issue payments
- Prepare cash flows for managed properties
- Ensure consistency and accuracy of financial and operational data on reports.
- Work with property managers and regional teams to develop and review annual budgets.
- Develop Financial Statements for the Business. i.e., Balance Sheet, Income Statement, Cashflow Statements and Statement of Shareholder Equity.
- Manages preparation of monthly financial statements and external reporting to financial institutions, ensuring that all reporting requirements are met within the scheduled deadlines
- Develop Reports on Financial Ratio Analysis.
- Develop Performance Reports and share with relevant stakeholders.
- Develop Cost Managerial Reports for Business
- Develop Accounts Receivable Aging Reports for Business
- Develop Accounts Payable Aging Reports for Business
- Variance Reports (Budget vs Actual), (Target vs Actual)
- Design and Develop KPI Reports with Top Management
- Develop Customized Reports as Per CEO Directives and Business Needs. Manage coordination of new Property Management properties and post-acquisition activities
- Bachelor’s Degree in Finance, and/or CA, CGA, financial designation, or other equivalent professional training.
- Strong accounting fundamentals, full understanding of GAAP
- Five (5)+ years in progressively responsible financial leadership roles, preferably in real estate, property management, and/or construction related industry.
- Candidate should be Highly proficient in Microsoft Office
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