Sr Transformation Accountant
1 month ago
General Purpose
The Senior Transformation Accountant is responsible for reviewing and maintaining accurate books and records for a portfolio of multi- family properties. This position provides guidance and support to our outsourcing partner who is responsible for the daily activity and preparation of monthly financial statements. The Senior Transformation Accountant ensures financial statements are issued timely, consistently, and accurately in accordance with the accounting policies and procedures.
Essential Duties and Responsibilities
- Review and monitor performance of outsourcing partnership and assist in solving issues that may arise.
- Manage a portfolio of properties, including any special or additional reporting requirements for clients or lenders.
- Analytically review and interpret month-end financial packages to ensure accuracy and completeness, including journal entries, general ledgers, and monthly financial statement reconciliations.
- Ensure the outsourcing partner meets all internal and external deadlines and delivers high-quality work.
- Establish and maintain consistency in financial processes, accounting practices, and reporting across the property portfolio.
- Review, investigate, and assist in resolving errors and inconsistencies in financial entries, documents, and reports.
- Provide support, guidance, and communicate process changes effectively, fostering a positive and collaborative environment.
- Ensure timely and accurate payment of high-priority payments such as taxes, mortgages, and distributions. Research tax parcels and compile information for each property.
- Analyze property cash position weekly, collaborating with property management team to review and select payables.
- Build cash forecasts collaboratively with property and client teams. Escalate cash issues as needed.
- Develop and maintain strong relationships with clients, acting as the primary point of contact for inquiries, requests, and special projects, while delivering exceptional customer service.
- Interact with property staff, clients, and other stakeholders to resolve property accounting questions by researching and interpreting accounting policy and financial information.
- Oversee internal and external audits, review audit schedules, and ensure prompt submission of requested items.
- Compile data and perform analysis to contribute to the preparation and review of the annual property budget.
- Identify opportunities for automation to streamline accounting and reporting processes.
- Prioritize exceptional customer service and maintain professionalism in all interactions.
- Communicate effectively with internal and external stakeholders.
- Comply with company policies, accounting procedures, and applicable local, state, and federal laws.
- Perform other duties as assigned or as necessary.
Job Qualifications
Knowledge:
- Prior experience and knowledge in the reading, understanding and analysis of financial statements
- Prior experience and knowledge in the application of Generally Accepted Accounting Principles (GAAP)
- Solid analytical/logical mindset and attention to detail
Skills:
- Intermediate to Advance skill level with Microsoft Excel
- Intermediate skill level with Microsoft Word, Outlook, and Teams
- Strong written and verbal communication skills
- Strong organizational skills
- Proven experience to meet deadlines timely, accurately, and consistently
- Proven experience to effectively manage a team
- Strong technical accounting skills
Ability:
- Ability to complete tasks accurately, timely and consistently
- Ability to follow established procedures
- Ability to ready, understand and analyze financial statements
- Ability to communicate complex accounting and financial data into easily understandable verbiage
- Ability to learn accounting software
- Capable of working independently
Experience:
- Minimum of 2 - 4 years accounting experience in financial reporting
- Real estate accounting experience strongly desired
- Experience with Yardi is highly desired
- Experience in cash management, forecasting and planning
Education:
- Bachelor's degree in Accounting required from an accredited four-year college or university
Application Deadline: 4/10/24 If the position is not filled by then, we may consider applications received after this deadline.
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