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Financial Manager

3 months ago


Fort Smith, United States Belmont Management Company, Inc. Full time
Job DescriptionJob Description

FINANCIAL MANAGER

Must be able to apply principles of accounting to prepare, maintain and monitor financial information and financial reports. Accumulate and post all partnership financial information to the general ledger at month end. Prepares necessary journal entries to be posted to the general ledger. Reconciles all partnership bank accounts monthly and prepares all journal entries for review and approval. Work with your team members to facilitate the team and company goals.

SUMMARY

Applies principles of accounting to prepare, maintain and monitor financial information and financial reports by performing the following duties.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

Supervise operations and coordinate workflow of department personnel to ensure accuracy and reliability of financial information and reports.

Accumulate and post all partnership financial information to the general ledger at month end.

Reviews partnership financial statements on a monthly basis, reconciles general ledger balances to internally prepared schedules and analyzes general ledger balances for variances from budgeted amounts. As necessary, provides supporting documentation detailing variances from the budgets.

Prepares necessary journal entries to be posted to the general ledger. Rectifies any necessary journal entries to the general ledger as determined in the review.

Prepares all partnership reports and financial statements as required (e.g. quarterly syndication or RD reports) to be reviewed.

Completes all monthly and yearly closing of all partnerships. Updates all necessary filing of partnership information on a daily, monthly, or yearly basis.

Posts all budgets into the general ledger software upon proper approval.

Reconciles all partnership bank accounts monthly and prepare all journal entries for review and approval.

Collects and coordinates all computer software generated reports as necessary. Analyzes all partnership general ledger accounts throughout the month.

Reconciles accounts receivable posted to Belmont with partnership accounts payable and prepares supporting documentation on a monthly basis.

Reconciles security deposit cash with security deposit liability of the partnerships and prepare supporting documentation on a monthly basis.

Prepares detailed schedules for the year-end corporate and partnership audits and tax return.

Prepares detailed account analysis and investigation of variances, as needed.

Work with your team members to facilitate the team and company goals.

Ability to work in cooperation with supervisors, sub contractors, coworkers, vendors, and officials necessary to efficiently get the job done.

Portrays a professional image at all times, refrains from anger and does not pose a direct threat to anyone.

SUPERVISORY RESPONSIBILITIES

Supervises operations and work product of Accounting Assistants. Aids CFO in the supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities may include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

Bachelor’s degree in Accounting. Four to ten years related experience and/or training; or equivalent combination of education and experience.

CERTIFICATIONS, LICENSES, REGISTRATIONS

Certified Public Accountant (CPA) preferred

LANGUAGE SKILLS

Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.

MATHEMATICAL SKILLS

Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations. Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis.

REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and use hands to finger, handle, or feel. The employee frequently is required to reach with hands and arms and talk or hear. The employee is occasionally required to stand and walk. The employee must regularly lift and/or move up to 10 pounds, frequently lift and/or move up to 25 pounds, and occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision, and color vision.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

Company DescriptionCOMPANY OVERVIEW
Belmont Management Company Inc. is a blend of experienced professionals with a diverse background in property management, construction, development, and training. We are active in the housing industry in Arkansas, Colorado, Kansas, Missouri, Oklahoma, and Texas providing affordable housing to rural communities for the past 28 years.
Our objective is to hire qualified, goal-oriented people who want to succeed in making theirs, and the company’s goals a reality. It is important that each member of the Belmont family be allowed to grow within his/her capabilities. By expanding our areas of responsibility, our company will move forward.
Our company views each team member as a vital partner in the overall success we achieve.

MISSION STATEMENT
Our mission is to create and enhance a quality living environment for our residents through exceptional service and care. We are committed to offering complete and excellent property management services including marketing, leasing, maintenance, tax credit compliance, accounting and financial services, while profitably maturing the investments of our owners and financial partners.
This mission will be achieved by each individual team member of Belmont Management Company, Inc.Company DescriptionCOMPANY OVERVIEW\r
Belmont Management Company Inc. is a blend of experienced professionals with a diverse background in property management, construction, development, and training. We are active in the housing industry in Arkansas, Colorado, Kansas, Missouri, Oklahoma, and Texas providing affordable housing to rural communities for the past 28 years.\r
Our objective is to hire qualified, goal-oriented people who want to succeed in making theirs, and the company’s goals a reality. It is important that each member of the Belmont family be allowed to grow within his/her capabilities. By expanding our areas of responsibility, our company will move forward.\r
Our company views each team member as a vital partner in the overall success we achieve.\r
\r
MISSION STATEMENT\r
Our mission is to create and enhance a quality living environment for our residents through exceptional service and care. We are committed to offering complete and excellent property management services including marketing, leasing, maintenance, tax credit compliance, accounting and financial services, while profitably maturing the investments of our owners and financial partners.\r
This mission will be achieved by each individual team member of Belmont Management Company, Inc.