Financial Operations Manager

2 weeks ago

Scottsdale, Arizona, United States SimonCRE Full time

Position Overview:
The Financial Operations Manager plays a crucial role in delivering expertise in financial reporting, property management accounting, and the implementation of effective policies and best practices. This position also involves supervising and reviewing the work of accounting staff and associates.

Key Responsibilities:
This individual must have a comprehensive understanding of accounting principles and maintain the general ledger for various entities concurrently. Essential duties include:

  • Conducting daily reviews of the general ledger for multiple entities and making journal entries as necessary.
  • Overseeing daily banking activities, including deposits, wires, and transfers.
  • Ensuring the accuracy of vendor W-9s as they are received.
  • Monthly reconciliation of bank accounts and credit card statements.
  • Reviewing mortgage reconciliations and NNN billing processes.
  • Ensuring timely payment of monthly TPT for all rental properties in accordance with standard operating procedures.
  • Acquiring new TPT licenses as required.
  • Monitoring monthly management fee processes and processing investor deposits and payments.
  • Reviewing and approving financial packets for external partners on a monthly basis.
  • Assessing gain or loss calculations on sales.
  • Overseeing the assembly of month-end and year-end financial reports.
  • Managing the timely filing of year-end 1099 processes for all entities.
  • Reviewing annual tax submissions for multiple entities.
  • Collaborating closely with the controller to enhance accounting systems continuously.

Additional Duties:
Marginal responsibilities include auditing property tax prorations and backing up weekly check runs, including urgent checks.

Qualifications:
To excel in this role, candidates must demonstrate the ability to perform essential duties satisfactorily. The following qualifications are essential:

  • Exceptional communication skills for accurate information exchange.
  • Proficiency in basic arithmetic operations using various units of measure.
  • Strong organizational skills with the ability to manage multiple projects and meet strict deadlines.
  • A positive, proactive attitude is essential.

Core Values:
At SimonCRE, we emphasize responsiveness, integrity, flexibility, inspiration, accountability, teamwork, and helpfulness. We strive to exceed expectations and foster a culture of trust and collaboration.

Supervisory Responsibilities:
This role includes scheduling regular one-on-one meetings with direct reports, addressing concerns, providing coaching, and assisting with goal setting.

Work Environment:
The position is based in a general office environment, requiring the ability to remain stationary for extended periods and perform minimal lifting.

Education and Experience:
A Bachelor’s degree in accounting is required, along with a minimum of five years of accounting experience, preferably in commercial real estate or construction. Proficiency in QuickBooks, Yardi, and Microsoft Office is essential, along with experience in managing and training remote workers.

SimonCRE is committed to providing equal employment opportunities and prohibits discrimination of any kind.

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