Financial Operations Manager
2 weeks ago
Job Type
Full-time
Position Overview
The Financial Operations Manager is responsible for overseeing the financial activities of LIFE Senior Services, Inc. This role involves managing daily accounting functions and monitoring the financial health of the organization by preparing comprehensive reports for senior leadership, stakeholders, and funding partners.
Key Responsibilities
Corporate Accounting (60%)
- Lead a dedicated team of accounting professionals, including a Senior Accountant and Staff Accountant, to ensure the accuracy of daily accounting operations, including journal entries, invoice processing, cash management, and bank reconciliations.
- Collaborate with operational teams to ensure compliance with invoicing and billing protocols across the organization.
- Serve as the primary system administrator for accounting software platforms.
- Ensure thorough documentation of all financial transactions.
- Establish and maintain documented procedures for all accounting functions.
- Prepare monthly financial statements in accordance with US GAAP for internal and external stakeholders.
- Assist in the preparation for audits, including reviewing financial statements and tax documentation.
- Manage local and state tax compliance and filings.
Real Estate Development (30%)
- Review financial and organizational documents prior to project initiation.
- Monitor monthly financial reporting requirements for development initiatives.
- Oversee project settlement statement entries.
- Manage bookkeeping for new development projects.
- Support both the accounting and development teams in reviewing funding requests and construction draws.
- Assist in preparing project cost certifications.
- Submit equity requests to investors as per partnership agreements.
- Review applications for Low-Income Housing Tax Credit projects.
Grant Tracking (5%)
- Assist the accounting team in evaluating grant proposals and budgets, ensuring compliance with reporting standards.
Asset Management (5%)
- Support the preparation and review of property trial balances and monthly journal entries.
Qualifications
- Bachelor's degree in Accounting is preferred.
- Experience in public accounting and CPA certification is advantageous.
- A minimum of five to seven years of relevant experience, including at least three years in a supervisory role.
- Experience managing teams of 2 to 5 individuals.
- Real estate experience is preferred, with familiarity with accounting software being a plus.
- Knowledge of low-income housing tax credits and affordable housing is beneficial.
- Strong writing, proofreading, and communication skills are essential.
- Ability to manage multiple tasks effectively with strong organizational skills and attention to detail.
- Capacity to work independently with sound judgment.
- A positive attitude and ability to thrive in a fast-paced environment.
Work Environment
This is a full-time, exempt position. Typical work hours are Monday through Friday, totaling 40 hours per week. Occasional evening or weekend hours may be required for meetings or special events. The work environment is primarily office-based within a non-profit organization dedicated to serving seniors and their families. The activity level is high, and the noise level is moderate. Reasonable accommodations may be made for individuals with disabilities to perform essential job functions.
LIFE Senior Services, Inc. is an equal opportunity employer, committed to creating a diverse workforce that reflects the communities we serve. We value diverse perspectives and do not discriminate based on race, ethnicity, sexual orientation, gender identity, religious belief, or disability.
Salary Range
$80,000-$110,000
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