Accounting Specialist
4 weeks ago
We are seeking an experienced Accounting Specialist to join our team at Commonwealth. As a key member of our finance department, you will be responsible for planning and directing accounting activities within the finance of our organization.
Key Responsibilities:
- Assist in the development and implementation of goals, policies, priorities, and procedures relating to financial management, budget, accounting, and/or payroll
- Supervise and participate in the preparation of various financial statements and reports
- Reconcile income and work with community manager to resolve discrepancies
- Handle other operations of a property such as posting deposits
- Prepare bills to be paid including receiving approval, and pay bills when necessary
- Processes periodic recurring "debt service" payments including owner draws, loan payments, property tax payments, etc.
- Maintains daily cash management for all accounts in your portfolio.
- Works with the Regional Manager of a property to prepare a financial budget for the coming year
- Directs internal audits involving review of accounting and administrative controls
- Establishes system controls for new financial systems and develops procedures to improve existing systems
- Maintains general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses, and insurance records
- Directs and participates in cost analyses and rate studies
- Interacts with clients when questions arise regarding their financial reports.
- Works with community owners and/or their CPA's on year-end tax returns by providing necessary information to do year-end entries
- Approves ACH and wire transactions
- Post rent payments when mailed to the corporate office
- Enter ACH bank information into the system
- Assist in the production of management fee invoices and verify 100% are billed and recouped monthly.
- Reconcile credit card statements for all current card holders or property and ensures all transactions are recorded and recouped as necessary
- Assist with rent concession matching between payroll and ManageAmerica
- Do bank statement reconciliation for all trust accounts
- Participate and train at Quarterly Manager Meetings, Commonwealth University 101, 201 and 301
- Other duties may be assigned.
Requirements:
- Computer literate (Microsoft Word, Excel, email, Adobe, and internet skills)
- Typing and ten key by touch
- Financial/mathematical aptitude
- Must be detail oriented
- Good to excellent verbal and written skills
- Well-motivated, able to work both independently and part of a team
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