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Financial Operations Manager
2 months 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 entails managing daily accounting operations and monitoring the financial performance of the organization by generating reports for senior leadership, stakeholders, and investors. The Financial Operations Manager will support the CFO in managing the development portfolio, which includes assisting with project closings, overseeing financial disbursements, and reviewing project cost certifications and related applications.
Key Responsibilities
Corporate Accounting (60%)
- Lead a team of accounting professionals, including a Senior Accountant and Staff Accountant, to ensure daily corporate accounting tasks are executed effectively, including journal entries, invoice processing, cash management, and bank reconciliations.
- Collaborate with operational staff to ensure accurate invoicing and adherence to financial procedures across the organization.
- Act as the primary system administrator for accounting software.
- Ensure comprehensive documentation for all financial transactions.
- Establish and maintain documented procedures for all accounting functions.
- Prepare monthly financial statements in compliance 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.
- Review financial and organizational documents prior to project initiation.
- Monitor monthly financial reporting obligations for development initiatives.
- Review entries on project settlement statements.
- Oversee bookkeeping for new development projects.
- Support both the accounting and development teams in reviewing financial requests and funding applications.
- Assist in preparing project cost certifications.
- Submit equity requests to investors as per partnership agreements.
- Review applications for low-income housing tax credits.
- Assist the accounting team in evaluating grant proposals and budgets, ensuring compliance with reporting standards.
- Support the preparation and review of property trial balances and monthly journal entries.
- 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 2-5 members.
- Background in real estate accounting is preferred, with familiarity in accounting software.
- Experience in low-income housing tax credits and affordable housing is a plus.
- Strong writing, proofreading, and communication skills.
- Ability to manage multiple tasks with strong organizational skills and attention to detail.
- Capacity to work independently and exercise sound judgment.
- A positive attitude and a sense of humor are appreciated.
- Comfortable in a fast-paced 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 primary work setting is an office environment within a non-profit organization dedicated to serving seniors and their families. The work environment is dynamic, with a moderate noise level. 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 fostering 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 beliefs, or disability.
Salary Range
$80,000-$110,000