Finance Operations Manager
2 weeks ago
Position Overview:
We are looking for a talented and knowledgeable Finance Operations Manager with extensive experience in commercial property accounting and leasing. The successful candidate will be responsible for managing all financial functions related to our real estate assets, ensuring precise financial reporting, adherence to regulations, and effective management of financial workflows.
Key Responsibilities:
Financial Reporting & Analysis:
- Prepare and review financial statements on a monthly, quarterly, and annual basis for various commercial properties.
- Analyze financial data and trends to provide insights and recommendations for enhancing financial performance.
- Oversee the month-end and year-end closing processes, ensuring accuracy and punctuality.
Property Accounting:
- Manage all property accounting functions, including maintenance of rent rolls, lease administration, and tenant billing.
- Monitor accounts receivable and accounts payable to ensure timely collections and payments.
- Reconcile general ledger accounts and resolve discrepancies related to property transactions.
Leasing & Revenue Management:
- Collaborate with the leasing team to ensure accurate recording of lease agreements and associated financial transactions.
- Track and report on lease expirations, renewals, and tenant improvement costs.
- Analyze and report on rental income, operating expenses, and financial performance of properties.
Yardi Software Management:
- Utilize Yardi software for property management, accounting, and financial reporting.
- Implement and optimize Yardi modules and features to enhance accounting processes and improve efficiency.
- Troubleshoot and resolve Yardi system issues, liaising with Yardi support as necessary.
Compliance & Internal Controls:
- Ensure compliance with accounting standards, company policies, and regulatory requirements.
- Develop and maintain internal controls to protect company assets and ensure accurate financial reporting.
- Coordinate with external auditors during annual audits and provide necessary documentation and support.
Team Leadership & Development:
- Supervise and mentor accounting staff, providing guidance, training, and performance evaluations.
- Foster a collaborative and positive work environment, encouraging professional growth and development.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field; CPA or equivalent certification preferred.
- Minimum of 5 years of accounting experience, with at least 3 years in commercial real estate accounting and leasing.
- Proficiency in Yardi software is required; experience with Yardi modules related to property management and financial reporting is highly desirable.
- Strong knowledge of real estate accounting principles, lease structures, and property management processes.
- Excellent analytical and problem-solving skills, with attention to detail and accuracy.
- Proven ability to manage multiple priorities and work effectively under tight deadlines.
- Strong communication and interpersonal skills, with the ability to interact with various stakeholders including property managers, tenants, and senior management.
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