The Assistant Accounting Manager II is responsible for overseeing the accounting function and ensuring the precision, thoroughness, and timely delivery of financial reporting provided by our offshore/outsourced partners. This position plays a vital role as a liaison with our offshore/outsourced accounting teams, facilitating effective collaboration and communication.
Key Responsibilities
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Manage 17 to 20 properties and serve as the final reviewer of financial statements, ensuring the accuracy and completeness of reports prepared by offshore partners.
- Effectively manage the monthly financial close process for assigned properties, ensuring completion by the 15th of each month. Workload is cyclical, with peak demands during month-end close, quarter-end reporting, and audit season. This role requires increased time commitment and intensity during those times.
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Participate in quarterly property management financial review meetings to share insights, address inquiries and offer necessary support or corrective actions as necessary.
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Perform audit and tax reviews for assigned properties to ensure the accuracy of the financial reports.
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Oversee annual reporting for AOE/LP, Form 571, and unclaimed property.
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Assist in preparing annual budgets.
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Work closely with the Property Managers to address banking inconsistencies related to rent collection, ensuring that cash receipts are recorded accurately and in a timely manner.
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Review and validate vendor invoices processed by Accounts Payable to ensure they are accurate, properly coded, supported by documentation, and in compliance with approval requirements.
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Oversee and process replacement reserve draw requests and residual receipt distributions, ensuring accuracy and proper documentation.
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Ensure effective communication with offshore accounting teams, review deliverables promptly to meet quality standards, and provide feedback to promote continuous improvement.
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Review intercompany payment calculations to Headquarters.
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Assist in the training and onboarding of new employees.
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Identify areas for process improvement and provide recommendations for enhancements.
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Participate in company-sponsored events aimed at team development, which may occasionally require overnight travel.
Skills & Competencies
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Analytical & Problem-Solving Skills: Ability to analyze financial statements, identify discrepancies, and recommend corrective actions
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Attention to detail and accuracy
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Strong ability to effectively manage time, prioritize tasks, and meet deadlines in a fast-paced environment.
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Maintains professionalism and composure under pressure
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Strong written and verbal communication skills
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Ability to work independently and collaboratively
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Professional judgment and integrity
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Strong work ethics
Qualifications
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Bachelor’s degree in accounting, Finance, or a related field
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4–7 years of progressive accounting experience
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Strong knowledge of GAAP and financial reporting
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Experience with accounting software and ERP systems
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Proficiency in Microsoft Excel and other Microsoft Office applications
Physical requirements/work environment
- Operate computer and office equipment.
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Work is primarily sedentary in nature.
FLSA
