Capital Accounting Manager - 29th Street Living : Job Details

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From the West Coast to the East Coast and everywhere in between, 29th Street Property Management manages diverse multifamily properties. Ranging from high-end luxury assets to small-scale properties, 29th Street continues to grow. Our multi-billion-dollar collection of properties across the nation gives us an opportunity to continue to diversify our community portfolio, making us a multifamily industry leader.We offer a competitive benefits package of: 15 Paid Vacation Days, 6 Paid Sick Days, 11 Paid Holidays, Immediate Eligibility for Medical, Dental and Vision Insurance, Heath Savings Account, Short Term Disability, Basic Life Insurance, Pet Insurance, 401K and more! Come join our growing team!Summary Of PositionUnder the direction of the SVP Capital Projects, the Capital Accounting Manager is responsible for managing the execution of the capital accounting team including, but not limited to, invoice processing, accounts payable and receivable, month-end processes, balance sheet reconciliations, account analysis, project financial reporting, capital draws, and others as assigned by the SVP.Essential Job Functions

• Manage Capital Project Accounting team, workflow, responsibilities, and productivity
• Determine and maintain team's internal reporting schedule
• Collect, analyzing, and support setting up 29SC project data and budgets in Banner
• Oversee posting project journal entries, accruals, and re-classes
• Review monthly capex bank reconciliations - monitors cash flow and communicate with project staff
• Prepare audit reports and presenting findings to management
• Manage lender requirements and reporting
• Review lender and sub draw requests before submission
• Confirms receive of project subcontractor/supplier lien waivers when processing invoices
• Supporting job forecasting, budget adjustments, and change order needs
• Assist 29SC in cultivation of valuable relationships with current clients – PMs, Maintenance supervisors, sub-contractors, vendors, asset managers etc.
• Resolution of items escalated by team

Required Skills / AbilitiesThe Candidate must demonstrate knowledge of US GAAP, be organized, a self-starter, have the ability to proceed and follow through with action plans, provide solution implementation and improvements with minimal monitoring from management. They must possess the following knowledge, skills and abilities:

• Understanding of organizational accounting concepts
• Knowledge of budgets, contracts, lien waivers
• Strong financial analysis skills
• Ability to prepare financial reports and give recommendations based on available data
• Intermediate Microsoft Excel skills
• Superior knowledge of financial reporting software tools - preferably Entrata
• In-depth knowledge of financial guidelines and regulations
• Excellent attention to detail and strong organizational skills
• Pro-active and personable communication skills with clients and internal / external referral sources
• Lead a group of two or more employees

Education And Experience

• Bachelor's degree in Accounting, Finance, Business Administration or related field is required.
• At least three years of property or project management experience.

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Seniority level

• Seniority levelMid-Senior level

Employment type

• Employment typeFull-time

Job function

• Job functionAccounting/Auditing and Finance

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