Financial Manager (Part Time) Seeking a Part Time Financial Manager to work 20hours per week .
Candidates will be required to be experienced and qualified with the below : Responsibilities: Identification of Quickpay / Zelle Payments: Identify and track which tenants' Quickpay / Zelle payments are associated.
Maintain detailed control logs for accurate record-keeping.
Cash Collections Management: Maintain a consolidated control log of cash collections.
Collaborate with bookkeepers to ensure accurate recording of cash collections in QuickBooks.
Debt Service Management: Keep a schedule of debt service payments and due dates.
Assist in prioritizing and transferring funds for debt service payments.
Cash Management and Payment Prioritization: Assist in cash management by prioritizing payments, including debt service, credit card reimbursements, expense reimbursements, vendor payments, and internal fees.
Cash Reconciliation: Regularly reconcile cash operating accounts to ensure the ledger accurately reflects available cash for managing disbursements.
Disbursement Review: Review the general ledger coding of disbursements to ensure accuracy.
Financial Statement Preparation: Consolidate data from various entities to prepare annual financial statements.
Work with the team to ensure accuracy, building on past collaboration experiences.
Expense Allocation: Record the allocation of shared or grouped expenses to specific properties.
Tenant Transactions in QuickBooks: Process Tenant Move-Ins, Tenant Move-Outs, and Lease Renewals in QuickBooks.
Update relevant logs for Owners and Managers Books accordingly.
Information Requests Handling: Respond to information requests from tax preparers, lenders, RE Tax appeal advisors, and other relevant parties.
Asset Management: Communicate changes in fixed and deferred assets to tax preparers.
Reconcile depreciation schedules received to the ledger and record current year adjustments.
Team Supervision: Supervise the bookkeeping team to ensure accurate and timely financial record-keeping.
Real Estate Tax Compliance: Ensure all RE tax bills for properties are downloaded and accurately recorded.
Insure the accrual for taxes is properly reflected in financial records.
Period Closure: Lock the accounting period in each company once financial statements are issued to prevent changes to prior periods.
Qualifications: Bachelor's degree in Accounting, Finance, or related field.
Proven experience in a similar role, preferably in real estate accounting.
Strong knowledge of QuickBooks and financial software.
Excellent organizational and communication skills.
Ability to lead and manage a team effectively.