What are the responsibilities and job description for the Accounting Manager position at Akam Associates Inc?
Accounting Manager
The Accounting Manager is responsible for preparing monthly and annual financial statements for an assigned portfolio of condo/coop communities located throughout South Florida. This role works closely with the Property Managers and Resident Board members to achieve the community's financial goals.
Responsibilities include, but are not limited to:
Financial Statements and Accounting:
- Gain Industry Knowledge and become familiar with common practices, reporting guidelines, accounting changes, etc.
- Monthly Financials:
- Ascertain financials are issued within deadlines, track financial production and timeline for all client properties. Review Financials for accuracy and completeness
- Coordinate and track bank reconciliation preparation and timeline to comply with financial report due dates.
- Assist with financial reports preparation as needed
- Maintain Properties’ FS preparation Comments Sheet (with peculiarities and special instructions for each property).
- Develop recommendations and implement necessary improvements to enhance and streamline financial package and financial preparation processes.
- Assign financial preparation to promote a balanced workload, adequate experience level, efficiency and timeliness.
- Ascertain sales tax returns are filed when applicable
- Participate in Financial reviews etings/calls with Board members (review of financials, advising on special assessments) as needed.
- Participate in new associations transition process, GL set up, first financials formats and review.
- Budgets:
- Participate in Budget workshop for Property Managers
- Assist in Budget template preparation, provide budget support to onsite staff
- Annual Audit:
- Monitor and track annual audits progress
- Serve as primary contact with the auditors
- Follow up on pending items with onsite staff and auditors as needed
Communications:
- Support and answer questions from Board of Directors, Regional Directors and Property Managers on accounting and financial statements matters
- Attend evening Board meetings as needed (including some out of normal business hours)
- Participate in new properties transition meetings
- Promote client service culture within the team
Other:
- Assist Finance Director on research and special projects
- Participate in training onsite staff
- Participate in new software implementations
- Any additional tasks upon direction from supervisor.
Requirements & Qualifications:
- Must have a Bachelor's degree in Finance or Accounting
- Master or CPA preferred
- Industry knowledge is preferred but not a must.
- Supervisory experience required.
- Financial Statements preparation, review, monthly Journal entries, audit support, budgets, and balance sheet details.
AKAM Living Services, Inc., is committed to maintaining a diverse workforce and an inclusive work environment. AKAM is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. All qualified applicants are encouraged to apply and will be considered for employment without regard for any characteristic protected by applicable law.