Vice President of Accounting

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    "requisitionDescription": "\n    <link href=\"https://static.workforcenow.adp.com/mas/mdf-components/24.32.25/styles/froala_editor.pkgd.min.css\" rel=\"stylesheet\" type=\"text/css\" />\n    <link href=\"https://static.workforcenow.adp.com/mas/mdf-components/24.32.25/styles/froala_style.min.css\" rel=\"stylesheet\" type=\"text/css\" />\n\n    <div class=\"fr-view\">\n      <p id=\"isPasted\">This role contains three crucial areas of focus: supervising the property accounting team and its responsibilities, expanding and structuring the job cost/development accounting function within the department, and managing lease administration. &nbsp;</p><p>&nbsp;</p><p>In supervising the property accounting team, the Vice President of Accounting is responsible for coordinating the month-end close, inclusive of reviewing monthly financial reporting and coordinating financial reporting deadlines as well annual budget preparation. &nbsp;Financial reporting includes reviewing cash management and cash flow at each property, and periodic reforecasting of property cash flows. &nbsp;Between five and ten accounting personnel will report to the Vice President of Accounting.&nbsp;</p><p>&nbsp;</p><p>In expanding and structuring the job/cost development accounting function, the Vice Presidential of Accounting is responsible for understanding all ongoing development projects within the company, while supervising the property accounting team&rsquo;s job cost/development reporting. &nbsp;This supervision includes analysis of budget to actual reports for job cost/development projects as well as monitoring development costs to ensure timely remittance of payments, including review of any job cost/development disbursement draw packets. &nbsp;</p><p>&nbsp;</p><p>In managing the lease administration team, the Vice President of Accounting will ensure that the lease administrative team accurately and timely process executed leases while simultaneously monitoring compliance with loan document requirements and procuring lender approval. &nbsp;</p><p><strong>&nbsp;&nbsp;</strong></p><table border=\"1\" cellspacing=\"0\" cellpadding=\"0\"><tbody><tr><td valign=\"top\" style=\"width: 100%;\"><p><strong>Essential Functions and Responsibilities</strong></p></td></tr></tbody></table><p>&nbsp;</p><ul><li>Reviews and ensures the timely distribution of monthly, quarterly, and year-end lender reporting packages, inclusive of guarantor reporting and tax returns. &nbsp;</li><li>Review the annual budgets and corresponding estimated CAMs and ensures annual CAM billings are updated timely. &nbsp;Ensures timely submittal of year-end operating budgets to external third parties. &nbsp;</li><li>Directs the opening and closing journal entry process for new acquisitions, dispositions, modification and refinancing of loans. &nbsp;&nbsp;</li><li>Manages and analyzes monthly, quarterly, and year-end workpapers and corresponding financial statements for all property level entities.</li><li>Reviews the monthly property reports, monthly management fees, and yearly CAM reconciliations.&nbsp;</li><li>Reviews monthly cash flow reforecasts at the properties and recommends sources/uses of property level available / capital requirements.&nbsp;</li><li>Monitors cash disbursements and assists in review of monthly variance reports, while suggesting efficient use of capital. &nbsp;</li><li>Liaison for the external auditors.</li><li>Responsible for closing MRI on a monthly and annual basis, along with setting up new entities, and maintaining the G/L chart of accounts.\\</li><li>Review budget to actual job cost/development reports, identifying material variances&nbsp;</li><li>Reviewing job cost/development draw packages for timely submittal and remittance of vendor payments. &nbsp;</li><li>Ensure the lease administration team is processing executed leases in a timely and accurate manner. &nbsp;</li><li>Manages and coaches a team of property controllers</li><li>Coordinates monthly management fee disbursements to internal and external parties. &nbsp;</li><li>Assumes and performs other duties and responsibilities as assigned.</li></ul><p><strong>&nbsp;</strong></p><p><strong>&nbsp;</strong></p><table border=\"1\" cellspacing=\"0\" cellpadding=\"0\"><tbody><tr><td valign=\"top\" style=\"width: 100%;\"><p><strong>Qualifications</strong></p></td></tr></tbody></table><p>&nbsp;</p><ul><li>Bachelor&rsquo;s degree in finance or accounting.</li><li>10+ years&rsquo; experience in financial management with increasing responsibilities.</li><li>Operates well in a physical office environment and prefers to be in the office each day.</li><li>Experience supervising and managing at least five senior accountants, including periodic written evaluations and mentoring/coaching.</li><li>Good technical knowledge of accounting principles and practices.</li><li>Strong real estate industry experience preferred.</li><li>MRI or real estate accounting software experience preferred.</li><li>CPA and financial statement preparation preferred.&nbsp;</li><li>Strong excel skills required&nbsp;</li><li>Excellent interpersonal skills.</li><li>Adheres to the firm&rsquo;s values and culture of commitment, collaboration, excellence, honesty, integrity, respect of others and trust.&nbsp;</li></ul>\n    </div>\n  \n",
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