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

• 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.
• Participate in quarterly property management financial review meetings to share insights, address inquiries and offer necessary support or corrective actions as necessary.
• Perform audit and tax reviews for assigned properties to ensure the accuracy of the financial reports.
• Oversee annual reporting for AOE/LP, Form 571, and unclaimed property.
• Assist in preparing annual budgets.
• 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.
• 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.
• Oversee and process replacement reserve draw requests and residual receipt distributions, ensuring accuracy and proper documentation.
• Ensure effective communication with offshore accounting teams, review deliverables promptly to meet quality standards, and provide feedback to promote continuous improvement.
• Review intercompany payment calculations to Headquarters.
• Assist in the training and onboarding of new employees.
• Identify areas for process improvement and provide recommendations for enhancements.
• Participate in company-sponsored events aimed at team development, which may occasionally require overnight travel.

Skills & Competencies

• Analytical & Problem-Solving Skills: Ability to analyze financial statements, identify discrepancies, and recommend corrective actions
• Attention to detail and accuracy
• Strong ability to effectively manage time, prioritize tasks, and meet deadlines in a fast-paced environment.
• Maintains professionalism and composure under pressure
• Strong written and verbal communication skills
• Ability to work independently and collaboratively
• Professional judgment and integrity
• Strong work ethics

Qualifications

• Bachelor’s degree in accounting, Finance, or a related field
• 4–7 years of progressive accounting experience
• Strong knowledge of GAAP and financial reporting
• Experience with accounting software and ERP systems
• Proficiency in Microsoft Excel and other Microsoft Office applications

Physical requirements/work environment

• Operate computer and office equipment.
• Work is primarily sedentary in nature.

FLSA

• Non-Exempt