Manager- US Property Accounting

DAILY RESPONSIBILITIES

Duties/Deliverables

• Monitor emails; respond to all requests within 24 hours

• Lead training for all new team members; provide ongoing development for existing team members

• Assign team members action items on client emails, wire requests

• Provide technical support to Associates

• Check for AP Invoices and approve within 24 hours

• Record cash activity for select properties within 24 hours; check cash weekly for all properties

• Monitor cash balances for all properties to ensure positive balances

• Request Wire Transfers for select properties to pay/process invoices

• Complete Loan Closing entries, as needed

• Process property conversions from Development to Operational, as needed

• Stay up to date on monthly cyber-security training

• Support management on special projects; delegate tasks to associates

• Participate in training and onboarding for new team members; provide constructive feedback and

ongoing development for existing associates

• Suggest new processes and procedures to improve efficiency across the department.

MONTHLY RESPONSIBILITIES

Duties /Deliverables

-Ensure financial reports are completed by property accountants on time and accurately

• Review monthly financials from property accounting team; provide review comments and assistance

to property accountants to ensure accuracy

• Calculate and post entries for client review

• Calculate and distribute the CIP reclass entries for client review

• Post loan entries (Interest Accruals, Interest Payments, Loan Amort, etc.) monthly

• Prepare bank reconciliations, calculate management fees for clients

• Prepare financial reports for clients

• Prepare and distribute additional reports for financial close

• File sales tax for properties

• Prepare and distribute Cash Distribution Calculations

• Prepare monthly Lender Reporting Requirement Reports, submit to clients

• Generate and distribute rent statements to tenants

• Record escrow payments; record Sold Entities Intercompany Transactions

• Review CIP Conversions to operating, Loan closings, and acquisitions as they occur

• Prepare agenda for monthly call with property management team

• Liaise with Draw/Fund team for updates on items pertinent to Property team.

QUARTERLY/ANNUAL RESPONSIBILITIES

Duties /Deliverables

• Review quarterly, annual reports prepared by property accountants

• Complete reports needed by the Fund/Draw/Tax teams

• Prepare quarterly distributions

• Prepare and Record Acquisition/Disposition Entries

• Prepare quarterly, annual Lender Reporting Requirement reports, submit to clients

• Prepare and post CAM Rec True Up Entries quarterly

• Provide support for samples requested by auditors

• Complete and send out CAM Recs at year end for all properties with tenants

• Transition financials and all reports to the new year (Entries: Post Transfer and True Ups)

• Complete 30/60/90 reviews for newly hired staff

• Participate in annual performance evaluations and goal planning for members of the team.