California Commercial Investment Group, Inc. · 3 days ago
Regional Accounting Manager East
United States
Full-time
Remote
Mid, Senior Level
$80K/yr - $134K/yr
5+ years exp
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Responsibilities
Provide leadership and guidance to the regional accounting team, ensuring alignment of goals, adherence to best practices, and continuous professional development.
Lead and manage a group of Staff Accountants and Accounts Payable Clerks.
Lead by example, displaying a strong commitment to CCI’s overall goals and business objectives and acting in line with our CCI Credo commitments to integrity, top-notch communication and excellence across all our business activities.
Build strong relationships with your team as well as a variety of internal and external stakeholders, continuing to enhance CCI’s reputation as a leading property owner/operator and employer of choice.
Foster a culture of personal responsibility and ownership, where every team member understands how their role supports our overall strategy for the property and achievement of our specific performance goals.
Leverage CCI’s policies, procedures and systems to establish clear and achievable standards of excellence for your staff, and regularly verify performance against those standards.
Regularly discuss performance against our standards with each of your direct reports, providing coaching and support as required to achieve the desired outcomes.
As a key people manager within the organization, you will recruit, onboard, train, coach, support and manage your staff to achieve their full potential.
Responsible for identifying and stretching top performers as they develop their careers. You will also deal swiftly, firmly and compassionately with team member performance that does not live up to our high standards.
Ensure that all team members are aware of and adhering to the expected quality and timeliness of teammate, leadership and partner interactions.
Implement and monitor financial controls and guidelines across all properties.
Standardize accounting policies, practices, and procedures to ensure consistency and efficiency across the portfolio.
Monitor adherence to internal controls and identify opportunities to enhance process security and accountability.
Optimize team efficiency by managing the property assignments to ensure that each accountant is fully utilized, reducing the need for excess staffing. This involves identifying and recommending opportunities to streamline processes, achieving high productivity and sustainable performance across the region.
Ensure accurate performance of month-end and year-end close and accrual functions, including the correct recording of accrual activity for capital projects. This responsibility involves validating accrual and month-end entries, evaluating budget comparison reports, and collaborating with others throughout the CCI Management team to confirm that any unanticipated operating activity is properly recorded and reported.
Monitor the cash position of managed properties and collaborate with the regional property management team to implement balanced cash plans.
Review and approve financial reports prepared by Staff Accountants, ensuring thoroughness, accuracy, and timely delivery.
Manage audit and tax workflows, ensuring accuracy and compliance by reviewing financial reports, coordinating with external auditors and tax preparers to resolve discrepancies, and collaborating with the Controller for final approval.
Approve reserve draw packages and monitor draw processing, ensuring timely and accurate completion in compliance with policy.
Lead the onboarding of new properties within the region, ensuring accurate financial opening entries tied to prior reports, proper debt record setup, bank account establishment, and clear reporting expectations. Includes collaboration with other CCI Management teams to ensure comprehensive and complete on-boarding of the property.
Renew management certifications, ensuring they meet fee targets, while coordinating with the Controller and corporate operations team to address fee restrictions and pursue adjustments as needed.
Prepare surplus and excess cash calculations in accordance with partner and regulatory standards, this includes monitoring and communicating projections of non-profit residual receipts.
Ensure completeness and accuracy of portfolio debt management systems.
Responsible for the Accounting review of capital project workflows. Ensuring a clear understanding the cash needs, sources and timing of the project.
Stay updated on HUD, lender, and owner requirements and ensure team adherence and compliance with local, state, and federal financial regulations and reporting requirements.
Identify financial trends and provide actionable insights to improve property performance.
Collaborate with the Controller and other regional teams to drive organizational initiatives, conduct root cause analyses, and design policies, procedures, and training programs.
Routinely handle confidential financial information related to CCI’s business activities. You are expected to handle all confidential information appropriately, in line with all Federal, State and local laws and regulations as well as company policies and best practices.
Qualification
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Required
Bachelor’s degree or equivalent experience in Accounting, Finance, or a related field.
5+ years of accounting experience, preferably in property management, with at least 2 years in a supervisory or management role.
Proficiency in Yardi or equivalent property management software, as well as advanced skills in Microsoft Excel.
Demonstrated leadership and team management skills.
Excellent analytical, problem-solving, and communication skills.
Takes initiative: seeks to understand the goal, develops a plan, and delivers.
Inquisitive: asks good questions & pieces together information from multiple sources.
Tech-savvy: comfortable with new tech – keen to use technology to deliver faster, better results.
Excellent Communication: able to communicate effectively with stakeholders at all levels, verbally and in writing.
Detail oriented: sees the big picture, but understands & appreciates that the details matter.
Strong Time Management: able to balance multiple competing priorities.
Excellent Interpersonal Skills: builds strong relationships and leverages those relationships to deliver great outcomes.
Professionalism: calm, cool, collected - unflappable, even under pressure.
Numerate: able to understand financials and manage a P&L.
Problem Solving: solutions oriented, getting as close to a ‘win for all’ as we can.
Flexible & Adaptable: willing to go the extra mile, adapts well to changing circumstances.
Exercises Good Judgment: considers multiple perspectives, weighs up risks, and makes a decision.
Decisive: comfortable making decisions with incomplete or imperfect information.
Preferred
Familiarity with HUD requirements, affordable housing programs (e.g., LIHTC), and property-specific accounting practices.
Experience Managing Audits And Tax Return Preparation.
Benefits
Comprehensive compensation and benefits package
Commitment to work-life balance
Ongoing career development opportunities
Company
California Commercial Investment Group, Inc.
California Commercial Investment Group is a full-service acquisition, asset management, property management, and development firm with over 8000 units in 34 states.
201-500 employees
Funding
Current Stage
Growth StageRecent News
2024-02-19
Company data provided by crunchbase
