CoralTree Hospitality

Accounting Manager

• Ensure timely and accurate billings, cash receipt application, and vendor payments
• Collaborate with AP and AR specialists, providing oversight and review so that these areas have very few errors and timely entry
• Monitor issues that arise and manage more complex issues
• Approve AP invoices weekly in accordance with HOA budgeted expenses
• Manage correspondence between legal counsel and board members around owners in collections and appropriate next steps in collection process
• Provide oversight to staff accountant to ensure that monthly journal entries, including depreciation, amortization, and other required entries are recorded accurately and timely with appropriate back-up attached
• Review quarterly financial statements to ensure they are GAAP compliant, including: Review of major balance sheet account reconciliations
• Review of cash reconciliations performed by others
• Perform reconciliations for more complex accounts as determined by Senior Manager, which may vary over time
• Manage audit requests to ensure a timely and adjustment-free issuance
• Present quarterly financials and annual budget at Board meetings
• Manage the Finance Committees for all Associations
• Manage the annual budget process, including creation of budget templates, reserve updates, and coordination of budget requirements with both the accounting team and operational team to ensure deadlines are met
• Manage reserve funds, actively monitor CD expiration dates to maximize earnings potential while following contractual obligations
• Coordinate and review resale requests
• Manage income tax return preparation and review of B&O tax filings
• Provide oversight to team members, including regular feedback and performance reviews
• Participate in the consolidated audit workstream as requested by corporate accounting team
• Seek out opportunities to increase efficiencies and customer satisfaction throughout the accounting function
• Respond to owner, vendor or internal questions promptly and accurately
• Seek out opportunities to improve efficiency and accuracy of accounting processes and systems
• Collaborate with Director of Community Associations and other operational team members on critical items regarding insurance, snow removal, reserve spend etc.
• Manage the preparation of management company monthly financials and billings
• Provide accounting, reconciliation and review duties to corporate/development businesses as directed
• Perform all other duties as required