Audit resident rent rolls and aged delinquency reports
Manage and audit resident accounts for accurate billing
Assist in developing annual business plans for communities
Benefits
Eligible for discretionary performance bonus
Standard employee benefits: Medical, Dental, Vision, 401K, FSA, HSA
Commuter Benefits and Employee Assistance Program
Life Insurance for employee and dependents
Short-term and long-term disability coverage
Vacation and sick days
Full Job Description
Position Summary
The ideal candidate for our ESL Senior Accountant position has a passion for healthcare real estate accounting and a desire to learn and grow in a dynamic, fast-paced environment. In this position, you will be expected to wear multiple hats, taking on projects as they arise, and to collaborate with multiple disciplines. Your ability to "go with the flow" will be critical to your success. You will assist the Experience Senior Living Accounting department with processing, reviewing, analyzing, and recording community activities into financial statements in accordance with Generally Accepted Accounting Principles. Seniors living, or other commercial property accounting experience is required. We're looking for someone who will be team oriented and willing to work closely with the community level Executive Directors and Asset Managers assigned to their portfolio. Other responsibilities will include collaboration with the accounting team to maintain financial reporting and meet outside deadlines.
Key Responsibilities
Review daily cash receipt deposits to resident management ledgers and reconcile to community cash accounts. In addition, work with the accounts payable department to process bi-weekly invoice approval and check runs to make timely payments on vendor accounts
Complete monthly financial reporting packages within established deadlines as required by external investors and internal corporate reporting requirements
Reconcile all bank accounts associated with each community in assigned portfolio and reconcile all balance sheet accounts on a monthly basis
Prepare monthly facility management fee calculations based on facility management agreements
Audit and ensure accuracy of resident rent rolls and aged delinquency (A/R aging) reports for assigned portfolios
Manage, analyze, and audit resident accounts to ensure they are billed correctly each month, for all rental and additional charges per their lease, and investigate all discrepancies. Process any refunds associated with resident move outs, in a timely manner
Work with community level executive directors and/or asset managers to calculate and reflect monthly accruals, including payroll, to ensure all expenses are accurately reported on a monthly basis
Assist in the development of the annual business plan for each community in conjunction with the respective asset. In addition, assist with actual to budget variance analysis on a monthly basis
Prepare annual, quarterly and/or monthly debt compliance as required under the assigned community level debt agreements
Set up depreciation, amortization, and personal property schedules in FAS (fixed asset reporting module) and reconcile on a monthly basis to the balance sheet
Prepare cash reconciliations and cash forecasts for each community on an as needed basis
Setup and input new communities, rent rolls, leases, and GL chart of accounts for new acquisitions, and/or development projects moving into operations
Respond to and resolve issues and requests of investors, asset managers and/or community level executive directors
Train and mentor staff accountants as well as assist in preparing and conducting training sessions with community level employees
Assist with creating and documenting all accounting processes and procedures related to the Experience Senior Living communities
Assist on miscellaneous accounting tasks, ad hoc and special projects as needed
Skills, Knowledge, and Expertise
Bachelors Degree in Accounting or Finance - Required
5+ years senior living or similar accounting experience - Required
1+ years Yardi experience - Preferred
Benefits
Compensation: $90,000 - $100,000 / year
Eligible for discretionary benefits: performance bonus
Eligible for standard employee benefit elections: Medical, Dental, Vision, 401K, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefits
Disclaimer:
To All Recruitment Agencies - NexCore Group does not accept unsolicited third-party resumes.
