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The Asset Management Accountant is responsible for maintaining accurate financial records and ensuring proper asset management accounting practices. This role works closely with the Finance team to manage assigned Asset Management Projects (AMPs), supporting both balance sheet and income statement activities while ensuring compliance with financial regulations and reporting requirements.
Job Responsibility:
Manage all aspects of asset management accounting, ensuring accuracy and compliance
Collaborate with Finance staff to oversee including all related balance sheet and income statement accounts
Prepare journal entries, account reconciliations, work papers, schedules, charts, and complex spreadsheets to support accounting and financial analysis
Perform complex bank reconciliations and maintain supporting documentation
Monitor, analyze, and review financial reports (internal, external, and mandated) for accuracy, proper coding, and compliance
resolve discrepancies and process necessary corrections
Analyze and reconcile general ledger activity, revenues, expenditures, and financial reports to ensure proper classification and accuracy
Process year-end entries, including deferred revenue and accounts receivable
Maintain work papers related to component units and assist with tax credit audits for LLCs
Approve requisitions in accordance with approved annual budgets
Coordinate budget modifications with the Budget Analyst
Ensure timely processing of accruals and reversals
Prepare fund balance projections and support year-end close processes, including journal entries and budget roll-forwards
Monitor and report on revenue and fund balances
Reconcile and allocate operating subsidy, maintaining necessary utility expense data
Review and enter financial data for third-party managed properties, ensuring timely and accurate recording in the general ledger
Plan, organize, and prioritize work assignments to meet deadlines and support workflow efficiency
Identify and resolve accounting issues, evaluating root causes and implementing corrective actions
Perform accurate mathematical calculations and review work for errors
Build and maintain effective working relationships across departments
Perform additional duties as assigned
Requirements:
Strong knowledge of accounting principles and financial reporting
Experience with general ledger reconciliation and financial analysis
Advanced Excel and spreadsheet skills
High attention to detail and accuracy
Ability to manage multiple priorities and meet deadlines
Strong problem-solving and analytical skills
Effective communication and collaboration abilities