Director of Accounting- Buffalo, NY

Are you looking for a career with a premier property management company Do you want to be part of a team that was rated as one of the top 100 workplaces to be a part of by the Detroit Free Press five years in a row Are you searching for a company that celebrates the uniqueness that each individual brings to our team Join KMG Prestige where our motto to Do the Right Thing is not just words its who we are.

We are seeking a Director of Accounting in Buffalo NYwho is detail-oriented enjoys new challenges and is self-motivated. The Director of Accounting leads the operations and development of the financial services teams and is responsible for the accounting functions financial statement review and reporting and financial analysis for a portfolio of assigned real estate properties. This includes developing systems and procedures oversight of the accounting team and financial reporting functions and owner/agency financial services and support. The Director of Accounting also supports the onsite property team and leadership team with training and education in financial related areas.

This position is currently fully remote with a future hybrid platform based in NY State.

You Have:

• RealPage Software & property management experience (highly preferred)

• Bachelor Degree in accounting or higher with at least 5 years of management experience.

General Assignments:

Financial Operations

• Reviews and analyzes monthly operating reports for a large diverse portfolio of communities.
• Assists the CFO in the review of compliance and property adherence to regulations of federal and state housing agencies.
• Assists the CFO in various financial projects and analyses.
• Assists in the annual budget process including updating and maintaining budget database for financial related line items.
• Assists in annual independent audits including organizing audit work paper packages and reviewing audited statements and adjustments. Between audit firm and general partner.
• Oversees submissions of all financially related monthly quarterly and annual agency and syndicator reporting requirements.
• Calculates and processes annual owner distributions as directed by General Partners.
• Facilitates the transition of new properties and departing properties including coordination as needed with owner/prior agent.
• Assists in preparation and support of construction accounting and pre-closing audits as applicable.
• Develop systems and procedures specific to needs of back-of-house clients.

Cash Management

• Opens and closes bank accounts.
• Sets up banking information in appropriate programs.
• Approves ACH transfers and manual account transfers as required.
• Reviews cash account balances in conjunction with insurance limits.

Property Taxes & Property Insurance

• Coordinates payment of property taxes.
• Coordinates payment of property insurance bills.
• Coordinates information for annual external tax assessment review.

Accounting Software Processing

• Coordinates annual processing of 1099s and 1096s.
• Processes monthly period closings.
• Updates monthly financial statement designs.
• Coordinates annual period closings and data transfer.
• Imports annual budgets.

Training/Development

• Conducts annual budget training classes as needed.
• Coordinates and facilitates training of new team members.
• Coordinates monthly team meetings including training and leadership topics to promote team development and a positive work environment.
• Leads development and execution of departmental WIGs (Wildly Important Goals)
• Conducts monthly one-on-one meetings with each team member to assist in training development and personal growth.
• Conduct additional training classes as needed.

Miscellaneous Assignments:

• Communicates with owners/agencies/syndicators to provide support and financial assistance as needed.
• Assist property accountants with preparation of reporting and financial and/or AR software questions as needed.
• Confirms submission of all items required as per MSHDAs premium management fee policy if applicable for portfolio.
• Oversees any state agency regulation policies and submissions.
• Coordinates responses for the yearly Rural Development review letters.
• Oversee property insurance claims procedures within financial services.

New York State housing reporting experience is a plus!

We Have:

• Medical
• Dental
• Vision
• 401k (with employer match)
• Paid Time Off
• Potential to split work hours between office and home upon completion of training
• Life & Disability Insurance
• Tuition Reimbursement
• Pet Insurance
• Employee Assistance Program

If you are excited to join a team that is striving to become the best most respected property management company in the industry please submit your resume.

KMG Prestige is an Equal Opportunity Employer who is passionate about being a diverse and inclusive organization. Please contact us should you require accommodations in the application process.