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Financial Analyst
FirstService Residential
$102k-127k (estimate)
Full Time | Business Services 1 Month Ago
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FirstService Residential is Hiring a Financial Analyst Near Fairfax, VA

FirstService Residential is looking for a Financial Analyst. The job responsibilities include but are not limited to the following:

  • Manage and prepare monthly bank reconciliations for the assigned portfolio of buildings while also posting the interest on the buildings' reserve accounts.
  • Responsible for input of all general ledger journal entries such as bank transfer, interest income, expense reclassifications, reserve contributions, etc.
  • Prepare and present monthly financial statements and make any necessary financial adjustments that is deemed necessary while also preparing the monthly financial packages, including a table of contents and any other special reports as requested.
  • Review the actual to budget performance variances and record the cash transfers that need to occur between entities.
  • Create and maintain the necessary reclassification of journal entries.
  • Prepare the monthly accounts payable cash management sheets in order to help the property managers properly manage the buildings' cash flows.
  • Ensure that the real estate taxes on each building are paid accordingly in the appropriate period and that enough funds are escrowed in order to make the necessary transfers.
  • Oversee of all the annual budgets including, preparation of the budget packages, obtain pre-budget and post-budget check lists from the property managers, prepare the budgets no later than the assigned deadline dates, and presentation of the budgets at the annual board meetings for each building.
  • Perform the necessary month-end duties such as recording the cash transfers that need to occur between all entities, initiate transfers of the capital contribution receipts to each of the segregated savings accounts, level the assessment of the budget transfers, and maintain and update accurate accounting of the refundable deposits.
  • Perform the necessary year-end duties such as year-end close on each of the buildings' financial accounts and include the annual reports in the year-end financials and produce the year-end refundable deposit schedule based upon the request from the auditor as needed while also overseeing the annual audit process for the entire portfolio including accommodating the auditor's needs and requests in a timely manner.
  • Analysis of the reserve funding statuses based on the request from the Property Manager on each building in the portfolio.
  • Reallocate the reserves as per the Board approved reserve study.

Knowledge, Skills & Proficiencies:

  • Knowledge of assets, cash balance, and availability of funds for projects and cash flow management for capital improvements.
  • Excellent organization, motivation, leadership, management and interpersonal skills.
  • Critical thinking, complex problem solving, judgment and decision making ability.
  • Strong verbal, presentation, and written communication skills. Ability to communicate and provide guidance to all employee and client levels.
  • Must have strong proficiency in Windows and Microsoft Office, including but not limited to Word, Excel, Power Point and Outlook. Proficiency researching the Internet. Previous experience with financial and accounting programs such as BJ Murray and/or Yardi is a plus.
  • Must be able to keep up in a fast-paced, ever changing environment while maintaining a cool, calm, and collected attitude.
  • Ability to work well in a team environment as well as independently. Must be self-driven with the ability to identify, plan and prioritize projects and assignments and be able to hit important deadlines.
  • Knowledge of mechanical operations of a building and equipment preferred.

Education & Experience

  • Bachelor's degree in Accounting or Finance required; MBA highly preferred
  • 5 years' experience as Manager or Director of Financial Planning and Analysis
  • Strong leadership skills required. Experience in multi-unit retail/ Property management preferred
  • Advanced Microsoft Excel and PowerPoint skills. Great Plains/ VENA skills desirable
  • Highest standards of accuracy and precision; highly organized
  • Articulate with excellent verbal and written communication skills
  • Ability to think creatively, highly-driven and self-motivated
  • Demonstrated ability to roll-up sleeves and work with team members in a hands-on management capacity

Knowledge, Skills & Proficiencies

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required.

  • Excellent organizational skills and project management
  • Exceptional communication and interpersonal skills.
  • Advanced written communication skills.
  • Advanced Microsoft Office skills.
  • Knowledge of basic accounting/budgeting procedures.
  • Ability to work under pressure, to adjust to constant changes, to handle multiple tasks, and to coordinate the work of others.
  • Ability to keep complex records, to assemble and organize data of complex nature, and to prepare and submit reports in acceptable formats and in a timely manner
  • Ability to conceptualize, plan and organize multiple programs and assignments effectively.
  • Ability to work on complex and confidential tasks utilizing judgment, tact, and resourcefulness.
  • Skill in developing and maintaining good working relationships.

Tools & Equipment Used

Computer and peripherals, standard and customized software applications and tools, and usual office equipment.

Physical Requirements / Working Environment

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Position involves sitting, standing, stooping, kneeling, pushing, shoving, lifting, carrying and moving objects that can weigh up to 25 lbs. or more following appropriate safety procedures. This movement can occur throughout the day. Must also be able to climb several flights of stairs if necessary.
  • Must be able to drive - Some local travel by personal vehicle is required
  • Must be able to sit and stand for extended periods of time.
  • Must be able to communicate both on the phone and in person with our clients in order to resolve issues and manage the business.
  • Must have finger dexterity for typing/using a keyboard.
  • Must be mobile enough to move around both the office in order to make copies, send mail and faxes and to walk around the property. This could include lengthy walks on uneven areas.
  • Talking and hearing occur continuously in the process of communicating with guests, supervisors, and other associates.
  • Capable of working extended hours, to include evenings, weekends and holidays as necessary.
  • This position may alternate between working indoors in a controlled climate and with proper lighting, to an outdoors setting with variable climate and lighting.
  • Must be able to interact with all types of individuals, be mentally alert, detail oriented, and with good reasoning skills.
  • Must be able to work on more than one assignment at a time with frequent interruptions, changes and delays. Must be able to remain focused and work effectively, efficiently, and cheerfully under such circumstances. For safety reasons, employee must remain alert to working conditions and aware of safety, health, and environmental concerns.
  • Must be able to work effectively and cheerfully in an environment which may be stressful due to adversarial situations resulting from the proper performance of duties

The work environment characteristics are normal office conditions for the role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Hours over and above normal office hours will occur, including evenings, holidays, and some weekends. Schedule is subject to change based on business needs.

Travel

N/A

Disclaimer
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. This is not an all-inclusive job description; therefore, management has the right to assign or reassign schedules, duties and responsibilities to this job at any time.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$102k-127k (estimate)

POST DATE

04/11/2023

EXPIRATION DATE

05/16/2024

WEBSITE

fsresidential.com

HEADQUARTERS

LOS ANGELES, CA

SIZE

200 - 500

FOUNDED

2007

TYPE

Private

CEO

GREGG EVANGELHO

REVENUE

$50M - $200M

INDUSTRY

Business Services

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FirstService Residential is a Florida-based property management company that offers HOA management and strategic planning for the residential sector across U.S. and Canada.

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