What are the responsibilities and job description for the Director Of Accounting position at Association Management Inc?
The Director of Accounting oversees every step of the accounting and financial work AMI performs for its client associations. Working in our existing software platform (Vantaca), you will produce accurate, on-time financial statements; work with the accounting staff to maintain and develop best practices; and support both internal staff and client boards of directors on all financial and accounting questions and reporting.
Compensation:$60,000 - $70,000 yearly
Responsibilities:
Post homeowner payments and process association payables
Protect client funds with strong internal controls, including segregation of duties, disbursement approvals, and independent bank reconciliation review
Deliver monthly fund-accounting financial packages for all associations on a set schedule
Oversee assessment billing, accounts receivable, and delinquency reporting
Lead the annual association budget cycle and incorporate reserve studies into the budgets
Work with independent auditing and accounting firms to provide the information required for audits, reviews, and association tax filings (Form 1120-H/1120)
Track and complete filings for the associations
Manage banking relationships and association investments within policy limits
Learn and work within our association management software, automate manual steps, and develop written SOPs for accounting and financial responsibilities
Lead and develop the accounting team, with cross-training on every critical process
Provide financial training for boards of directors as needed
Present financial results clearly to volunteer boards and treasurers
Qualifications:
Bachelor's degree in accounting, finance, or a related field
5 years of progressive accounting experience, including 2 years leading a team
Experience with fund accounting, trust/client-funds accounting, or multi-entity fiduciary accounting
A track record of designing and enforcing cash disbursement controls
Experience with an accounting software implementation or conversion
Advanced Excel skills and comfort working directly with data
The ability to explain financials to a board in easy-to-understand language
About Company
AMI Management Services Inc. has managed community associations in the Indianapolis area since 1991. We work with the boards of directors of condominium associations, homeowner associations, and planned unit developments.
Salary : $60,000 - $70,000