What are the responsibilities and job description for the Accounting Specialist position at Esplanade Equity LLC?
Position Summary
The HOA Accounting Specialist is responsible for managing the financial operations of homeowner's associations, ensuring accurate accounting, compliance with governing documents, and timely financial reporting. This role supports boards of directors, property managers, and external auditors by maintaining precise financial records and handling day-to-day accounting functions.
Key Responsibilities
Maintain accurate general ledger records for assigned homeowners associations
Process accounts payable and receivable, including vendor invoices and homeowner assessments
Reconcile bank accounts, reserve accounts, and investment statements
Prepare monthly financial statements, balance sheets, income statements, and variance reports
Manage homeowner billing, collections, late fees, and payment plans in accordance with HOA policies
Assist with annual budgets, reserve studies, and financial forecasting
Support annual audits, reviews, and tax filings by preparing required documentation
Ensure compliance with HOA governing documents, management contracts, and applicable laws
Respond to financial inquiries verbally and written from board members, homeowners, and property managers
Maintain accurate records in HOA accounting software and document management systems
Other duties as assigned
Qualifications
Associate’s or Bachelor’s degree in Accounting, Finance, or related field (preferred)
2 years of accounting experience; HOA or property management experience strongly preferred
Knowledge of GAAP and fund accounting principles
Proficiency with accounting software (e.g., Strongroom, QuickBooks, or similar)
Strong Excel skills and attention to detail
Ability to manage multiple associations and deadlines simultaneously
Excellent written and verbal communication skills
Preferred Skills & Attributes
Experience working with boards of directors or community associations
Familiarity with reserve accounting and assessment structures
Strong organizational and problem-solving skills
High level of integrity and confidentiality
Customer-service mindset when interacting with homeowners
Work Environment
In office Monday-Friday
Salary : $45,000 - $55,000