What are the responsibilities and job description for the Accounting Manager position at Extell Development Company?
The Company:
Extell Financial Services, Inc. (EFS) provides financial accounting & reporting, information technology, operations, and human resource services exclusively for Extell Development Company and its affiliates. EFS has been recognized six times as one of Kentucky’s Best Places to Work.
Founded and headed by Gary Barnett, Extell Development Company is a nationally acclaimed real estate developer of luxury residential, office, retail and hospitality properties operating primarily in Manhattan and other premier locations across the nation. Experiencing outstanding growth since its founding in 1989, this innovative company’s growing portfolio exceeds twenty-five million square feet.
Supervisory Responsibilities:
- Oversees all financial operations for assigned operational projects, including accounting functions and reporting across staff levels (Assistant Managers, Senior Accountants, Staff Accountants, and other administrative staff, as required), month-end and year-end close processes, and comprehensive cash management activities (including, but not limited to, wire transfers, deposits, bank draws, reconciliations, projections, job costing, and receivables).
- Leads and develops accounting staff through coaching, training, performance management, and goal setting, while ensuring adherence to company policies, procedures, and internal controls.
- Oversees and coordinates annual filings as necessary, including but not limited to RPIEs and 1099s.
- Assesses current and future staffing needs based on workload, team performance, and business requirements.
- Oversees and assists with the onboarding of new team members, including assigning training resources and monitoring progress.
- Coordinates budget preparation for assigned operational properties.
Summary of Non-Supervisory Responsibilities:
- Delivers timely and accurate financial information to internal stakeholders for all assigned projects.
- Proactively communicates project updates, process issues, and team activities to internal stakeholders.
- Prepares, reviews, and analyzes financial reports to interpret and summarize financial performance and position.
- Drives continuous process improvement initiatives to increase efficiency, strengthen controls, and improve reporting accuracy.
- Ensures compliance with financial reporting requirements, company policies, and internal controls.
- Assists with year-end audits and tax return preparation performed by external CPA firms.
- Identifies opportunities for automation, standardization, and process enhancement.
- Other duties as assigned.
Education and Experience:
- Bachelor's degree (B.A.) in Accounting or related field from an accredited four-year college or university required.
- Minimum of six (6) years’ related Accounting experience required.
- Minimum two (2) years’ experience leading a team of accounting personnel required.
- Minimum three (3) years’ experience in construction/real estate development and/or property management accounting preferred.
- Minimum three (3) years’ auditing experience in public accounting preferred.
- Yardi, Intacct, Timberline, or other GL accounting system software knowledge preferred.
- CPA license or pursuit of CPA license preferred.
Competencies:
- Demonstrates strong knowledge of accounting principles, financial reporting, reconciliations, month-end close processes, and operational accounting practices.
- Analyzes financial data, identifies issues, evaluates alternatives, and recommends practical solutions.
- Maintains a high degree of accuracy and thoroughness while managing multiple priorities and deadlines.
- Effectively organizes work, prioritizes tasks, and manages competing deadlines in a fast-paced environment.
- Provides guidance, coaching, training, and constructive feedback to develop individual and team performance.
- Communicates financial information clearly and works effectively with internal departments, stakeholders, and team members.
- Identifies opportunities to improve efficiency, strengthen controls, and streamline accounting processes.
- Exercises sound professional judgment and escalates issues appropriately when required.
- Maintains confidentiality, demonstrates ethical behavior, and accepts personal responsibility for results.
- Utilizes accounting systems, reporting tools, and Microsoft Office applications to improve productivity and reporting effectiveness.
Work Environment:
- Office environment with the usual office equipment and minimal noise level
Physical Requirements:
- Prolonged periods of sitting at a desk
- Ability to move around office environment and attend frequent meetings.
Compensation & Benefits:
- Extell Financial Services Inc. offers opportunities for professional growth and advancement; and competitive pay and benefits to include:
-Medical, Dental, and Vision Insurance
-Company paid Life and AD&D Insurance
-Company paid Short- and Long-Term Disability
-401(k)
-Paid Time Off
-Paid Holidays
-Employee Assistance Program
*Equal Opportunity Employer