Accounting Specialist Job at KBK Enterprises in Columbus

Description:

Job Details:

Job Location: Columbus, Ohio

Description:

Who We Are

Real Estate Development with a Purpose

Founded in 2004, KBK Enterprises is one of the country's most successful African-American-owned real estate development firms, closing over one billion dollars in real estate. We have a unique perspective regarding community development in that the founder, Keith B. Key, grew up in the public housing communities of Pittsburgh. He created a company that sought to redevelop and revitalize neighborhoods by providing economic development opportunities to residents. These experiences offer KBK Enterprises an excellent appreciation for maintaining a sense of community and partnership while vastly improving the quality of life for all residents of KBK Enterprises managed and owned properties. To further this mission, KBK Enterprises partners with Minority and Women-Owned Businesses in the construction industry to support and advance disenfranchised businesses. By partnering with diverse suppliers, our team uses the benefits of experience, performance, and community development to deliver a full range of professional construction services.

Position Summary:

The Accounting Specialist at KBK Enterprises will perform monthly financial activities including general ledger review, financial analysis, and general accounting functions as they relate to real estate property management operations. Ability to resolve and analyze accounting issues in accordance with GAAP procedures and support the strategic direction of the company's purpose and mission.

Working Relationships:

The Accounting Specialist reports to the Financial Controller and is expected to perform the duties and responsibilities outlined below.

Position Responsibilities:

Accounts Receivable (AR) Responsibilities:

1. Invoicing: Prepare and issue invoices to customers or clients for products or services rendered.

2. Payment Collection: Monitor and process incoming payments, ensuring timely receipt.

3. Account Reconciliation: Reconcile AR ledger balances with bank statements and customer accounts.

4. Cash Application: Apply payments to the correct customer accounts and invoices in the accounting system.

5. Aging Reports: Generate and analyze accounts receivable aging reports to monitor overdue accounts.

6. Customer Communication: Follow-up on outstanding invoices, sending reminders, or making collection calls when necessary.

7. Credit Management: Assess and monitor customer credit limits and manage any credit-related issues.

8. Record Keeping: Maintain accurate and organized records of all AR transactions and supporting documentation.

Accounts Payable (AP) Responsibilities:

1. Invoice Processing: Review and process vendor invoices for payment, ensuring accuracy and proper coding.

3. Vendor Account Reconciliation: Reconcile AP ledger balances with vendor statements and resolve discrepancies.

4. Expense Reporting: Monitor and report on company expenses, ensuring proper documentation and approval.

5. Payment Schedules: Manage payment schedules to ensure that payments are made on time, taking advantage of discounts when possible.

6. Compliance: Ensure compliance with internal controls, company policies, and relevant regulations in processing payments.

7. Month-End Close: Assist in the month-end closing process by providing necessary AP-related information.

8. Audit Support: Prepare and provide necessary documentation for internal and external audits related to AP transactions.

General Responsibilities:

- Data Entry: Accurately enter financial data into accounting systems.

- Reporting: Generate various financial reports related to AR and AP as required by management.

- Internal Communication: Coordinate with other departments to resolve issues related to AR and AP.

- Process Improvement: Identify opportunities for improving the efficiency and effectiveness of AR/AP processes.

- Assist property management company, review, and collaborate on projects as assigned.

Requirements:

Required Knowledge, Skills, and Abilities:

• Exceptional analytical and problem-solving skills. Attention to detail, accuracy, and multi-tasking is essential.
• The ability to use a PC and widely used software including Yardi Software is preferred.
• Ability to work cooperatively and collaboratively within a team.
• Ability to act and operate independently with minimal daily direction from the manager to accomplish objectives.
• Excellent verbal and written communication skills.

Qualifications:

• BS/BA in accounting with 3-5-year(s) experience in real estate accounting (affordable housing/HUD preferred)
• Five or more related experience and/or training, or equivalent combination of education and experience.
• A CPA license is preferred but not required.

Additional Information:

• Please submit your resume along with your salary requirements for consideration.
• As a condition of employment, a satisfactory drug test and background check are required.
• In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire.

Benefits:

• Medical and Dental
• Employee Assistance Program
• Supplemental benefits available
• Competitive Salary
• Prorated PTO after 90 days, ten days PTO after the first calendar year, 15 days on year two, 20 days on year six, 25 days on year eleven
• 10 Paid Holidays, including Birthday upon hire.
• A culture focused on community impact, diversity, collaboration, and continuous improvement, with an underlying commitment to social responsibility and professional growth.

Salary Range:

$55k to $65k Annually

Job Type & Schedule:

Exempt M-F 8-5 and on-call as needed, particularly during critical financial periods such as month-end or year-end closings.

This job description is intended to convey information essential to understanding the scope of the position. It is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it.

KBK Enterprises is an Equal Opportunity Employer and complies with all applicable national, state, and local laws pertaining to nondiscrimination and equal opportunity. We do not discriminate, exclude people, or treat them differently because of race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy, or any other basis protected by law.