Accounting Controller Job at Gold Property Management in Andover

Company Insurance:

• Review insurance coverage and provide recommendations.
• Serve as a liaison between insurance companies, legal representation, and GPM on claims-related issues when necessary.

Company Budgeting:

• Develop the annual GPM budget with input from senior leadership.
• Produce quarterly budget-to-actual reports and review with senior leadership.
• Provide recommendations for profit distribution based on cash flow analysis.

Company Accounting:

• Manage QuickBooks for entering bills, paying vendors, and recording property income.
• Perform monthly bank reconciliations for all corporate accounts.
• Send invoices for 6D Certificates and Condo Questionnaires.
• Issue 1099 forms to corporate vendors.
• Collaborate with CPA on annual tax returns.

Business Development:

• Handle initial inquiries from investors or associations considering GPM as a partner.
• Attend business development meetings to market GPM.
• Conduct financial modeling for potential property acquisitions.

Property-Level Responsibilities

Accounting:

• Oversee accounting staff responsible for receipts and payables.
• Ensure monthly reconciliations of property bank accounts.
• Collaborate with the property accountant to issue 1099s to vendors and investors.
• Coordinate with third-party CPA firms for tax returns and financial audits.
• Manage monthly investor distributions and related reporting.

Property Budgets:

• Work with property accountants and managers to prepare the annual property budgets.
• Attend HOA board meetings as requested to discuss budgets and property goals.
• Oversee the production of monthly budget-to-actual reports for all properties.

Insurance:

• Ensure appropriate insurance coverage for all managed properties in collaboration with property managers.
• Assist property accountants and managers in managing insurance claims.
  • Track insurance claim income and expenses accurately.

Investor Management:

• Prepare annual budgets for investor-owned properties.
• Produce and distribute quarterly investor reports in coordination with the managing partner.
• Oversee profit distribution to investors, adhering to the LLC Operating Agreement and waterfall provisions.
• Collaborate with CPA firms on annual tax returns to ensure all investors receive K-1 forms.
• Address investor inquiries, escalating to the managing partner when appropriate.