Asset Manager (Accountant)

Job Description

Job Description

Description :

REPORTS TO : Accounting Manager

PURPOSE

TWG currently has 5+ 3rd Party Property Managers for its 50+ properties. The role of the asset manager is to work with these managers to ensure external and internal reporting needs are met, cash flow is managed, and accounting records are accurate.

DUTIES

• Facilitate all communication between TWG and property managers for a portfolio of properties
• Assist with review of monthly financial statements
• Assist with the facilitation of annual audits and tax returns for a portfolio of properties
• Assist with the review and approval of budgets
• Assist in process design and implementation for an evolving department with an emphasis on efficiency
• Assist with the submission of all external reporting (Investors, lenders, etc.)
• Assist with summarization of financial statements for internal parties
• Aid in TWG projections of operating deficit fundings required for a portfolio of properties
• Maintain necessary records of financial transactions for a portfolio of properties
• Maintain accurate cash flow projections for a portfolio of properties
• Maintenance, initiation, and termination of property cash accounts
• Submit monthly and quarterly replacement reserve reimbursements to investors and lenders
• Complete semi-annual surplus cash calculations and communicate with TWG senior management incoming cash flow expectations
• Record reimbursements to and advances from TWG Management
• Maintain real estate tax schedules
• Coordinate and oversee tax appeals with third parties
• Maintain property insurance premium schedules and review the policies annually
• Correspond with investors, vendors and 3rd party management personnel in a timely and pleasant manner
• Contribute to an overall positive work environment

Requirements :