Fund Accounting Manager

Location

Business

We are a leader in the single-family rental (SFR) Aggregation space with over 10,000 homes across the Southeast and Midwest. Maymont Homes was founded in 2011 to bring technology to the single-family rental space. Over the years we have become a full-service acquisition, renovation, and property management company growing throughout the South and Midwest. By the application of efficient processes enabled by advanced software, our company can provide clean, safe, affordable housing to thousands of people. We strive to offer better living opportunities for individual families, which ultimately improve the lives in the communities we serve!

Job Description

Job Title: Fund Accounting Manager
Reports to: Vice President, Fund Accounting
FLSA Status: Exempt
Supervise Others: Yes

Primary Responsibilities: The Fund Accounting Manager is primarily responsible for day-to-day accounting functions related to fund reporting with a strong understanding of fund and property management documents and reporting 
requirements ensuring the production of meaningful and accurate financial reports for investors and lenders; as well as the supervision, guidance, and training of the Fund Accountants. The Manager will also be responsible for managing the workload of the department to ensure deadlines are met and efficiencies are in place. 

Skills & Competencies:

• Bachelor’s degree in Accounting (Masters and CPA Preferred)
• 5+ years of similar or related Accounting experience
• Advanced knowledge of Microsoft Excel and accounting software
• Experience communicating with various investors
• Demonstrated strong written and verbal communication skills
• Demonstrated customer service skills in fast fast-paced environment
• Detail-oriented, with the ability to produce high-quality work in a deadline-oriented environment and an ability to multitask
• Ability to prove critical thinking and problem-solving concepts
• Ability to thrive in a high volume, data entry, and processing work environment, where applicable
• Experience working in a work schedule environment, including in-office operations, weekends, and holidays, based on business needs.

Essential Job Functions:

• Directly supervise the work of the Fund Accountants. Direct their activities, review their work, motivate, mentor and grow their knowledge skills, and abilities.
• Manage workload of department, fund assignments, delegating work to staff and ensuring department meets all deadlines. 
• Act as a resource to Senior Fund Accountants, assisting them with complex issues and helping them grow their knowledge and abilities.
• Assists in the hiring of accounting staff and conducts performance evaluations and goal setting.
• Act as a backup to the Vice President, Fund Accounting.
• Responsible for new fund setup, cash mapping and workout initial accounting
• Spearhead process improvement to gain accuracy and efficiency
• Perform higher-level duties such as Reporting Pack and Consolidated Financial Statement preparation.
• Responsible for the month-end-close process of your respective funds including but not limited to the preparation of the fund's work papers, reconciliation of all Balance Sheet accounts, and ensuring the accuracy of all sub-ledgers.
• Produce accurate and timely financial statements while meeting all lender and reporting deadlines.
• Ability to abstract various agreements to ensure all reporting requirements are met and all fees are collected.
• Maintain general ledgers and sub-ledgers on an accrual basis reflecting property performance with an ability to report on a fund/lender and market basis.
• Responsible for oversight of fund cash movement to ensure it is in agreement with all lender requirements.
• Assist in the planning and creation of PBC support schedules for annual audits.
• Provide necessary information to Asset Management to assist in Investor Reporting and fund decision-making.
• Participate in the review of the Staff Accountant's work within your Fund. Including but not limited to Workpapers, JEs, and Cash Reconciliations.
• Participate in training of new team members within the Fund Accounting Team.
• Assist in the preparation of various financial ad hoc requests.
• Assist in software implementation support and testing. 
• Other duties and projects, as assigned by supervisor or leadership team.

Key Metrics & Responsibilities:

• Investor and lender reports issued by required fund deadlines
• Monthly work papers submitted and approved by fund deadlines.

Physical Requirements:

• Capable of working extended hours, including evenings, weekends, and holidays as necessary.
• Must be able to speak English in a clear and understandable voice so that various types of communications may be conducted with people of various levels of education and capabilities, including the exchange and receipt of information over the telephone.
• Able to see well enough to read faint or partially obscured writing or printing, with corrective lenses if needed.
• Position may involve sitting, standing, stooping, kneeling, pushing, shoving, lifting, carrying and moving objects that can weigh up to 25 lbs. This movement can occur throughout the day. Must also be able to climb several flights of stairs if necessary.
• Must be able to interact with all types of individuals, be mentally alert, detail oriented, and with good reasoning skills.
• Must have finger dexterity for typing/using a keyboard.

Environmental Requirements:

• Must be able to work on more than one assignment at a time with frequent interruptions, changes, and delays.
• Must be able to remain focused and work effectively, efficiently, and cheerfully under such circumstances. For safety reasons, employee must remain alert to working conditions and aware of safety, health, and environmental concerns.
• Must be able to work effectively and cheerfully in an environment that may be stressful due to adversarial situations resulting from the proper performance of duties.
• Must be able to work in the office as regularly scheduled.

The physical demands described here represent those that must be met by an employee to successfully perform the job's essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. 

DISCLAIMER: This is not an all-inclusive job description; therefore, management has the right to assign or reassign 
schedules, duties, and responsibilities to this job at any time.

Why work for Maymont Homes ​?

Our Mission – “We Positively Impact the Lives in the Communities We Serve”. We do this through the work we do and the volunteer efforts that the company sponsors. You can make a difference in your community while you work!

Outstanding benefits package – our benefits are provided by Brookfield and offer immediate 5% match on the 401(k) plan, wellness credits that significantly reduce the employee cost for health care coverage, and up to 160 hours of PTO per year for full time employees.

Huge parent company – support and backing from Brookfield Asset Management, one of the largest real estate asset management companies.

Career growth – with our plans for growth and expansion into new markets, there are many opportunities to move up within the company.

Equal Opportunity Employer: Minorities/Religion/Sex/Protected Veterans/Disability/Sexual Orientation/Gender Identity/Marital Status/Pregnancy/Age/National Origin/Genetic Information. #MYMT