Accounting Manager

Maplewood Senior Living•Westport, CT

10d•Onsite

About The Position

The Accounting Manager is primarily responsible for maintaining the integrity of financial reporting. The Accounting Manager will work very closely with the Corporate Controller to develop and implement Maplewood Senior Living’s accounting functions and financial reporting. This role is pivotal in maintaining accurate financial records, ensuring compliance with accounting standards and regulations, and providing strategic financial guidance to the organization.

Requirements

A bachelor's degree in accounting required.
6 plus years of progressively responsible accounting experience, including managerial or supervisory roles.
Proficiency in accounting and financial software (e.g., Yardi, FloQast, Vena, Ramp, FinQuery) and spreadsheet tools (e.g., Microsoft Excel).
Strong knowledge of accounting principles (GAAP) and familiarity with tax regulations and financial reporting standards.
Strong analytical and problem-solving skills to interpret financial data and make strategic recommendations.
Excellent communication skills to convey financial information to non-financial stakeholders and to collaborate with other departments.
Exceptional attention to detail to ensure the accuracy of financial records and reports.
Leadership and team management skills to guide and motivate the accounting team.
High ethical standards and integrity when handling financial transactions and sensitive data.

Nice To Haves

A master's degree or professional certification (e.g., Certified Public Accountant - CPA) preferred.

Responsibilities

Prepare, review, and analyze financial statements, including income statements, balance sheets, and cash flow statements, to ensure accuracy and compliance with accounting standards (e.g., Generally Accepted Accounting Principles - GAAP).
Conduct monthly flux and variance analysis of 18 communities to provide insights into the organization's financial performance and to support strategic decision-making.
Oversee the general ledger accounting process, including journal entries, reconciliations, and month-end and year-end closing processes.
Supervise the accounts payable and accounts receivable functions, ensuring timely and accurate processing of invoices, payments, and collections.
Ensure compliance with state and tax regulations, including the preparation and submission of certain filings (e.g., quarterly and annual state tax payments, property tax declarations, real property income & expense statements, sales taxes, and state regulatory reports).
Coordinate with external auditors and manage the annual audits, ensuring that support is accurate and provided timely.
Develop and maintain internal controls to safeguard the organization's assets and ensure the accuracy of financial data.
Lead and mentor accounting staff, including hiring, training, and performance evaluations.
Identify areas for automation and enhancements to reduce manual procedures and improve accuracy.
Manage the treasury function, including the monitoring of cash flows and bank transfers, to ensure adequate liquidity for operational needs.
Stay current with accounting standards and regulations, such as GAAP, and ensure the organization's financial practices remain in compliance.
Lead and participate in monthly financial reviews with community management by analyzing financial data and interpreting results of operations.
Assist in preparing monthly financial reporting package for upper management and investors.
Assist with development, maintenance, and documentation of all policies and procedures related to assigned areas of responsibility.
Contribute to special projects as assigned, including system implementations and rollout of new policies and procedures.