Property Accounts Payable Manager

Blue Water Hospitality Group, LLC•Ocean City, MD

16d•$100,000 - $110,000•Hybrid

About The Position

A problem solver who can motivate and engage an accounting team to ensure the organization adheres to standard practices and procedures and safeguards the organization from financial issues. The Centralized Accounts Payable Manager is responsible for managing and overseeing the processing, recording, and dispensing of payments for all accounts payable for the portfolio of properties in a fully centralized environment. This role supports the strategic vision of the organization through sound fiscal management. Key competencies: Financial Management, Performance Management, Ethical Conduct, thoroughness

Requirements

Exceptional knowledge of finance, accounting, budgeting, cost accounting and cost control principles, and Generally Accepted Accounting Principles (GAAP)
Excellent computer skills; experience in accounting software, Microsoft Office Suite
Ability to manage employees while multi-tasking large projects
Pays strict attention to detail and is highly organized.
Must be resourceful.
Excellent written and verbal communication skills
Strong analytical skills
Bachelor’s degree in accounting or related field
3-5 years of bookkeeping, accounts payable or receivable experience and demonstrate a familiarity with basic accounting principles and procedures.
1-3 years of Leadership

Responsibilities

Responsible for leadership of accounts payable centralized property team.
Ensures sound judgment is used and adherence to standard practices and procedures are met through direct supervision and leadership of the team
Responsibility for consistent performance management of employees including but not limited to hiring, firing, performance management, annual reviews, etc.
Advises team on non-standard or non-routine requirements.
Provides regular training and coaching to staff for optimal performance and accuracy.
Ensures accurate and timely invoice processing, payments, supporting property partners, and responding to vendor inquiries and escalations.
Develop, implement, and maintain systems, procedures, and policies, including accounts payable functions, to ensure adherence to company guidelines.
Performs and/or reviews tasks related to Accounts Payable month-end close including journal entries and reconciliations, in accordance with company policy
Ensures effective communications are maintained within the department and externally.
Investigates and Monitor Accounts payable aging for old and/or past due items.
Oversees the production and reconciliation of annual 1099s and oversees any investigations of all discrepancies to ensure accurate and timely reporting in accordance with IRS regulations.
Oversees proper maintenance, filing and storage of invoice and vendor records.
Assists with monthly financial income statement and balance sheet reviews/provides feedback to property staff accountants as needed.
Maintains a high degree of confidentiality.
Performs other duties as assigned.
Provides regular and reliable attendance.