Condominium Accountant

Job description

Compensation Amount: 60,000.00 USD Annual Job Summary: The Condominium Accountant is responsible for managing the financial operations of multiple condominium and homeowners’ associations. This role ensures accurate financial reporting, compliance with association governing documents, and adherence to accounting standards while supporting property managers and board members with financial information and analysis. Job Description: ESSENTIAL FUNCTIONS - Prepare monthly financial statements for assigned condominium and HOA associations, including but not limited to, Balance Sheet, Income Statement, General Ledger, Bank Reconciliation. - Maintain accurate financial records for each association - Process and review vendor invoices for payment. - Ensure invoices are properly approved according to association procedures. - Manage check runs and electronic payments. - Record and reconcile owner assessment payments. - Monitor delinquent accounts and coordinate with collections/legal when necessary. - Apply late fees and interest according to association policies. - Perform monthly bank reconciliations for operating and reserve accounts. - Track reserve investments and transfers. - Investig...