Senior Account Executive

The Senior Account Executive in property management is responsible for overseeing and managing the financial accounts related to properties, and ensuring compliance with all relevant regulations. The role includes a mix of financial reporting, cross department interaction, and property-related accounting tasks, with an emphasis on driving operational efficiency and profitability for both the company and the clients.

Key Responsibilities :-

1. Financial Management and Reporting :

• Oversee financial accounts for multiple properties or portfolios.
• Prepare and review financial statements, including balance sheets, profit and loss, and cash flow statements.
• Ensure timely processing of rent collections, deposits, maintenance invoices, and other property-related expenses.
• Generate and prepare monthly financial reports to clients.
• Monitor property budgets, ensuring expenses are controlled are variances are addressed.

2. Account Payable & Receivable :

• Manage the account payable process, ensuring bills and invoices are paid on time.
• Track rent and other income payments, ensuring timely collection and accurate recording.
• Review security deposit accounts in monthly basis, and ensure appropriate handling per lease agreements.
• Review deposit refund account in daily and weekly basis to ensure refund is being made within 7-14 working days.

3. System and Process Improvement :

• Implement and maintain accounting software together with property management system.
• Analyze and recommend improvements to accounting processes to enhance accuracy and efficiency.

4. Compliance and Regulatory Oversight :

• Ensure that all financials comply with local, state and federal regulations.
• Stay updated on property tax regulations, real estate laws, and other relevance compliance matters.
• Assist with audit and tax matters and ensure proper documentation is maintained for audit and tax purpose.

5. Additional Task :

• Perform any other appropriate duties upon request by the Director or the Manager.