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Assistant Accounting Manager in Chantilly, VA at Long & Foster Companies

Date Posted: 2/12/2018

Job Snapshot

Job Description

Under the direct supervision of the Manager, the Assistant Accounting Manager ensures the accurate and timely processing of rental checks, commission checks and vendor payments.  Manages the 1099 and 1042 process.  Troubleshoots problems and answers questions from Property Managers and administrative staff regarding PM or Resort Rentals.  Serves as the point of contact for inquiries from the field staff for resolution of issues.  In addition, responsible for various financial duties within the department to include bank reconciliations, monitoring of ledger activity and assistance in analysis of financial statements.  In addition, will assist with day-to-day workflow, supervision of staff and act as back up for the Department Manager.

Assistant Accounting Manager, Property Management

Key Responsibilities:

  • Manages the 1099 and 1042 process
  • On a daily basis, responsible for the payment of vendor invoices, printing checks, processing of management fees and preparing owner's draws
  • Acts as point of contact and is the liaison with the Property Manager staff regarding inquiries regarding owner statements and account transactions
  • Reviews returns and NSFs.
  • Works with Accounting Teams to develop a training plan for the field staff and responsible for the roll-out of that plan
  • Assists the Manager in establishing and maintaining controls to improve efficiency and effectiveness within the department and adherence to policies and procedures
  • Performs monthly audit of Property Management portfolios (i.e., negative balances and e-payment reports)
  • May assist with the final review of monthly bank reconciliations and ensure the resolution of all discrepancies
  • During the monthly close process, assists in the reconciliation of general ledger entries and analyze to ensure accuracy
  • Cross trains with the Accounting Teams to act as backup when needed or to assist during high volume periods
  • Assists in implementation of new accounts/mergers, including account set-up, training, field contact, etc.

Job Requirements


  • Bachelor's degree or equivalent
  • Minimum five years accounting experience
  • Knowledge of Dynamics GP (Great Plains) accounting software
  • Residential Property Management experience
  • Experience in processing real estate transactions