Jobs and Careers

Director of Accounting - Cash Management, A/P, Treasury - Multi-Family Property Management

Gaithersburg, United Statesfull_timeVerifiedPosted 10 Mar 2025

💰 $125,000/yr($95,000/yr – $125,000/yr)

About the role

Director of Accounting - Cash Management, A/P, Treasury - Multi-Family Property Management

OVERVIEW

The Director of Accounting for Cash Management, Accounts Payable (A/P), and Treasury is responsible for supervising a team in the administration of Accounts Payable, maintaining all banking requirements and processing transactions for both the corporation and portfolio of properties managed. This position will be responsible for adhering to practices and procedures to ensure the timely processing of invoices, processing of cash transactions are in compliance with bank and regulatory requirements, maintaining all bank accounts and balance reporting, opening and closing bank accounts as needed, reconciling banking activity to all general ledgers, processing certain types of bank transactions, and reporting bank balances accurately and timely as required.

This position manages others, and work hands-on as needed, in executing the responsibility of maintaining accounting principles, practices and procedures to ensure accurate and timely financial transactions for associated transactions across our company. This position addresses tight deadlines and a large volume of transactions for hundreds of entities, vendors, suppliers, and accounts. In addition, this role will develop relationships with internal and external stakeholders, including clients, property site employees, operations leadership, and corporate/departmental staff which requires strong interpersonal (verbal and written) communication skills. This role is responsible for training, mentoring, supervising, developing, coaching, and leading a team of direct reports.

This is not a remote role. Required workplace is in our company's headquarters office in Gaithersburg, MD. This role is full-time and will require a Monday-through-Friday schedule, with the occasional evenings or weekends required as business needs demand.

RESPONSIBILITIES & DUTIES

Lead by example in demonstrating a thorough understanding of accounts payable processing, the financial reporting and general ledger structure and all core accounting principles and best practices.
Oversee and manage directly subject matter experts in each of the key accounting functional areas under this role’s responsibility to ensure the timely and accurate execution of all assigned tasks, duties, projects, transactions, and responsibility. Will also work with third-party vendors and contractors engaged to supplement the labor force and workload.
Ensure the timely and accurate reporting of cash balances and activity on a daily, weekly, monthly, and year-end basis based on corporate and client needs.
Perform daily banking transactions independently, or monitor such tasks for completion if assigned to a team member.
Perform daily, weekly, monthly, quarterly, annual accounting transactions review for assigned entities.-not sure this applies
Collaborate with the other accounting and operations managers to support overall department goals and objectives.
Respond to inquiries from ownership groups, regulatory agencies, Accounting Supervisors, and other finance and firm wide managers regarding transactions, reports, special requests, and the like.
Assist with the year-end audit process.
Treasury transactional tasks include, but are not limited to supervising or executing: bank statement downloads, process timely invoice payments, process demand checks, process wires and ACH, reconcile positive pay, payroll funding, retrieve and update cash balances daily, perform funding transactions, open and close bank accounts based on operational activity, reconcile all bank accounts based on required timing, and report cash balances.
Supervise, manage performance, train/retrain, recruit/hire, and other managerial responsibilities for multiple direct reports. Develop and manage to individual, professional, team, and organizational goals and objectives. Demonstrate strong engagement and leadership skills to positively engage, communicate, motivate, teach, grow, encourage and inspire outstanding contributions.
Support Accounting and company leadership with special projects or other tasks, duties, or responsibilities as assigned.