Management Trainee

Key Responsibilities:

Month-End and Year-End Closing

• Lead month-end closing process by analyzing General Ledger, Trial Balance, and preparing journal entries, accruals, prepaids, amortizations, reclasses, and adjustments
• Ensure timely preparation of monthly financial statements

Reconciliations and Financial Accuracy

• Perform reconciliations for bank accounts, credit cards, GL, and other accounts
• Maintain monthly balance sheet workpapers to ensure correctness of financials

Cash Management

• Maintain daily cash logs and monitor cash balances to ensure financial stability

Invoice Review and Expense Management

• Verify invoices for proper account coding and expense allocations
• Manage expenses, receivables, and inter-company reimbursements

Operational Analysis

• Analyze operational results and provide insights on discrepancies or variances
• Support budget preparation and reforecasting, including CAM reconciliations and settlement billings

Financial Reporting and Compliance

• Prepare and submit financial reporting packages within designated timelines
• Ensure compliance with US GAAP and IFRS
• Manage key financial aspects including Federal and State tax payments

Management Fee Billing

• Prepare monthly management fee billing and reimbursement details for property owners

Stakeholder Collaboration

• Liaise with building management, owners, property managers, Board of Directors, and third-party vendors
• Resolve queries and provide timely solutions