Accounting Manager in Memphis at Vaco

Date Posted: 6/27/2019

Job Snapshot

  • Employee Type:
  • Location:
  • Job Type:
  • Experience:
    6 to 8 years
  • Date Posted:
  • Job ID:

Job Description

Vaco Financial is working with a company that is currently searching for an Accounting Manager to work at their Corporate office located in Memphis, TN.

Essential Duties and Responsibilities

  • Gain complete understanding of client accounting requirements, communicate requirements to property accounting teams, and ensure requirements are met as established by the client.
  • Reviews staff work product, including financial packages, to ensure its complete, accurate and timely release to internal departments and external clients.
  • Troubleshoots escalated issues and ensures internal and external customer requests are handled timely, accurately and with a focus on customer service. Creates a positive customer experience by opening and maintaining constructive and reliable lines of communication.
  • Verifies and ensures accounting team's debt, real estate tax, sales tax and owner distribution payments are made timely and internal databases are updated and maintained accordingly.
  • May assist with internal and external property and client transitions. Works with other internal teams in handling special requirements as defined in the Management Agreement.
  • Participates in external audits as needed.
  • May review budgets and annual year-end recovery calculations to ensure timely completion.
  • Coordinate process and perform quality review of annual billing reconciliations, annual budgets and quarterly forecast for assigned properties.
  • Function as a resource to property teams to coordinate procedures, respond to accounting questions, and respond to client questions.
  • Assist in conducting training initiatives developed for property accounting personnel.
  • Participate in special projects working with Controller and/or CFO as needed.
  • Coordinate cash management activities between owner and property teams.
  • Develop and implement proper industry-standard accounting policies and procedures.
  • Performs and oversees bank reconciliations and cash management
  • Effective oversight and review of the general ledger and job cost accounting
  • Oversight of bank administration, opening and closing accounts, outgoing wires and user maintenance
  • Oversight/coordination of general ledger accounts, accounts receivables, journal entries and accounts payables
  • Provides cash flow projections and analysis of cash reserve
  • Monitors and reviews income/property tax and insurance payments
  • Other duties, as assigned.


  • Minimum of 6-8 years of related accounting experience (3 years of which would preferably have been in the real estate field)
  • BA or BS in Accounting
  • Strong proficiency using cash basis accounting
  • Ability to independently and effectively operate in a fast-paced environment
  • Experience with accounting software, preferably Great Plains
  • CPA required

REF # 173708