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Accounting Manager, Capital Expenditures

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Posted : Sunday, August 25, 2024 05:22 PM

Accounting Manager, Capital Expenditures This position will work out of our Irvine office.
Oakmont Management Group (OMG) is looking for a full-time Accounting Manager, Capital Expenditures, for a busy and growing company.
Oakmont is proud to offer luxury amenities and services to both active seniors and those in need of quality assisted living and memory care services.
Oakmont currently operates 89 communities throughout California, Nevada, and Hawaii, with more communities in the new development pipeline.
We’re seeking an experienced accountant to join our team in the role of Accounting Manager, Capital Expenditures.
This role will be responsible for leading accounting and financial reporting activities, with an emphasis on capital project and fixed asset accounting.
The Accounting Manager is responsible for moderately to highly complex accounting activities related to the management of fixed assets and project accounting (including Community Design & Construction projects).
The Accounting Manager provides support and collaboration for project related interactions with Project Managers, Purchasing Managers, Financial Reporting teams, and other various accounting resources.
Objectives of this Role Lead in the preparation of the yearly fixed asset budget across multiple entities.
Partner closely with Capital Projects Team and Property Accounting to review capital expenditure activity and provide variance analysis.
Direct and coach A/P and Treasury to process capital expenditures, maintaining and updating capital project budgets, placing capital assets into service in fixed asset system, as well as transferring and retiring fixed assets.
Coordinate between Project Management and Accounts Payable to ensure costs are capitalized appropriately.
Reconcile capital projects; communicate with project managers regarding status of capital projects nearing completion and close projects as required.
Perform general accounting activities, as needed, including but not limited to preparing reconciliations, posting journal entries, and/or performing other month-end close tasks.
Prepare and maintain capital expenditure reporting as required by individual capital partners.
Perform CIP analysis and ensure accurate inter-company transfer of fixed asset costs, accumulated depreciation, and depreciation expense, as well as all project related expense to the responsible business units monthly All accounting functions including acquisitions, dispositions, transfers, projections, and the monthly close for fixed assets.
Prepare monthly general ledger reconciliation schedules with the ability to communicate account activity to all levels of management Ability to execute, review, and present all quarter-end and year-end Tax reporting from the Fixed Asset subledger system, as well as support other ad hoc Tax requests Review and analyze current finance processes, making appropriate recommendations for improvements and efficiencies Lead implementation of software enhancements including construction in progress tracking and approval workflow.
Resolve RealPage Project Accounting and Fixed Asset software issues from a user perspective including support for technology enhancements, break/fix issues, and any necessary ad hoc testing Own and keep up-to-date current Company Capitalization Policy and act as a resource for the team on all capitalization/expense issues.
Skills and Qualifications Bachelor’s or higher degree in Accounting or Finance; CPA highly-preferred Strong excel skills and technically inclined mindset for process improvements; Strong knowledge of US GAAP; Excellent written, verbal, communication, interpersonal and presentation skills; Ability to work independently with minimal supervision; RealPage accounting system experience preferred; 5-10 years Accounting and/or Finance experience Minimum of 3-7 years of Real Estate industry accounting experience preferred; Flexible and enthusiastic.
Base pay range: $115k-$140k Actual placement within this range may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.
The Company also offers competitive benefits for full time employees including paid time off, matching 401(k) and health benefits.
Oakmont Management Group is an Equal Opportunity Employer.

• Phone : NA

• Location : Irvine, CA

• Post ID: 9005465649


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