A/P, Cash Management & Treasury Manager - Multi-Family Property Management

Company: pratumco
Location: Gaithersburg
Posted on: April 11, 2025

Job Description:

A/P, Cash Management, & Treasury Manager - Multi-Family Property ManagementOVERVIEWThe Accounts Payable (A/P), Cash Management, and Treasury Manager 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 works 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.
• 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.MINIMUM REQUIREMENTSEducation
  • BA/BS in Business with an emphasis in Accounting is desired, CPA is a plus.Technical Skills and Prior Experience
    • 5-7+ years experience in the accounting field within these specialty areas, particularly with financial reporting/general ledger exposure. 3-5+ years prior experience in a supervisory capacity. Experience working in multi-family real estate, specifically affordable housing property management, is required.
    • Must be PC proficient and able to thrive in a fast-paced setting. Experience with Yardi required. Exposure to RealPage, MRI, or other large automated accounting system highly preferred. Must have strong experience with Microsoft Office Suite (Excel, Outlook, Word, Teams, etc.).
    • Strong interpersonal and customer service skills required.
    • Strong English spoken/verbal and written communication skills.
    • Ability to manage multiple tasks, prioritize/reprioritize on conflicting or overlapping timelines, work under pressure, and meet deadlines as required.
    • Ability to work independently and as part of a team and take on new tasks with a moderate level of difficulty.
    • Superb ability to handle sensitive, confidential, and proprietary information, and is trustworthy to an exceptional degree.This role is exempt and has an anticipated annual pay range of $95k-$115k for a new employee depending on a number of relevant factors including individuals' experience, qualifications, knowledge, skills, abilities, client/property or company budgetary limitations/guidelines, and other job-related company and market considerations. This position may be eligible to receive discretionary and/or performance-based bonuses on a spot or annual basis, which are variable depending on individual merit/performance, budgetary limitations, company performance, and other job-related factors. This non-exempt role will be eligible for overtime for all hours worked in excess of 40 per week. Full-time positions (30+ hours/week) are eligible for 2 weeks paid vacation, 3 weeks sick and related leave, 11 paid holidays, and health & welfare benefits as outlined on the Company's website. To learn more about our company and our benefits, go to: Pratum Companies is committed to a diverse workforce and is an Equal Opportunity Employer.
      #J-18808-Ljbffr

Keywords: pratumco, Washington DC , A/P, Cash Management & Treasury Manager - Multi-Family Property Management, Accounting, Auditing , Gaithersburg, DC