What are the responsibilities and job description for the Controller position at HOATalent?
Company Overview :
We are a small but growing commercial lines insurance brokerage specializing in providing comprehensive insurance solutions to Condominium and Homeowners Associations (HOAs). Our team is dedicated to delivering personalized service and tailored coverage options to meet the unique needs of our clients.
Principal Responsibilities / Accountabilities :
Management Tasks
Maintain a documented system of accounting policies and procedures and calendar
Must be familiar with electronic banking functions
Manage outsourced functions such as day-to-day accounting services, payment coupon
Oversee the accounting staff to ensure on-time completion of accounting tasks, including but not limited to those listed below.
Maintain a system of checks-and-balances over accounting transactions, including cross-training of accounting staff
Provide growth / development opportunities for junior-level accounting staff. orders, etc.
Department Tasks
Ensure that accounts payable are paid promptly for corporate, community and rental properties
Ensure that accounts receivable are collected promptly (rents, dues, as well as corporate contracts)
Manage the assessment of and notification of late fees, penalties, and fines
Send periodic payment notices to homeowners
Turn accounts over to attorneys as required
Monitor attorneys' collection efforts
Ensure that multiple, monthly bank and credit card reconciliations are completed
Ensure that required debt payments are made on a timely basis
Maintain the chart of accounts
Maintain an orderly electronic filing system
Assist managers with the preparation of client budgets
Monitor status of tax returns and audits, assist client auditors, as needed
Reporting
Report to the President of the company
Issue timely and complete financial statements for clients and the executive team
Produce timely and correct collection reports
Calculate variances from the budget and report significant issues to management
Maintain and / or implement software packages as may be needed to perform duties
Provide reports for audits as required
Qualifications
Bachelor's degree in accounting
10 years of progressively responsible accounting experience
5 years' experience in rental or community association management experience, or ability to show in-depth knowledge of laws regulating industry
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