Demo

Business Office Manager

Kensington Senior Living
Bethesda, MD Full Time
POSTED ON 2/8/2025
AVAILABLE BEFORE 5/7/2025

Why Kensington Senior Living? Because Our Promise to love and care for your family as we do our own. These are not just words - but something all of us at Kensington Senior Living strive to deliver each day. We're looking for a Business Office Manager to join our newest senior living community in Bethesda, MD.

Join us to discover your path, grow your purpose, and embrace the unexpected : deeper connections, greater opportunities, and a stronger sense of belonging.

Salary : $100,000 - $110,000 20% Annual Bonus Potential

Experience : 3 years of Financial Management experience, preferably within a senior living community or home care environment, bachelor's degree (Preferred)

Work Location : In-Person

Job Status / Schedule : Full-Time, including Weekends, Holidays, Evenings, On-Call

What does Kensington Senior Living offer you?

  • Competitive Salary and Annual Bonus Potential
  • Health, Dental, Vision, Life Insurance, and other optional benefits.
  • 401(k) Plan
  • Paid Vacation
  • Employee Assistance Program
  • Employee Referral Bonus Program
  • Complimentary Meals
  • Growth Opportunities

Overview :

The Business Office Manager is responsible for the accounting and financial management duties of the community and for overseeing the performance of the community concierge staff.

What will you do as the Business Office Manager?

  • Manages the accounts receivable process including monitoring of move in and move out activity, posting of charges into billing system, sending out monthly bills, and posting and depositing resident payments.
  • Ensures timely collection activities, through follow-up inquiries, solving payment discrepancies.
  • Reports delinquent accounts to the Executive Director and negotiates with past due accounts.
  • Maintains confidentially all resident information and adheres to accounting practices to ensure that resident funds are maintained in accordance with current federal and state regulations and guidelines.
  • Manages the accounts payables process including creating 1099s for new vendors, monitoring service agreements, timely batching of vendor and service provider invoices and expense vouchers for payment and filing of invoices and paperwork. Reconciles P Card receipts daily.
  • Manages the process for ensuring financial objectives are regularly communicated to all departments.
  • Ensures that department directors properly code invoices for payment and are managing effectively against "spend down" goals.
  • Assists the company Controller in preparing monthly financial operating statements, balance sheets, cash flow statements, capital expense summaries, and other financial reports. Assists Executive Director in development of budgets and forecasts, analysis of variance payroll and expenses to budget, and monitoring of capital expenditure expenses.
  • Conduct weekly Spend Down meetings with department heads to ensure labor and controllable expenses are in line with financial targets. Advises department heads and the Executive Director of the results of the spend down reviews and recommends corrective actions where required.
  • Maintains office equipment including computers, Wi-Fi, postage machines and copiers.
  • Interviews, makes hiring recommendations, trains, orients, supervises, evaluates the performance of Concierge personnel. Sets departmental priorities and makes job assignments. Keeps team members informed of changes that affect them.
  • Attends training courses and participates in other professional development activities as required.
  • Knowledge & Skill :

  • Must have excellent verbal skills and communication abilities.
  • Ability to work effectively within a team-based environment.
  • Strong time management and organizational skills.
  • Must possess analytical skills and be able to effectively handle multiple projects concurrently.
  • Must demonstrate effective negotiation techniques.
  • Knowledge of Generally Accepted Accounting Practices and local, state, and federal tax laws.
  • General knowledge of state and federal labor and employment practices requirements.
  • Must have excellent computer skills including Word, Excel, Outlook, Power Point, and Property Management Systems.
  • Pre-Employment Requirements :

  • Successful completion of criminal background check in state of employment.
  • Demonstrate freedom from Tuberculosis by PPD / TB test or chest x-ray, documenting the absence of tuberculosis in a communicable form.
  • Pass a pre-employment drug test.
  • Mental and Physical Requirements :

  • Requires ability to stand and walk short and long distances for extended periods of time.
  • Must be able to lift and / or carry objects in excess of 25 pounds.
  • Requires reaching above, below, and at shoulder length.
  • Ability to remain calm and positive in stressful situations.
  • We are an equal opportunity employer. All requirements are subject to possible modification to reasonably accommodate individuals with disabilities.

    Salary : $100,000 - $110,000

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