Accounting Manager

Job Title:

Accounting Manager (For In House Work. We are not interested in outsourcing our books.) - This role is the Manager of the Accounting for our firm. Not the Manager of other Accountants.

Job Description

You will be responsible for:

• Monthly Reconciliations of over a dozen projects and several affiliated entities.
• Review and management of all invoices owed across all projects
• Assisting in the review and payment of construction draws
• Preparing the financials for all our development projects and affiliated entities
• Ensuring that all necessary information is provided to the tax preparer to ensure on-time filing
• Managing and paying loans & mortgages
• Managing project cash flow and communicating with management about potential cash needs and concerns
• Monitor partnership bank accounts to confirm receipt of partner capital contributions and follow up promptly on any outstanding funds.
• Serve as the primary contact for partners regarding equity balances, contribution schedules, and partnership financial projections.
• Reconcile all partnership bank and financial accounts by the 15th of each month in preparation for monthly partner update calls.
• Support monthly partner meetings by preparing and presenting clear financial summaries, capital account updates, and key performance metrics.
• Coordinate with the outsourced property management company to ensure financial statements are accurate, expenses are properly classified, and property budgets remain realistic and aligned with project goals.
• Prepare and compile financial statements, supporting schedules, and documentation for loan applications and lender reporting requirements.

As well as many other tasks.

The most important aspect of this position is proactivity. There is a lot of freedom in this role, and it is essential to have someone who can create their own plan and structure. It is key that you are inquisitive, learn quickly, and take initiative in your work. The right person for this position will be highly motivated, practice extreme ownership in all they do, be well organized, be detail oriented, and be humble and teachable.

Compensation:

This position will have an annual salary of $110,000.

Skills/Attributes to work well at Summa Terra Ventures:

1. Self Motivated and Driven

2. Unrelenting Work Ethic

3. Humble and Teachable

4. Creative

5. Able to Handle and Work Well Under Pressure

6. Problem Solver

7. Organized and Detail Oriented

8. Attitude of Ownership

Summa Terra Ventures is a fast-paced Multi-Family Real Estate Development firm based in Greater Salt Lake City, UT. Our business model involves land entitlement, construction of assets with intent to sell, construction of assets with intent to hold, and capital improvement management. We are a small, nimble team who has experienced a great deal of success. We currently have 2,000 + units either under entitlement, construction, or ownership across Utah, Texas, South Carolina, Missouri and Indiana. We encourage all applicants to review our company website prior to applying. www.summaterraventures.com.

Why work at Summa Terra Ventures?
Working at Summa Terra Ventures offers a unique and exciting opportunity for growth and exploration. As a small organization, we provide ample room for individuals to expand their skills, take on new challenges, and shape their career path. Our culture is driven by a relentlessly curious mindset, encouraging employees to ask questions, explore new ideas, and think outside the box. We embrace unique philosophies and perspectives, fostering a culture of creativity and innovation. Additionally, we prioritize accountability, empowering individuals to take ownership of their work and make a meaningful impact. Join us and be part of a dynamic team where your potential to learn, grow, and contribute is limitless.