Cash Accountant

What we do and why we do it

As the leading end-to-end investment platform for single-family rental homes (SFR), our mission is to make real estate investing radically accessible, cost effective, and simple. We successfully merge our passion for helping investors build wealth through real estate with cutting edge technology that transforms the way they do it.

How it’s going (and growing)

With a talented team of 600+ Roofsters, our collaborative, can-do culture is what fuels our growth. In 2022, we closed on our Series E, raising $240 million, and have offices in California, Texas, and New York as well as many remote opportunities. Our growth includes recent acquisitions of Stessa (financial and asset management software), RentPrep (tenant screening and placement service for landlords), and Mynd (property management platform for both Retail and Institutional investors).

About the Role

The Cash Accountant will report to the Property Accounting Manager and will work closely with various teams across the company. To be successful in this role, you must have a strong knowledge of accounting and the ability to operate effectively in a rapidly scaling, dynamic environment. You should have the ability to interact effectively with cross-functional teams. We are looking for someone who has excellent problem-solving skills and enjoys working in a challenging and fast-paced environment to support our continued success and growth.

Responsibilities

• Perform daily, monthly, and yearly reconciliations of cash transactions, ensuring accuracy and identifying discrepancies
• Investigate and resolve any discrepancies in a timely manner
• Monitor daily cash balances and transactions to ensure sufficient funds are available to cover operational expenses
• Assist in optimizing cash flow management
• Prepare and post journal entries related to cash transactions, ensuring accurate and up-to-date general ledger records
• Assist in the preparation of financial reports related to cash transactions, including cash flow statements and other relevant financial statements
• Ensure compliance with accounting standards, company policies, and relevant financial regulations
• Keep up-to-date with changes in financial reporting standards and regulations
• Identify opportunities to streamline cash management processes and enhance the efficiency of cash-related workflows
• Provide documentation and explanations for cash-related transactions and reconciliations
• Calculate management and Mynd fees based on established agreements and contracts with accuracy
• Work closely with other departments such as Accounts Receivable and Accounts Payable to ensure accurate and timely cash-related transactions and reconciliations
• Manage and process time-sensitive payments accurately and efficiently, ensure compliance with payment scheduled and deadlines
• Review resident ledgers when incorrect charges are identified and adjust transactions as necessary
• Reallocate resident payments to the appropriate charges, ensuring accuracy and completion
• Collaborate with the institutional property accounting team as needed, providing support and expertise in cash-related matters
• Other duties as assigned

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field is preferred
• At least 3 years of proven experience as a Cash Accountant or in a similar role, with a strong understanding of cash management principles
• Ability to work independently and within a team to build relationships and interact effectively with business partners
• Strong attention to detail and accuracy in cash management
• Excellent time management and organizational skills to meet deadlines in a remote work setting
• Effective communication skills, both written and verbal, with the ability to interact with stakeholders at all levels
• High level of integrity and commitment to maintaining confidentiality of financial data
• Attention to detail and a strong understanding of Microsoft Office and Google Suite products
• Ability to meet timelines and adjust expectations preemptively
• Demonstrated ability to drive process improvements and streamline financial operations
• Positive, can-do attitude with a commitment to excellence and achieving goals
• Willingness to take on new challenges, responsibilities, and assignments
• Experience with NetSuite is a plus

Being authorized to work in the U.S. is a precondition of employment and we are unable to sponsor H1-B Visas at this time.

Any offer of employment is conditioned upon the successful completion of a background investigation.

Compensation:

$60,500 - $81,000 base annually. The compensation range may be adjusted based on experience and location. 

Pay Transparency

Our compensation reflects several US geographic markets. The base pay for this position represents the expected salary for this position.  Ultimately, in determining your pay it will be based on several factors including location, job-related knowledge, skills, experience and other job related factors.  Roofstock is a total compensation company; the base salary is only a part of our total compensation package.

Competitive & Unique Benefits Package

• Generous PTO Policy
• 13 Paid Holidays
• Volunteer Time Off
• Paid Parental Leave
• 401k Program
• Wellness and home office/cell phone subsidies
• Robust health, dental, vision insurance, and more

Must be authorized to work in the U.S. is a precondition of employment and we are unable to sponsor H1-B Visas at this time.

Any offer of employment is conditioned upon the successful completion of a background investigation.  

Roofstock is an equal opportunity employer. In keeping with the values of Roofstock, we make all employment decisions including hiring, evaluation, termination, promotional and training opportunities, without regard to race, religion, color, sex, age, national origin, ancestry, sexual orientation, physical handicap, mental disability, medical condition, disability, gender or identity or expression, pregnancy or pregnancy-related condition, marital status, height and/or weight.

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