Cash Accountant, Mynd
Institutional
$60.5-68k
+ Eligibility to participate in Mynd’s equity program
More information about location
Property management company
Job no longer available
Property management company
501-1000 employees
Job no longer available
$60.5-68k
+ Eligibility to participate in Mynd’s equity program
More information about location
501-1000 employees
Company mission
To make real estate investing radically accessible, cost-effective, and simple.
Role
Who you are
- 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
What the job involves
- The Cash Accountant will report to the Property Accounting Manager and will work closely with various teams across the company
- 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
Our take
Mynd is a property management company that aims to exceed the service delivery of traditional businesses in the $20 billion, non-institutional rental sector. The company makes it possible to complete leases in an extremely short timeframe, while also offering both tenants and landlords a variety of useful tools.
Mynd offers 3D tours to tenants, while automatically syndicating properties to every major listing site. The dedicated leasing team at Mynd also connects people with properties rapidly, ensuring that renting homes is more convenient.
For Landlords, Mynd offers a range of financial tools, which enable them to view their current financial position via transparent charts and reports. Mynd has put together a database of vendors and tradespeople, which provides services to landlords and tenants alike. This has attracted major investment between 2016 and 2023, the most recent of which is being used to expand its operations and carry on updating its platform.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-10% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Jul 2023
$30m
LATE VC
Sep 2021
$57.3m
LATE VC
Total funding: $204.4m
Company benefits
- Best-in-class medical, dental, and vision plans through Anthem, Blue Shield, or similar. HMO & PPO plans available for you and your family
- Life & disability insurance
- Wellness apps
- $600 per year wellness subsidy towards fitness coaching, acupuncture, massage, gym or class memberships, or in-home exercise equipment
- Employee Assistance Program (EAP)
- Unlimited paid time off
- Paid volunteer time off (20 hours/year)
- 13 paid holidays per year
- Flexible Spending Accounts
- Travel assistance & commuter parking
- Company-sponsored access/memberships to: OneMedical, Perkspot, SoFi, Personal Capital, and Petplan
- Cash to purchase your own investment property through our “Project Investor Myndset” program
- Sabbatical pay
- Paid parental leave
- Home office subsidy
- Cell phone subsidy
- No meeting Thursdays
- Remote work flexibility
- Team and cross-functional offsites in cities in which we operate
- Catered lunch for in-office days
Company HQ
Downtown, Oakland, CA
Leadership
Doug Brien
(Co-Founder & CEO)Alongside Mynd, they are the President at Roofstock. They studied Political Economy at UC Berkeley before becoming a kicker in the NFL. They also previously co-founded Waypoint Real Estate.
Colin Wiel
(Chairman)Previously an Engineer at Boeing and a Consultant at HP before founding and Managing Waypoint.
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