America’s 1st Management CPA and Accounting Service Handles Finances with Expert Care – NWILife
As a property management company, 1st American Management Company, Inc. AMO ® prides itself on its team of financial experts, from its Certified Public Accountant (CPA) to its accounting department.
Having a stellar CPA, Chief Financial Officer (CFO), Vice President and Co-Owner Gina Manns on staff at 1st American Management elevates 1st American Management’s financial capabilities and makes it stand out among other property management companies.
said Mans. “I don’t think many companies will be looking to have a CPA on staff, so I think that sets us apart.”
Earning a state CPA license involves passing a rigorous exam, meeting experience requirements, and continuing professional education for 120 hours every three years, so CPAs are well-equipped to handle all the financial hurdles ahead.
When she was hired, Manns had already passed her exam and had to meet her experience requirements. She met these requirements early in her 25 years with 1st American Management, making her an even more valuable asset.
In addition to having the higher standard set by having a CPA, 1st American depends on this knowledge to ensure that financial statements are prepared for board members and owners and that year-end information is ready for release at tax time. This saves time and facilitates communication regarding accounting needs.
Teresea Beach, Accounting Manager and Assistant Vice President, works alongside fellow Accounting Manager Tammy Bridegroom, Manns and the rest of the accounting department to meet all of the financial needs of 1st American Management clients and their properties.
This organized and detail-oriented department handles a variety of tasks to save homeowner associations and landlords money by providing accurate, appropriate and relevant information. This includes meticulously checking financial statements for accuracy, preparing year-end filings for CPA firms, and providing additional tools like AppFolio so clients can easily stay on top of their finances and of their records. This software allows owners, board members and business owners to access an online portal that allows them to view association and property documents and pay for assessments electronically.
“Everyone we have in accounting has multiple years of experience, so they’re not people fresh out of school,” Beach said. “We’ve been doing this for a long time. We know what we are doing.
1st American Management also has a closing department that functions as a branch of the accounting department. In this two-person department, staff serve as 1st American Management’s direct contact with title companies for closings. This involves closing credit balances, sending new welcome packages to residents, handling initial billing for owners, and more.
Beach shared that the staff at 1st American Management is a family business that cares about employers and employees and cares about what’s going on in everyone’s life, even outside of corporate walls.
“When I was interviewed 25 years ago, I was told we were a good little company,” Manns said. “We were a really good little company. Now we’re a lot bigger, but we’re still a good little company and that’s important to us.
For more information about 1st American Management Company, Inc., visit https://1stpropertymanagers.com/.