Property Accounting Manager

Overview

• Lead financial reporting and analysis for operating properties, ensuring compliance with accounting standards and policies.
• Supervise a team of accountants, fostering professional growth through coaching and performance reviews.
• Collaborate with asset management and development teams to streamline information flow and reporting accuracy.
• Coordinate annual budgets, reforecasts, audits, and financial statement preparations for operating properties.
• Analyze and interpret legal agreements, ensuring compliance with contractual commitments and financial obligations.
• Drive process improvements and technology updates to enhance operational efficiency.
• Provide technical accounting guidance and support for deal-specific accounting standards and policies.
• Maintain strong relationships with stakeholders, including senior management and clients.

Key Responsibilities & Duties

• Oversee month-end close processes for operating properties, adhering to specific accounting requirements.
• Coordinate annual operating property budget and reforecast processes, ensuring timely and accurate reporting.
• Review financial statements and disclosures for compliance with industry standards.
• Assist with audits, tax reporting, and technical accounting research as needed.
• Analyze lease agreements and equity distribution waterfalls for financial accuracy and compliance.
• Develop team members through coaching and performance evaluations, fostering a culture of excellence.
• Implement process improvements and technology updates to enhance operational efficiency.
• Maintain professional networks and stay updated on industry best practices.

Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field; CPA designation preferred.
• Minimum of 5 years of experience in project accounting and real estate operating property fundamentals.
• Proficiency in Yardi software and MS Office applications.
• Strong analytical skills with attention to detail and accuracy.
• Exceptional organizational and problem-solving skills, capable of managing multiple tasks.
• Excellent verbal and written communication skills for effective interaction with stakeholders.
• Ability to work independently with minimal direction, demonstrating confidence and presence.
• Commitment to fostering an inclusive and diverse workplace environment.