Property Accounting Manager - Hybrid - San Antonio in Boerne

Position Description

Job Title: Property Accounting Manager
Location: Hybrid – San Antonio Metro, TX
Compensation: $90,000 +/- annually, based on experience and portfolio size

Summerfield Property Management (SPM) is a growing property management firm dedicated to providing exceptional living experiences for our residents. We manage a diverse portfolio of residential properties, ensuring they are well‑maintained and safe for all. As we expand our reach, we are seeking talented individuals to join our team and help us maintain the highest standards of quality and service.

The Property Accounting Manager oversees 3 to 4 Property Accountants who conduct property‑level accounting for 8 to 10 properties each within a portfolio of approximately 20 to 30 multifamily communities. This role works closely with regional managers to ensure financial reporting and operational accounting activities are accurate, timely, and complete to ownership expectations.

• Manage day‑to‑day accounting functions of Property Accountants, including review/approval of monthly financial statements, bank reconciliations, wires, and other internal/external deadlines.
• Effectively communicate with all third‑party clients on financial statement questions, distributions, business license filings, personal property tax filings, and other tax‑related inquiries.
• Oversee and manage transitions of new properties as well as dispositions (sale or management transition), including preparation of sale pr orations.
• Work in partnership with the operations team on annual budgets, reforecasts, cash funding draws, and financial statement preparation.
• Provide training, discipline, goal planning, and performance management for a team of Property Accountants.
• Work closely with the Regional Manager on a daily basis to ensure continuity between operations and accounting teams.
• Successfully multi‑task and manage multiple deadlines within multiple property management software applications.
• Demonstrate advanced knowledge of GAAP and industry standards.
• Analyze and review financial information for assigned properties, ensuring accuracy and completeness of property‑level financial statements.
• Oversee and approve financial transactions, including budget entries, revenue, expenses, payroll, invoices, mortgage payments, and distributions.
• Reconcile bank accounts and financial statements, approving exceptions to bank reconciliations and wire transfers as necessary.
• Prepare and review journal entries, account reconciliations, and standard accounting reports.
• Monitor compliance with debt covenants, funding requirements, and financial reporting deadlines.
• Lead month‑end and year‑end close processes to ensure timely and accurate reporting.
• Prepare financial reporting packages, including variance analysis, executive summaries, budget comparisons, bank reconciliations, and journal entries.
• Partner with the operations team on annual budgets, reforecasts, and cash funding draws.
• Analyze revenue and expenditure trends and recommend appropriate budget levels to ensure expenditure control.
• Develop, implement, and maintain accounting policies, procedures, and internal controls.
• Ensure departmental workflows meet established accounting standards, GAAP, and company policies.
• Implement process and procedural improvements to streamline work, increase productivity, and maintain quality.
• Act as liaison to internal and external auditors, providing documentation, research data, and information necessary to complete audits in a timely manner.
• Coordinate preparation of documentation for fiscal year‑end financial audits.
• Partner with property managers and regional managers to ensure timely and accurate pre‑close financial activities.
• Recruit, interview, hire, and onboard accounting staff.
• Provide training, coaching, goal planning, and professional development to team members.
• Deliver performance feedback and corrective guidance when necessary.
• Establish annual goals and objectives for the accounting team and assign properties and portfolios for effective workload distribution.
• Perform all other duties and special projects as assigned.

• Bachelor's degree…