Property Accounting Manager

About the Company and Property Accounting Manager Opportunity:

• A family-owned organization that has continued to grow through three generations.
• The company voted as one of the Best Places to Work in Houston for over a decade!

Perks of the Property Accounting Manager role?

• Learn all about the construction and real estate industry!
• A laid-back environment
• A great manager who wants to teach and mentor you.
• 40-hour work week! Call it a day at 3pm on Fridays. Work 7 to 4, 8 to 5 or 9 to 6…up to you!

Overview of the Property Accounting Manager role:

• Lead accounting and reporting functions for multiple Operating Properties
• Conduct financial reporting, lease accounting, and operating expense reconciliations
• Manage budgets and variances for operational properties.
• Support draws, capital calls, deposits, acquisitions, and distributions
• Collaborate on ad hoc projects such as accounting system implementation and new process implementation
• Manage and oversee daily accounting operations, including general ledger activities, month end and year end close, and preparation of internal financial statements.
• Review and approve journal entries, account reconciliations, and supporting documentation to ensure accuracy and compliance.
• Analyze property and corporate financial data to identify variances, trends, and opportunities for improved financial performance.
• Oversee cash management processes, including weekly cash requirements, payment approvals, and coordination with Accounts Payable and Property teams.
• Ensure lender reporting requirements are completed accurately and on schedule, including quarterly compliance packages and covenant monitoring.
• Manage preparation of distributions, CAM reconciliations, loan compliance data, and other regulated reporting.
• Serve as a key point of contact for internal departments (Legal, Asset Management, Finance) and external partners (Auditors, Banks, Consultants).

Preferred Qualifications for the Property Accounting Manager:

• Bachelor’s in Accounting
• 5 + years of progressive accounting experience.
• Experience in property management or real estate accounting required.
• Excellent verbal and written communication skills.
• Experience with multi-entity organizations including consolidation reporting.