Senior Accountant OPM

Company Overview

Ovation, a family-owned and privately held real estate firm with a 40-year track record, is a vertically integrated organization specializing in the development, construction, and management of residential properties. To date, Ovation has developed over 40 properties, comprising more than 12,000 apartment units, with an additional 4,000 units currently in development pipeline. The firm's multifamily portfolio includes 6,000 Class A units, 400 active adult units, 2,200 affordable senior units, and 2,000 units managed for third parties for a total of 10,600 units under management.

Committed to enhancing the lives of individuals, families, and communities, Ovation continues to expand its impact, one home at a time.

We are a dynamic and collaborative team dedicated to excellence and innovation. We value diversity and believe that it contributes to our success. We are committed to providing our employees with the tools, resources, and support they need to succeed in their roles.

We are seeking a dedicated Senior Accountant to join our Property Management Accounting Team.

We are seeking a highly skilled and detail-oriented Senior Accountant to join our accounting team. The Senior Accountant will be responsible for managing and overseeing various accounting functions, ensuring the accuracy and timeliness of financial reporting to owners and management across departments. This role also involves reviewing cash flow, ensuring consistency in reporting, training and supporting staff on financial preparation, and providing overall support to the accounting team.

The ideal candidate will have excellent analytical skills, the ability to multitask in a fast-paced environment, and a strong understanding of accounting principles.

Financial Reporting and Compliance

• Prepare and review financial statements and consolidated reporting in accordance with GAAP and company policies.
• Oversee month-end and year-end close processes, including journal entries, account reconciliations, and financial statement preparation.
• Assist in the preparation of annual budgets and forecasts by collaborating with various departments.
• Conduct internal audits to ensure compliance with internal controls and regulatory standards.
• Oversee the preparation and review of financial reports and budgets to ensure accuracy, compliance, and consistency.

Team Development and Support

• Provide training and support to accounting staff on financial preparation, ensuring adherence to accounting principles and company policies.
• Collaborate with other departments to ensure accurate and timely financial information is provided.
• Participate in special projects and initiatives as assigned by management.
• Foster a collaborative and supportive team environment to promote continuous improvement in accounting practices.
• Support team development and ensure efficient and effective financial operations.

Cash Flow Management and Analysis

• Conduct regular cash flow reviews to monitor and manage the company’s financial liquidity.
• Analyze financial data to identify trends, variances, and areas for improvement.
• Provide insights and recommendations to management on financial performance and cash flow management.
• Assist in the preparation of cash flow forecasts to support strategic decision-making.
• Manage and analyze cash flow to maintain financial stability and support informed decision-making.

Regulatory Compliance and Policy Development

• Ensure adherence to all applicable financial regulations and standards.
• Develop and implement accounting policies and procedures to enhance financial governance and compliance.
• Stay updated on new financial regulations and participate in training sessions to ensure company-wide compliance.
• Liaise with legal and compliance teams to address financial regulatory issues.
• Develop policies and ensure regulatory compliance to safeguard company operations.

Tax Compliance and Audit Support

• Ensure compliance with tax regulations and assist in the preparation and review of tax filings.
• Coordinate with external auditors to provide necessary documentation and explanations during audits.
• Assist in the development of tax planning strategies to optimize the company’s tax position.
• Maintain up-to-date knowledge of changes in tax laws and regulations that may impact the company.
• Ensure compliance with tax regulations and support internal and external audits.

• Bachelor's degree in Accounting, Finance, or a related field is required.
• CPA certification is preferred.
• Minimum of 5 years of relevant experience as a Senior Accountant or similar role.

• Thorough knowledge of accounting principles, standards, and regulations (GAAP), with specific emphasis on real estate operations.
• Experience with month end close for multiple entities.
• Proficiency in property management accounting software (e.g., Real Page, Yardi, Sage Fixed Assets, App Folio), and advanced Microsoft Excel.
• Proficiency in managing multi-entity accounting…