Property Accounting Manager

The Accounting Manager is responsible for overseeing the financial operations, reporting accuracy, internal controls, and accounting compliance for a portfolio of multifamily, commercial, or mixed‑use properties.

• Oversee monthly financial close processes for assigned property portfolio.
• Review and approve property financial statements, variance explanations, accruals, and journal entries.
• Ensure timely and accurate preparation of:
• Balance Sheets
• Income Statements
• Cash Flow Statements
• Budget Comparisons
• Bank Reconciliations
• Owner reporting packages
• Maintain month‑end close calendars and ensure reporting deadlines are achieved.
• Review financial data for accuracy, completeness, and compliance with GAAP and company standards.

• Supervise property accounting staff including Property Accountants and AP personnel.
• Review resident ledger adjustments, write‑offs, charge corrections, and security deposit accounting.
• Oversee rent roll reconciliation and alignment between property management systems and financial records.
• Ensure proper coding and classification of operating expenses and capital expenditures.
• Monitor prepaid expenses, accruals, reserves, and intercompany transactions.

• Oversee invoice processing, approval workflows, and payment execution.
• Ensure compliance with Delegation of Authority (DOA) approval limits.
• Review weekly payables, vendor aging, and funding requirements.
• Monitor property cash balances, reserve accounts, and operating liquidity.
• Coordinate funding requests and owner distributions where applicable.

• Maintain strong internal accounting controls and segregation of duties.
• Ensure compliance with company policies, management agreements, lender requirements, and regulatory standards.
  
  Budgeting & Financial Analysis
  • Assist with annual budget preparation and reforecasting processes.
  • Analyze financial performance trends, occupancy impacts, payroll costs, utility variances, and expense fluctuations.
  • Partner with Operations leadership to identify cost‑saving opportunities and operational efficiencies.
  • Prepare ad hoc financial analysis and reporting for senior leadership and ownership groups.
  Systems & Process Improvement
  • Support implementation and optimization of property management and accounting systems.
  • Drive process standardization and operational consistency across the portfolio.
  • Assist with acquisitions, dispositions, property onboarding, and system transitions.
  • Identify opportunities for automation, workflow enhancement, and reporting improvements.
  Leadership & Team Development
  • Manage, mentor, and develop accounting team members.
  • Establish performance expectations and accountability standards.
  • Promote collaboration between Accounting, Operations, and Corporate teams.
  • Participate in hiring, training, and succession planning initiatives.
  Qualifications
  • Bachelor’s degree in Accounting, Finance, or related field required.
  • CPA designation preferred but not required.
  • 5–8+ years of progressive accounting experience within property management, real estate, or multifamily housing.
  • Prior supervisory or management experience preferred.
  • Strong understanding of:
  • Property accounting
  • GAAP
  • Bank reconciliations
  • Budgeting and forecasting
  • Internal controls
  • Experience with property management/accounting platforms such as Yardi Voyager, Real Page, or similar systems preferred.
  • Advanced Microsoft Excel and financial analysis skills required.
  • Strong organizational, analytical, and communication skills.

  The pay range for this role is: 125, USD per year (Corporate)