Job Title: Real Estate Property Accounting Manager
Real Estate Property Accounting Manager Job Summary:
We are seeking a highly organized and detail-oriented individual to join our team as a Real Estate Property Accounting Manager. In this role, you will be responsible for overseeing all aspects of property accounting, including financial reporting, budgeting, forecasting, and analysis for our diverse portfolio of real estate properties. The ideal candidate will have a strong background in accounting, preferably in the real estate industry, and possess excellent communication and leadership skills.
Perks of the Real Estate Property Accounting Manager:
- Opportunity for Growth: Joining our team means being part of a dynamic and growing company with opportunities for career advancement and professional development.
- Collaborative Environment: Work alongside talented professionals in a collaborative and supportive environment where your contributions are valued and recognized.
- Innovative Culture: Be part of an innovative and forward-thinking company that embraces new ideas and encourages creativity.
- Work-Life Balance: We understand the importance of maintaining a healthy work-life balance and offer flexible scheduling options and remote work opportunities.
- Employee Wellness: Take advantage of our wellness programs, including fitness memberships, mental health resources, and wellness challenges, to support your overall well-being.
- Company Events: Enjoy company-sponsored events and team-building activities throughout the year, fostering a sense of community and camaraderie among employees.
Real Estate Property Accounting Manager Responsibilities:
- Manage all aspects of property accounting, including accounts payable, accounts receivable, and general ledger maintenance.
- Prepare and review monthly, quarterly, and annual financial reports for individual properties and the overall portfolio through Yardi.
- Coordinate with property managers and asset managers to ensure accurate and timely recording of property financial data.
- Develop and maintain annual property budgets and forecasts in collaboration with property management teams.
- Conduct variance analysis and provide explanations for budget variances to stakeholders.
- Oversee the reconciliation of property bank accounts and ensure proper coding of transactions.
- Manage the annual audit process for assigned properties and liaise with auditors as needed.
- Stay up-to-date on relevant accounting standards and regulations impacting the real estate industry.
- Provide guidance and support to accounting staff, including training and development opportunities.
- Identify opportunities for process improvements and implement best practices to enhance efficiency and accuracy.
Real Estate Property Accounting Manager Qualifications:
- Bachelor's degree in Accounting; CPA or advanced degree preferred.
- Minimum of 3 years of accounting management experience, with at least 2 years in real estate property accounting.
- Strong understanding of Generally Accepted Accounting Principles (GAAP) and familiarity with real estate accounting principles
- Proficiency in accounting software (e.g., Yardi, MRI) and Microsoft Excel
- Excellent analytical and problem-solving skills, with a keen attention to detail.
- Ability to effectively communicate complex financial information to non-financial stakeholders.
- Proven leadership abilities with experience managing a team.
- Knowledge of real estate industry trends and market dynamics is a plus.