Stream Realty Partners

Financial Manager, Property Management

Stream Realty Partners$80K — $110K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree preferred
  • 3+ years in a financial role with commercial property management experience
  • Advanced accounting knowledge including accruals and financial reporting
  • Deep understanding of commercial lease recovery language
  • Proficiency in Yardi and/or MRI, adaptable to multiple platforms
  • Strong analytical mindset with attention to detail
  • Ability to resolve complex financial issues independently

Responsibilities

  • Provide invoice-approval support to Property Managers
  • Coordinate with Accountants on property transitions
  • Review and approve lease abstracts and set up OPEX recoveries
  • Manage tenant inquiries regarding CAM reconciliations
  • Own the entire monthly close cycle for financials
  • Finalize reports on variances and tenant security deposits
  • Lead budget preparation, forecasting, and reconciliations

Benefits

  • Competitive salaries and bonuses
  • Medical, dental, and vision insurance
  • Health savings and flexible spending accounts
  • 401(k) plan with company matching
  • Paid time off and holiday pay
Full Job Description
Job Description

The Financial Manager, Property Management is the financial backbone of Stream's Austin industrial property management platform, serving as the liaison between Corporate Accounting and the local Property Management teams across the entire industrial portfolio. This role owns the financial performance of the portfolio's assets - monitoring results, leading budgeting, forecasting, and reporting, and partnering closely with Property Managers to deliver accurate, compliant, and on-time financial packages to clients. The Financial Manager is expected to bring an ownership mentality to every assignment, getting ahead of issues rather than reacting to them. Depending on portfolio needs, this position may carry supervisory responsibility.

Primary Responsibilities

Property Management & Accounting Support
  • Provide back-up invoice-approval support to Property Managers; research and resolve accounting questions from internal Accountants and clients
  • Coordinate with Accountants on buyer/seller final settlements during property transitions

Lease Administration & CAM
  • Review and approve lease abstracts/profiles and enter OPEX recovery setups in the accounting system
  • Manage CAM reconciliation inquiries from tenants and oversee the tenant audit process
  • Prepare complex tenant ledger reconciliations to support the PM team's collection and default resolution efforts

Monthly Financial Close
  • Own the full monthly close cycle: approve accruals, AR reviews, CAPEX distributions, AR batches, rent-ups, and commercial billings
  • Review the general ledger for consistency and accuracy; prepare and submit reclass entries as needed
  • Finalize monthly variance reports and rent roll reconciliations; reconcile tenant security deposit ledgers

Budgeting, Forecasting & Reconciliations
  • Lead annual budget preparation, reforecasts, and operating expense reconciliations across the full industrial portfolio
  • Serve as the primary financial point of contact for clients - answering questions on budgets, financials, and CAM recoveries and producing custom financial reports on request

Compliance, Systems & Training
  • Ensure SOC 1 compliance when reviewing and preparing all transactions across applicable assets
  • Monitor vendor and tenant insurance compliance against lease and client requirements; maintain current COI records via NetVendor
  • Provide Yardi/accounting-system mentoring, training, and support to the Property Management team
  • Assist with special projects for the assigned portfolio as needed


Qualifications
  • Bachelor's degree preferred
  • 3+ years of experience in a similar role, ideally with prior commercial property management experience carrying significant financial responsibility
  • Advanced accounting knowledge, including accruals, general ledger review, and full-cycle financial reporting (leasing reports, executive summaries, variance reports)
  • Advanced knowledge of commercial lease recovery language and lease types (NNN, base year/expense stop, gross-ups, caps, options, termination fee calculations)
  • Proficiency with Yardi and/or MRI, with the adaptability to work across multiple platforms (e.g., Impak, NetVendor)
  • Strong financial and analytical mindset with exceptional attention to detail
  • Proficiency with Microsoft Office, particularly Excel
  • Ability to independently research and resolve complex items - lease language, TI overages, lockouts, defaults, termination fee calculations - with limited supervision
  • Strong organizational and communication skills with a deadline-driven, proactive, solutions-oriented approach
  • Mentoring capability and a desire to grow within Stream's property management department


Additional Information

#LI-OnSite #LI-GD1

Stream Realty Partners offers competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan with company matching, PTO, and holiday pay. Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons.

To apply for a position, please visit our website at www.streamrealty.com

About Stream Realty Partners

Stream Realty Partners, L.P. is a real estate investment and services company that provides leasing, property management, development, and investment services to commercial and residential properties. The company's services include tenant representation, project management, construction management, and investment management. Stream Realty Partners, L.P. was founded in 1996 and is headquartered in Dallas, Texas. The company has offices in Atlanta, Austin, Charlotte, Chicago, Denver, Fort Worth, Houston, Los Angeles, Miami, Nashville, Orlando, Phoenix, San Antonio, and Washington, D.C.
Learn more about Stream Realty Partners
Size
900 employees
Industry
Founded
1996

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