Property Accounting Manager

GCHP

$75K — $95K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Accounting degree required
  • 10+ years of total accounting experience, with 5+ years in property management accounting
  • 5+ years management experience
  • Proficiency in RealPage Accounting or similar software
  • Strong knowledge of GAAP principles and financial statement analysis

Responsibilities

  • Supervise property accounting team and resolve accounting issues.
  • Review and distribute financial statements to stakeholders.
  • Ensure compliance with monthly, quarterly, and annual reporting requirements.
  • Oversee reserve account transactions and manage related transfers.
  • Implement and ensure adherence to LPAs/Operating Agreements and other documentation requirements.
  • Manage general ledger postings, account reconciliations, and balance sheet accounts for the assigned properties.
  • Facilitate onboarding and training for new accounting staff.

Benefits

  • Comprehensive health insurance coverage
  • Retirement savings plan with company match
  • Ongoing professional development opportunities
  • Flexible work environment
  • Employee assistance programs for mental health support
Full Job Description
POSITION TITLE: Property Accounting Manager

MANAGER: Controller

GENERAL DESCRIPTION: Primarily responsible for supervising and managing the performance of general accounting functions, including account reconciliations, journal entry posting, and financial statement preparation for the Company's portfolio of residential properties in a multi-company environment, for developing accounting processes and systems in a changing local and global environment, for managing relationships outside the department, for developing complete reporting packages, and for integrating new properties into the portfolio.

QUALIFICATIONS:

Education: Accounting degree required Experience:
  • A minimum of 10 years accounting and five years property management accounting and financial reporting experience is required. This includes all accounting functions and multi-property experience
  • A minimum of five-year management experience
  • Proficiency in RealPage Accounting or similar property management accounting software and Microsoft Office products including Outlook, Word, and Excel


Abilities:
  • Be committed to, and find passion in, GCHP's mission
  • An energetic individual with high ethical standards
  • Highly organized, detail oriented, critical thinking skills, analytical skills, diplomatic and persistent
  • Ability to meet deadlines, manage multiple tasks in a fast-paced and entrepreneurial environment and communicate effectively
  • Possess initiative and the ability to work both independently and collaboratively
  • Ability to follow and apply Generally Accepted Accounting Principles (GAAP), to read and comprehend financial statements, and to develop systems to apply to new and developing.


ESSENTIAL JOB FUNCTIONS/RESPONSIBILITIES
  • Supervise Property Sr. Accountant(s) and Accountant(s) in all areas of property accounting. Communicate with Accountants in resolving any accounting problems or issues.
  • Review Financial Statements prepared by Accountants and work with Asset Management in the distribution to Investors and Lenders as
  • Ensure that the monthly Financial Statements and reporting requirements are distributed
  • Ensure that monthly, quarterly, and annual reporting compliance requirements are
  • Supervise and oversee reserve account transactions included required transfers to reserves and withdrawals for Insurance, taxes, and capital improvement replacement
  • Review, supervise, and oversee the implementation of portfolio's LPAs/Operating Agreements and other documentation to ensure compliance with all reporting and other relevant requirements
  • Manage all areas of the assigned property portfolio including general ledger postings, account reconciliations for receivables, payables, disbursements, bank accounts, and balance sheet accounts
  • Assist Accountants to promote active and frequent communications with Property Management staff in resolving discrepancies in the property management software
  • Develop and update financial statements, accompanying schedules, and other financial reports as
  • Assist and oversee the accounting staff with the Onboarding of new Projects
  • Coordinate Onboarding of Property Accounting Staff and accounting training of Property Managers
  • Work closely with the Corporate Accounting staff to handle any special
  • Effectively respond to Asset, Regional and Property Management Leadership team questions
  • Develop and mentor Property Accountants to assist with their development and
  • Participate in the audit processes. Provide support for ongoing audit information as
  • Handle audit reviews and postings through final

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