Senior Property Accounting Manager

Foundation Communities

$85K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of combined accounting and finance experience
  • Experience in non-profit, low-income housing and property management
  • Knowledge of real estate and construction accounting principles
  • Team management experience in accounting
  • Proficiency in financial statement preparation
  • Understanding of general ledger and month-end/year-end close processes
  • Familiarity with various accounting software

Responsibilities

  • Supervise the property accounting team and oversee month-end and year-end closes
  • Produce monthly financial reports for assigned properties and support team as needed
  • Prepare timely monthly financial statements for all properties
  • Review Pcard activity and expense reports for management
  • Manage cash balances and oversee reserve reimbursement requests
  • Oversee internal audit functions for properties
  • Prepare and review submissions for audits and tax returns

Benefits

  • Employer-paid health benefits
  • 401(k) investment opportunity
  • Employee Assistance Program
  • Paid vacation, holiday, and sick time
Full Job Description
JOB TITLE

Senior Property Accounting Manager

REPORTS TO

CFO

DEPT/DIV

Accounting

WORK LOCATION

Mission Plaza

FLSA STATUS

EXEMPT/Full-Time

RATE

Starting salary $85K

Position Description: The Senior Property Accounting Manager will report to the CFO. The Senior Property Accounting Manager will oversee and manage all aspects of property accounting, including managing the team of accountants, overseeing all property-related reporting, and preparing budgets and forecasts.

Primary Duties/Responsibilities:

  • Supervise property accountants and manage the team's month-end and year-end close process, including review of reports prior to distribution to stakeholders
  • Directly produce property monthly financial reports for assigned properties or to support staff on leave
  • Prepare timely monthly property financial statements for all properties in the portfolio
  • Review Pcard activity and expense reports for Property Management Directors, District Managers
  • Manage property cash balances and periodic reserve reimbursement requests
  • Manage and oversee property internal audit functions
  • Prepare and review files and work-paper submittals for annual audits and tax return preparation by external auditors
  • Prepare quarterly data submittals as required
  • Assist with the preparation of the budget and financial forecasts, variance reports and financial dashboards for Property Management
  • Assist and support staff responding to regulatory periodic program review audits and periodic bank underwriting inquiries
  • Assist with local, state, and federal government reporting requirements and tax filings - property tax, franchise tax and federal tax returns for properties
  • Ensure quality control over financial transactions and financial reporting
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls
  • Assist CFO and Director of Core Accounting with management of all accounting operations, cross train with other accounting directors as backup, additional duties as necessary


Minimum Requirements:

  • 5+ years of overall combined accounting and finance experience
  • Experience with non-profit, low-income housing and property management organizations
  • Knowledge of real estate and construction industry accounting principles and practices
  • Experience managing a team of accountants
  • Experience with financial statement preparation
  • Experience with general ledger functions and the month-end/year end close process including consolidations
  • Experience with various accounting software administration
  • Excellent verbal and written communication skills


Preferred Requirements:

  • CPA or CPA candidate preferred
  • NetSuite experience preferred
  • RealPage/ OneSite preferred


Working Conditions/Physical Requirements: General office environment. Work is generally sedentary in nature but may require standing and walking for up to 20% of the time. Occasional lifting up to 15 pounds. The working environment is generally favorable. Lighting and temperature is adequate, and there are no hazardous or unpleasant conditions caused by noise, dust, etc. Work is performed with standard office equipment. Some driving may be required for site visits, and some travel may be required for training purposes.

Compensation

Starting salary $85K annually

This position profile identifies the key responsibilities and expectations for performance. It cannot encompass all specific job tasks that an employee may be required to perform. Employees are required to follow any other job-related instructions and perform job-related duties as may be reasonably assigned by his/her supervisor.

Foundation Communities provides an excellent benefits package including employer paid health benefits, 401(k) investment opportunity, Employee Assistance Program, paid vacation, holiday, and sick time.

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