Senior Manager of Development and Property Accounting

Description

• Ensure the precise and timely preparation of monthly financial statements and property performance reports.
• Conduct financial analyses to support Development Monday Meetings in collaboration with development managers.
• Manage accounting for all development projects, ensuring accurate financial tracking and reporting.
• Collaborate with third parties to ensure proper financial reporting for multifamily assets.
• Direct and oversee accounting functions for a diverse portfolio of multifamily, retail, and commercial properties, including rents, tenant improvements, lease commissions, fixed assets, accounts payable, receivables, and general ledger activities, ensuring compliance with GAAP, internal controls, and company policies, while managing a substantial portfolio size, including oversight of third-party managed properties.
• Publish timely and accurate month-end financial statements, including balance sheets, income statements, and cash flow statements, in alignment with contractual agreements for each operating property.
• Conduct regular reconciliations of property accounts to maintain accuracy, collaborating closely with property and asset managers.
• Offer accounting support for acquisitions and dispositions of operating properties by reviewing financial information, assisting in closings, and managing the technical accounting aspects.
• Oversee the preparation and review of monthly construction draws, pre-draws, financials, and reconciliations.
• Provide support for tax return preparation for operating properties, including annual fixed asset and depreciation schedules.
• Undertake ad hoc projects as required.
• Monitor project development expenditures to ensure alignment with budgets and financial objectives.
• Work closely with development, property management, and asset management teams to support informed financial decision-making.
• Supervise and mentor a team of two accounting professionals, providing guidance to foster their professional development, conducting performance evaluations, and setting clear objectives.

Requirements

• Strong communication and interpersonal skills
• Industry Specific Software experience, preferred: Yardi, RealPage/Onesite, Entrata, MRI Experience a plus
• 3+ years of Managerial experience, overseeing a team of 2+, preferred
• 7+ years of Property Management Experience, preferred
• Bachelor’s degree in Accounting/Finance/equivalent experience required. Advanced degree or CPA, CMA a plus
• Proven ability to lead and develop a team

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance