Property Accounting Manager

A real estate investment firm is seeking an experienced accounting professional to oversee property-level accounting across a portfolio of real estate investments, while also supporting fund-level reporting and investment accounting. This role will be heavily focused on property accounting, financial reporting, cash management, budgeting, and coordination with internal and external stakeholders.

Responsibilities

• Oversee accounting and financial reporting for a portfolio of real estate properties and related investment entities.
• Manage monthly and quarterly property-level close processes, including review of general ledger activity, accruals, reconciliations, and financial statements.
• Maintain and review accounting records within Yardi and ensure accuracy across property and entity-level reporting.
• Prepare and review property-level budgets, forecasts, variance analysis, and cash flow projections.
• Oversee cash management, including property-level funding requirements, vendor payments, distributions, and intercompany activity.
• Review operating statements, balance sheets, and supporting schedules for accuracy and completeness.
• Partner with asset management and investment teams to analyze property performance, operating results, and portfolio trends.
• Support fund-level accounting, NAV reporting, capital activity, and investor distributions as needed.
• Assist with year-end valuations, audits, and tax reporting in coordination with external accounting and tax firms.
• Review partnership, debt, and management agreements to ensure appropriate accounting treatment and compliance.
• Coordinate with third-party property managers, fund administrators, custodians, and outsourced accounting teams.
• Supervise and develop accounting staff and outsourced resources.

Qualifications

• Strong property accounting experience within commercial real estate, real estate private equity, property management, or a related environment.
• Hands-on Yardi experience is required.
• Experience with monthly close, property financial statements, budgeting, forecasting, cash management, and variance analysis.
• Exposure to real estate fund accounting, NAV reporting, capital activity, or investor reporting is strongly preferred.
• Strong knowledge of U.S. GAAP as it relates to real estate investments and property accounting.
• Experience working with asset management, property management, and investment teams.
• Prior supervisory or team leadership experience preferred.
• Strong attention to detail with the ability to manage multiple properties, entities, and reporting deadlines.