Job Summary
The Multi-Family Property Accounting Manager oversees all financial operations for a portfolio of multi-family residential properties. This role ensures accurate reporting, compliance with accounting standards, timely financial statements, and effective coordination with property management teams. The ideal candidate is detail-oriented, highly organized, and experienced in real estate or property management accounting. Key Responsibilities
Financial Management & Reporting
• Oversee all accounting functions for assigned multi-family properties, including accounts payable, accounts receivable, bank reconciliations, and general ledger oversight.
• Prepare and review financial reporting:
• Monthly property reporting
• Quarterly investor and financial institution reporting
• Annual investor, tax, and financial institution reporting
• Ensure accuracy of escrow analysis, including reserves, tax and insurance escrow reconciliations. • Monitor budget and cash flow reports. Team Leadership
• Manage and mentor property accountants; provide training and support for accounting procedures and software use. • Coordinate workflow to ensure timely closings and reporting across the portfolio.
Compliance & Controls
• Ensure adherence to GAAP and IRS reporting standards. • Report and disclose in accordance with internal accounting policies. • Work closely with tax professionals, preparing documentation and facilitating the tax return processes. • Implement and refine internal controls to maintain accurate, secure financial data. • Review and report on debt covenant requirements and compliance. Property Operations Support
• Partner with property managers and regional managers to resolve accounting issues and support operational decisions.
• Oversee tenant ledger accuracy, rent roll integrity, and delinquency management. • Review and approve vendor contracts and invoices for accuracy and compliance. Systems & Process Improvement
• Utilize property management and accounting software (Yardi) to streamline processes. • Identify opportunities to improve efficiency, accuracy, and reporting capabilities. Qualifications
• Bachelor’s degree in Accounting, Finance, or related field required. • 5+ years of accounting experience, with at least 2 years in property or real estate accounting preferred.
• Prior experience managing property accountants or accounting teams strongly preferred. • Strong understanding of GAAP and real estate financial reporting. • Proficiency in property management accounting systems (Yardi, RealPage, etc.). • Excellent analytical, organizational, and communication skills. • Ability to work in a fast-paced environment and manage multiple deadlines. Preferred Skills
• CPA or CMA certification (preferred but not required). • Experience with multi-family portfolios of varying sizes and structures.
• Advanced Excel skills, including financial modeling and reporting automation. Work Environment
• Full-time position with standard business hours; additional time may be required during monthly or annual closing periods, 100% remote. • Collaborative environment working closely with accounting, operations, and leadership teams. Pay: $68,000.00 - $82,000.00 per year
Benefits:
• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance
• Work from home
Work Location:
Remote
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