What are the responsibilities and job description for the Property Management position at Allegro Real Estate Brokers & Advisors?
The Senior Property Management Accountant will be responsible for building and overseeing all accounting operations related to our property management portfolio. This position will play a key role in ensuring accuracy, integrity, and efficiency of financial reporting, budgeting, forecasting, and compliance processes at the property level. This role will also be instrumental in supporting audits, investor reporting, internal controls, and enhancing operational efficiencies across the finance function.
Key Responsibilities:
Accounting & Financial Management
- Direct and manage all accounting operations at the property level, including resident invoicing, accounts receivable, accruals, accounts payable, and reconciliations.
- Oversee month-end and year-end close processes, ensuring timely and accurate financial reporting in accordance with GAAP.
- Prepare and analyze property level financial reports, including balance sheets, income statements, and cash flow statements.
- Manage the preparation of annual budgets and periodic financial forecasts at the property level; analyze variances and provide actionable recommendations.
- Lead preparation of financial models (e.g., DCF, NPV) to support key business decisions.
Audit & Compliance
- Lead year-end audits and common area maintenance (CAM) reconciliations.
- Support investor reporting and ensure the accuracy of financial data shared with stakeholders.
- Implement and maintain internal controls to safeguard company assets and ensure policy compliance.
Team Leadership & Cross-Functional Collaboration
- Manage, mentor, and develop a high-performing team.
- Act as a strategic partner to property management, finance, and executive leadership.
- Promote a culture of accountability, continuous improvement, and financial excellence.
Systems & Process Improvement
- Utilize and optimize property management accounting platforms such as RealPage or Yardi to streamline operations and reporting.
- Identify and implement process improvements to enhance the accuracy and efficiency of accounting workflows.
- Monitor key performance indicators (KPIs) and provide insights to leadership.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field; CPA or MBA strongly preferred.
- 10 years of progressive accounting experience, with at least 2–3 years in a leadership role.
Skills:
- Strong understanding of GAAP, financial reporting, budgeting, and forecasting.
- Advanced Excel skills and proficiency with financial systems; experience with RealPage or Yardi is required.
- Demonstrated ability to support business decision-making through financial insights.
- Strong leadership and team development skills with a proven track record of managing accounting staff.
- Strong analytical and problem-solving abilities with attention to detail.
- Experience supporting external audits and preparing financial statements.
- Excellent communication and interpersonal skills with the ability to present financial data to non-financial stakeholders.
- Ability to thrive in a fast-paced, deadline-driven environment.
Core Values: Allegro employees adhere to four critical core values, and all team members must bring this mentality to the office each and every day.
- Put Clients First
- Do It Right
- Be Dependable
- Always Improve
Compensation and Benefits:
- Competitive base salary commensurate with experience, plus performance-based bonuses tied to practice area performance.
- Benefits package, including health insurance, retirement plan, and potential equity opportunity.
Work Environment:
- Full-time position, in-office, with occasional travel to managed properties.
- Collaborative yet autonomous role, requiring both office-based leadership and on-site oversight
Application Instructions:
Please submit a resume and cover letter to careers@allegrorealty.com.