What are the responsibilities and job description for the Property Accounting Manager position at Sanford Rose Associates - JFSPartners?
Property Accounting Manager
We are seeking a Property Accounting Manager to oversee accounting and financial reporting for a portfolio of real estate properties. This role will supervise two accounting team members and work closely with property management and finance leadership to ensure accurate reporting and timely month-end close.
Responsibilities
- Manage month-end and year-end close for multiple properties and entities.
- Review financial statements, general ledger activity, journal entries, and account reconciliations.
- Supervise, mentor, and develop two accounting team members, including reviewing work and managing deadlines.
- Oversee property-level accounting, including rent revenue, operating expenses, accruals, prepaid expenses, and fixed assets.
- Review bank reconciliations, cash balances, and intercompany transactions.
- Partner with property managers to explain financial results, investigate variances, and resolve accounting issues.
- Support annual budgets, forecasts, and cash flow reporting.
- Coordinate audit requests and provide documentation for tax preparation.
- Maintain internal controls and identify opportunities to improve accounting processes.
- Review CAM reconciliations and tenant recoveries, as applicable.
Qualifications
- Bachelor’s degree in Accounting or Finance.
- Five or more years of accounting experience, including property or real estate accounting.
- Prior supervisory or team leadership experience preferred.
- Strong understanding of GAAP, financial reporting, and multi-entity accounting.
- Experience with property management accounting software such as Yardi, MRI, or RealPage.
- Strong Excel, organizational, and communication skills.
- Ability to manage competing deadlines and collaborate across departments.
Salary : $100,000 - $110,000