Property Accounting Manager (Remote)

Accounting Manager – Affordable Housing Property Accounting

Location: Washington, DC–Baltimore Area

Work Arrangement: Fully Remote – Candidates Must Be Local to the DMV Area within commutable distance

Industry: Multifamily / Affordable Housing / Property Management

Employment Type: Full-Time

The Opportunity

A highly established and growing multifamily real estate and property management organization is seeking an Accounting Manager to join its Property Accounting team.

This position will manage the day-to-day accounting for a portfolio primarily consisting of affordable housing properties while overseeing a team of approximately 3–4 accounting professionals.

The organization offers an exceptionally stable accounting team, strong leadership, minimal turnover, and a primarily remote work environment. Candidates must live within the Washington, DC–Baltimore region and be available for occasional in-person responsibilities.

Prior Affordable Housing Property Accounting experience is REQUIRED for this position.

Key Responsibilities

• Manage the day-to-day property accounting activities for a portfolio primarily consisting of affordable housing communities.
• Oversee and review monthly financial statements, journal entries, bank reconciliations, account reconciliations, wires, and other close activities.
• Ensure accurate and timely completion of monthly and year-end close requirements.
• Review property-level financial results and investigate unusual balances or variances.
• Partner with Property Operations on annual budgets, reforecasts, cash funding draws, and financial reporting.
• Serve as the accounting lead for new property transitions, dispositions, and management transitions.
• Support annual audits and respond to auditor requests and supporting schedules.
• Communicate with internal and external stakeholders regarding financial statements, distributions, tax-related matters, and other property accounting issues.
• Ensure compliance with GAAP, internal controls, accounting policies, and reporting requirements.
• Manage, mentor, train, and develop a team of approximately 3–4 accounting professionals.
• Assist other property accounting teams with additional portfolio needs as required.
• Maintain consistent reporting quality while managing multiple properties and deadlines.

Hard Requirements

Candidates must have:

• Affordable Housing Property Accounting experience – REQUIRED
• Bachelor's degree in Accounting or Finance
• Yardi or MRI experience
• 7 years of progressive real estate/property accounting experience
• 3 years of accounting leadership, supervisory, or management experience
• Strong understanding of property-level month-end close
• Experience preparing and reviewing property financial statements and reconciliations
• Experience with budgeting, forecasting, and property-level financial analysis
• Strong knowledge of GAAP
• Strong Microsoft Excel skills, including PivotTables, VLOOKUP/XLOOKUP, SUMIFS, and similar functions
• Ability to manage multiple properties, priorities, and reporting deadlines
• Strong written and verbal communication skills

Preferred Background

The strongest candidates will have experience managing the accounting for a portfolio of multifamily affordable housing properties and understand the nuances associated with affordable housing property management.

Experience with Yardi is particularly valuable.

Leadership Responsibilities

This is a true player/coach Accounting Manager opportunity. The successful candidate will:

• Oversee approximately 3–4 accounting professionals
• Review and approve team deliverables
• Provide training and technical accounting guidance
• Manage performance and development
• Ensure deadlines and reporting standards are consistently met
• Remain hands-on with the accounting for the assigned portfolio

Why Consider This Opportunity?

• Primarily remote work environment
• Highly stable accounting team with minimal turnover
• Strong and well-respected leadership
• Established organization with a significant real estate portfolio
• Opportunity to lead a team while remaining close to the accounting
• Continued portfolio growth creating long-term opportunity
• Excellent opportunity for an experienced Affordable Housing Property Accounting Manager seeking stability and flexibility

Interview Process

The interview process is streamlined and includes an initial recruiting conversation, a virtual interview with accounting leadership, and an onsite meeting with the team.

Candidates should also be prepared to complete a property accounting assessment as part of the interview process.