Posted on by Dianedelgadolemaire

About the Company and Property Accounting Manager Opportunity:

  • A family-owned organization that has continued to grow through three generations.
  • The company voted as one of the Best Places to Work in Houston for over a decade!

Perks of the Property Accounting Manager role?

  • Learn all about the construction and real estate industry!
  • A laid-back environment
  • A great manager who wants to teach and mentor you.
  • 40-hour work week! Call it a day at 3pm on Fridays. Work 7 to 4, 8 to 5 or 9 to 6…up to you!

Overview of the Property Accounting Manager role:

  • Lead accounting and reporting functions for multiple Operating Properties
  • Conduct financial reporting, lease accounting, and operating expense reconciliations
  • Manage budgets and variances for operational properties.
  • Support draws, capital calls, deposits, acquisitions, and distributions
  • Collaborate on ad hoc projects such as accounting system implementation and new process implementation
  • Manage and oversee daily accounting operations, including general ledger activities, month end and year end close, and preparation of internal financial statements.
  • Review and approve journal entries, account reconciliations, and supporting documentation to ensure accuracy and compliance.
  • Analyze property and corporate financial data to identify variances, trends, and opportunities for improved financial performance.
  • Oversee cash management processes, including weekly cash requirements, payment approvals, and coordination with Accounts Payable and Property teams.
  • Ensure lender reporting requirements are completed accurately and on schedule, including quarterly compliance packages and covenant monitoring.
  • Manage preparation of distributions, CAM reconciliations, loan compliance data, and other regulated reporting.
  • Serve as a key point of contact for internal departments (Legal, Asset Management, Finance) and external partners (Auditors, Banks, Consultants).

Preferred Qualifications for the Property Accounting Manager:

  • Bachelor’s in Accounting
  • 5 + years of progressive accounting experience.
  • Experience in property management or real estate accounting required.
  • Excellent verbal and written communication skills.
  • Experience with multi-entity organizations including consolidation reporting.

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