Commercial Property Accounting Manager

JOB FUNCTION: Real Estate
JOB TYPE: Direct Hire
LOCATION: Boston, MA
COMPENSATION: $110k - $120k
REMOTE / ONSITE: Onsite
POSTED: Aug 4, 2022

Our client is a leading Boston commercial real estate firm, with a managed portfolio across multiple asset classes, is experiencing exciting growth and seeks a Commercial Property Accounting Manager to join their team. The position’s specific duties will include oversight and management of an assigned team of property accountants.

Salary/Hourly Rate:

$110,000 – $120,000 + 10% Bonus

Position Overview:

This Commercial Property Accounting Manager role will work closely with internal real estate service groups, including property management, leasing, construction, and asset management. The Commercial Property Accounting Manager will be required to work collaboratively to meet the goals and objectives while adhering to the policies, procedures, and audit requirements ensuring continued growth and success.

Responsibilities of the Commercial Property Accounting Manager:

  • Ensure all monthly, quarterly, and annual accounting closes and reporting are accurate, timely and professionally prepared for a portfolio of assets
  • Review and approve financial workpapers, bank reconciliations, escalation billings, budgets, analysis, and GAAP work papers prepared by property accountants
  • Primary enforcement of companies internal control policies, ensuring compliance and adherence to those policies
  • Work with the VP of Finance on the external audit engagement
  • Ability to identify procedural deficiencies and implement corrective actions, if necessary
  • Play a key role in the annual budgeting process and preparation of monthly reports for review by senior management
  • Ability to develop an understanding of property management software (Yardi and MRI) and ultimately maximize its use
  • Actively manage the day-to-day operations of a team of assigned accountants
  • Provide backup support for Property Accountants as needed
  • Fulfill primary accounting responsibilities as required due to leaves of absence, vacations, heavy workloads and deadlines, other transition times, etc.
  • Support the department with team initiatives and special projects, taking the lead on special projects, as assigned

Qualifications for the Commercial Property Accounting Manager:

  • Prior accounting management experience (public or private), preferably within the Commercial Real Estate Industry
  • Ability to communicate effectively with superiors, peers, and vendors, as well as clients and other related parties
  • Excellent organizational skills, strong attention to detail and the ability to manage multiple priorities, while meeting deadlines
  • Quick study with the willingness to learn new systems and the eagerness to grow with the company
  • High degree of personal integrity and ability to work effectively in a fast-paced team environment
  • An interest in solving problems and a desire to have an impact on company policies and procedures
  • A strong positive attitude, demonstrating the professionalism, discipline and flexibility in an ever-changing environment needed to attain company goals
  • Solid knowledge of Generally Accepted Accounting Principles Yardi & MRI experience a plus

Education Requirements:

  • Bachelor’s degree in Accounting is required
  • CPA is preferred

Benefits:

  • Medical, Dental, and Vision
  • Life insurance
  • Short & Long Term Disability insurance
  • 401k match
As a woman-owned firm, we value diversity. We are an equal opportunity employer and will consider all applications without regard to race, sex (including gender, pregnancy, sexual orientation and gender identity), age, color, religion or creed, national origin or ancestry, veteran status, disability (physical or mental), genetic information, citizenship or any other characteristic protected by law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request an accommodation.
Position ID: 112518