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Accounting Manager - multifamily real estate
AI Summary
Manages a team of property accountants for multifamily apartment communities, overseeing financial statements, bank reconciliations, audits, budgets, and property transitions while ensuring GAAP compliance and reporting deadlines.
About this role
Overview
The Accounting Manager, under the direction of the VP, Property Accounting works collaboratively to manage financial aspects of KETTLER Managements apartment communities. We are looking for an enthusiastic, customer-service focused individual. This individual will be responsible to manage a team of Accountants with a portfolio of properties (approximately 30-35 properties). This individual will work with auditors on the annual audit and other analyses related to the month-end and year-end close and have the ability to consistently meet reporting deadlines. The successful candidate will reside in the Virginia, D.C., Maryland region.
Compensation: $110k-$130k
We offer a robust Benefits Package including, but not limited to:
Paid Time Off
Health, Dental, Vision insurance; Life Insurance; Prescription coverage
Tax-Advantaged Spending Accounts (HSA or FSA)
401(k) retirement plan with company match
Responsibilities
- Manages day to day accounting functions of Property Accountants to include review/approval of the monthly financial statements, bank reconciliations, wires, etc., while meeting the internal/external deadlines.
- Effectively communicate with all 3rd party clients on financial statement questions, distributions, business license filings, personal property tax filings and other Tax related questions.
- Oversee and manage transitions of new properties as well as dispositions (sale or management transition) to include preparation of sale pro-rations.
- Work in partnership with the operations team on the annual budgets, reforecasts, Cash funding draws, and financial statement preparation.
- Provide training, discipline, goal planning, and performance management for a team of Property Accountants.
- Work with VP, Property Accounting in meeting monthly, end of year, and audit requirements.
- Ability to successfully multi-task and manage multiple deadlines within multiple property management softwares.
- Has sufficient knowledge of GAAP and industry standards.
Qualifications
- Minimum of 7 (seven) years of experience in an Real Estate Accounting department and at least 5 (five) years as a Manager or related people leadership role
- Property Management/Real Estate background highly preferred
- Experience performing Accounting tasks in an Affordable Real Estate environment is preferred
- Proficiency in Microsoft Excel (vlookups, pivot tables, sumifts, etc...)
- Great communication skills (both verbal and written)
- Ability to work on multiple projects simultaneously
- BA or BS Degree in Accounting/Finance required with knowledge of GAAP
- Experience with Yardi is preferred
The initial salary range for this role in the DC/MD/VA area is $110,000 - $130,000
The above-referenced position summary is a guideline designed to present an overview of the job duties and is not intended to be a comprehensive list of responsibilities and requirements.
Skills
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