Chief Property Accounting Officer

1 week ago

Houston, Texas, United States Asset Living Full time
Job DescriptionJob Description

Company Overview

Asset Living is a third-party management firm and a proven partner in fostering thriving communities nationwide. Founded in 1986, Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning, our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions.

Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US. At Asset Living, we wholeheartedly believe 'Together We Lead, Together We Succeed. We empower each other to lead by example, collaborate, and evolve – inspired by our belief that we can continually improve as individuals and as an organization. Together, we create an environment where every voice is heard, every idea is valued, and every individual experiences opportunities to grow as our company grows. When you join Asset Living, you become part of a dynamic team that thrives on unity, unique talents, and a universal culture of winning.

Recognized as one of the nation's Best and Brightest Places to Work and ranked in the NMHC top 50 professionals, join Asset Living because of its reputation as the most trusted partner in real estate, workplace culture, and growth opportunities. Asset Living is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). Together, we lead the way, and together, we achieve excellence in all that we do. Join a workplace where success is a collective journey and leadership is a shared responsibility.

Chief Property Accounting Officer

The Chief Property Accounting Officer (CAO) is a key member of the Asset Living management team. This position reports to the CFO and is responsible for the oversight of Asset Living's Property Accounting. The CAO provides strategic leadership, counsel, and direction to ensure exceptional client service. Additionally, this position supports strategic growth opportunities, monitors performance, and works closely with the CFO to develop efficiencies and alignment with Asset Living's vision, mission, and values.

Essential Duties & Responsibilities

  • Work with the CFO to fulfill broad-reaching strategic implementation of proactive programs, operational improvements, communication, and other general management responsibilities.
  • Develop and execute operating plans
  • Track metrics and success criteria, including accurate and timely delivery of financial statements.
  • Review, analyze, and address gaps in service excellence, policies, and procedures; proactively identify issues and implement solutions.
  • Integrate the property accounting of acquisitions.
  • Streamline practices for property financial reporting, ensuring proper communication with clients and operations team members.
  • Compare new technologies to traditional methods and utilize best-in-class technology to drive the business forward.
  • Build and maintain a knowledgeable and skilled team who execute in compliance with Asset Living's vision, mission, and values.
  • Lead the teammate development processes and succession planning through performance management, mentoring, coaching, training, and modeling appropriate leadership behaviors.
  • Evaluate the team regularly and only employ A players who share the same vision, ethics, and performance expectations.
  • Hold team accountable for meeting and exceeding benchmarked performance.
  • Responsible for communicating a plan of resolution when service levels are not achieved.
  • Establish a working relationship with other departments (Operations, Legal, HR, Treasury, etc.) to achieve operational goals.
  • Maintain knowledge of changes to accounting and tax standards and implement changes as necessary.
  • Some travel required.

Education & Experience

  • Bachelor's Degree in Accounting or Finance.
  • CPA required.
  • Minimum of 15 years of progressive accounting experience required.
  • Experience in supervising a team of accountants.
  • Real estate industry experience preferred.
  • Third-party property management experience preferred; multi-site, real estate platform, or similar experience preferred.
  • Excellent interpersonal, written, and verbal communication skills.

This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete nor permanent and may be modified at any time. At the request of their supervisor, an employee may be asked to perform additional duties or take on additional responsibilities without notice.

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