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Accounting Manager

2 months ago

Phoenix, United States Frederick Fox Full time

Our client a leading real estate development company specializing in residential, commercial, and mixed-use properties is seeking a dedicated and experienced Accounting Manager to join their team and oversee the accounting functions for a diverse portfolio of real estate assets.


Key Responsibilities


Financial Management:

  • Oversee all accounting functions related to real estate assets, including residential, commercial, and mixed-use properties.
  • Prepare and review monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with GAAP and company policies.
  • Manage the full cycle accounting process, including accounts payable, accounts receivable, general ledger, and fixed assets.

Budgeting and Forecasting:

  • Develop and manage property-level budgets and forecasts.
  • Analyze variances between actual and budgeted figures, providing detailed explanations and recommendations to senior management.
  • Collaborate with property managers and other departments to ensure alignment on financial goals and performance metrics.

Internal Controls and Compliance:

  • Implement and maintain robust internal controls to safeguard company assets and ensure compliance with regulatory requirements.
  • Coordinate and support external audits, providing necessary documentation and explanations.

Team Management:

  • Supervise and mentor a team of accounting professionals, including training, performance evaluations, and professional development.
  • Foster a collaborative and high-performance work environment.

Reporting and Analysis:

  • Prepare detailed financial reports and analyses for senior management, investors, and stakeholders.
  • Conduct financial modeling and analysis to support investment decisions and strategic initiatives.

Property Accounting:

  • Ensure accurate and timely recording of all property-related transactions, including lease accounting, property tax, and depreciation.
  • Manage the accounting for property acquisitions, dispositions, and development projects.
  • Oversee rent roll and tenant billing processes, ensuring accuracy and timeliness.
  • System Management:
  • Optimize and maintain accounting software and systems to improve efficiency and accuracy.
  • Lead initiatives to enhance reporting capabilities and streamline accounting processes.


Qualifications

Education:

  • Bachelor’s degree in Accounting, Finance, or a related field. CPA or CMA designation preferred.

Experience:

  • Minimum of 5 years of progressive accounting experience, with at least 3 years in a managerial role within the real estate industry.
  • Strong knowledge of real estate accounting principles, practices, and regulations.
  • Experience with property management software (e.g., Yardi, MRI, or similar) is highly desirable.

Skills:

  • Excellent analytical and problem-solving skills.
  • Strong leadership and team management abilities.
  • Exceptional attention to detail and organizational skills.
  • Proficient in Microsoft Office Suite, particularly Excel.
  • Strong communication and interpersonal skills, with the ability to effectively interact with all levels of the organization and external stakeholders.