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Accounting Manager
1 month ago
Property Accounting Manager
The Property Accounting Manager will supervise property accountants and will be responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner. This position addresses tight deadlines and a multitude of accounting activities. This individual must possess the ability to effectively work in a fast-paced / high-volume transaction environment, which requires strong time management skills and the ability to prioritize deadlines. We are looking for a hands-on, detail-oriented individual who wants to be part of a growing team.
Job Duties:
- Lead a team of accountants who are responsible for all accounting functions and financial reporting for multi-family properties
- Obtain and maintain a thorough understanding of the financial reporting and general ledger structure for the various investors and third-party owners
- Ensure accurate and timely monthly, quarterly and year-end close
- Review general ledger to verify accuracy
- Review monthly recurring journal entries for accuracy and current applicability
- Ensure that all balance sheet accounts are reconciled monthly
- Responsible for month-end close accounting and review
- Ensure the accuracy of financial statements in accordance with GAAP and compliance to internal policies
- Review all financial reporting packages and ensure they are accurately presented in the appropriate format for that investor/owner
- Advises staff regarding the handling of non-routine reporting transactions.
- Interface with customers – both internal and external
- Provide support for annual audits
- Provide support for annual budgeting activities
- Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy
- Collaborates with the other department managers to support overall department goals and objectives
- Provide training to new and existing staff as needed
- Handle personnel issues relating to staff conflicts, absenteeism, performance issues, etc
- Assist in development and implementation of new procedures and features to enhance the workflow of the department.
- Responds to inquiries from Director of Property Accounting and VP of Accounting regarding financial reporting, special reporting requests and other similar requests.
- Work with each direct report to establish goals and objectives for each year and monitor and advise on the progress to enhance the professional development of staff
Requirements
Position Requirements:
- Multi-family property management accounting or real estate accounting strongly preferred
- Minimum 3 years supervisory experience
- Bachelor’s Degree in Accounting required
- CPA license or CPA eligible a plus· Strong working knowledge of Accounts Payable, Accounts Receivable, Fixed Asset, Cash, General Ledger, and Financial Statement preparation and review
- Demonstrated ability to manage competing priorities in a fast-paced, high-volume environment
- Strong customer service/people skills
- Strong analytical and communication skills
- Must be able to lead and motivate a team of accountants
- Computer Skills: Proficient with Microsoft Excel and Word, and Experience using the RealPage Accounting Platform preferred
This year, our LYND RESIDENTIAL PROPERTIES (“LRP”) team celebrates their 14th year in business as a real estate investment company specializing in the acquisition and asset management of multifamily communities throughout the country. During this 14-year period, LRP has sponsored investments in approximately 20,000 apartment units with a total capitalization of over $1 billion and counts some of the industry’s most reputable institutional investors as its partners.
Additionally, 2017 represents the 11th year in business for our LYND DEVELOPMENT PARTNERS (“LDP”) team. LDP has earned the reputation as one of the multifamily industry’s premier development companies with projects such as EnV Chicago, which won the coveted Multifamily Executive’s “High Rise of the Year” award in 2011. LDP has built its successful track record through mostly urban, infill developments and has set record sales prices on its projects in markets such as Chicago, Austin, and Denver.
The LRP and LDP teams have combined to execute on over $3.5 billion of real estate transactions during their collective time in business. Based in San Antonio, Texas with its second corporate office in Denver, Colorado, our teams have primarily invested and developed in the major metropolitan markets of Texas, Colorado, Arizona, and Florida. Historically, LRP and LDP have hired its affiliated property management company, The Lynd Company, to serve as property manager for all of its direct multi-family investments.
Through a deep analysis of the long-term succession and estate planning options for the Lynd family-owned property management company, The Lynd Company, we have decided the best road forward for LRP and LDP is to form our own vertically-integrated property management company separate and apart from The Lynd Company. Our new property management company is already registered and is Kairoi Residential.Company DescriptionThe year 2017 will be remembered as a historic one for our long-standing organization. It is a year where we reflect on the past and appreciate our business relationships and successes while positioning the organization for the decades ahead to continue our passionate involvement in the multifamily industry.\r
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This year, our LYND RESIDENTIAL PROPERTIES (“LRP”) team celebrates their 14th year in business as a real estate investment company specializing in the acquisition and asset management of multifamily communities throughout the country. During this 14-year period, LRP has sponsored investments in approximately 20,000 apartment units with a total capitalization of over $1 billion and counts some of the industry’s most reputable institutional investors as its partners.\r
\r
Additionally, 2017 represents the 11th year in business for our LYND DEVELOPMENT PARTNERS (“LDP”) team. LDP has earned the reputation as one of the multifamily industry’s premier development companies with projects such as EnV Chicago, which won the coveted Multifamily Executive’s “High Rise of the Year” award in 2011. LDP has built its successful track record through mostly urban, infill developments and has set record sales prices on its projects in markets such as Chicago, Austin, and Denver. \r
\r
The LRP and LDP teams have combined to execute on over $3.5 billion of real estate transactions during their collective time in business. Based in San Antonio, Texas with its second corporate office in Denver, Colorado, our teams have primarily invested and developed in the major metropolitan markets of Texas, Colorado, Arizona, and Florida. Historically, LRP and LDP have hired its affiliated property management company, The Lynd Company, to serve as property manager for all of its direct multi-family investments.\r
\r
Through a deep analysis of the long-term succession and estate planning options for the Lynd family-owned property management company, The Lynd Company, we have decided the best road forward for LRP and LDP is to form our own vertically-integrated property management company separate and apart from The Lynd Company. Our new property management company is already registered and is Kairoi Residential.
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