Regional Accounting Manager Central
2 days ago
Read on to find out what you will need to succeed in this position, including skills, qualifications, and experience.
CCI is a nationwide full-service real estate platform focused on acquisition, asset management, property management, and development. Our current property portfolio consists of around 8,000 apartments and townhomes, with a focus on providing affordable housing for seniors and persons with disabilities. We also own and manage a diverse and growing portfolio of other real estate assets covering traditional multifamily rentals, office, and light industrial uses. CCI employs around 400 Teammates in 30 states across the country and we are growing
As we enter the next phase of our companys growth, were looking for Teammates who can help us optimize our existing management platform (systems, tools, and processes), better leverage technology, and maintain our reputation for excellence. We are looking for ambitious self-starters who arent afraid to dig in. We value excellent communication and collaboration, and we reward those who challenge the status quo to find better ways of doing things. We believe that people learn best by doing so although we offer a full range of classroom learning and structured training paths, we prioritize hands-on experience and self-directed development.
Were proud of the people-first company culture weve built over the past two and a half decades well stretchand challenge you, and well let you be you. We Say Yes to Uniqueness: We are proud to be an EqualEmployment Opportunity (EEO) employer. Our commitment to equal opportunity extends to all applicants andemployees, regardless of national origin, race, sex, gender, sexual orientation, age, disability, or any otherclass protected by the laws in the states where we operate.
About You:
The Regional Accounting Manager plays a critical role in overseeing the financial activities of our managedproperties within their assigned region. This role is pivotal in ensuring accurate financial reporting, compliancewith HUD, GAAP, and partner standards, and maintaining the financial integrity of our property portfolio. As theRegional Accounting Manager, you will lead a team of Staff Accountants and Accounts Payable staff, drivinghigh performance and efficiency in all accounting functions.
You will oversee the month-end and year-end close process, ensure timely and accurate accruals, managereserve draw approvals, oversee the accurate preparation and timely filing of audit and tax reports, and handlesurplus cash calculations. Your expertise in property accounting, particularly in managing affordable housing,will be essential in ensuring compliance with regulatory standards while meeting owner and partnerexpectations.
A successful Regional Accounting Manager is both a strong leader and a hands-on problem solver who cannavigate complex accounting workflows, audit requirements, and financial regulations. You are comfortablemanaging diverse teams and processes across multiple properties, utilizing our Property ManagementAccounting software (currently Yardi) to optimize financial data management. Your strategic mindset allows youto identify areas for improvement, implement effective solutions, and contribute to CCI Managements broaderfinancial goals.
This role requires exceptional communication skills to effectively convey financial information to internal andexternal stakeholders, including auditors, investors, and property management teams. Your leadership will beessential in fostering a culture of accountability, collaboration, and excellence, ensuring that all financial
operations within your region align with CCIs standards and support the companys continued growth andsuccess.
Key Responsibilities:
Leadership and Management
Provide leadership and guidance to the regional accounting team, ensuring alignment of goals,adherence to best practices, and continuous professional development.
Lead and manage a group of Staff Accountants and Accounts Payable Clerks.
Lead by example, displaying a strong commitment to CCIs overall goals and business objectives andacting in line with our CCI Credo commitments to integrity, top-notch communication and excellenceacross all our business activities.
Build strong relationships with your team as well as a variety of internal and external stakeholders,continuing to enhance CCIs reputation as a leading property owner/operator and employer of choice.
Foster a culture of personal responsibility and ownership, where every team member understands howtheir role supports our overall strategy for the property and achievement of our specific performancegoals.
Leverage CCIs policies, procedures and systems to establish clear and achievable standards ofexcellence for your staff, and regularly verify performance against those standards.
Regularly discuss performance against our standards with each of your direct reports, providing coachingand support as required to achieve the desired outcomes.
As a key people manager within the organization, you will recruit, onboard, train, coach, support andmanage your staff to achieve their full potential.
Responsible for identifying and stretching top performers as they develop their careers. You will alsodeal swiftly, firmly and compassionately with team member performance that does not live up to ourhigh standards
Ensure that all team members are aware of and adhering to the expected quality and timeliness of teammate, leadership and partner interactions.
Regional Financial Operations
Implement and monitor financial controls and guidelines across all properties.
Standardize accounting policies, practices, and procedures to ensure consistency and efficiency acrossthe portfolio.
Monitor adherence to internal controls and identify opportunities to enhance process security andaccountability.
Optimize team efficiency by managing the property assignments to ensure that each accountant is fullyutilized, reducing the need for excess staffing. This involves identifying and recommendingopportunities to streamline processes, achieving high productivity and sustainable performance acrossthe region.
Ensure accurate performance of month-end and year-end close and accrual functions, including thecorrect recording of accrual activity for capital projects. This responsibility involves validating accrualand month-end entries, evaluating budget comparison reports, and collaborating with others throughoutthe CCI Management team to confirm that any unanticipated operating activity is properly recorded andreported.
Monitor the cash position of managed properties and collaborate with the regional propertymanagement team to implement balanced cash plans.
Review and approve financial reports prepared by Staff Accountants, ensuring thoroughness, accuracy,and timely delivery.
Manage audit and tax workflows, ensuring accuracy and compliance by reviewing financial reports,coordinating with external auditors and tax preparers to resolve discrepancies, and collaborating withthe Controller for final approval.
Approve reserve draw packages and monitor draw processing, ensuring timely and accuratecompletion in compliance with policy.
Lead the onboarding of new properties within the region, ensuring accurate financial opening entriestied to prior reports, proper debt record setup, bank account establishment, and clear reportingexpectations. Includes collaboration with other CCI Management teams to ensure comprehensive andcomplete on-boarding of the property.
Renew management certifications, ensuring they meet fee targets, while coordinating with theController and corporate operations team to address fee restrictions and pursue adjustments asneeded.
Prepare surplus and excess cash calculations in accordance with partner and regulatory standards, thisincludes monitoring and communicating projections of non-profit residual receipts.
Ensure completeness and accuracy of portfolio debt management systems.
Responsible for the Accounting review of capital project workflows. Ensuring a clear understanding thecash needs, sources and timing of the project.
Stay updated on HUD, lender, and owner requirements and ensure team adherence and compliancewith local, state, and federal financial regulations and reporting requirements.
Identify financial trends and provide actionable insights to improve property performance.
Collaborate with the Controller and other regional teams to drive organizational initiatives, conduct root cause analyses, and design policies, procedures, and training programs.
Routinely handle confidential financial information related to CCIs business activities. You are expectedto handle all confidential information appropriately, in line with all Federal, State and local laws andregulations as well as company policies and best practices.
General Requirements
Skills & Experience
Bachelors degree or equivalent experience in Accounting, Finance, or a related field.
5+ years of accounting experience, preferably in property management, with at least 2 years in a supervisoryor management role.
Proficiency in Yardi or equivalent property management software, as well as advanced skills in Microsoft Excel.
Familiarity with HUD requirements, affordable housing programs (e.g., LIHTC), and property-specificaccounting practices is preferred.
Demonstrated leadership and team management skills.
Excellent analytical, problem-solving, and communication skills.
Experience managing audits and tax return preparation is preferred.
Takes initiative: seeks to understand the goal, develops a plan, and delivers
Inquisitive: asks good questions & pieces together information from multiple sources
Tech-savvy: comfortable with new tech keen to use technology to deliver faster, better results
Excellent Communication: able to communicate effectively with stakeholders at all levels, verbally and inwriting
Detail oriented: sees the big picture, but understands & appreciates that the details matter
Strong Time Management: able to balance multiple competing priorities
Excellent Interpersonal Skills: builds strong relationships and leverages those relationships to deliver great
outcomes
Professionalism: calm, cool, collected - unflappable, even under pressure
Numerate: able to understand financials and manage a P&L
Problem Solving: solutions oriented, getting as close to a win for all as we can
Flexible & Adaptable: willing to go the extra mile, adapts well to changing circumstances
Exercises Good Judgment: considers multiple perspectives, weighs up risks, and makes a decision
Decisive: comfortable making decisions with incomplete or imperfect information
Physical Demands
Sedentary: sitting most of the time
Physical: frequent use of laptop computer, keyboard, mouse and tablet
Travel: Infrequent, for training and professional development
Visual: frequent use of computer monitors and tablet
Why Join Us:
CCI's approach is simple: we invest in our people. Our culture emphasizes long-term career development. We provide continuous job-specific training, resources, and support to maximize our employees' learning opportunities, making them our most valuable asset.
We Say Yes to Uniqueness
We are proud to be an Equal Employment Opportunity (EEO) employer. Our commitment to equal opportunity extends to all applicants and employees, regardless of national origin, race, sex, gender, sexual orientation, age, disability, or any other class protected by the laws in the states where we operate.
What We Offer:
We offer a comprehensive compensation and benefits package, a commitment to work-life balance, and ongoing career development opportunities.
Benefits & Perks
10 holidays per year
Paid Time Off (PTO)
Medical, dental & vision insurance
Basic life insurance & supplemental benefits
HSA/FSA
Employee Assistance Program (EAP)
401(k) Plan
Other rewards throughout the year
How We Hire:
CCI is committed to finding the best talent to embody our Credo and grow with the Company. Our hiring timeline may vary based on the position you're applying for.
Begin your journey with us today by submitting your resume or completing an online application
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