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We are seeking a detail-oriented and experienced Asset Manager specializing in Property Accounting to oversee the financial management and accounting for a diverse portfolio of 18 properties. The successful candidate will be responsible for ensuring accurate and timely financial reporting, maintaining compliance with accounting standards, and working closely with property stakeholders to optimize asset performance.
Job Responsibility:
Oversee the accounting processes for 18 properties, including profit and loss statements, balance sheets, and other financial reports
Ensure accurate record-keeping of property income, expenses, accounts payable/receivable, and reconciliations
Prepare monthly, quarterly, and annual financial reports for stakeholders, including ownership and management teams
Develop and manage property budgets, including annual budgets, reforecasts, and variance analysis
Work closely with property managers to monitor cash flow, address discrepancies, and recommend cost-saving measures
Collaborate with property managers to ensure tenant lease agreements and billing are aligned, including rent escalations, percentage rents, and other adjustments
Monitor delinquency reports and work with stakeholders on collection efforts
Ensure adherence to local, state, and federal accounting regulations and tax requirements for all properties under management
Prepare for and manage audits, ensuring timely submission of required documentation to auditors or governmental authorities
Utilize property management accounting platforms to track performance and support financial functions
Identify areas for process improvement to enhance accuracy, efficiency, and reporting timeliness.
Requirements:
Bachelor’s degree in Accounting, Finance, Business Administration, or related field required
CPA, CMA, or other relevant certifications preferred
Minimum 3–5 years of demonstrated experience in property accounting or asset management in the real estate industry
Proven track record of managing multiple properties, portfolios, or projects simultaneously
Proficiency in property accounting software or other similar systems
Advanced Excel skills and the ability to create detailed financial models, reports, and analysis
Strong knowledge of GAAP, real estate tax regulations, and financial compliance
Excellent analytical, organizational, and problem-solving skills
Proven experience in asset management or property management within the real estate sector
Strong knowledge of financial analysis, budgeting, and performance evaluation
Familiarity with key property documents, including regulatory, loan, and partnership agreements
Proficiency in compliance reporting for tax credit agencies, lenders, and investors
Ability to develop and implement capital improvement and exit strategies for properties
Excellent communication skills, with the ability to present complex information to diverse stakeholders
Advanced proficiency in property accounting and financial systems
Commitment to continuous development and staying updated on industry trends.
What we offer:
Medical, vision, dental, and life and disability insurance
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