Multifamily Accounting Manager

Role Overview

• Oversee and review the monthly reporting process and the packages submitted by the property accountants for the multifamily properties
• Supervise property accountants and provide leadership, coaching, and review work performed
• Assist property accountants in close procedures and other time sensitive tasks as required
• Integrate with property management to ensure they have access to timely and accurate information while also coaching the property management team to utilize Yardi and related systems in a way which allows efficient processing by the property accounting team
• Analyze closing workpapers to validate trial balance support and accuracy
• Evaluate variance reporting packages and identify key drivers and discrepancies
• Oversee account reconciliations, roll forwards, and supporting schedules to ensure completeness and accuracy
• Approve and provide oversight of monthly journal entries, including period-end accruals and reversals
• Validate operating expense, contract, and utility accrual calculations
• Monitor and reconcile security deposit activity
• Ensure proper expense coding and accurate recording of transactions
• Prepare certain quarterly reporting schedules and deliverables
• Review and approve invoices and corresponding G/L coding
• Identify issues, trends, bottlenecks, and efficiency opportunities; recommend and implement process improvements
• Seek out inconsistencies and standardize best practices across portfolio
• Challenge status quo of work performed and strive to concentrate team’s time on most value-add activities
• Oversee and provide support schedules and documents for internal and external audits and for annual preparation of the TC201s and RPIEs
• Assist with the annual budget preparation
• Develop a complete understanding of Yardi software (Voyager and Rent Café) and other residential software
• Lead accounting transition and implementation for any multifamily assets we may acquire and serve as the property accountant for such properties until a multifamily property accountant is assigned or hired
• Coordinate with HR on hiring process and related decisions to build out our multifamily accounting support team
• Ensure internal controls are being adhered to and provide recommendations on improvements
• Complete ad hoc projects
• Assist in the review of financial reporting on assets excluded from the REIT portfolio

Requirements

• BA/BS degree in Accounting
• Minimum of 6+ years multifamily accounting experience
• Minimum of 3+ years of managerial or supervisory experience
• Real estate experience: multifamily experience is required
• Certifications such as CPA or CMA is a plus
• Excellent management and supervisory skills
• Proficient in accounting systems, Yardi Systems is a plus
• Proficient in Microsoft Office, with strong skills in Excel
• Strong analytical and communication skills (oral and written)
• Detailed-oriented
• Must be comfortable working autonomously and multi-tasking in a fast-paced environment and be highly conscientious of deadlines.

Benefits

• Competitive base salary and bonus
• Health/Dental/Vision insurance
• Company sponsored Life, AD&D, STD (with Salary Continuation), and LTD Insurance
• Voluntary Enhanced LTD Program
• Voluntary Hospital, Accident, and Cancer Programs
• 401(k) with 100% match up to 5%
• Paid parental leave
• Pre-tax transit accounts
• Employee Assistance Program for emotional, financial, and legal support
• Generous paid time off
• Flex remote work time
• Flex Summer Fridays
• Employee engagement programs
• Volunteer time off
• Continuing education
• Complimentary Empire State Building Observatory access
• Complimentary gym membership and other wellness benefits
• Employee Discount Programs