Property Portfolio Finance Manager

Role Overview

• Prepare and present timely and accurate financial reports for your assigned portfolio of approximately 30 properties, including monthly, annual, and ad hoc financial statements, to internal stakeholders and external partners.
• Own the general ledger for your assigned region, applying critical thinking and decision-making skills to ensure accuracy and integrity in financial reporting. Independently complete higher complexity accounting work.
• Present financial insights and reports to internal and external stakeholders in a clear, actionable manner to facilitate useful discussions and good decisions by the operations and asset management teams.
• Review the preparation of financial statements by the centralized team before distribution to our external property owners, ensuring compliance with management agreements and property application of contract terms.
• Perform variance analysis, trend analysis, and scenario planning to support business decisions across finance, operations, and asset management.
• Sharing the responsibility with other finance leaders, manage and mentor junior accountants in the US and Mexico.
• Ensure our centralized/ offshore teams complete reconciliations related to your properties accurately, including intercompany reconciliations, and ensure our property partners and Kasa are paid timely by assisting the offshore team as needed.
• When you are not in the thick of monthly close and financial reporting, your focus will be process improvement and ad hoc initiatives. You will actively seek opportunities to automate manual processes and contribute to the continuous improvement of our tech-enabled accounting process. You will partner with offshore team members to identify and implement new areas for improvement. You will provide insights and recommendations to drive cost reduction initiatives and optimize resource allocation.
• Build strong relationships with regional teams, acting as a key point of contact for accounting-related matters and ensuring alignment on financial performance. Regularly lead meetings within your assigned region with a focus on financial results.
• Provide a high level of service to property partners and internal teams by delivering timely, thoughtful, and accurate responses.
• Manage cash flow and treasury functions for your portfolio, ensuring timely payments and accurate forecasting.

Requirements

• Bachelor's degree in Finance, Accounting, Business, or a related field
• 5+ years of property-level accounting experience across multiple properties and/or real estate portfolios in hospitality, real estate, or a related industry
• 1+ year managing or mentoring other team members
• Strong proficiency in property-level hospitality accounting, cash flow forecasting and portfolio-level roll-up reporting
• Strategic thinker with the ability to provide actionable insights for senior management
• Proven ability to communicate financial information clearly to non-finance stakeholders, including operations and property partners, both written and verbal
• Detail-oriented, organized, and capable of managing multiple priorities in a fast-paced environment
• Intermediate skills in Microsoft Excel and Google Sheets required (e.g. pivot tables, XLOOKUP, etc.)
• Experience with NetSuite or similar ERP required
• Excellent understanding of financial regulations, GAAP, USALI reporting standards, and compliance requirements
• Intellectually curious, highly motivated, and able to maintain efficiency while working independently.

Tech Stack

• ERP

Benefits

• Kasa Travel Credit: We love to travel! Kasa employees get an allowance of free stays with us in any of our locations, plus a discount on any night for friends and family.
• Remote Work: With flexibility as a core value, and over three-quarters of the team working remotely, Kasa employees are able to work from anywhere!
• Generous Stock Option Plan: We believe the success of our business should be shared with our team. As you grow with us, we increase the opportunities for you to become part-owners of our company.
• Flexible PTO: Full-time exempt Kasa employees are encouraged to take time off as they need and see fit, ensuring that it’s not disruptive to their work.
• Competitive Salary: We offer base salaries at or above market rates plus additional earning opportunities based on the position.
• Health Coverage: We’ve invested in comprehensive health insurance options to help when you need it most, including a company-sponsored plan with fertility coverage.
• 401(k) plan: As you invest in yourself and your future, Kasa invests in you too: we match 100% of the first 3% of your deferred salary.
• Other Perks: Qualifying full-time roles are eligible for a wi-fi stipend, home office stipend, and more!