Accounting Manager, Capital Projects

Discovery Senior Living is hiring an Accounting Manager to own full-cycle accounting and financial reporting for a portfolio of senior living communities. The role leads a two-person offshore accounting team and oversees close, resident revenue and billing, budgeting, capital partner reporting, audits, and process improvements.

Responsibilities:

• Directly manage two offshore accounting staff: set daily and monthly priorities, assign work, and hold the team to the close calendar
• Serve as the primary liaison between US leadership and the offshore team — you are accountable for their output, not just their activity
• Review offshore-prepared journal entries, reconciliations, schedules, and draft financials before anything reaches the Controller or ownership
• Structure work around limited time-zone overlap: clear written handoffs, defined turnaround expectations, and a daily or near-daily sync during close
• Build and maintain written SOPs, checklists, and close calendars so the process does not depend on any one person's memory
• Train and develop the team on senior living accounting specifics — census, care-level revenue, resident A/R — and on judgment, not just mechanics
• Conduct performance feedback, identify capability gaps, and recommend scope expansion or additional headcount as the portfolio grows
• Own the full month-end close for an assigned portfolio of communities: journal entries, accruals, reclasses, prepaid and deferred revenue schedules, and intercompany entries
• Prepare and review accrual-basis financial statements — balance sheet, income statement, and cash flow — on a strict close calendar
• Own monthly income statement variance analysis (actual vs. budget vs. prior period vs. forecast) and write the narratives explaining the drivers
• Ensure all balance sheet accounts are reconciled monthly, including operating, security deposit, resident trust, and reserve accounts
• Review bank reconciliations and confirm reconciling items are researched and cleared
• Ensure resident billing, rent rolls, census, and care-level revenue are accurate and complete before close
• Reconcile census and occupancy data to revenue recognized; drive discrepancies to resolution with community and clinical teams
• Account for community fees, move-in fees, and other deferred revenue in accordance with GAAP
• Oversee ancillary and third-party revenue streams (care levels, ancillary services, and where applicable Medicaid, Medicare, VA, or long-term care insurance receipts)
• Monitor accounts receivable aging, bad debt reserves, and collections with the business office
• Partner with Operations on the annual operating and capital budget process, including building schedules and stress-testing assumptions
• Own monthly and quarterly reporting packages for capital partners
• Calculate and record management fees, asset management fees, and intercompany allocations
• Serve as a primary contact for external auditors and tax preparers; own PBC schedules, workpapers, and footnote support
• Maintain documentation and internal controls over cash, revenue, and disbursements — including controls appropriate to a distributed, offshore-supported team
• Identify and implement process improvements that shorten the close and improve reporting quality

Requirements:

• Bachelor's degree in Accounting (Accounting major required; Finance or business degrees without an accounting concentration will not be considered)
• 1–2 years of experience as an Accounting Manager or in an equivalent role with direct review and supervisory responsibility
• 5+ years of total progressive accounting experience
• Strong working knowledge of US GAAP and accrual accounting
• Advanced Microsoft Excel — pivot tables, lookups, SUMIFS/index-match, large-data reconciliation, and building schedules from scratch without a template
• Demonstrated ownership of a full month-end close and multi-entity general ledgers
• Full-cycle property accounting and multi-entity general ledger management
• Financial statement preparation, review, and variance analysis
• Balance sheet and bank reconciliation review
• Budget development and forecasting support
• Fixed assets, capital expenditures, and reserve accounting
• Audit preparation and workpaper documentation
• Property management and accounting ERP systems
• Reviews with a point of view — catches the error and explains why it happened
• Delegates real work rather than defaulting to doing it personally under deadline
• Communicates precisely in writing, which is how most offshore coordination actually happens
• Builds repeatable process instead of relying on heroics each close
• Gives direct, usable feedback across cultural and time-zone distance
• Deadline discipline — hits close dates without being chased
• Analytical judgment: finds the discrepancy, then explains what caused it
• Clear communication with non-accountants, including community leadership, owners, lenders, and vendors
• Self-directed problem solving; brings solutions, not just issues, to the Controller
• High attention to detail without losing sight of materiality
• Discretion with confidential resident, employee, and ownership information
• Comfort in a mission-driven environment where financial decisions affect residents' daily lives
• 3–5 years of real estate accounting experience, ideally in senior living, multifamily, or healthcare real estate
• Experience managing or working closely with an offshore, outsourced, or shared-services accounting team
• Hands-on experience with Yardi Voyager or Yardi Senior Living; MRI, RealPage/OneSite, PointClickCare (PCC), Sage Intacct, or NetSuite also valued
• Exposure to multi-entity or joint venture structures, consolidations, and equity waterfalls
• Working knowledge of ASC 606 and ASC 842
• Experience supporting a portfolio of 5+ properties or entities simultaneously
• Experience with agency or HUD-financed seniors housing assets
• Experience documenting processes or building SOPs from scratch