Property Accounting Manager
Vyla Healthcare Search
Job Description
Job Description
We are seeking a sharp, strategic Property Accounting Manager with 5 to 10 years of progressive experience to manage the fiscal oversight and operational reporting of a diverse real estate portfolio.
Must have commercial property accounting or real estate portfolio experience and deep understanding of CAM reconciliations.
If you are looking to step away from repetitive data entry and transition into a high-visibility role with direct business impact, this is your next step. In this position, day-to-day accounts payable, accounts receivable, and foundational general ledger functions are fully managed by third-party property managers.
Instead of processing transactions, you will serve as the primary financial liaison for the ownership group—delivering critical oversight, sophisticated analysis, and professional reporting for lenders and investors. This role is a unique hybrid of rigorous portfolio accounting and sharp asset management judgment, perfect for a mid-career professional ready to drive financial strategy.
Primary Responsibilities
- Oversee day-to-day accounting operations for commercial real estate assets.
- Manage monthly, quarterly, and annual financial reporting processes.
- Supervise general ledger activity, reconciliations, accruals, and journal entries.
- Review and analyze financial statements for accuracy and completeness.
- Manage CAM reconciliations, tenant billings, and expense recoveries.
- Interpret and apply commercial lease terms, including NNN and reimbursement structures
- Coordinate annual budgets and assist with forecasting and variance analysis.
- Work closely with property managers, ownership, lenders, and external accountants
- Support audits, refinancing efforts, and lender reporting requirements
- Assist in improving accounting systems, internal controls, and operational efficiencies
- Oversee third-party property management accounting and reporting where applicable.
- Mentor and support accounting staff as the company continues to grow.
- Maintain a deep, "big-picture" understanding of each asset’s financial and operational performance to provide proactive insights to leadership.
Candidate Profile
- Judgment-First Mindset: You possess the business acumen to identify nuances in property performance that go beyond what is visible on a spreadsheet.
- Effective Liaison: You are a skilled communicator capable of managing diverse service providers and adapting your approach to fit the capabilities of various management teams.
- Attention to Detail & Scope: You maintain meticulous accuracy in financial oversight while never losing sight of the broader portfolio strategy.
- Professional Maturity: You thrive in roles that demand high-level judgment over repetitive, transaction-focused tasks.
Preferred Qualifications
- Bachelor’s degree in accounting, Finance, or a related field.
- 5+ years of experience in Real Estate Portfolio Accounting, Asset Management, or a similar oversight capacity.
- Advanced proficiency in real estate accounting software (e.g., Yardi, MRI, or AppFolio) and Excel.
- Deep understanding of CAM reconciliations, lender reporting requirements, and real estate financial modeling.
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