Director of Accounting

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Director of Accounting

Senior Management Full Time Senior Management Blacksburg, VA, US

Salary: $125,000.00 Annually

Position Summary

The Director of Accounting leads the accounting department for CMG Leasing, Inc. and affiliated entities as assigned. Reporting to the Chief Financial Officer, this position is accountable for accurate financial reporting, effective internal controls, reliable property accounting operations, and development of the accounting team. The Director establishes department priorities, reviews significant accounting matters, and partners with operational leaders to improve financial visibility and execution. This is a working leadership role that combines department oversight with direct involvement in critical accounting activities.

Essential Functions and Responsibilities

• Direct accounting operations, establish department priorities and reporting calendars, and ensure clear ownership, review standards, and accountability for deliverables.
• Lead monthly, quarterly, and annual closing activities. Review financial statements, significant journal entries, reconciliations, and supporting schedules for accuracy, completeness, and compliance with generally accepted accounting principles and company policies.
• Oversee general ledger activity, accounts payable, accounts receivable, accruals, fixed assets, bank reconciliations, and intercompany balances. Ensure transactions are properly supported, recorded, and reviewed.
• Direct property accounting processes, including rent and other property revenue, resident balances, security deposit reconciliations, vendor payments, and property reporting. Partner with property leaders to resolve discrepancies and improve source data.
• Maintain accounting policies, documented procedures, approval workflows, and segregation of duties. Review payment controls and system access with appropriate partners, identify control gaps, and oversee corrective action.
• Serve as the department resource for complex accounting questions. Research and document significant accounting treatments and elevate material issues and recommendations to the Chief Financial Officer.
• Lead preparation of operating and capital budgets, forecasts, and variance analysis with the Chief Financial Officer and operational leaders. Explain results and recommend actions to address financial risks and performance concerns.
• Monitor cash balances and prepare cash flow forecasts. Oversee banking and debt reconciliations, track covenant reporting deadlines, and provide supporting information for financing activities under the direction of the Chief Financial Officer.
• For assigned construction or development projects, oversee job cost reporting, project budget comparisons, capitalization, and accounting support for loan draws. Coordinate with project leaders to resolve discrepancies and maintain project records.
• Coordinate external audits, tax preparation support, real estate tax matters, information returns, and lender requests. Maintain supporting schedules and track completion of agreed corrective actions.
• Oversee Entrata or comparable integrated accounting and property management systems. Improve reporting, workflows, data integrity, and appropriate automation in coordination with system administrators and business partners.
• Recruit, supervise, coach, and evaluate assigned accounting staff. Establish performance expectations, review workloads, address performance concerns, and develop staff capabilities.
• Maintain cross training, written procedures, and backup coverage for critical functions to support continuity during absences, vacancies, and peak reporting periods.
• Partner with property management, construction, operations, Human Resources, and executive leadership on accounting issues. Coordinate payroll accounting and reconciliations with the responsible payroll function.
• Perform other duties reasonably related to the position and business needs.

Supervisory Responsibilities

Provides direct or functional supervision of assigned accounting personnel. Responsibilities include selection recommendations, onboarding, work assignment, training, coaching, performance evaluation, corrective action recommendations, and staff development in accordance with company policies. The Director is responsible for department execution within delegated authority; financing decisions and broader financial strategy remain with the Chief Financial Officer and executive leadership.

Required Qualifications

• Bachelor’s degree in Accounting, Finance, or a closely related field.
• At least seven years of progressive accounting experience, including responsibility for financial reporting, closing activities, internal controls, and accounting operations, with at least three years supervising or managing accounting personnel.
• Experience overseeing accounting for multiple entities and coordinating work across competing reporting deadlines.
• Strong knowledge of GAAP, financial statement preparation, account reconciliations, cash flow management, budgeting, and audit support.
• Proficiency with integrated accounting systems and advanced Microsoft Excel skills, including PivotTables, lookup functions, and financial analysis.
• Demonstrated ability to review accounting work, develop staff, implement process improvements, and explain financial information to operational leaders.
• Proficiency with Google in particular (Google Sheets, Gmail, & Drive) is required.

Preferred Qualifications

• Experience in property management, real estate, construction, or development accounting.
• Direct experience with Entrata or comparable property management accounting software.
• Public accounting experience or a master’s degree in a related field.

Core Competencies

Sound judgment, professional integrity, and discretion with confidential information; strong analytical and problem solving skills; careful attention to accuracy; clear communication; and the ability to prioritize deadlines, collaborate across departments, and maintain accountability during periods of change.

Work Environment and Physical Requirements

This is primarily an office based position involving regular computer use, standard office equipment, and frequent written and verbal communication. Occasional movement throughout the office and visits to company locations or business meetings may be required. Essential functions must be performed with or without reasonable accommodation.

Schedule and Travel

Regular full time schedule, generally Monday through Friday. Additional hours may be required during closing activities, audits, budgeting, or other critical business periods. Occasional local travel may be required for meetings, banking, or company operations.

Position Scope

This description summarizes the primary responsibilities and essential functions of the position. Duties may change as business needs evolve. Nothing in this description alters the at will nature of employment or creates a contract of employment.