Real Estate Accounting Manager
Vaco LLC
Our client, a growing commercial real estate investment and development company, is seeking an experienced Accounting Manager to join their finance team.Apply promptly! A high volume of applicants is expected for the role as detailed below, do not wait to send your CV.This is an excellent opportunity for a property accounting professional looking to play a key role in managing the financial operations of a diverse real estate portfolio while partnering closely with executive leadership, Asset Management, Property Management, lenders, and external partners.The ideal candidate is detail-oriented, hands-on, and thrives in a collaborative environment with the ability to manage multiple priorities and meet deadlines.Responsibilities Oversee the monthly close process for an assigned portfolio of commercial real estate properties and related entities, ensuring accuracy and timely financial reporting.Review monthly operating reports and financial statements prepared by an outsourced accounting team.Prepare lender and investor reporting packages while monitoring compliance with loan covenants and reporting requirements.Coordinate construction draw requests and supporting documentation while serving as the primary liaison with lenders throughout the funding process.Monitor and oversee cash management, accounts payable, accounts receivable, and overall financial activity for assigned properties.Serve as a primary point of contact for tenant and vendor accounting inquiries.Participate in the annual budgeting and forecasting process, including preparation of required financial schedules.Partner closely with Asset Management, Property Management, and executive leadership on financial analysis and operational initiatives.Coordinate year-end audit and tax preparation with external auditors and tax advisors, including preparation of supporting schedules.Manage the relationship with the outsourced accounting provider, ensuring timely completion of deliverables and maintaining quality standards.Review draft financial statements and tax returns prior to final approval.Review Common Area Maintenance (CAM) reconciliations and respond to tenant inquiries as needed.Ensure compliance with applicable accounting standards, internal policies, lender requirements, and regulatory guidelines.Support additional accounting and finance projects as assigned by executive leadership.Qualifications Bachelor's degree in Accounting or Finance.5+ years of property accounting or commercial real estate accounting experience.Strong understanding of financial reporting, account reconciliations, month-end close, and property accounting.Experience working with commercial real estate portfolios, leases, CAM reconciliations, and lender reporting.Proficiency with Yardi or another commercial real estate/property management ERP system.Advanced Microsoft Excel skills with proficiency in Microsoft Office applications.Strong organizational, analytical, and problem-solving skills.Excellent communication skills with the ability to interact effectively across departments and with external stakeholders.Ability to manage multiple priorities in a fast-paced environment while maintaining exceptional attention to detail.Preferred Experience Commercial real estate investment or property management experience.Experience managing or reviewing work performed by an outsourced accounting team.Familiarity with construction draws and lender reporting.Experience preparing annual budgets and coordinating year-end audit and tax processes.Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs.With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting.The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan.Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied.Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations.By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions.Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied.Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers.Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.EEO Notice Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals.As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations.If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact .Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.Representation Notice By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity.You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications.You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application.In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.For residents of Ontario, Canada: Based on Highspring's discussions with its Client, Highspring's understanding is that this position for employment is a current vacancy (either through Highspring as a contractor or with the client directly).Privacy Notice Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies.California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.Virginia residents may access our state specific policies here.Residents of all other states may access our policies here.Canadian residents may access our policies in English here and in French here.Residents of countries governed by GDPR may access our policies here.Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied.More details about Vaco by Highspring's use of AI can be found here ( ).Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers.Vaco by Highspring does not know and cannot opine on if its client's use of AI products in hiring.Pay Transparency Notice Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs.With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. xhyhwjd The individual may also be eligible for discretionary bonuses.
$110k - $210k
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