Real Estate Accounting Manager

Our client, a growing real estate company in the Greater Philadelphia Area, is seeking an in-house Real Estate Accounting Manager. The ideal candidate will have experience overseeing day-to-day accounting operations, preferably in a real estate setting.

They will be a team player who demonstrates a strong willingness to collaborate with colleagues throughout the organization for overall success. 

Portfolio Overview:

·         Over 300 units comprising residential single-family and small multifamily buildings

·         Mixed portfolio including Housing Choice Voucher (Section 8) and market-rate residential properties

Responsibilities

• Oversee daily accounting operations, including management of accounts payable, accounts receivable, bank reconciliations, and deposits

• Oversee property and tenant accounting, focusing on rent collection and security deposits, vendor payments, government assistance reimbursements, and utility payments

• Prepare for review monthly/yearly financial statements for owner and management

• Coordinate with property manager and operations manager to ensure accurate tracking and payment of insurance, property taxes, city fees, and other expenses
• Identify and implement process improvements while maintaining flexibility to handle additional responsibilities outside of the accounting space

Requirements

• Demonstrated knowledge of real estate accounting and terminology
• Proven experience as an accounting manager or similar role

• Proficiency with Cloud-based systems (Google Drive, Dropbox), Microsoft Excel / MS Suite, AppFolio or similar real estate management software, QuickBooks

• Strong understanding of accounting principles
• Excellent communication and interpersonal skills
• Strong problem-solving and decision-making abilities
• Ability to work independently, organize tasks, manage time and prioritize projects
• HUD Housing Choice Voucher / Section 8 experience is a plus
• Knowledge of real estate construction terminology / accounting is a plus
• Must pass background check

Benefits

Following a 90-day probationary period, employees are eligible for a negotiable benefits package that includes a healthcare stipend and Paid Time Off (PTO). Additional benefits such as retirement contributions and performance bonuses are available for employees who stay with the company long-term.