Accounting Manager - Asset Management

Lotus CompanySalt Lake City, UT
21hOnsite

About The Position

The Accounting Manager – Asset Management oversees the day‑to-day operations of the accounting function for asset management, ensuring timely, accurate financial reporting, robust internal controls, and continuous improvement of systems and processes. This role supervises staff, manages workflows, and partners cross‑functionally to support compliance, audits, and portfolio/project reporting needs for the asset management team.

Requirements

  • Technical Skills: Proficiency with accounting software and advanced Excel; understanding of GAAP and job costing and draw processes. Experience with reconciliation and journal entries.
  • Soft Skills: Analytical mindset, high attention to detail, strong organizational skills, effective communication skills, and a collaborative team-oriented approach.
  • Compliance & Systems: Experience in entity setup within accounting systems and troubleshooting accounting platform issues.
  • Bachelor’s degree in accounting; master’s degree in accounting preferred.
  • Minimum of 5 years of accounting experience, ideally in LIHTC asset management accounting.
  • Strong understanding of GAAP, multi-entity accounting, and financial reporting.
  • Proven leadership skills with the ability to manage and mentor accounting staff.
  • Excellent analytical, organizational, and communication skills.
  • Ability to thrive in a fast-paced, collaborative, and entrepreneurial environment.

Nice To Haves

  • CPA or progress toward certification preferred.
  • Advanced proficiency in Yardi Voyager is preferred.

Responsibilities

  • Manage the preparation and review of monthly, quarterly, and annual close deliverables; ensure accuracy, completeness, and adherence to deadlines.
  • Supervise internal and external financial reporting, including management packages and audit-ready statements.
  • Ensure compliance with GAAP and internal accounting policies across all accounting processes.
  • Support the Assistant Controller in developing, implementing, and maintaining internal controls; remediate control gaps and strengthen financial governance.
  • Coordinate and resolve audit findings with external CPAs and internal stakeholders; drive timely responses and corrective actions.
  • Support Corporate Accounting in regulatory compliance and tax filing activities.
  • Oversee daily operations of the accounting department, supervising staff and managing end‑to-end workflows (GL, AR/AP, reconciliations, billing).
  • Support the Assistant Controller in continuous improvement initiatives to enhance operational systems, processes, and data integrity.
  • Support the Assistant Controller in financial system administration and optimization (chart of accounts, roles/permissions, integrations, reporting).
  • Leverage Yardi Voyager for asset management accounting, reporting, and system optimization.
  • Review and approve capital call submittals and asset-related funding requests; ensure documentation accuracy and compliance.
  • Review asset revenue, expenses, and analyses; provide insights on variances, trends, and profitability to business stakeholders.
  • Supervise staff training and mentorship; set goals, conduct performance reviews, and build bench strength.

Benefits

  • Medical, dental, and vision insurance coverage, with eligibility beginning 30 days after employment
  • Health Savings Account (HSA) option
  • Access to telehealth and virtual care services
  • Mental health and wellness support, including expedited access to therapy and counseling resources
  • Basic life insurance, with the option to purchase additional coverage
  • Short-term disability insurance
  • Paid time off (PTO), accruing at 15 days per year
  • Ten (10) paid company holidays annually
  • 401(k) retirement plan with employer match
  • Performance-based bonus program based on company and individual performance
  • Employee recognition and milestone celebrations
  • Access to an on-site fitness facility
  • Covered, year-round parking in an attached garage
  • Daily office amenities, including coffee, snacks, and beverages
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