Accounting Manager, Capital Projects

Discovery Senior Living•Dallas, TX

3d•Hybrid

About The Position

The Accounting Manager owns full-cycle accounting for a portfolio of senior living communities, including independent living, assisted living, and memory care, and leads a two-person offshore accounting team supporting the close. This is a hands-on working-manager role responsible for preparing and reviewing accounting work, closing the books, explaining financial results, and building processes that enable the offshore team to take on more responsibility over time. The role initially starts remotely and then transitions to onsite work in Dallas. The description gives conflicting onsite expectations: it first says three days per week, then says the role requires onsite work five days per week. The position involves approximately 10%–20% travel, typically follows a 9:00 a.m.–6:00 p.m. schedule, and requires additional hours as needed during closing periods. The manager works with accounting, asset management, operations, community and clinical teams, and has regular exposure to senior leadership.

Requirements

Bachelor's degree in Accounting; an Accounting major is required, and Finance or business degrees without an accounting concentration will not be considered.
1–2 years of experience as an Accounting Manager or in an equivalent role with direct review and supervisory responsibility.
5+ years of total progressive accounting experience.
Strong working knowledge of US GAAP and accrual accounting.
Advanced Microsoft Excel skills, including pivot tables, lookups, SUMIFS/index-match, large-data reconciliation, and building schedules from scratch without a template.
Demonstrated ownership of a full month-end close and multi-entity general ledgers.
Ability to work onsite in Dallas; the posting states both three days and five days per week for onsite work.
Deadline discipline and ability to meet close dates without being chased.
Analytical judgment to identify discrepancies and explain their causes.
Clear written and verbal communication, including communication with non-accountants and coordination across cultural and time-zone differences.
Self-directed problem solving and ability to bring solutions, not just issues, to the Controller.
High attention to detail while maintaining a sense of materiality.
Discretion with confidential resident, employee, and ownership information.
Comfort working in a mission-driven environment where financial decisions affect residents' daily lives.

Nice To Haves

Active CPA license.
2+ years of public accounting experience, with audit or assurance experience at a CPA firm; real estate or senior living clients are ideal.
3–5 years of real estate accounting experience, ideally in senior living, multifamily, or healthcare real estate.
Experience managing or working closely with an offshore, outsourced, or shared-services accounting team.
Hands-on experience with Yardi Voyager or Yardi Senior Living; MRI, RealPage/OneSite, PointClickCare (PCC), Sage Intacct, or NetSuite experience is also valued.
Exposure to multi-entity or joint venture structures, consolidations, and equity waterfalls.
Working knowledge of ASC 606 and ASC 842.
Experience supporting a portfolio of 5+ properties or entities simultaneously.
Experience with agency- or HUD-financed seniors housing assets.
Experience documenting processes or building SOPs from scratch.
Experience in public accounting, ideally with real estate or senior living clients.

Responsibilities

Directly manage two offshore accounting staff by setting priorities, assigning work, and holding the team to the close calendar.
Serve as the primary liaison between US leadership and the offshore team and remain accountable for the team's output.
Review offshore-prepared journal entries, reconciliations, schedules, and draft financial statements before they reach the Controller or ownership.
Coordinate work across limited time-zone overlap using written handoffs, turnaround expectations, and daily or near-daily close-period syncs.
Build and maintain written SOPs, checklists, and close calendars.
Train and develop the team on senior living accounting, including census, care-level revenue, resident accounts receivable, and accounting judgment.
Provide performance feedback, identify capability gaps, and recommend expanded scope or additional headcount as the portfolio grows.
Own the month-end close for an assigned portfolio, including journal entries, accruals, reclasses, prepaid and deferred revenue schedules, and intercompany entries.
Prepare and review accrual-basis balance sheets, income statements, and cash flow statements according to a strict close calendar.
Own monthly income statement variance analysis against budget, prior period, and forecast, and write narratives explaining the drivers.
Ensure monthly reconciliation of all balance sheet accounts, including operating, security deposit, resident trust, and reserve accounts.
Review bank reconciliations and ensure reconciling items are researched and cleared.
Ensure resident billing, rent rolls, census, and care-level revenue are accurate and complete before close.
Reconcile census and occupancy data to recognized revenue and resolve discrepancies with community and clinical teams.
Account for community fees, move-in fees, and other deferred revenue in accordance with GAAP.
Oversee ancillary and third-party revenue streams, including care levels, ancillary services, and, where applicable, Medicaid, Medicare, VA, or long-term care insurance receipts.
Monitor accounts receivable aging, bad debt reserves, and collections with the business office.
Partner with Operations on the annual operating and capital budget process, including building schedules and stress-testing assumptions.
Own monthly and quarterly reporting packages for capital partners.
Calculate and record management fees, asset management fees, and intercompany allocations.
Serve as a primary contact for external auditors and tax preparers and own PBC schedules, workpapers, and footnote support.
Maintain documentation and internal controls over cash, revenue, and disbursements, including controls appropriate to a distributed, offshore-supported team.
Identify and implement process improvements to shorten the close and improve reporting quality.
Apply full-cycle property accounting and multi-entity general ledger management.
Support budget development and forecasting, fixed assets, capital expenditures, reserve accounting, audit preparation, and workpaper documentation.
Communicate financial information clearly to community leadership, owners, lenders, vendors, and other non-accountants; bring solutions and issues to the Controller.