Real Estate Accounting Manager (Hybrid)
About The Position
The Real Estate Accounting Manager will lead, and develop the Project Accounting team, serving as a partner to the Housing Real Estate Development division. This role requires a dynamic leader that will foster a culture of excellence and innovation within the project accounting team. The ideal candidate will possess strong leadership capabilities, a collaborative mindset, and a proven track record in managing high-performing teams in a fast-paced, mission-driven environment. The Real Estate Accounting Manager will be required to have a deep expertise in affordable housing, multifamily real estate, and construction accounting. The Real Estate Accounting Manager will be responsible for driving collaboration of accounting functions across departments, ensuring seamless integration. This position demands independent, creative thinking and sound judgment to navigate complex, precedent-setting projects. The Real Estate Accounting Manager will act as a key voice and advocate for project accounting within the organization, providing leadership, insight, and direction on financial matters related to development.
Requirements
- Requires Bachelor’s degree in Accounting from an accredited college or related field of study with a minimum of eight years accounting experience or equivalent.
- Requires being in a leadership role for a minimum of two years or more.
- Construction accounting experience is required.
Nice To Haves
- Experience in Affordable Housing industry and/or Real Estate industry a plus.
Responsibilities
- Lead, mentor, and develop the Project Accounting team to support organizational growth and excellence
- Provide leadership and oversight for accounting related to development projects and stabilized assets.
- Reconciles intercompany accounts as it relates to enterprise and development projects
- Manage and coordinate development project monthly/quarterly close with Corporate Accounting team.
- Manage job cost for development projects within ERP system.
- Review and understand cash account balances for development projects
- Prepares fiscal year end closing for development project annual audit review and collaboration with external auditors.
- Assist with final cost certifications, eliminating entries, and 8609’s with Housing Real Estate Development team and external auditors.
- Lead and manage audit process as it relates to development project conversion to stabilization.
- Coordinate and collaborate with property management company’s accounting team to prepare consolidated financial statements and adjusting journal entries for development projects transition to operations.
- Coordinate with Housing Real Estate Development on project closings and financial needs.
- Understand and interpret financial impact in Development Agreements, Pipeline Summary and project milestones.
- Work closely with CFO and VP, Finance & Accounting on managing Housing Future Funds.
Benefits
- Medical, Dental and Vision Plan
- 401(K) with company matching contributions
- Life Insurance, Short- and Long-Term Disability
- FSA (Flexible Spending Account)
- Responsible Time Off (RTO)
- 12 Paid holidays
- Hybrid Workplace
- Wellness and Work Life Balance
- Opportunities for Professional Development
- EAP (Employee Assistance Program)
- Free Gym Access
- Paid Time Volunteer Opportunity
- Company-Wide Events
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What This Job Offers
Job Type
Full-time
Career Level
Manager
