Senior Manager, Accounting

Our client in the commercial real estate space is looking to hire a Senior Manager of Accounting to join their team!

REQUIRED: CPA Public Accounting experienceExperience managing a large team

What to expectOversee a portfolio of properties, directly supervising Managers, Senior Property Accountants and Property Accountants. Ability to manage a team. Supervision of staff and mentoring are key to this role. It is critical to retain highly performing staff to ensure that the department functions at its highest level.Work directly with Investment Managers, who oversee all aspects of properties, on asset health, investor and lender reporting and analysis, and providing data and insight over day-to-day operating decisions.Oversee, monthly, quarterly and year end closings for properties in accordance with GAAP, tax basis and cash basis accounting procedures.Ensures accounting systems and process controls are following company standards and best practices. Propose enhancements to controls where needed.Review and analysis of annual operating expenses.Responsible for managing and ensuring that all tenant billings including CAM, RET, and general billback are performed accurately and timely.Review and analysis of budgets prepared by accounting and cross functional team members.Work with the independent CPA firm to produce Audited Financials for entities as required. Provide required support for year-end audit or other financial inquiries.Review compliance with loan agreements that include debt covenant compliance, debt yield and debt service coverage tests and all other ongoing monitoring of the loans. Review all loan draws provided to the lenders.Oversee the cash management for each property that will include distributions, capital calls and investment of excess cash in certain investments (sweeps, money markets, etc.).Be an integral member of efficiency and other projects that the company/department will undertake. Lead certain initiatives where you can lend your expertise to effect change.Review REIT compliance and planning related to this.

Requirements8+ years of accounting experience, preferably in commercial real estate.Prior experience in public accounting preferred with CPA designation.Bachelor’s degree in accounting. Prior management experience, specifically overseeing and reviewing work of accountants.Advanced analytical and quantitative skills.Superior communication and relationship management and presentation skills.Proficiency in GAAP.Advanced Excel skills and accounting software knowledge.Recommend program knowledge includes:AnaplanMRIAvidXchangeAdvanced Excel Skills including the knowledge of Spreadsheet Server preferable