Hightop Real Estate & Development ("Hightop") is a full-service, vertically integrated investment real estate company focused on the acquisition, development and management of commercial and residential real estate in the Greater Philadelphia region. Hightop and its partners have a combined 50 years of commercial real estate acquisition, construction, leasing and development experience. Because of our full-service product suite and wide breadth of expertise, we are able to be nimble and effective in the market and acquire/develop a wide variety of asset classes.

Job Overview:

The Accounting Manager for Hightop is responsible for overseeing all financial aspects of property management and development operations. This includes maintaining accurate financial records, ensuring compliance with industry-specific regulations, and providing financial insights to support property management and development decisions.

Key Responsibilities:

1. Property Financial Management:

- Manage the financial operations of all properties, including residential, commercial, and mixed-use.

- Oversee rent collection, lease administration, and tenant financial interactions.

- Ensure accurate and timely recording of property income and expenses.

2. Financial Reporting:

- Prepare and review financial statements for each property, including income statements, balance sheets, and cash flow statements.

- Ensure that financial reports adhere to industry-specific standards and regulations.

- Present property-specific financial reports to property owners and stakeholders.

3. Budgeting and Forecasting:

- Collaborate with property managers to develop annual property budgets.

- Monitor property budget performance and provide variance analysis.

- Assist in long-term financial forecasting for property portfolios.

4. CAM (Common Area Maintenance) Reconciliation:

- Calculate, review, and reconcile CAM charges with tenants as per lease agreements.

- Ensure accurate billing and collection of CAM charges.

5. Financial Compliance:

- Stay informed about real estate industry regulations and compliance requirements.

- Ensure adherence to local, state, and federal real estate and tax laws.

- Assist in property audits and coordinate with auditors as needed.

6. Vendor and Supplier Management:

- Manage financial relationships with vendors and contractors.

- Oversee accounts payable processes related to property maintenance and repairs.

7. Property Acquisition and Disposition:

- Provide financial analysis and due diligence support for property acquisitions and dispositions.

- Assist in evaluating the financial viability of potential real estate investments.

8.Technology and Software Utilization:

- Evaluate and recommend property management software and systems to streamline financial operations.

- Stay updated on industry-specific financial technology solutions.

Qualifications:

- Bachelor's degree in Accounting, Finance, or a related field (CPA designation preferred).

- Significant experience in property management accounting or related roles, with at least 5-7 years of experience

- Thorough knowledge of real estate accounting principles and industry regulations.

- Proficiency in Appfolio and Quickbooks

- Strong analytical and problem-solving skills, especially in the context of real estate financial analysis.

- Excellent communication and interpersonal skills.

- Attention to detail and ability to manage multiple property financial portfolios simultaneously.

- Leadership abilities and the capacity to work effectively with property managers, owners, and tenants.