What are the responsibilities and job description for the AVP, Property Accounting position at LHH?
We are seeking an AVP of Property Accounting to join our client's dynamic team. The ideal candidate should come out of a REIT and have commercial (office or retail) experience. Supervisory experience is also mandatory. Position is 5 days in office with 3 WFH days per month.
General Responsibilities:
- Lead a team of property controllers for accurate and timely financial reporting.
- Coordinate with various departments to ensure timely delivery of property accounting information.
- Provide financial reporting support during due diligence for transactions.
- Oversee implementation of IT and efficiency improvement projects.
Operational Responsibilities:
- Manage the monthly close process and review journal entries.
- Review quarterly work papers and annual financial statements.
- Coordinate with external and internal auditors for annual audits and internal controls testing.
- Facilitate preparation of annual operating budgets and long-term planning.
- Oversee lender compliance and joint venture partner reporting.
- Provide information for tax filing compliance.
- Create accounting memos for complex issues.
- Assist in learning and implementing new accounting processes.
- Identify and implement process improvements.
- Support technology implementations impacting property accounting.
- Perform financial analyses for special projects.
Talent Responsibilities:
- Oversee and review subordinates’ activities.
- Provide regular feedback and help develop key skills.
- Coach subordinates through challenging situations.
- Provide input for annual performance appraisals.
Education & Experience:
- Bachelor’s degree in Accounting or related field.
- CPA designation preferred.
- Minimum 8 years of accounting experience, preferably in real estate.
- Experience leading a property accounting team.
- Proven success in managing and developing staff.
Essential Skills & Qualifications:
- Advanced understanding of accounting principles and real estate accounting requirements.
- Strong knowledge of US GAAP and SEC financial reporting.
- Excellent organizational, coordination, and problem-solving skills.
- Ability to meet strict deadlines and manage others to do so.
- Strong communication and interpersonal skills.
- Proficient in financial systems and MS Excel; commercial real estate software preferred.
Internal & External Contacts:
- Regularly interface with Finance and Accounting team, Asset Management, Property Management, Leasing, Tax, Internal Audit, HR, and external auditors.
Salary : $155,000 - $185,000