Accounting Manager, Multifamily Operations

Job Details

Northeast Regional - New York, NY Full Time 4 Year Degree $150,000.00 - $170,000.00 Salary None Accounting

Description

Why Southern Land?

Our full-service company is comprised of planning, architecture, design, construction, and resident experience professionals—all in-house and working together every day to envision and create uniquely beautiful places.

Position Summary

Southern Land Company, a national real estate development and construction firm is seeking a full-time Accounting Manager, Multifamily Operations to join our dynamic team in New York. The successful candidate will be able to work independently, in a fast-paced work environment.

The Accounting Manager, Multifamily Operations is responsible for the timely and accurate financial reporting of the properties in SLC’s multifamily operating portfolio. Responsibilities include managing month-end close process, review of monthly account reconciliations, posting journal entries as necessary, reviewing final financial packet and MD&A product, and other duties as assigned.

Essential Functions & Responsibilities

• Supervise accounting staff and manage monthly full-cycle accounting functions for multiple multifamily/commercial operating properties including preparation/review of journal entries, account reconciliations and monitoring/reviewing receivables and payables.
• Act as a liaison and relationship manager to initiate and manage coordinating accounting duties with operational personnel (i.e. portfolio management, asset management, community and property/general managers) and third parties (i.e. partners, vendors, banking institutions, etc.).
• Monitor accounting policies and procedures to ensure internal controls are maintained, accounting principles are followed, and financial data is valid and reliable. Provide guidance on the application of GAAP principles and other applicable regulations.
• Provide detailed accounting review of all operating property financial statements, and work with Asset Management to provide quality financial packets for CFO and Executive Management review, including monthly MD&A and variance analysis explanations.
• Review monthly management fee billings.
• Work with accounting staff, operations and Asset Management to ensure timely payment of invoices.
• Assist Asset Management with reforecasts and annual budget preparation.
• Assist Property Management and Asset Management with CAM reconciliations and pass throughs.
• Provide assistance to Property Management on coding invoices and reconciling tenant ledgers, when necessary.
• Review fixed asset accounting functions and manage depreciation schedules, as necessary.
• Review bank reconciliations.
• Review accounting entries for new properties/assets commencing operations.
• Accurately perform/review standard recurring and ad hoc investment level accounting transactions with limited oversight, working with supervisor and operational personnel to resolve complex transactions.
• Support the CFO, Multifamily by serving as the detail reviewer and manager of all monthly financial packets, and other reports as requested.
• Assist with and interact with outside accounting firms for year-end audits, tax returns and cost segregation studies.
• Work closely with Asset Management and Multifamily Accounting team to ensure Yardi property setup is complete and ready for operations in timely manner in accordance with development’s unit delivery plan.
• Participate in special projects and prepare ad-hoc reports as required.
  
  

Knowledge, Skills, And Abilities

• Strong analytical and organizational skills required, including the ability to prioritize and meet deadlines
• Excellent time management skills, drive to take initiative, use of good judgment, strong sense of urgency and attention to detail in order to carry multiple projects through to completion
• Ability to work under pressure with tight time constraints, as well as the ability to deal with frequent interruptions, unresolved situations, frequent change, delays, or unexpected events
• Strong interpersonal skills, and the ability to deal professionally with clients, vendors, and co-workers through email, on the phone and in person
• Strong working knowledge of Microsoft Office and Excel
• Strong knowledge and experience with Yardi
• Ability to keep sensitive information highly confidential
• Ability to work independently, prioritize work and ask for further clarification when necessary
  
  

Supervisory Responsibilities

• Staff/Senior accountants
  
  

Required Education And Experience

• Bachelor’s Degree in Accounting, with strong knowledge of GAAP, accrual basis accounting and financial reporting
• 4-6 years of real estate experience strongly preferred
• Yardi experience
  
  

Preferred Education And Experience

• CPA license preferred
• Public accounting experience a plus
  
  

Company Overview

Southern Land Company believes that community is the heart of every successful development project. With that as our starting point, we create residential developments around the country that provide a generous, comfortable lifestyle to those that call them home. In support of our single family and multifamily projects, we also undertake key retail, office, and recreation developments to craft convenient, complete communities. We believe in big ideas and paying attention to every detail required to realize them.

We Have…

• A strong brand recognized for quality, performance, and artistry
• Guiding principles of creativity and innovation
• An open mind for new ideas and creative methods
• A strong compensation and benefits package, including health, vision, dental, 401k with a strong match and more!
  
  

Southern Land Company is an Equal Opportunity Employer (EOE) and we seek to create an inclusive workplace that embraces diverse backgrounds, life experiences and perspectives. Southern Land Company offers a competitive benefits package, including 401k and paid time off. For more information, please visit our website at www.southernland.com.

The above information is only an illustration of the general nature and level of work performed by the employee within this classification. The omission of specific statements of duties does not exclude them from the position if the work is similar, related or a logical assignment to the position.

The job description does not constitute an employment agreement between the Company and employee and is subject to change by the Company as the needs of the Company and requirements of the job change.

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