Manager, Property Accounting

Overview

Manage a regional group of Staff and Senior Property Accountants responsible for the Accounting function of multiple commercial real estate properties consisting of office, retail, industrial, and ground leases. This position requires close coordination with Corporate Accounting, Lease Administration, and Systems Management, as well as Property Management personnel. The Property Accounting Manager is responsible for oversight of all general ledger activity within their assigned region.

Responsibilities

• Review GAAP financial statements, escalation billings, budgets, analysis, and supporting work papers prepared by Property Accountants.  Develop and maintain high quality standards for the team.
• Ensure that monthly, quarterly, and annual accounting closes and reporting are accurate and completed within scheduled dates.
• Ensure that all debt compliance deadlines are met, including bank reporting requirements as well as payment requirements. 
• Ensure that accounting practices are in accordance with GAAP.
• Support annual SOX process walkthroughs and testing.
• Assist with operational Regional Field Audits.
• Lead presentations to Senior Management on operating results.
• Provide backup support for Property Accountants as needed. Fulfill primary accounting responsibilities as required due to leaves of absence, vacations, heavy workloads and deadlines, other transition times, etc.
• Support the department on special projects and Senior Management requests.
• Manage Property Accountants and Senior Property Accountants including, but not limited to, performance reviews, workload distributions, hiring, training, and cross training of staff.
• Participate in training programs, including leading select events.
• Assist in review of new leases to determine appropriate accounting treatment.
• Strive to improve procedures within the department, and in the Accounting Department’s interaction with other departments.
• Provide support to the Corporate Accounting and Property Management teams.

Qualifications

• Bachelor’s Degree in Accounting.  CPA preferred.
• Proficiency with Property Management/Accounting software (Yardi), preferred.
• Strong proficiency with Excel and other Windows applications.
• 4 years of combined (public or private) accounting experience, preferably within the Commercial Real Estate Industry.
• Ability to manage and develop team members.
• Ability to work in a fast-paced environment, with the ability to multitask and meet deadlines.
• Must be a team oriented, problem solver.
• Strong communication skills, both verbal and written, are essential.
• Proven technical accounting aptitude and skills are required.
• Strong attention to detail and solid analytical skills are a must.
• Ability to collaborate with internal and external teams.

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Company Overview

The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is strengthened by over 1,100 real estate professionals in more than 30 offices nationwide who manage over $41 billion in assets under management and leverage more than 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of real estate strategies across its clients. RMR has been recognized by The Boston Globe as a “Top Place to Work”, by the Environmental Protection Agency (EPA) as an “ENERGY STAR Partner of the Year” and ranked by the Building Owners and Managers Association (BOMA) as having one of the highest number of BOMA 360 designated properties in its portfolio. RMR is headquartered in Newton, MA and was founded in 1986.

RMR’s mission is to create long term value for our clients by managing their investments and assets “like we own it” – an approach that consistently and repeatedly generates opportunities for all our employees, investors and stakeholders. We are guided by six core values:

• Integrity at Our Core.
• Perform Passionately and Effectively.
• Inspired Thinking.
• Like We Own It.
• Power of We.
• Mutual Respect.

Visit our website to learn more about what makes The RMR Group a rewarding place to build a career.

Follow RMR on LinkedIn, on Instagram @thermrgroup and on Twitter @The_RMR_Group.

The RMR Group is an equal opportunity employer. Qualified applications will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. For our EEO Policy Statement, please click here. If you’d like more information on your EEO rights under the law, please click here.