Accounting Manager - Commercial Real Estate
Austin, TX US
Job Description
Accounting Manager – Commercial Real Estate
The Accounting Manager is responsible for managing all aspects of accounting, financial reporting, and compliance for the company’s commercial real estate portfolio.
Responsibilities:
- Utilize Yardi to oversee property accounting functions, ensuring the accuracy and integrity of financial data.
- Oversee rent collections, accounts payable, and general ledger accounting using Yardi.
- Review financial statements, budgets, and cash flow reports within Yardi.
- Ensure timely and accurate financial reporting to management.
- Oversee property-level accounting processes, including rent collections, expense reconciliations, and CAM in Yardi.
- Review CAM budgeting and CAM reconciliations as performed by the team.
- Manage lease data within the Yardi system, tracking lease terms, rent escalations, and tenant obligations.
- Work closely with property managers to ensure lease compliance and accuracy.
- Review all month-end, quarter-end, and year-end closes of the general ledger.
- Conduct financial analysis using Yardi data to support investment decisions, budgeting, and performance assessments.
- Identify trends, variances, and opportunities for portfolio optimization.
- Coordinate tax reporting and compliance for commercial properties.
- Ensure adherence to local, state, and federal tax regulations.
- Lead and mentor the accounting team.
- Evaluate and enhance accounting processes, systems, and controls, with a focus on Yardi.
- Identify opportunities for automation and process improvement
Qualifications:
- Bachelor's Degree in Accounting, Finance, or related field; CPA a plus.
- 10+ years of real estate accounting experience
- Commercial real estate experience is required
- Proficiency in Yardi is required
- Strong knowledge of real estate financial reporting and lease accounting
- Proficiency in Excel
- Strong communication and leadership skills
- Strong financial analysis and problem-solving skils
- Strong attention to detail.
- Ability to work in a fast-paced environment, both in a team and individually