The Quest Organization
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http://www.questorg.com
http://www.questorg.com
USD
150000
YEAR
true
Director of Property Accounting
The Director of Property Accounting is responsible for the strategy and supervision of all aspects of the Property Accounting Department
Responsibilities:
Qualifications:
Director of Property Accounting
3856 Oakton Street Skokie, IL 60076 US
Posted: 12/09/2022
2022-12-09
2023-04-26
Industry: Controller
Job Number: 4500
Pay Rate: 150,000
Job Description
Director of Property Accounting
The Director of Property Accounting is responsible for the strategy and supervision of all aspects of the Property Accounting Department
Responsibilities:
- Provide a leadership role between the property accounting group and other departments within the organization including operations, construction, finance and corporate
- Oversee and lead accounting team consisting of accounting manager, senior accountants, and accounts payable clerks.
- Oversee month end close and monthly financial reporting
- Review of property level financials / variance reports
- Coordination with on-site staff, operations, and 3rd party managers
- Review monthly partner distributions (and capital calls when necessary)
- Review monthly update of preferred return schedules
- Review and approve debt service payments and intercompany reimbursements
- Coordination and oversight of all external reporting, including timely submittal of:
- Annual tax returns - monitoring the completion of internal work papers, preparation of tax returns by external tax accountants, K-1 distributions
- Lender reporting for operating properties
- JV partner reporting for operating properties
- Personal property tax declarations
- Coordination of annual budget with operations; oversee annual budget import into Yardi
- Assist with dispositions, acquisitions, and any other transactions (e.g., refinancing)
- Manage special projects (e.g., implementations; process improvement; etc.)
Qualifications:
- Bachelor’s Degree in Accounting or a related field
- CPA preferred but not required
- 7+ years of progressive residential property accounting experience, including at least 2-3 years in a leadership role.
- Proficiency in Yardi
- Proficient in MS Office applications including Excel, Word, and Outlook.
- Strong communication skills, both verbal and written
- Strong leadership and supervisory skills
- Organized, detail-oriented, and diligent