Senior Real Estate Property Management Accountant

Axia Residential

Senior Real Estate Property Management Accountant

Irvine, CA
Full Time
Paid
  • Responsibilities

    Benefits:

    401(k) matching

    Bonus based on performance

    Dental insurance

    Health insurance

    Opportunity for advancement

    Paid time off

    Vision insurance

    About Us:

    ARC Multifamily Group is a growing multifamily real estate investment and property management company committed to operational excellence and community enrichment. We manage a diverse portfolio of apartment communities across the Southeast and are looking for talented professionals to join our dynamic team.

    Position Summary:

    We are seeking an experienced and detail-oriented Senior Real Estate Property Management Accountant to join our growing team. This position will play a critical role in overseeing the accounting functions related to our real estate portfolio, ensuring accurate financial reporting, budgeting, and compliance. The ideal candidate will have a strong background in real estate accounting, property management, and financial analysis.

    Qualifications:

    Bachelor's degree in Accounting, Finance, Real Estate, or a related field. A Master’s degree or CPA designation is a plus.

    Minimum of 5-7 years of real estate property management accounting experience, including at least 3 years in a senior or supervisory role.

    Strong knowledge of real estate accounting principles, including GAAP (Generally Accepted Accounting Principles) and industry-specific regulations.

    Experience with property management software (e.g., Real Page, AppFolio, or similar) and advanced proficiency in Microsoft Excel.

    Excellent analytical skills with the ability to interpret financial data and provide actionable insights.

    Strong communication skills with the ability to interact with internal teams, external stakeholders, and clients.

    Detail-oriented with exceptional organizational skills and the ability to prioritize tasks and meet deadlines.

    Knowledge of tax laws related to real estate and property management is highly desirable.

    Strong leadership skills with the ability to manage and develop a team of accounting professionals.

    Key Responsibilities:

    Financial Reporting: Prepare and review monthly, quarterly, and annual financial statements for real estate properties, including balance sheets, income statements, and cash flow statements.

    Budgeting & Forecasting: Develop and manage property-level budgets, including income, expenses, and capital expenditures. Provide variance analysis and financial forecasting.

    Property Management Accounting: Oversee property management accounting functions, including rent collections, accounts payable/receivable, lease administration, and tenant billing. Ensure timely and accurate financial transactions for each property.

    Tax Compliance: Coordinate with external tax advisors to prepare tax returns, including property taxes, sales tax, and other relevant filings. Ensure compliance with local, state, and federal regulations.

    Financial Analysis: Conduct in-depth financial analysis and reporting for property performance, identifying trends and recommending improvements. Prepare performance metrics and key performance indicators (KPIs) to guide decision-making.

    Internal Controls: Maintain strong internal controls and procedures to safeguard company assets and ensure compliance with financial policies and standards.

    System & Process Improvements: Recommend and implement process improvements to enhance efficiency, reduce costs, and streamline financial reporting and accounting processes.

    Property Acquisition & Disposition Support: Assist in the financial analysis and due diligence process for property acquisitions and dispositions, including preparing financial models, proformas, and ensuring smooth integration into accounting systems.

    Liaison: Serve as a key liaison between property managers, asset managers, and senior leadership, providing financial insights to support operational and strategic decisions.