FreshRemote.Work

Property Accounting Manager (Hybrid Remote)

Washington, DC

Salary: $120,000 - 135,000/yearThis position allows for remote work on Thursday and Friday. We are seeking an experienced Accounting Manager to join our growing real estate firm. The ideal candidate will have a strong background in real estate accounting, with hands-on experience using Yardi property management software. In this role, you will oversee all aspects of accounting operations, including financial reporting, budgeting, forecasting, and ensuring compliance with industry standards. The Accounting Manager will work closely with the finance team, property managers, and senior leadership to provide accurate and timely financial data that supports decision-making and business growth.

Responsbilities

  • Oversee the day-to-day accounting operations, ensuring accurate and timely processing of financial transactions related to real estate properties.
  • Manage monthly, quarterly, and annual financial reporting, including preparation of income statements, balance sheets, and cash flow statements.
  • Ensure proper accounting for rental income, property expenses, and other real estate-related transactions using Yardi software.
  • Supervise and mentor a team of accountants, providing guidance on best practices, deadlines, and resolving accounting issues.
  • Coordinate the preparation of annual budgets for the company’s real estate portfolio and work with property managers to track variances.
  • Conduct detailed financial analysis, ensuring accurate reconciliation of accounts, including bank accounts, tenant accounts, and general ledger accounts.
  • Review and approve accounts payable and accounts receivable transactions, ensuring proper documentation and compliance with company policies.
  • Ensure compliance with local, state, and federal regulations and maintain up-to-date knowledge of changes in real estate accounting standards.
  • Work closely with internal auditors and external auditors to ensure proper financial controls and assist with audits.
  • Assist with tax preparation, filing, and reporting, ensuring all real estate transactions are accounted for in accordance with tax laws.
  • Generate financial reports and performance metrics for property owners, management, and investors, providing clear and actionable insights.
  • Collaborate with the asset management team to evaluate property performance and provide financial insights to improve profitability.

Requirements

  • Bachelor’s degree in Accounting, Finance, or a related field (CPA or other professional accounting certifications preferred).
  • Minimum of 5 years of experience in real estate accounting or property management, with at least 2 years in a managerial or supervisory role.
  • Proficiency in Yardi property management software is essential, with experience in Yardi Voyager and Yardi Accounting modules.
  • Strong understanding of real estate accounting principles, including revenue recognition, property valuations, and lease accounting.
  • Experience in preparing and reviewing financial statements, budgets, and forecasts.
  • Familiarity with real estate tax laws, compliance requirements, and industry regulations.
  • Excellent leadership skills with the ability to mentor and develop a team of accounting professionals.
  • Strong analytical and problem-solving skills with a keen eye for detail and accuracy.
  • Proficiency in Microsoft Excel (advanced formulas, pivot tables, VLOOKUP, etc.) and other accounting software tools.
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