Vice President, Property Accounting

Newport Beach, CA 92660

Posted: 05/15/2019 Job Titles: ACCT - Assistant Controller, ACCT - Controller, ACCT - Director of Accounting, ACCT - VP of Accounting Job Number: 2537 Pay Rate: 170,000

Vice President of Property Accounting - Must have Multi-Family Property Management Experience!

We have partnered with a dynamic, fast growing and well capitalized real estate company in their search for a Vice President of Property Accounting.  The company is located in central Orange County, has a great culture and work environment and is led by an amazing group of executives.  The company specializes in multifamily development and property management, 

The company has significant assets under management and plans to continue growing conservatively and opportunistically.

The Vice President, Property Accounting duties will include (but not limited to):
  • Coordination and oversight of all external reporting, including timely submittal of:
    • Annual Tax returns - monitoring the completion of internal workpapers, preparation of tax returns by external tax accountants, K-1 distributions
    • Lender reporting for operating properties
    • JV partner reporting for operating properties
  • Coordination of Annual Budget with Operations
    • Obtain/review/supply all non-controllable budgets
    • Oversee annual budget import into reporting system
  • Responsible for Property Group accounting and budgeting
  • Oversee Month End close process and Monthly Financial Reporting, including:
    • Review of property level financials / final variance reports
    • Timely and accurate monthly reporting
    • Monthly Distributions (and Capital Calls when necessary)
    • Monthly update of preferred return schedules
  • Assist with Dispositions and Acquisitions
  • Manage special projects (e.g.; implementations; process improvement; etc.)
  • Oversee Accounting Manager with 2-3 Sr. Accountants and 1-2 A/P Processors
  • Directly supervise Sr. Accountants on specific projects

 

The right candidate will have the following qualifications:
  • B.S. in Accounting, CPA preferred but not mandatory
  • Ten+ years of progressive accounting experience, with a minimum of five years of management experience
  • Multi-Family Property Management accounting experience is a must
  • Strong understanding of GAAP, real estate reporting requirements, and general knowledge of partnership tax
  • Excellent verbal and written communication skills, executive presence and strong work ethic

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