Job Description
Job Description
Job Description
Benefits:
- 401(k) matching
- Bonus based on performance
- Dental insurance
- Health insurance
- Opportunity for advancement
- Paid time off
- Training & development
- 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 Masters 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.
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