Property Accounting Supervisor
The Property Accounting Supervisor enjoys a defined career path, mentoring, access to established training resources, and a good work/life balance all within a company that values property accounting's contributions to its ongoing success. The role is responsible 1-2 individuals and for preparing and reviewing financial statement packages while ensuring accuracy, consistency, timeliness and adherence to client requirements. This position directly participates in Client relationship management with guidance from the Assistant Controller/Controller. The Supervisor also assists the Assistant Controller/Controller with internal training, special projects, and mentoring team members.
ESSENTIAL FUNCTIONS:
- Provide excellent internal and external customer service.
- Assist Assistant Controller/Controller with special projects and provide team leadership.
- Perform secondary review for new accountants/accounting team members.
- Prepare recurring and ad hoc analysis and reporting with limited direction from the supervisor.
- Provide in-depth review, support, and guidance to multiple property management teams and accounting team members during the property budgeting process and expense reconciliation preparation.
- Suggest new processes and efficiencies for project accounting.
RESPONSIBILITIES:
- Preparation of monthly financial statement packages including creating and posting journal entries recorded to the general ledger, fixed asset depreciation and amortization roll-forward, advanced review of general ledger and the income statement, bank statement reconciliations, in-depth review of property manager variance comments, and balance sheet reconciliations.
- Supervision of assigned 1 - 2 accountants/team members with an evaluation of their work product for accuracy and completeness.
- Preparation and submission of Sales & Use Tax returns as applicable.
- Project cash management; Ensure critical timely payment of utilities, taxes, mortgages, and owner distributions.
- Review and posting of cash receipts along with review and processing payments of vendor invoices.
- Frequent communication and interaction with the property management teams and limited assignment of client relationship contacts.
- Identify training needs and provide technical guidance to accountants/team members.
- Lead and/or assist with property transitions and setup of new project assignments.
- Properly record the closing statement for purchased projects and/or sale of projects.
- Ensure compliance with SOC I requirements for self and property management team.
- Other duties as assigned.
Qualifications
- 5 + years related accounting/reporting experience
- Real Estate experience required
- Intermediate/advanced quantitative analytical and accounting skills, a clear understanding of accounting principles, and ability to solve complex issues
- Intermediate/advanced competence in Microsoft Excel and Outlook
- Various accounting software packages; Yardi and MRI experience is preferred
- Excellent communication skills, both verbal and written, with a passion for customer service
- High level of motivation, ability to multi-task, ability to take initiative while thriving in deadline-oriented environment.
- Initiative to mentor accountants and volunteer for additional responsibilities and special projects
- Prior limited supervision experience a plus, with demonstrated ownership/leadership of assigned projects
- Bachelor's degree w/Accounting classes required
Additional Information
Stream Realty Partners offers rotating work from home schedules, competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan, PTO and holiday pay.
Stream is an equal opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sex, age, national origin, disability, military status, or any other reason prohibited by law. Note: Nothing in this restricts management's right to assign or reassign duties and responsibilities to this job at any time.
To apply for a position, please visit our website at
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