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Property Accounting Manager

Roles & Responsibilities

  • Experience leading an accounting team and supervising accountants, including hiring, onboarding, training, and performance management
  • Strong GAAP knowledge with ability to analyze financial information, reconcile statements, prepare journal entries, and support budget development and financial reporting
  • Proven ability to establish workflows, assign portfolios, and implement process improvements to increase productivity and maintain quality service
  • Experience liaising with internal and external auditors and ensuring compliance with accounting controls and reporting requirements

Requirements:

  • Lead the accounting group, applying GAAP to analyze financial information, reconcile statements, prepare general and standard journal entries, assist in budget development, and prepare standard accounting and financial reports for management
  • Supervise accountants by interviewing, hiring, orienting, training, and managing performance; establish annual goals, workflows, assign properties and portfolios, and implement process improvements to streamline work and maintain quality
  • Oversee and approve financial transactions and information in preparation for entry into financial statements and reports by checking calculations, balancing and reconciling figures, and making necessary exceptions; approve budgets, revenue, expenses, payroll entries, invoices, mortgage payments and distributions; approve bank reconciliations and wire transfers
  • Develop and implement accounting control procedures, act as liaison to internal and external auditors, respond to requests from owners and managers related to financial reports and budgets, and complete various financial and administrative reports

Job description

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in more than 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over 1,000,000 units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $35 billion of development assets and over $30 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.

JOB DESCRIPTION SUMMARY

Leads the accounting group in applying generally accepted accounting principles (GAAP) to analyze financial information, reconcile financial statements, prepare general and standard journal entries, assist in budget development, and prepare standard accounting and financial reports for management.

JOB DESCRIPTION

  • Supervises the team of accountants by interviewing, hiring, orienting, and training team members, and manages their performance in accordance with Company policies, values, and business practices. 
  • Establishes annual goals and objectives for the accounting team, establishes workflows and assigns properties and portfolios for effective and efficient completion of tasks, and implements process and procedural improvements to streamline work, increase productivity, and maintain service and quality excellence. 
  • Oversees and approves financial transactions and information in preparation for entry into various financial statements and accounting reports by checking calculations, reviewing basis for figures, balancing and reconciling figures, and making exceptions as necessary. 
  • Approves budget, revenue, expense, payroll entries, invoices, mortgage payments and distributions, and other accounting documents and researches and resolves discrepancies as necessary. 
  • Approves and authorizes exceptions to bank reconciliations and wire transfers for deposit and ensures accuracy. 
  • Develops and implements accounting control procedures by analyzing revenue and expenditure trends and recommending appropriate budget levels to ensure expenditure control. 
  • Acts as liaison to internal and external auditors by explaining journal entries and financial transactions, providing research data and information as requested, and answering questions necessary to complete the audit in a timely manner. 
  • Ensures customer satisfaction by responding to requests from owners, business leaders, property managers, and others related to financial reports, statements, and established budgets. 
  • Completes various financial, accounting, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.  

Additional Compensation:

Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location.

  • Corporate Positions: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance.

  • Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.

Robust Benefits Offered*:

  • Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.

  • Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.

  • For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.

  • 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).

  • 401(k) with Company Match up to 6% of pay after 6 months of service.

  • Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).

  • Employee Assistance Program.

  • Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.

  • Charitable giving program and benefits.

*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.

Important Notice: Greystar will never request your banking details or other sensitive personal information during the interview process. Greystar does not conduct any interviews via text or messaging, and all communication will come from official Greystar email addresses (@greystar.com). If you receive suspicious requests, please report them immediately to AskHR@greystar.com.

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