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Manager, Multifamily - Bethesda, United States - Elme Communities
Description
Job DetailsDescription
ESSENTIAL DUTIES AND RESPONSIBILITIES
Capital Project Accounting
Manage fixed asset accounting and tax basis modules for recurring and non-recurring capital projects, while maintaining responsibility for documenting and adhering to the fixed asset / capital expenditure control environment and making recommendations to improve controls and processes.
Manage monthly preparation, inquiry and review of the Company's Adjusted Funds from Operations ("AFFO") report and other financial disclosures.
Property Accounting
Responsible for the full close cycle accounting of a portfolio of multifamily communities.
Oversee the timely, complete, and accurate monthly financial reports including calculation and posting of associated accruals, prepaid expenses, reconciliations, and property forecast to actual variance analysis.
Review journal entries for recurring and ad hoc expenses, accruals, and reclasses.Responsible for preparation and review of monthly consolidated roll-forwards, reconciliation of sub ledgers to the general ledger, and actual to budget analysis.
Management of Team Members and Outsourced ProvidersProvide leadership expertise, project management, process design and team coordination for various business initiatives and projects.
Manage 1-2 property accountants.
Provide best practices and training to the overall team where needed.
Manage outsourced accounting provider to ensure quality standards and optimal work execution model are met.
Transactional Accounting & Special Projects
Ensure transactions (asset acquisitions and dispositions) are completely and accurately recorded on the Company's financial statements.
Research and develop new processes for joint venture reporting and accounting as needed.
Perform accounting analysis and research projects as may be assigned.
Supervisory Abilities
This position oversees 1-2 property accountants.
Education And/Or Experience
Minimum 5+ years Accounting experience in Real Estate, Construction or related industry required.
Bachelor's degree in Accounting and CPA designation required.
Progressively more responsible experience performing accounting full cycle accounting functions.
Prior experience supervising, coaching, and developing a team of at least 1-2 team members required.
Demonstrated leadership and organizational management skills, including strong interpersonal skills.
Advanced proficiency with Microsoft Excel, experience with fixed asset accounting systems and/or job cost modules.
Yardi experience a strong plus.
Strong customer service orientation and ability to champion through daily interactions.
HEALTH AND WELLNESS
We are committed to the mental, physical, and financial health and wellness of every Elme team member. Every employee is afforded competitive compensation and benefits with equitable access to growth and development
We respect the importance of healthy work-life integration. Our generous paid time off policy gives you the flexibility to recharge when you need it.
Elme Communities is an Equal Opportunity Employer. We welcome and support an inclusive workplace culture.
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