Real Estate Accounting Manager (Hybrid) The Real Estate Accounting Manager will lead, and develop the Project Accounting team, serving as a partner to the Housing Real Estate Development division. This role requires a dynamic leader that will foster a culture of excellence and innovation within the project accounting team. The ideal candidate will possess strong leadership capabilities, a collaborative mindset, and a proven track record in managing high-performing teams in a fast-paced, mission-driven environment.
The Real Estate Accounting Manager will be required to have a deep expertise in affordable housing, multifamily real estate, and construction accounting. The Real Estate Accounting Manager will be responsible for driving collaboration of accounting functions across departments, ensuring seamless integration.
This position demands independent, creative thinking and sound judgment to navigate complex, precedent-setting projects. The Real Estate Accounting Manager will act as a key voice and advocate for project accounting within the organization, providing leadership, insight, and direction on financial matters related to development.
Role & Responsibilities:
- Lead, mentor, and develop the Project Accounting team to support organizational growth and excellence
- Provide leadership and oversight for accounting related to development projects and stabilized assets.
- Reconciles intercompany accounts as it relates to enterprise and development projects
- Manage and coordinate development project monthly/quarterly close with Corporate Accounting team.
- Manage job cost for development projects within ERP system.
- Review and understand cash account balances for development projects
- Prepares fiscal year end closing for development project annual audit review and collaboration with external auditors.
- Assist with final cost certifications, eliminating entries, and 8609's with Housing Real Estate Development team and external auditors.
- Lead and manage audit process as it relates to development project conversion to stabilization.
- Coordinate and collaborate with property management company's accounting team to prepare consolidated financial statements and adjusting journal entries for development projects transition to operations.
- Coordinate with Housing Real Estate Development on project closings and financial needs.
- Understand and interpret financial impact in Development Agreements, Pipeline Summary and project milestones.
- Work closely with CFO and VP, Finance & Accounting on managing Housing Future Funds.
Education and Experience:
- Requires Bachelor's degree in Accounting from an accredited college or related field of study with a minimum of eight years accounting experience or equivalent.
- Requires being in a leadership role for a minimum of two years or more.
- Construction accounting experience is required.
- Experience in Affordable Housing industry and/or Real Estate industry a plus.
Physical Abilities:
The physical abilities to perform tasks may require prolonged sitting, standing and/or moving.
Moves throughout the office spaces, outdoor spaces and building to access areas of resident services.
Moves equipment weighing between 20-35 pounds without assistance. Moves more than 35 pounds with assistance.
Moves through outdoor spaces of varying levels and textures including uneven ground. May have to move around active construction sites and follow the site-specific safety protocol.
Work Environment:
The noise and climate level in the work environment varies depending on the work site, including outdoor work environments. Reasonable accommodations may be made to enable individuals with different abilities to perform the roles and responsibilities of this position.
This role requires working at different sites and in areas at varying degrees of distance.
Compensation:
It may vary based on skills, experience and qualifications:
Annual Salary: $120,000 - $130,000
Benefits:
CHW offers employees generous benefits, including:
- Medical, Dental and Vision Plan
- 401(K) with company matching contributions
- Life Insurance, Short- and Long-Term Disability
- FSA (Flexible Spending Account)
- Responsible Time Off (RTO)
- 12 Paid holidays
- Hybrid Workplace
- Wellness and Work Life Balance
- Opportunities for Professional Development
- EAP (Employee Assistance Program)
- Free Gym Access
- Paid Time Volunteer Opportunity
- Company-Wide Events
Community HousingWorks is an equal opportunity employer and is committed to creating a diverse and inclusive company culture, CHW does not discriminate against candidate and employees because of their disability, sex, race, gender identity, sexual orientation, religion, national origin, age, veteran status, or any other protected status under the law.
Compensation details: 120000-130000
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