Property Accounting Manager / AD of Accounting

Los Angeles, CA, United States

Our client is a middle market real estate property management firm that is located on the west side of LA. They are growing rapidly and seeking an associate director of accounting to join their team. The firm offers incredible work life balance, and an opportunity to be put on a fast track to controller of the overall property portfolio.

Responsibilities:

1. Financial Management:

- Oversee the financial operations of the property management portfolio, including budgeting, forecasting, and financial analysis.

- Ensure accurate and timely preparation of financial statements, reports, and analyses in accordance with GAAP standards.

- Monitor cash flow, budget variances, and financial performance metrics to identify areas for improvement and implement corrective actions as needed.

2. Team Leadership:

- Lead and mentor a team of property accountants, providing guidance, support, and training as necessary.

- Delegate tasks and assignments effectively to ensure timely completion of accounting processes and deliverables.

- Foster a collaborative and positive work environment that promotes teamwork, accountability, and professional development.

3. Property Performance Analysis:

- Analyze property performance metrics, including occupancy rates, rental income, and expenses, to evaluate investment returns and profitability.

- Prepare comprehensive financial reports and presentations for senior management, highlighting key findings and recommendations for strategic decision-making.

- Collaborate with other departments, such as operations and asset management, to optimize property performance and maximize ROI.

Qualifications:

- Bachelor's degree in Accounting, Finance, or related field; CPA designation preferred.

- Minimum of 5 years of experience in property accounting or real estate finance, with at least 2 years in a supervisory or managerial role. Big 4 background preferred, but not required.

- Strong knowledge of GAAP and accounting principles specific to property management.

- Proficiency in financial software and ERP systems, such as Yardi, MRI, or similar platforms.

- Excellent analytical, problem-solving, and decision-making skills.

What's in it for you: Incredible benefits, including 100% paid medical

Competitive compensation and bonus

Fast track to controller

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Pay Transparency Notice Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

the individual's skill sets, experience and training;

licensure and certification requirements;

office location and other geographic considerations;

other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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