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The Property Accounting Manager is responsible for the supervision, monitoring and evaluation of the day-to-day accounting activities including the ongoing development of team. The role will consist of collecting, analyzing, verifying and reporting financial information as well as other various accounting tasks. The role will report to the Director of REIT Accounting.
Monitor and assist in the daily operations of accounting team which includes but not limited to the accuracy of balance sheets, income statements, general ledgers, accounts receivable, accounts payable, property utilities, expense accruals, budgeting, forecasting, revenue and expense variance analysis, fixed assets, depreciation and amortization.
Review and analyze GAAP financial data and JV financial reporting to ensure accuracy and timeliness including the preparation and review of NOI variance explanations.
Participate in various tasks of month-end and year-end close process which include but not limited to depreciation posting, fixed assets reconciliation, prepaid rent, AR reserves.
Ensure timely review and payment of Wholly-owned & JV debt.
Prepare and review monthly JV cash flow reports for distributions.
Ensure proper accounting procedures, policies and principles are maintained and followed by team.
Review and monitor property bank reconciliations ensuring accuracy and timeliness.
Prepare monthly master bank reconciliation.
Communicate with Community and Regional Managers regarding financial statement corrections and variance explanations.
Coach and mentor property accountants.
Maintain full understanding of accounts payable process and procedures in order to assist the team.
Participate and assist in audits.
Participate in ad hoc requests or tasks as needed by management.
Four year accounting degree or related degree required.
Position requires the ability to proficiently and fluently read and write English.
A minimum of 4 years experience as a manager or supervisor in the accounting field with a sound understanding of GAAP is required.
Accounting experience in multi-family (apartments) or commercial real estate is strongly desired.
Retail real estate accounting experience is desired.
Audit experience is desired.
Computer and application skills:
Proficient in MS Outlook, Excel, Word, Internet Explorer, web-based applications.
Proven ability to work proficiently in other accounting applications such as Yardi, MRI, JDE etc.
Strong written and verbal communications.
Excellent organizational and time management skills.
Willingness to be flexible in responsibilities and work schedule.
Willingness to work in a team based environment.
Ability and desire to learn new system applications.
Effective customer service skills.
Desire to coach team in ongoing development and growth.
The position requires the ability to work five days of the week, 52 weeks a year, in the office. Must be flexible to work beyond 40 hours per week to meet deadlines required by management. Minimal travel is required.
Learning & Development:
Maintain a commitment to ongoing professional development and career growth.
To perform this job successfully an individual must be able to perform each duty well. The requirements are representative of the knowledge, skills and abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Position requires the ability to use general office equipment including computer, printers, fax machines, postage machine, etc.
An Equal Opportunity Employer - M/F/D/V.
If you're passionate about exceeding goals and providing exceptional customer service experiences, come join Gables in our mission of Taking Care!
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Internal Number: 2021-9011-1
About Gables Residential
Gables Residential is an award winning, vertically integrated real estate company specializing in the development, construction, ownership, acquisition, financing and management of multifamily and mixed-use communities.
Gables manages approximately 38,000 apartment homes and 400,000 square feet of retail space and has received national recognition for excellence in development, management, sales, marketing, training, benefits and corporate accommodations. These achievements reflect the impact of our experienced and dedicated team members, our superior knowledge of the markets served, and expertise in development and management.