Senior Accounting Manager

Confidential · New york city metropolitan area, United States

The ideal candidate is a detail-oriented individual who will oversee all accounting operations, financial reporting, and internal controls for the company. This role ensures the integrity of financial information, compliance with lender and investor requirements, and effective cash management to support the company’s strategic objectives. The Controller will play a critical role in strengthening financial infrastructure, enhancing reporting capabilities, and providing leadership with actionable financial insights.

Key Responsibilities:

• Oversee and maintain the company’s financial records in compliance with loan agreements, investor requirements, fund accounting standards, and tax reporting obligations, ensuring accuracy and timelines.
• Lead the monthly close process, including preparation and issuance of accurate and timely financial statements.
• Prepare and deliver investor reporting packages, including financial statements, capital account reporting, supporting schedules, and fund reporting in accordance with partnership agreements.
• Prepare and manage all lender reporting requirements, including compliance certificates and covenant calculations, ensuring timely and accurate submission.
• Manage company cash flow, including forecasting, liquidity planning, and ensuring sufficient capital for operations and obligations.
• Work directly with property-level teams to develop and finalize annual operating budgets and prepare monthly variance reports for each asset
• Coordinate and manage fund accounting processes and collaborate with fund administrators and fund accountants to ensure accurate reporting and compliance with investor agreements.
• Develop, implement, and enforce accounting policies, procedures, and internal controls to safeguard company assets and ensure compliance.
• Ensure compliance with GAAP and all contractual financial reporting requirements
• Coordinate and manage the annual audit process and serve as the primary liaison with external auditors.
• Monitor and ensure compliance with all federal, state, and local regulatory requirement.
• Calculate investment performance metrics, including IRR and equity multiples, and administer complex waterfall distributions in accordance with governing agreements.
• Continuously evaluate and improve financial reporting systems and property management platforms to enhance efficiency, accuracy, and scalability
• Leverage emerging AI and automation technologies to enhance financial reporting, streamline accounting processes, and improve data-driven decision-making.
• Oversee payroll processing and administration of employee benefit-related financial functions.
• Provide leadership, training, and oversight to accounting staff, including participation in hiring, onboarding, and performance management.
• Collaborate with IT resources to ensure the integrity, security, and effectiveness of financial systems.
• Maintain strict confidentiality of financial and sensitive company information.

Qualifications:

• Bachelor’s degree in accounting, finance, or related field (CPA preferred)
• Minimum of 10+ years of progressive accounting experience with leadership responsibility
• Required experience in multifamily real estate or property management
• Experience with fund accounting, fund administrators, and fund accountants
• Strong knowledge of GAAP, partnership accounting, and real estate investment structures
• Experience with investor reporting, capital structures, and waterfall calculations
• Demonstrated experience managing audits and working with external auditors
• Proficiency in accounting and property management systems (e.g., Yardi, AppFolio, or similar
• Advanced Excel skills and familiarity with financial reporting technologies, including AI-enabled tools
• Strong analytical, organizational, and communication skills

Benefits:

• Medical, Dental, and Vision benefits available to you and your family
• Employee Assistance Program (EAP) available upon hire date
• Generous paid time off policy and paid holidays
• 401(k) plan with employer match after completing your first year of employment