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The Beach Company · 4 weeks ago

Senior Manager of Development and Property Accounting

Charleston, SC

Contract

Onsite

Senior Level

7+ years exp

The Beach Company is seeking an experienced and dynamic Senior Manager of Development and Property Accounting to lead their accounting team. This role involves overseeing financial operations across various development projects and operating properties, ensuring compliance and driving financial performance.

CommercialProperty DevelopmentProperty ManagementReal Estate

Growth Opportunities

Responsibilities

Supervise and mentor a team of two accounting professionals, providing guidance to foster their professional development, conducting performance evaluations, and setting clear objectives

Direct and oversee accounting functions for a diverse portfolio of multifamily, retail, and commercial properties, including rents, tenant improvements, lease commissions, fixed assets, accounts payable, receivables, and general ledger activities, ensuring compliance with GAAP, internal controls, and company policies, while managing a substantial portfolio size, including oversight of third-party managed properties

Manage accounting for all development projects, ensuring accurate financial tracking and reporting

Oversee the preparation and review of monthly construction draws, pre-draws, financials, and reconciliations

Work closely with development, property management, and asset management teams to support informed financial decision-making

Monitor project development expenditures to ensure alignment with budgets and financial objectives

Publish timely and accurate month-end financial statements, including balance sheets, income statements, and cash flow statements, in alignment with contractual agreements for each operating property

Ensure the precise and timely preparation of monthly financial statements and property performance reports

Conduct regular reconciliations of property accounts to maintain accuracy, collaborating closely with property and asset managers

Provide support for tax return preparation for operating properties, including annual fixed asset and depreciation schedules

Offer accounting support for acquisitions and dispositions of operating properties by reviewing financial information, assisting in closings, and managing the technical accounting aspects

Collaborate with third parties to ensure proper financial reporting for multifamily assets

Conduct financial analyses to support Development Monday Meetings in collaboration with development managers

Undertake ad hoc projects as required

Qualification

Accounting/Finance degreeProperty Management ExperienceManagerial experienceYardiRealPage/OnesiteEntrataMRI ExperienceTeam leadershipCommunication skillsInterpersonal skills