Lotus Company · 1 day ago
Accounting Manager - Asset Management
Lotus Company is a full-service builder and developer dedicated to creating communities that restore dignity and hope. The Accounting Manager – Asset Management oversees the accounting operations for asset management, ensuring accurate financial reporting and compliance while managing staff and workflows.
HospitalityProperty DevelopmentReal Estate
Responsibilities
Manage the preparation and review of monthly, quarterly, and annual close deliverables; ensure accuracy, completeness, and adherence to deadlines
Supervise internal and external financial reporting, including management packages and audit-ready statements
Ensure compliance with GAAP and internal accounting policies across all accounting processes
Support the Assistant Controller in developing, implementing, and maintaining internal controls; remediating control gaps and strengthening financial governance
Coordinate and resolve audit findings with external CPAs and internal stakeholders; drive timely responses and corrective actions
Support Corporate Accounting in regulatory compliance and tax filing activities
Oversee daily operations of the accounting department, supervising staff and managing end‑to‑end workflows (GL, AR/AP, reconciliations, billing)
Support the Assistant Controller in continuous improvement initiatives to enhance operational systems, processes, and data integrity
Support the Assistant Controller in financial system administration and optimization (chart of accounts, roles/permissions, integrations, reporting)
Leverage Yardi Voyager for asset management accounting, reporting, and system optimization
Review and approve capital call submittals and asset-related funding requests; ensure documentation accuracy and compliance
Review asset revenue and expenses and analyses; provide insights on variances, trends, and profitability to business stakeholders
Supervise staff training and mentorship; set goals, conduct performance reviews, and build bench strength
Other duties as assigned
Qualification
Required
Proficiency with accounting software and advanced Excel
Understanding of GAAP and job costing and draw processes
Experience with reconciliation and journal entries
Analytical mindset
High attention to detail
Strong organizational skills
Effective communicator
Collaborative team player
Experience in entity set up within accounting systems
Troubleshooting accounting platform issues
Bachelor's degree in Accounting
Minimum of 5 years of accounting experience, ideally in LIHTC asset management accounting
Strong understanding of GAAP, multi-entity accounting, and financial reporting
Proven leadership skills with the ability to manage and mentor accounting staff
Excellent analytical, organizational, and communication skills
Ability to thrive in a fast-paced, collaborative, and entrepreneurial environment
Preferred
Master's Degree in Accounting
CPA or progress toward certification
Advanced proficiency in Yardi Voyager
Benefits
Eligibility for Lotus Company’s employee benefit package including health, dental, and vision insurance, where eligibility begins 30 days after employment.
Basic Life Insurance with the option to purchase additional coverage.
Basic Short Term Disability Insurance.
Paid Time Off (PTO) – 15 Days as accrued throughout year.
10 Paid Holidays as detailed in Lotus Holiday Calendar.
401K enrollment (dollar-for-dollar match for the first 3% of salary differed and 50% contribution for the next 2% of salary deferment – with a minimum 6-month employment required prior to enrollment)