Senior Vice President - Property Accounting

Company Description

ABOUT STREAM REALTY PARTNERS

Founded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. With 215+ million square feet of assignments and more than $5.8 billion in annual transactions, we are one of the fastest-growing, full-service commercial real estate services organizations in the country. We’ve grown from our two original partners to 1,200+ talented individuals that come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. More information on the firm is available on the website: www.streamrealty.com. 

IMMEDIATE IMPACT. MEANINGFUL CAREER.

At Stream, we know our success begins and ends with our people. It’s the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our client’s needs while instilling you with unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won’t simply start a new job—you will build a meaningful and impactful career.

Job Description

POSITION OVERVIEW: 

The Senior Vice President-Property Accounting will be responsible for leading the National Property Accounting Department and overseeing all activities of the department.  The primary objective will be to provide strategic financial leadership, maintain internal controls, and ensure compliance with accounting standards and regulations within the commercial real estate industry. This position will office on-site in our downtown Dallas corporate HQ location. 

RESPONSIBILITIES:

• Financial/Business Management
  • Develop and implement financial strategies, policies and procedures for the property accounting department.
  • Manage the department’s financial resources, including budgeting, forecasting, and financial analysis.
  • Monitor and analyze department performance, identify areas of improvement, and provide recommendations for enhancing profitability and operational efficiency.
• Accounting Operations
  • Oversee the day-to-day accounting operations.
  • Ensure accurate and timely financial reporting.
  • Monitor and ensure timely completion of annual property budgeting process.
  • Monitor and ensure timely completion of annual CAM reconciliation process.
  • Establish and maintain a robust system of internal controls to safeguard company & client assets and ensure compliance with accounting standards, regulations, and industry best practices.
  • Stay updated with changes in accounting regulations & standards and assess their impact on the departments operations.
• Team Leadership
  • Lead and mentor a team of accounting professionals, providing guidance, training, and performance feedback.
  • Foster a positive work environment that encourages collaboration, teamwork, and professional development.
  • Empower all levels of property accounting leaders to monitor team members' work performance and work ethic, with goals of ensuring a fair division of workload and improving overall department efficiency. 
  • Ensure effective communication and coordination with other departments, such as property management, corporate accounting, and legal, to support overall organizational goals.
• Stakeholder Engagement
  • Collaborate with senior management, executives, and other stakeholders to support strategic decision-making.
  • Participate in key property management & property accounting RFP’s.
  • Assist with key client relationship building.

Qualifications

• Bachelor’s degree in accounting, finance, or a related field.  A Master’s degree or CPA qualification is preferred. 
• Proven experience in accounting and finance roles, with a focus on commercial real estate accounting.
• Strong knowledge of accounting principles, financial reporting standards, and regulatory compliance requirements in the commercial real estate industry.
• Experience leading & managing large accounting teams and leading complex financial projects.
• Excellent analytical and problem-solving skills, with the ability to interpret data and provide strategic recommendations.
• Proficient in using accounting software, Yardi strongly preferred.
• Strong leadership abilities, with excellent communication and interpersonal skills.

Additional Information

Stream Realty Partners offers competitive salaries, bonuses, and a full range of employee benefi