Property Accounting Supervisor

Company Description

A MEANINGFUL CAREER 
 
Interested in a challenging and meaningful career, where your expertise and efforts are valued, and amply rewarded? At Stream, there is no limit to how far you can go, with a team that will train, support, and cheer you on every step of the way. It’s the reason we continue to attract (and retain) the best and the brightest, and the reason why our firm continues to grow.  

We are doubling down on talent and ramping up hiring for our dynamic accounting team. With a clearly defined career path, mentoring, training, and flexible work arrangements, we know that accounting’s contributions to our company and our clients are key to our success, and in turn, invest deeply in our accounting team.  

Your role is integral from day one, and your continued training and development, a paramount objective. This isn’t just a job; it’s a trajectory, for a meaningful career. 

WITH A PURPOSE-DRIVEN COMPANY 
 
Stream isn’t your standard commercial real estate company. We’re a company that’s making waves, transforming the property management industry through a deep commitment to our clients, our communities, and our employees.  

We know our people are key to our success: We invest deeply in our teams, providing unsurpassed training and development opportunities with a “sky’s-the-limit” mindset. 

We deliver an unmatched service experience: The service we provide our clients is anything but ordinary; it’s legendary, with exemplary detail and care.  

We care deeply about our communities: In 2022 alone, our teams logged 4,600 volunteer hours with 50+ organizations across the U.S.  

We invest in tomorrow’s CRE leaders:  We support numerous hands-on training and educational programs that provide students from various socio-economic backgrounds with the tools and resources to succeed in school, work, and life.   

We hold high environmental standards: We continue to invest in environmental initiatives, utilizing Smart Building technology to drive sustainability, health, and wellness. 

You see, we don’t believe commercial property management should just meet a need. We believe it should positively impact the local landscape, and the people within it, for decades to come.  

Job Description

The Property Accounting Supervisor enjoys a defined career path, mentoring, access to established training resources, and a good work/life balance all within a company that values property accounting's contributions to its ongoing success.  The role is responsible 1-2 individuals and for preparing and reviewing financial statement packages while ensuring accuracy, consistency, timeliness and adherence to client requirements. This position directly participates in Client relationship management with guidance from the Assistant Controller/Controller. The Supervisor also assists the Assistant Controller/Controller with internal training, special projects, and mentoring team members.

ESSENTIAL FUNCTIONS:

• Provide excellent internal and external customer service. 
• Assist Assistant Controller/Controller with special projects and provide team leadership.  
• Perform secondary review for new accountants/accounting team members.  
• Prepare recurring and ad hoc analysis and reporting with limited direction from the supervisor. 
• Provide in-depth review, support, and guidance to multiple property management teams and accounting team members during the property budgeting process and expense reconciliation preparation. 
• Suggest new processes and efficiencies for project accounting.

 RESPONSIBILITIES:

• Preparation of monthly financial statement packages including creating and posting journal entries recorded to the general ledger, fixed asset depreciation and amortization roll-forward, advanced review of general ledger and the income statement, bank statement reconciliations, in-depth review of property manager variance comments, and balance sheet reconciliations. 
• Supervision of assigned 1 - 2 accountants/team members with an evaluation of their work product for accuracy and completeness. 
• Preparation and submission of Sales & Use Tax returns as applicable.          
• Project cash management; Ensure critical timely payment of utilities, taxes, mortgages, and owner distributions. 
• Review and posting of cash receipts along with review and processing payments of vendor invoices.
• Frequent communication and interaction with the property management teams and limited assignment of client relationship contacts.
• Identify training needs and provide technical guidance to accountants/team members.  
• Lead and/or assist with property transitions and setup of new project assignments. 
• Properly record the closing statement for purchased projects