Property Accounting Manager

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 1,400+ talented individuals that come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. You can see more about the firm at 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 clients’ 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 Property Accounting Manager is responsible for effectively managing a team of Staff and Senior Accountants while providing a high level of commitment and customer service to our Clients, as well as, the team and other Stream co-workers.  This includes delegating workloads while inspiring, motivating, and assisting team members to ensure accurate and timely financials for Client projects. 

ESSENTIAL FUNCTIONS & RESPONSIBILITIES:

•  Effectively manage a Property Accounting team consisting of up to 4 direct reports.
•  Lead and direct a team of accountants in preparing financials for industrial, office, retail, development/construction, association, and data center projects on behalf of Clients.
• Act as a liaison between the Client, Property Management, and the Property Accounting team.
• Act as a single point of contact for assigned Clients and ensure Client requests are completed in a timely manner with the utmost professionalism.
• Review financial statement packages prior to submittal to Clients to ensure accuracy and consistency of report presentation prior to submission to clients.
• Work in collaboration with the property management team and assigned accountant to successfully transition properties whether newly managed, acquired, sold, or foreclosed.  
• Identify training needs, track performance, coach, prepare year-end reviews, and motivate the team.  
• Lead transition and setup of new property assignments.  
• Promote positive internal and external customer service including open and constructive communication with property management to foster a positive relationship.  
• Assist accountants with processing and/or calculating debt, real estate taxes, sales tax, margin tax, deferred rent, and owner distributions.  
• Ensure proper recording of purchased and sold projects as well as loan refinancing.  
• Review the presentation of fixed assets for appropriate depreciation/amortization.  
• Develop and facilitate training for the accountants for real estate-specific accounting processes, variance analysis review, budget review, operating expense reconciliation review, and accounting software.  
• Maintain an in-depth understanding of Stream Policies and Procedures and ensure accountants’ compliance with same.  
• Provide “Best Practices” accounting policy and procedures guidance and direction to accountants and property management. 
• Coordinate Client requests on an “as needed” basis. 
• Additional duties and responsibilities as needed.

Qualifications

KNOWLEDGE / SKILLS / EXPERIENCE / EDUCATION:  

• Prior management experience is strongly preferred.
• History of Leading a team of degreed accountants in preparing timely financial statements. 
• Property Accounting / Real Estate industry work experience. 
• Ability to work independently with minimal oversight.   
• Exhibit a high level of commitment to customer service with clients as well as co-workers.   
• Possess an in-depth understanding of accounting methods (cash, accrual, and full GAAP) and financial terms and principles.  
• Demonstrate ability to work well under pressure with a proactive approach to unusual occurrences; handle complex employee issues confidentially and fairly.  
• Display good organizational skills, attention to detail, and openness to new ideas and procedures.   
• Learning and maintaining an i