Accounting Manager - Hybrid

Beacon Hill; Philadelphia (Philadelphia County); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Medical, dental, vision benefits

Job summary

Beacon Hill is seeking a Real Estate Accounting Manager to oversee the accounting and financial reporting for a diverse property portfolio. The role requires leading month-end close, preparing GAAP-compliant statements, and supporting budgeting and audits.

The ideal candidate will have strong real estate accounting experience, leadership skills, and the ability to partner with property management, asset management, development, and executive leadership teams to drive accurate reporting and

Qualifications

• Strong GAAP knowledge and ability to prepare GAAP-compliant financial statements.
• Experience with real estate accounting across portfolios (commercial, multifamily, retail, industrial).
• Ability to lead and mentor accounting staff and collaborate with property management, asset management, and executives.
• Proven expertise in financial reporting, budgeting support, and variance analysis.

Responsibilities

• Manage monthly, quarterly, and annual close for real estate entities and portfolios.
• Review journal entries, reconciliations, and financial statements for accuracy.
• Coordinate audits and ensure compliance with debt covenants and tax activities.
• Oversee CAM reconciliations, tenant recoveries, and lease-related accounting.
• Partner with Asset Management to develop budgets and forecasts.
• Improve accounting processes and optimize property accounting systems.

Skills

GAAP knowledge

Real estate accounting

Leadership

Cross-functional collaboration

Financial reporting

Tools

Yardi

MRI

RealPage

Job description

The Real Estate Accounting Manager is responsible for overseeing the accounting and financial reporting functions for a portfolio of commercial, multifamily, retail, industrial, and/or mixed-use properties. This role manages month-end close activities, financial statement preparation, budgeting support, joint venture accounting, lender reporting, and compliance with GAAP. The ideal candidate will possess strong real estate accounting experience, excellent leadership skills, and the ability to partner effectively with property management, asset management, development, and executive leadership teams.

Essential Responsibilities

• Manage the monthly, quarterly, and annual close processes for assigned real estate entities and property portfolios.
• Review and approve journal entries, account reconciliations, and financial statements.
• Ensure timely and accurate preparation of GAAP-compliant financial reporting packages.
• Perform variance analysis and provide explanations of operating results to management.
• Oversee fixed asset accounting, depreciation schedules, and capitalization policies.
• Coordinate annual audits and assist with tax compliance activities.
• Oversee accounting for multiple properties, joint ventures, and ownership structures.
• Review property-level financial statements, operating metrics, and cash flow reporting.
• Manage CAM reconciliations, tenant recoveries, and lease-related accounting.
• Coordinate acquisition, disposition, refinancing, and purchase accounting activities.
• Review lender reporting requirements and ensure compliance with debt covenants.

Position Summary

The Real Estate Accounting Manager is responsible for overseeing the accounting and financial reporting functions for a portfolio of commercial, multifamily, retail, industrial, and/or mixed-use properties. This role manages month-end close activities, financial statement preparation, budgeting support, joint venture accounting, lender reporting, and compliance with GAAP. The ideal candidate will possess strong real estate accounting experience, excellent leadership skills, and the ability to partner effectively with property management, asset management, development, and executive leadership teams.

Essential Responsibilities

Financial Reporting & Accounting

• Manage the monthly, quarterly, and annual close processes for assigned real estate entities and property portfolios.
• Review and approve journal entries, account reconciliations, and financial statements.
• Ensure timely and accurate preparation of GAAP-compliant financial reporting packages.
• Perform variance analysis and provide explanations of operating results to management.
• Oversee fixed asset accounting, depreciation schedules, and capitalization policies.
• Coordinate annual audits and assist with tax compliance activities.

Property & Portfolio Accounting

• Oversee accounting for multiple properties, joint ventures, and ownership structures.
• Review property-level financial statements, operating metrics, and cash flow reporting.
• Manage CAM reconciliations, tenant recoveries, and lease-related accounting.
• Coordinate acquisition, disposition, refinancing, and purchase accounting activities.
• Review lender reporting requirements and ensure compliance with debt covenants.

Budgeting & Forecasting

• Partner with Asset Management and Operations to develop annual budgets and forecasts.
• Monitor property performance against budget and provide actionable financial insights.
• Prepare cash flow forecasts and support strategic planning initiatives.
• Assist leadership with portfolio analytics, investment reporting, and financial modeling.

Systems & Process Improvement

• Maintain and optimize property accounting systems, including Yardi, MRI, RealPage, or similar platforms.
• Develop and implement processes that improve efficiency, reporting accuracy, and internal controls.
• Lead accounting system enhancements and support technology initiatives.

Leadership & Team Development

• Manage, mentor, and develop Senior Property Accountants, Property Accountants, and Accounting Staff.
• Review team deliverables to ensure accuracy and adherence to policies and deadlines.
• Foster a culture of accountability, collaboration, and continuous improvement.
• Provide technical accounting guidance and professional development opportunities for team members.

Desired Skills

• Strong analytical and problem-solving abilities.
• Excellent organizational skills and attention to detail.
• Ability to manage multiple priorities in a fast-paced environment.
• Effective communication and presentation skills.
• Proven ability to partner cross-functionally with operations, asset management, development, and executive leadership teams.

Beacon Hill is an equal opportunity employer and individuals with disabilities and/or protected veterans are encouraged to apply.

California residents: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Company Profile

Founded by industry leaders to set a new standard in search, career placement and flexible staffing, we deliver coordinated staffing solutions with unparalleled service, a commitment to project completion and success and a passion for innovation, creativity and continuous improvement. Our niche brands offer a complete suite of staffing services to emerging growth companies and the Fortune 500 across market sectors, career specialties/disciplines and industries. Over time, office locations, specialty practice areas and service offerings will be added to address ever changing constituent needs. Learn more about Beacon Hill and our specialty divisions, Beacon Hill Associates, Beacon Hill Financial, Beacon Hill HR, Beacon Hill Legal, Beacon Hill Life Sciences and Beacon Hill Technologies by visiting www.bhsg.com.

Benefits Information

• Beacon Hill offers a robust benefit package including, but not limited to, medical, dental, vision, and federal and state leave programs as required by applicable agency regulations to those that meet eligibility. Upon successfully being hired, details will be provided related to our benefit offerings.

We look forward to working with you. Beacon Hill. Employing the Future