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Accounting Manager, Property Operations

primegrp.com

San Francisco (CA)

On-site

USD 126,000 - 141,000

Full time

26 days ago

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Job summary

An established industry player is seeking an Accounting Manager to join their dynamic team. This role is pivotal in ensuring financial accuracy and compliance across a diverse portfolio of properties. You will lead a talented team, fostering a culture of accountability and continuous improvement while collaborating with various stakeholders to drive financial performance. The ideal candidate will possess strong leadership skills, a strategic mindset, and a passion for enhancing operational efficiency. Join this vibrant organization and contribute to its mission of providing exceptional service and amenities to residents along the West Coast.

Benefits

Comprehensive medical, dental, vision, and RX plans
Standard PTO plus 11 company holidays
401k match up to 4%
Tuition reimbursement for continuous learning
Housing discount at Prime Residential properties

Qualifications

  • 6+ years of accounting experience, preferably in property management.
  • 2+ years of experience in managing and developing accounting teams.

Responsibilities

  • Oversee financial close processes and ensure accuracy in reporting.
  • Lead and mentor a high-performing accounting team.

Skills

Leadership
Financial Reporting
Analytical Skills
GAAP Compliance
Problem Solving

Education

BA/BS in Accounting
BA/BS in Finance
BA/BS in Business

Tools

Microsoft Excel
Accounting Software
RealPage

Job description

Description

About Prime: Prime Residential is an established owner and operator of more than 19,000 multifamily apartments and townhomes, providing appealing amenities and superior customer service in some of the most sought-after locations along the West Coast. We are committed to maintaining a richly diverse and inclusive company culture where all people feel welcomed and valued.

Work Location: Onsite three days a week at our beautiful headquarters located in the Transamerica Pyramid (600 Montgomery Street, San Francisco, CA 94111)

Target Pay: $126,520 - $140,578 + annual discretionary bonus

Role Overview: The Accounting Manager, Property Accounting at Prime Residential (Prime) plays a critical role in ensuring the accuracy, integrity and compliance of financial reporting across our portfolio. This role oversees financial accounting, administration, financial close processes, reconciliations, and strategic analysis.

As a people leader, the Accounting Manager mentors and develops a high-performing team, fostering accountability, collaboration, and continuous improvement. This role requires strong leadership in coaching staff, managing workloads, and setting clear performance expectations.

The Accounting Manager collaborates with corporate, regional, and on-site teams to ensure strict adherence to GAAP compliance and drive internal audits, financial compliance initiatives, and process improvements that enhance accuracy and efficiency.

Beyond daily financial tasks, this role supports Prime’s leadership in shaping the property accounting department’s vision and growth strategy. Success requires exceptional analytical skills, leadership, and a proactive mindset. The candidate must be detail-oriented, solutions-driven, and adept at managing people, processes, and priorities in a fast-paced environment.

Who You Are:

  • A collaborative team leader who fosters teamwork, trust, and accountability while mentoring, developing, and empowering accounting staff to achieve their full potential.
  • A people-focused manager who provides clear direction, coaching, and performance feedback to build a high-performing accounting team.
  • A precise and deadline-driven professional who ensures accuracy and compliance with strict monthly, quarterly, and annual financial deadlines.
  • A strategic thinker and problem-solver who can analyze complex financial data, assess risks, and implement solutions that align with business objectives.
  • A process-driven and innovative leader who continuously seeks opportunities to improve accounting operations, enhance financial controls, and drive operational efficiency.
  • An effective communicator and influencer who collaborates across teams, articulating financial insights clearly to both technical and non-technical stakeholders.

What You’ll Do:

Financial Reporting & General Ledger Management

  • Oversee the financial close process, ensuring accuracy and timely reporting.
  • Review and approve journal entries, budgets, revenue, expenses, and payroll, resolving discrepancies proactively.
  • Ensure the integrity of the general ledger, including intercompany transactions, loan schedules, and reconciliations.
  • Conduct and oversee bank reconciliations, wire transfers, mortgage payments, cash calls, and financial disbursements to ensure compliance and accuracy.
  • Maintain cash security, including disbursement approvals, wire verification, and account reconciliations.
  • Review and monitor liquidity and cash activities in property operations to facilitate organization’s goals on investor distributions.
  • Provide financial data and reports to support transactions, financing, and capital planning.

Budgeting & Financial Analysis

  • Lead financial analysis, assessing revenue and expenditure trends to optimize financial performance.
  • Oversee financial planning for property transactions i.e. acquisitions/dispositions, debt financing, operating and capital expenditures.
  • Provide insights into forecasting and cost control, to align with financial goals.
  • Assist in budget preparation, including variance analysis and expense allocations.

Audit, Compliance & Risk Management

  • Serve as a key liaison for audits, providing documentation, research, and financial insights.
  • Ensure GAAP compliance and adherence to regulatory, lender, and internal policies while identifying and mitigating risks.
  • Oversee annual audits, including financial statement preparation, depreciation calculations, and reclassifications.
  • Collaborate with external CPAs on accounting regulations and implementation.

People Leadership & Team Development

  • Lead, mentor, and develop a team of accounting professionals, fostering accountability, collaboration, and continuous improvement.
  • Conduct performance evaluations, coaching, and career development to enhance team growth.
  • Oversee workload distribution, training initiatives, and process enhancements to improve efficiency.
  • Build strong relationships with the regional team as well as internal and external stakeholders, leading weekly accounting meetings to ensure alignment.

Process Improvement & Technology Implementation

  • Identify and implement process improvements to enhance efficiency, automation, and reporting accuracy.
  • Support accounting software deployment and optimization.
  • Maintain data integrity, bank account management, reconciliations, and chart of accounts to enhance operational accuracy.

Requirements

  • BA/BS degree in Accounting, Finance, Business, or a related field.
  • 6+ years of accounting experience, preferably within property management or real estate. Multi-family experience a plus.
  • 2+ years of people management experience, including supervising, mentoring, and developing accounting teams.
  • Advanced proficiency in accounting software and financial systems with intermediate-level skills in Microsoft Excel and Office Suite. RealPage experience a plus.
  • Deep knowledge of GAAP, financial reporting, general ledger management, reconciliations, budgeting, and forecasting.
  • Proven leadership abilities, with experience in coaching, training, and managing performance for accounting professionals.
  • Exceptional analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.

What We Offer:

  • Generous Benefits: Comprehensive medical, dental, vision, and RX plans.
  • PTO: Standard PTO plus 11 company holidays, 2 floating holidays, 1 birthday day-off, and 1 volunteer day-off.
  • Retirement: 401k match up to 4%.
  • Career Growth: Prime Academy provides various development opportunities by position including foundational skills, technical skills, leadership essentials, and more.
  • Education: Tuition reimbursement for continuous learning.
  • Employee Housing Discount: Housing discount offered at Prime Residential properties.

JOIN OUR TEAM: If you are a dedicated professional with a passion for excellence and customer service, we would love to hear from you! Apply now to join Prime Residential and contribute to our vibrant community.

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