Lead Property Accounting Manager

Vaco; Memphis (TN); On-site; USD 90,000 - 120,000; Full time

Job summary

Vaco in Memphis, TN is seeking a Property Accounting Manager to supervise a team of property accountants and oversee financial operations for a portfolio of multifamily properties. You will partner with property managers and senior leadership to ensure accurate reporting and strong internal controls.

You will lead monthly and year-end closes, mentor staff, manage reconciliations and cash flow, and support audits while driving process improvements within GAAP-compliant frameworks.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• CPA preferred.
• 5–7 years of property accounting experience.
• 2+ years in supervisory or management role.
• Experience overseeing multifamily property accounting, financial reporting, close processes, reconciliations, cash management, audits, and internal controls.

Responsibilities

• Supervise and mentor a team of property accountants.
• Conduct performance reviews, provide feedback, and ensure training.
• Coordinate work schedules and staff assignments to ensure timely completion of tasks.
• Provide leadership to the accounting group by hiring, orienting, and training team members; manage performance.
• Serve as primary accounting contact for property managers, regional leaders, asset managers, clients, and senior leadership.
• Provide accounting support to property management teams to resolve discrepancies and optimize performance.
• Assess complex transactions and ensure GAAP-compliant treatment.
• Review journal entries, GL activity, reconciliations, and closing documentation.
• Support real estate transactions such as refinances, claims, and capital projects.
• Lead monthly and year-end closes and ensure timely financial statements.
• Distribute financial reports, resolve variances, and respond to client questions.
• Oversee cash operations including disbursements, deposits, wires, and bank reconciliations.
• Maintain internal controls and assist audits.
• Stay current on industry accounting practices and regulations.
• Assist with system upgrades and workflow automation.

Skills

Financial reporting

GAAP knowledge

Leadership

Communication

Problem solving

Analytical skills

Education

Bachelor's degree in Accounting/Finance

CPA preferred

Tools

Yardi/Entrata/MRI/RealPage

Excel

Job description

Vaco in Memphis, TN is seeking a Property Accounting Manager to supervise a team of property accountants and oversee financial operations for a portfolio of multifamily properties. You will partner with property managers and senior leadership to ensure accurate reporting and strong internal controls.

You will lead monthly and year-end closes, mentor staff, manage reconciliations and cash flow, and support audits while driving process improvements within GAAP-compliant frameworks.