Property Accounting Manager

onedigital; Boston (MA); Hybrid; USD 110,000 - 160,000; Full time

Benefits offered by this job

Medical, dental, vision, life, STD & 0

Job summary

Synergy, a leading Boston commercial real estate firm, seeks a Property Accounting Manager to lead accounting, financial analysis and reporting for LLCs and related entities. The role partners with property management, leasing, construction and asset management teams to drive accurate closes and GAAP-compliant reporting.

The candidate should have a CPA or degree in accounting, 6+ years of progressive experience including 2+ years in supervision, and strong Excel with Yardi/MRI familiarity.

Qualifications

• Bachelor’s Degree in Accounting, CPA preferred.
• 6+ years of progressive accounting experience, with a minimum of 2 years in a supervisory role.
• Prior accounting management experience (public or private), preferably within the Commercial Real Estate Industry.
• Ability to communicate effectively with superiors, peers, and vendors, as well as clients and other related parties.
• Excellent organizational skills, strong attention to detail and the ability to manage multiple priorities, while meeting deadlines.
• Quick study with the willingness to learn new systems and the eagerness to grow with the company.
• High degree of personal integrity and ability to work effectively in a fast-paced team environment.
• An interest in solving problems and a desire to have an impact on company policies and procedures.
• A strong positive attitude, demonstrating the professionalism, discipline and flexibility in an ever-changing environment needed to attain company goals.
• Solid knowledge of Generally Accepted Accounting Principles
• Proficiency with Excel; Yardi & MRI experience a plus

Responsibilities

• Ensure all monthly, quarterly, and annual accounting closes and reporting are accurate, timely and professionally prepared for a portfolio of assets.
• Review and approve financial workpapers, bank reconciliations, escalation billings, budgets, analysis, and GAAP work papers prepared by property accountants.
• Primary enforcement of companies internal control policies, ensuring compliance and adherence to those policies.
• Ability to identify procedural deficiencies and implement corrective actions, if necessary.
• Play a key role in the annual budgeting process and preparation of monthly reports for review by senior management.
• Ability to develop an understanding of property management software (Yardi and MRI) and ultimately maximize its use.
• Actively manage the day-to-day operations of a team of assigned accountants.
• Provide backup support for Property Accountants as needed. Fulfill primary accounting responsibilities as required due to leaves of absence, vacations, heavy workloads and deadlines, other transition times, etc.
• Support the department with team initiatives and special projects, taking the lead on special projects, as assigned.

Skills

Communication

Organizational skills

Attention to detail

Multitasking / prioritization

Team collaboration

Learning agility

Integrity

Problem solving

Professionalism

Flexibility

Education

Bachelor's Degree in Accounting

CPA Preferred

Tools

Excel

Yardi

MRI

Job description

Property Accounting Manager Synergy Boston, MA 02109

• Salary range $110K to $160K, commensurate with experience
• Following an initial training period, hybrid flexibility with four days in the office and one day remote weekly.

Synergy, a leading Boston commercial real estate firm, with a managed portfolio of over 7 million square feet, across multiple asset classes, is experiencing exciting growth and seeks a Property Accounting Manager to join our team. The successful candidate will be responsible for performing accounting, financial analysis and reporting functions for individual real estate LLCs and other related entities.

This position will work closely with Synergy’s internal real estate service groups, including property management, leasing, construction, and asset management. The individual will be required to work collaboratively to meet Synergy’s goals and objectives while adhering to the policies, procedures, and audit requirements ensuring continued growth and success.

Property Accounting Manager Skills and Qualifications

• Bachelor’s Degree in Accounting, CPA Preferred
• 6+ years of progressive experience, with a minimum of 2 years in a supervisory role
• Prior accounting management experience (public or private), preferably within the Commercial Real Estate Industry
• Ability to communicate effectively with superiors, peers, and vendors, as well as clients and other related parties
• Excellent organizational skills, strong attention to detail and the ability to manage multiple priorities, while meeting deadlines
• Quick study with the willingness to learn new systems and the eagerness to grow with the company
• High degree of personal integrity and ability to work effectively in a fast-paced team environment
• An interest in solving problems and a desire to have an impact on company policies and procedures
• A strong positive attitude, demonstrating the professionalism, discipline and flexibility in an ever-changing environment needed to attain company goals
• Solid knowledge of Generally Accepted Accounting Principles
• Proficiency with Excel; Yardi & MRI experience a plus

Why You Should Apply

• Competitive salary and benefits, including medical, dental, vision, life, STD & LTD insurance, Paid Parental Leave, and 401(k) plan with company match.
• A collegial work environment and an excellent opportunity to continue to develop strong skills and professional growth. Those who have joined us from other firms find the tight-knitted team culture and direct access to leadership very rewarding.

Property Accounting Manager Job Responsibilities

• Ensure all monthly, quarterly, and annual accounting closes and reporting are accurate, timely and professionally prepared for a portfolio of assets
• Review and approve financial workpapers, bank reconciliations, escalation billings, budgets, analysis, and GAAP work papers prepared by property accountants
• Primary enforcement of companies internal control policies, ensuring compliance and adherence to those policies
• Ability to identify procedural deficiencies and implement corrective actions, if necessary
• Play a key role in the annual budgeting process and preparation of monthly reports for review by senior management
• Ability to develop an understanding of property management software (Yardi and MRI) and ultimately maximize its use
• Actively manage the day-to-day operations of a team of assigned accountants.
• Provide backup support for Property Accountants as needed. Fulfill primary accounting responsibilities as required due to leaves of absence, vacations, heavy workloads and deadlines, other transition times, etc.
• Support the department with team initiatives and special projects, taking the lead on special projects, as assigned.

About Synergy

Synergy is a real estate investment and operating company primarily focused on the Boston market. We are one of the largest and most active landlords in the city. We are active members of the Boston business community and have been recognized as Landlord of the Year by the GBREB Commercial Brokers Association (CBA). We are also proud to support numerous organizations that have a positive impact in our city.

www.synergyboston.com

We are unable to support sponsorship for work authorization and Visas at this time. Background check required.

The likely base salary for this position is $110,000-160,000, representing our best estimate. Final salary decisions take into account market competitive data, as well as each candidate’s background and experience. As a result, actual offers may vary based on geographic location, job related knowledge, skills, experience, and internal equity. Please note that this salary range is not guaranteed, and the final offer may fall outside of the stated range.

Synergy is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.