Property Management Assistant Controller

Acento Real Estate Partners LLC.; Bethesda (MD); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Disability & life insurance

Paid time off

Paid holidays

Employee assistance program

401(k) with employer match

Employee referral program

Job summary

Acento Real Estate Partners is seeking a Property Management Assistant Controller to lead property-level accounting across our multifamily portfolio, owning the financial reporting relied on by owners, investors, and leadership. You’ll report to our Vice President and Controller and mentor the accounting staff.

With responsibilities from month-end close, lender reporting, tax workpapers, and ESG grant accounting, this role demands GAAP expertise, strong Excel skills, and a collaborative,

Qualifications

• Bachelor’s degree in accounting, finance, business, or a related field; CPA preferred.
• Five years as an auditor with a regional consulting firm, or five years as a senior accountant in a private company.
• Experience in real estate private equity and/or property management strongly preferred.
• Strong technical knowledge of GAAP and tax.
• Advanced Microsoft Excel skills and proficiency with accounting software (RealPage or Yardi preferred).
• Sharp attention to detail, excellent organization, and the ability to juggle multiple priorities.
• Clear, professional communication skills and a true team-player mindset.

Responsibilities

• Lead month-end and quarter-end close processes across multiple entities, delivering timely GAAP-compliant financial packages for executives and investors.
• Supervise and mentor accounting staff, strengthen internal controls and corporate accounting policies to ensure compliance with GAAP and regulatory requirements.
• Oversee cash management, review weekly cash flow forecasts, collaborate with fund accountants on capital distributions, and lead the annual budgeting process.
• Manage lender reporting, debt service schedules, covenant compliance, and reserve reimbursements across multiple projects.
• Collaborate with external insurance brokers on annual insurance renewals, review coverage, and monitor insurance escrow balances.
• Review external tax firm workpapers and tax returns (Forms 1065, 1120, and K-1s) and manage responses to IRS notices and appeals.
• Oversee business compliance filings, including business licenses, personal property taxes, income and expense surveys, and annual corporate reports; coordinate real estate tax appeals to support property tax savings.
• Oversee job cost accounting and WIP reporting to ensure accurate cost allocation and recoveries.
• Manage the financial onboarding of newly acquired properties, including setting up the accounting system, reviewing settlement entries, and financial reporting.
• Manage government grant accounting for ESG projects, including grant tracking, financial reporting, and compliance with grant requirements.

Skills

GAAP knowledge

Excel skills

Team player

Communication skills

Education

Bachelor’s degree in accounting, finance, business, or a related field

CPA preferred

Tools

RealPage

Yardi

Job description

Acento Real Estate Partners has two lines of business: Acento Investment Management, a real estate private equity firm focused exclusively on Commercial Real Estate markets across the Continental United States, and Acento Property Management, which provides best-in-class service in specialty segments of the multifamily real estate universe.

Your Opportunity: Property Management Assistant Controller

Are you an accounting leader who loves accuracy, thrives on deadlines, and gets energized by building strong teams? As our Property Management Assistant Controller, you’ll lead property-level accounting across our multifamily portfolio. You’ll own the financial reporting that owners, investors, and leadership rely on, and keep our properties fully compliant at the federal and state level. Reporting to our Vice President and Controller, you’ll be a key partner to our property and regional teams, and a coach and mentor to the accounting staff.

What You’ll Be Doing

• Financial Close: Lead month-end and quarter-end close processes across multiple entities, delivering timely, GAAP-compliant financial packages for executives and investors.
• Team Leadership & Controls: Supervise and mentor accounting staff, strengthen internal controls and corporate accounting policies to ensure compliance with GAAP and regulatory requirements.
• Cash Management & Budgeting: Oversee cash management, review weekly cash flow forecasts, collaborate with fund accountants on capital distributions, and lead the annual budgeting process.
• Lender Reporting: Manage lender reporting, debt service schedules, covenant compliance, and reserve reimbursements across multiple projects.
• Insurance: Collaborate with external insurance brokers on annual insurance renewals, review coverage, and monitor insurance escrow balances.
• Tax: Review external tax firm workpapers and tax returns (Forms 1065, 1120, and K-1s) and manage responses to IRS notices and appeals.
• Business Compliance: Oversee business compliance filings, including business licenses, personal property taxes, income and expense surveys, and annual corporate reports; coordinate real estate tax appeals to support property tax savings.
• Job Cost & WIP: Oversee job cost accounting and WIP reporting to ensure accurate cost allocation and recoveries.
• Acquisitions Onboarding: Manage the financial onboarding of newly acquired properties, including setting up the accounting system, reviewing settlement entries, and financial reporting.
• Grant Accounting: Manage government grant accounting for ESG projects, including grant tracking, financial reporting, and compliance with grant requirements.

What You’ll Bring

• Bachelor’s degree in accounting, finance, business, or a related field; CPA preferred.
• Five years as an auditor with a regional consulting firm, or five years as a senior accountant in a private company.
• Experience in real estate private equity and/or property management strongly preferred.
• Strong technical knowledge of GAAP and tax.
• Advanced Microsoft Excel skills and proficiency with accounting software (RealPage or Yardi preferred).
• Sharp attention to detail, excellent organization, and the ability to juggle multiple priorities.
• Clear, professional communication skills and a true team-player mindset.

We Take Care of Our People - we offer competitive salary & employee benefits

• Competitive salary and bonus eligible
• Medical, dental, and vision insurance with Health Reimbursement Account (HRA) partially paid by employer
• Short & long-term disability + life insurance at no cost to you
• 18daysPaid time Off
• 11.5daysPaid Holidays
• Employee Assistance Plan (EAP)
• 401(k) with 4% employer match
• Employee referral program

Ready to make an impact?

Acento is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.