Property Management Assistant Controller — Lead Accounting

Acento Real Estate Partners LLC.

Bethesda (MD)

On-site

USD 90,000 - 130,000

Full time

4 days ago
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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 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,

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