Finance Manager - Property Management CRE

Job Summary

We are seeking a dynamic and detail-oriented Finance Manager specializing in Commercial Real Estate (CRE) property management and detailed knowledge of YARDI to lead our financial operations and ensure compliance with industry regulations.

In this pivotal role, you will oversee financial planning, analysis, and reporting for our property portfolio, driving strategic decision-making and fostering strong relationships with clients and stakeholders. Your expertise in YARDI will be instrumental in optimizing financial performance and maintaining regulatory adherence.

Duties

• Establish overall departmental priorities and ensure all deadlines are met.
• Oversee all aspects of financial operations, including budgeting and financial reporting for the portfolio of Commercial Real Estate.
• Managing the general ledger, accounts payable, accounts receivable, and other accounting functions ensuring accurate and timely financial statements.
• Review monthly financial reports for unusual variances, prepare reclassifications and make necessary journal entries to make sure the financial statements are fairly stated prior to financial reporting publication.
• Review monthly Bank reconciliations for accuracy.
• Develop and assist Property Managers with managing property budgets.
• Oversee lease accounting processes, including rent roll analysis and CAM reconciliations.
• Manage day-to-day accounting functions, including accounts payable, accounts receivable, and general ledger maintenance including recording transactions and reconciling accounts.
• Monitoring portfolio cash flow, ensuring sufficient funds are available for operations.
• Manage cash daily review Bank Accounts and record other deposits (wire transfers, cash balances, etc.) bank reconciliations, and ensuring proper handling of funds.
• Assist with property insurance and tax
• Responsible for transitioning properties in/out (setting up in YARD!, initiating bank accounts)
• Oversee the preparation of monthly management fees.
• Prepare Monthly Wells Fargo Bank Analysis Statement Fee Invoices
• Maintain YARDI accounting system upgrades/conversion.
• Daily review Bank Accounts and record other deposits.
• Calculate and prepare monthly sales tax returns.
• Prepare monthly funding requests.
• Approve voiding of checks to vendors.
• Prepare Form 1099's for annual filing with IRS for applicable vendors

Expected Job Behaviors

• Lead and manage Yardi initiatives that make the team and company more efficient.
• Be responsive to requests for information from clients and other members of the organization.
• Share information with colleagues.
• Be a team player; collaborate; be responsive to others' needs for help.
• Treat information with confidentiality
• Communicate with others in a positive manner; project a professional image
• High attention to detail, precision, and organization are essential to ensure accuracy in all tasks.

Minimum Qualifications

• Knowledge of generally accepted accounting principles
• Education: Bachelor's degree in Accounting or Finance, or equivalent experience.
• Experience: Generally, 5+ years of experience in real estate accounting (commercial property management preferred).
• Software Proficiency: Familiarity with industry-specific software like YARDI, Microsoft Excel and Word.
• Soft Skills: Excellent time management, communication, and analytical skills.
• Possess highest level of integrity.
• Ability to act and operate independently with minimal daily direction from supervisor to accomplish objectives.

Pay: $68,700.00 - $89,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Paid time off

Work Location: In person