Our client, a high-profile commercial real estate firm, is seeking a Director of Accounting to oversee all property accounting functions for the company. This person will lead a team of 10 and work closely with the C-Suite as well as other departments throughout the firm.

ESSENTIAL RESPONSIBILITIES:

• Supervise a team of Controllers, Accounting Managers and Property Accountants
• Ensure appropriate controls and procedures are in place for accurate and timely financial reporting.
• Oversee month-end close, including reviewing tax-based financial statements
• Oversee the preparation of detailed audit workpaper in connection with month, quarter and year-end financial audit and reporting process
• Reconciliation of subsidiary ledgers to general ledger and monthly reports.
• Utilize existing accounting systems to automate processes and reporting where appropriate.
• Manage accounting for the tenant accounting year-end lease requirements (i.e. CAM year reconciliations, annual sales report, etc.)
• Work with property management to research and explain budget to actual variances, and share these explanations with F&A leadership for use in monthly management meetings as required
• Support CFO with ad-hoc analysis requests
• Manage annual Building Operating Expenses reports; prepare annual operating budget, revised forecasts
• Conduct lender compliance reporting and loan compliance activities (e.g., preparing financial packages for lenders, TC201, RPIE, etc.)

REQUIREMENTS:

• Bachelor’s degree in Accounting or a related field
• Strong understanding of accounting principles and the accounting requirements of real estate organizations
• Deep understanding of escalations and straight-line accounting
• Strong organization, coordination and planning, and problem-solving skills
• Ability to meet strict deadlines consistently
• Strong written and verbal communication and interpersonal skills