Accounting Manager - Multi-Family Property Management
OVERVIEW
The Accounting Manager leads a team of property accountants and is responsible for the accuracy, completeness, and timely preparation of financial reporting for assigned multifamily properties, including affordable housing communities. This is a hands-on role that combines staff supervision, detailed review of team-prepared financial statements and supporting schedules, and preparation of an assigned property portfolio.
The manager owns the first-level review process for assigned financial packages, ensures corrections are resolved, and presents completed reporting to the designated accounting leader for final approval. The position also supports audits, develops staff, coordinates with Operations, and helps maintain consistent accounting procedures and internal controls.
This is not a remote role. Required workplace is in our company's headquarters office in Gaithersburg, MD. This role is full-time and will require a Monday-through-Friday schedule, with the occasional evenings or weekends required as business needs demand.
RESPONSIBILITIES & DUTIES
Team management and development
Supervise assigned property accountants, establish priorities, distribute work based on complexity and capacity, and hold team members accountable for deadlines and quality.
Monitor monthly close progress, conduct regular check-ins, address roadblocks, and escalate resource or information gaps before reporting deadlines are affected.
Train and coach staff on reconciliations, accruals, reclasses, workpapers, financial analysis, and proper use of Yardi.
Provide timely performance feedback, identify development needs, and support evaluations and onboarding.
Coordinate backup coverage and cross-training to maintain continuity during absences, vacancies, and portfolio transitions.
Financial statement review and quality control
Review financial packages prepared by assigned accountants, including balance sheets, income statements, budget-to-actual comparisons, cash flow reports where required, general ledgers, and supporting workpapers.
Verify that balance sheet accounts reconcile to subledgers, bank statements, or supporting schedules and that reconciling items are explained, supported, and assigned for resolution.
Evaluate significant variances, unusual transactions, account classifications, cutoff, accruals, reversals, and prepaid amortization for accuracy and consistency.
Review bank reconciliations for completeness and aged or unusual items; ensure outstanding matters are researched and escalated through the approved process.
Confirm that management fees, payroll allocations, debt activity, reserves, security deposits, intercompany activity, and other applicable balances are properly supported and recorded.
Document review comments, return corrections to preparers, verify changes, and maintain evidence of review and resolution.
Ensure packages are complete and ready for final leadership review before release. Escalate unresolved issues and do not represent incomplete packages as reviewed.
Portfolio preparation and monthly close
Prepare financial statements and supporting schedules for an assigned portfolio sized to accommodate management and review responsibilities.
Prepare or review journal entries, accruals, reclasses, account reconciliations, and recurring schedules in accordance with company policies and reporting requirements.
Coordinate FCF review meetings with Operations and confirm that supporting information is complete, reasonable, and incorporated into the correct reporting period.
Maintain current workpapers and organized support; investigate discrepancies and prepare supported corrections for approval.
Submit personally prepared financial packages for independent review by the designated reviewer.
Audit support and collaboration
Coordinate assigned PBC requests, prepare and review audit schedules, track deadlines, and ensure support agrees to the applicable financial…