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Director of Property Accounting

Company: IRET
Location: Minneapolis
Posted on: September 17, 2020

Job Description:

Job Category : Property Management Accounting

Corporate Support Office -Minneapolis

Minneapolis, MN, USA

Leads a potentially remote team of approximately 17 in all aspects of property accounting, including overhead and capital projects. Collaborates with and provides support to Operations in developing, implementing, and maintaining standard operating procedures and best practices that ensure consistency in results and improve profitability. Creates an environment that promotes strong partnerships between Property Accountants and Community Leaders. Works closely with the CFO, CAO, Corporate Controller, COO, SVP of Operations, SVP of Asset Management, and Director of Maintenance, Capital Projects, and Risk Management. Initial 6-9 months will be focused on a major system implementation.

Strong accounting and analytical skills. Communicates and collaborates effectively cross functionally at all levels of the organization. Builds, manages, and develops high performance teams. Customer-focused with a track record of process improvement. Strong written and oral communication skills, including the ability to tell a story with data.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

Manages all property accounting in compliance with GAAP standards and SEC requirements

Drafts and deploys property accounting policies and procedures, driving consistency in application

Coordinates accounting processes with the Corporate Controller, including the compilation of all property accounting and financial data required to produce internal and external reporting

Prepares or oversees monthly, quarterly, and YTD variance analysis to ensure accuracy of financial results, identifies market trends, and identifies opportunities to improve financial performance

Maintains system of internal controls for the property accounting function

Manages property budgeting & forecasting

Oversees monthly reporting to Operations and other internal users and coordinates ad hoc report requests

Supports Operations, Asset Management, Maintenance and Capital Projects functions with excellent customer service

Responsible for hiring, management, and evaluation of staff including coaching and development/succession planning; drives accountability

Works with internal and external auditors

Manages the accounting aspects of relationships with third-party property management companies

Back up for this position is provided by the CAO, Accounting Managers or other personnel as assigned.

Supervisory Responsibilities

Directly supervises two Accounting Managers and indirectly oversees approximately 15 other employees. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsible for building a high performance team through hiring, training, appraising performance, coaching, and development planning.

Travel

Expected to travel overnight to the non-home support office (Minot, ND or Minneapolis, MN) several times per year. Other travel may be required.

Standard computer package. Eligible for monthly cell phone reimbursement according to company policy.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience – Required Bachelor’s degree in Accounting

10+ years relevant experience

5+ years management experience

5+ years experience and advanced knowledge in residential property management accounting software (such as Yardi, MRI, etc)

Education and/or Experience – Preferred Public company experience

CPA

Other Requirements To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Additional details regarding competencies and other duties are available upon request. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties of this position.

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Keywords: IRET, Minneapolis , Director of Property Accounting, Other , Minneapolis, Minnesota

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