Seegers & Associates
Senior Manager, Accounting and Reporting
Seegers & Associates, San Francisco, California, 94199
Our client, a dynamic commercial real estate investment firm, is seeking a critical member for their accounting team - this is a newly created position due to the growth of the company/portfolio. Reporting directly to the Vice President, Director of Accounting and Financial Reporting, you'll play a crucial part in maintaining accurate financial records and driving success across a diverse property portfolio. Key Responsibilities: Technical Accounting: Lead implementation and application of new accounting pronouncements relevant to the real estate industry. Provide technical guidance on complex accounting issues including revenue recognition, lease accounting, and fair value assessments. Financial Oversight and Review: Provide leadership and guidance to the Property Accounting Department. Review property-level financial statements for accuracy and compliance with GAAP. No actual property accounting is performed in this role Financial Reporting: Prepare and analyze monthly, quarterly, and annual consolidated financial statements. Generate insightful management reports to support strategic decision-making. Budgeting and Forecasting: Assist in the development and monitoring of annual budgets and forecasts. Provide oversight in variance analysis and recommend corrective actions. Cash Flow Management: Manage cash flow projections and optimize working capital. Collaborate with project teams to ensure accurate reporting of construction and development costs. Process Improvement: Identify opportunities for process optimization and implement efficiency improvements within the accounting function. What Makes This Position Awesome: Unique Opportunity: Unlike traditional accounting roles, this position empowers you to master technical accounting intricacies (corporate) while leading the financial heartbeat of our property portfolio (operations). Innovative Solutions in Real Estate Finance: Contribute to shaping innovative financial solutions in the dynamic real estate sector, navigating intricate lease accounting changes and implementing cutting-edge revenue recognition practices. Strategic Oversight of Property Accounting: Lead and refine the work of our Property Accounting Department, elevating financial reporting standards across a diverse portfolio. Collaboration and Development: Foster collaboration with cross-functional teams, gaining exposure to various facets of real estate operations and opportunities for professional growth. Future-Focused Leadership: Help shape our client's financial future, driving process improvements and setting the stage for sustained growth. Dynamic Growth and Expansion: Be part of a team driving rapid growth and expansion, actively influencing the trajectory of the company's financial success. Qualifications: Bachelor's degree in Accounting or Finance; CPA designation required. 5-8 years of experience in technical accounting within the real estate industry. Strong knowledge of GAAP and relevant accounting standards (e.g., ASC 606, ASC 842). Previous experience in a managerial role, demonstrating leadership and team management skills. Exceptional analytical and problem-solving abilities. Proficiency in accounting software and advanced knowledge of Microsoft Excel. Excellent communication skills, with the ability to convey complex financial information effectively. If you're seeking a role that transcends traditional accounting responsibilities, where your expertise is valued, and your leadership directly shapes the financial landscape of a thriving real estate enterprise, this Senior Accounting Manager position is a career-defining opportunity. Apply now and embark on an incredible organization The advertised compensation of $190-215k is the all-in amount calculated as $165-180k (base salary) discretionary bonus of approximately 20%.