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Director of Property Accounting - Multi-Family Property Management

Edgewood Management Corp
paid holidays
United States, Maryland, Gaithersburg
9711 Washingtonian Boulevard (Show on map)
Mar 24, 2025

Director of Property Accounting - Multi-Family Property Management

OVERVIEW
The Director of Property Accounting is responsible for supervising a team of property staff accountants in maintaining the financial records for all multi-family residential apartment properties within Pratum Companies' managed portfolio.


This position manages others, and work hands-on as needed, in executing the responsibility of maintaining accounting principles, practices and procedures to ensure accurate and timely delivery of financial statements to third party clients and our company. This position addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, and account reconciliations. In addition, this role will develop relationships with internal and external stakeholders, including clients, property site employees, operations leadership, and corporate/departmental staff which requires strong interpersonal (verbal and written) communication skills. This role is responsible for training, mentoring, supervising, developing, coaching, and leading a team of direct reports.

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

  • Lead by example in demonstrating a thorough understanding of the financial reporting and general ledger structure and all core accounting principles and best practices.
  • Ensure the timely and accurate reporting of monthly, quarterly, and year-end financial information for all appropriate entities.
  • Perform monthly accounting transactions review for assigned entities.
  • Collaborate with the other accounting and operations managers to support overall department goals and objectives.
  • Respond to inquiries from ownership groups, investors, regulatory agencies, Accounting Supervisors, and other finance and firm wide managers regarding financial results, special reporting requests and the like.
  • Manage the year-end audit process.
  • Accounting transactional tasks include, but are not limited to: bank account reconciliation, journal entries, mortgage reconciliation, statement downloads, income and expense filing, regulatory filings, and a host of client-specific reporting and financial accounting responsibilities.
  • Supervise, manage performance, train/retrain, recruit/hire, and other managerial responsibilities for multiple direct reports. Develop and manage to individual, professional, team, and organizational goals and objectives. Demonstrate strong engagement and leadership skills to positively engage, communicate, motivate, teach, grow, encourage and inspire outstanding contributions.
  • Support Accounting and company leadership with special projects or other tasks, duties, or responsibilities as assigned.

MINIMUM REQUIREMENTS
Education
  • BA/BS in Business with an emphasis in Accounting is desired, CPA is a plus
Technical Skills and Prior Experience
  • 3-5+ years experience in the accounting field and in a supervisory capacity, particularly with financial reporting/general ledger exposure. Experience working in multi-family real estate, specifically affordable housing property management, is preferred.
  • Must be PC proficient and able to thrive in a fast-paced setting. Experience with Yardi required. Exposure toRealPage, MRI,or other large automated accounting system highly preferred. Must have strong experience with Microsoft Office Suite (Excel, Outlook, Word, Teams, etc.).
  • Strong interpersonal and customer service skills required.
  • Strong English spoken/verbal and written communication skills.
  • Ability to manage multiple tasks, prioritize/reprioritize on conflicting or overlapping timelines, work under pressure, and meet deadlines as required.
  • Ability to work independently and as part of a team and take on new tasks with a moderate level of difficulty.
  • Superb ability to handle sensitive, confidential, and proprietary information, and is trustworthy to an exceptional degree.


This role is exempt and has an anticipated annual pay range of $95k-$125k for a new employee depending on a number of relevant factors including individuals' experience, qualifications, knowledge, skills, abilities, client/property or company budgetary limitations/guidelines, and other job-related company and market considerations. This position may be eligible to receive discretionary and/or performance-based bonuses on a spot or annual basis, which are variable depending on individual merit/performance, budgetary limitations, company performance, and other job-related factors. This non-exempt role will be eligible for overtime for all hours worked in excess of 40 per week. Full-time positions (30+ hours/week) are eligible for 2 weeks paid vacation, 3 weeks sick and related leave, 11 paid holidays, and health & welfare benefits as outlined on the Company's website. To learn more about our company and our benefits, go to: https://pratumco.com/careers/

Pratum Companies is committed to a diverse workforce and is an Equal Opportunity Employer.
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