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Property Accounting Manager

Job in Boston, Suffolk County, Massachusetts, 02298, USA
Listing for: Vaco Recruiter Services
Full Time position
Listed on 2026-03-12
Job specializations:
  • Accounting
    Accounting Manager, Financial Reporting
  • Finance & Banking
    Accounting Manager, Financial Reporting
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

Director of Accounting & Financial Reporting

The Director of Accounting & Financial Reporting will oversee all accounting and financial reporting activities for the portfolio of properties managed by SM. This is a hands‑on leadership position that requires deep expertise in commercial real estate accounting, strong team management capabilities, and the ability to produce accurate, timely financial reporting in a deadline‑driven environment.

This role works closely with clients, property and asset management teams, auditors, and senior leadership to ensure high-quality financial operations and reporting.

Key Responsibilities
  • Oversee the preparation and review of financial statements for clients, lenders, joint venture partners, and other stakeholders, including monthly reporting, capital calls, distribution recommendations, and loan draw submissions
  • Ensure accounting and financial reporting activities comply with all applicable agreements, including management agreements, joint venture agreements, development agreements, and mortgage documents
  • Interpret lease agreements and support the accounting and analysis of complex transactions such as acquisitions, dispositions, debt transactions, and complex lease structures
  • Partner with property and asset management teams to develop operating budgets, forecasts, CAM reconciliations, and required monthly, quarterly, and annual client reporting
  • Manage the onboarding and offboarding of acquisitions, dispositions, and new developments, ensuring smooth accounting system transitions and proper management of banking activity
  • Validate lease data accuracy prior to system activation and maintain data integrity across accounting platforms
  • Maintain a strong working knowledge of client‑utilized accounting systems across multiple portfolios
  • Lead, mentor, and develop a team of Accountants and Senior Accountants while maintaining high standards for accuracy, productivity, and professional development
  • Coordinate and deliver both initial and ongoing staff training aligned with company policies, procedures, and best practices
  • Manage multiple deadlines while ensuring team accountability for timely and accurate deliverables
  • Serve as the primary point of contact for client tax preparation and audit engagements
  • Promote continuous improvement through process automation, documentation, and cross‑functional collaboration
  • Partner with peer leaders to share best practices and enhance operational efficiency
  • Perform other related duties as assigned
Qualifications
  • Bachelor’s degree in Accounting, Finance, or a related field; CPA preferred but not required
  • 7+ years of commercial real estate accounting experience
  • 3–5 years of people management experience
  • Strong experience preparing and reviewing real estate financial statements
  • Experience with Yardi required; MRI experience a plus
  • Solid understanding of CAM reconciliations, real estate tax escalations, and lease accounting
  • Excellent organizational, communication, and leadership skills
  • Comfortable working in a paperless, technology‑driven, and virtual environment
  • Flexible and adaptable with enthusiasm for growth and change
  • Collaborative team player with a positive, solutions‑oriented mindset
  • Ability to thrive in a fast‑paced, deadline‑driven environment
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