Property Accounting Manager - Remote

Position Description:

About Us

Summerfield Property Management (SPM) is a growing property management firm dedicated to providing exceptional living experiences for residents. We manage a diverse portfolio of residential properties and are committed to maintaining high standards of quality, service, and operational excellence. Position Summary

The Property Accounting Manager reports to senior accounting leadership and oversees a team of approximately 3–4 Property Accountants responsible for an assigned portfolio of approximately 20–30 multifamily communities. Property assignments and staffing may vary based on portfolio size, complexity, and workload.

This role ensures accurate and timely financial reporting, effective accounting controls, and compliance with generally accepted accounting principles (GAAP) and company policies. Working closely with regional managers, property management teams, and ownership, the Property Accounting Manager oversees accounting operations, supports budgeting and forecasting, and leads the development and performance of the accounting team.

Key Responsibilities

Accounting Operations & Financial Reporting

• Oversee the day-to-day work of Property Accountants; review and approve monthly financial statements, bank reconciliations, journal entries, payment requests, wires, and other accounting transactions within established approval authority.
• Ensure property-level financial information is accurate, complete, and supported by appropriate documentation; research and resolve discrepancies before reporting or release of funds.
• Oversee accounting for revenue, expenses, invoices, payroll, mortgage payments, and distributions within SPM's assigned responsibilities and established approval procedures.
• Review financial results, budget comparisons, and material variances; explain findings to ownership and operations teams and support expenditure control.

Month-End Close, Budgeting & Forecasting

• Lead month-end and year-end close activities and ensure internal, owner, client, and lender reporting deadlines are met.
• Review and approve monthly financial reporting packages, including financial statements, bank reconciliations, journal entries and supporting schedules, budget-to-actual comparisons, and explanations of material variances.
• Partner with regional managers and operations teams on annual budgets, reforecasts, cash funding draws, and cash needs.

Accounting Controls & Compliance

• Develop, implement, and maintain accounting policies, procedures, and internal controls in accordance with GAAP and company standards.
• Monitor debt covenants, lender reporting requirements, funding obligations, and required reconciliations where these fall within SPM's assigned responsibilities; escalate exceptions promptly.
• Ensure accounting workflows are consistent, accurate, and completed within established deadlines and approval requirements.
• Identify and implement process improvements to increase efficiency, productivity, and quality.
• Coordinate with internal and external auditors; provide documentation, supporting schedules, explanations of transactions, and information needed for timely completion of audits.

Property Transitions & Client Relations

• Oversee accounting activities associated with new property transitions, dispositions, sales, and management transitions, including sale prorations and transfer of accounting records.
• Communicate promptly and professionally with third-party clients and property owners regarding financial statements, distributions, business license filings, personal property tax filings, and other accounting inquiries within SPM's assigned responsibilities.
• Collaborate closely with regional managers and property management teams on pre-close activities and maintain continuity between accounting and operational activities.

Team Leadership & Development

• Supervise, train, and coach Property Accountants, providing performance feedback, goal planning, and corrective guidance when needed.
• Participate in recruiting, interviewing, hiring, and onboarding accounting team members.
• Establish team goals, support professional development, and distribute property assignments to balance workloads effectively.
• Manage competing priorities and deadlines across multiple properties and property management software applications; maintain accountability for team performance and service quality.
• Perform recurring and ad hoc financial analysis, other duties, and special projects as assigned.

Qualifications

• Bachelor's degree or higher in Accounting, Finance, or a related field.
• CPA certification or active progress toward the CPA designation preferred.
• 5–7 years of accounting experience, including at least 3 years in a supervisory or people-leadership role.
• At least 3 years of property management or real estate accounting experience required, including multifamily property accounting.
• Experience with Yardi Voyager or similar property management accounting software required.
• Advanced knowledge of GAAP and internal accounting controls.
• Advanced proficiency in Microsoft Office, particularly Excel, including VLOOKUPs, pivot tables, and SUMIFs.
• Strong leadership, communication, analytical, organizational, and problem-solving skills, with high attention to detail and a customer-service orientation.
• Ability to manage multiple properties, priorities, and deadlines and work independently in a remote setting while remaining accountable for results.
• Ability to meet pre-employment drug screening and background check requirements, consistent with company policy and applicable law.

Benefits

SPM offers the following benefits, subject to plan terms, eligibility requirements, and company policy:

• Health, dental, and vision insurance.
• 401(k) retirement plan and paid time off.
• Basic and voluntary life insurance; long-term and short-term disability insurance.
• Career advancement opportunities

Work Schedule & Environment

This is a remote position with a standard Monday-through-Friday schedule during regular business hours. The manager must be available during the working hours established by SPM leadership and coordinate effectively with accounting, regional management, property teams, owners, and clients across the assigned portfolio.

Additional hours may be required during month-end and year-end close, audits, budgeting, or property transitions. Additional InformationThis job description is not an exhaustive list of responsibilities. Duties may change as business needs evolve.SPM is an equal opportunity employer.

We encourage candidates from all backgrounds to apply. Reasonable accommodations are available to enable qualified individuals with disabilities to perform essential job functions.