Property Accounting Manager

We are seeking a hands-on, entrepreneurial Accounting Manager to join our dynamic and fast-growing real estate investment and development firm. This role requires a highly skilled financial professional who thrives in a fast-paced environment and is comfortable managing everything from day-to-day accounting operations to sophisticated investor reporting. The Property Accounting Manager will report directly to the CEO and play a critical role in ensuring financial integrity, compliance, and strategic insight across the organization.

Key Responsibilities

• Direct and oversee daily accounting operations, including accounts payable, accounts receivable, bank reconciliations, journal entries, trial balance preparation, and accurate, timely financial reporting.
• Manage the financial requirements of multiple Build-to-Rent and Short-Term Rental investments, ensuring proper accounting for revenues, expenses, and capital projects.
• Partner with Asset Management to prepare and review property- and portfolio-level budgets, forecasts, and financial statements; analyze operating results, variances, and key performance metrics.
• Administer construction and reserve draws, oversee job costing, and perform analysis necessary to support property- and investment-level financial reporting.
• Ensure accurate accounting and reporting across property and investment structures, including complex multi-tier entities and joint ventures.
• Review investment performance, including incentive fee calculations, acquisition and disposition fees, and promote/waterfall structures
• Prepare and manage periodic financial reporting packages at both the lender and investor levels, ensuring accuracy, compliance, and timeliness.
• Coordinate with external CPAs and advisors for tax filings, audits, and investor reporting requirements (including K-1s), including preparation of work papers and audit support documentation.
• Support capital planning, financing activities, and cash flow management to ensure adequate liquidity for operations, debt service, and capital expenditures.
• Maintain and enforce internal controls, accounting policies, and procedures to safeguard assets and ensure compliance with GAAP and partnership agreements.
• Implement and improve accounting systems, processes, and reporting tools to increase efficiency, transparency, and accuracy.

Education, Skills, and Qualifications

• Bachelor’s degree in Accounting, Finance, or related field required; CPA or MBA preferred.
• 10+ years of progressive accounting experience, with at least 5 years as an Accounting Manager in Real Estate Investments, Build to Rent, and/or Hospitality Real Estate.
• Strong technical knowledge of real estate accounting, construction finance, fund structures, and investor reporting.
• Advanced proficiency in Microsoft Excel (financial modeling, cashflows, projections, waterfalls); strong working knowledge of Microsoft Office Suite.
• Excellent organizational, execution, and time management skills; detail-oriented with the ability to manage multiple priorities.
• Resourceful and adaptable with a proactive, solution-oriented mindset.
• Effective communicator (written and verbal) with the ability to collaborate across teams and with investors.
• Entrepreneurial spirit, positive outlook, and desire to thrive in a fast-paced, evolving environment.
• Valid driver’s license, auto insurance, and flexibility to travel occasionally (day and overnight trips).

This job description is not intended to be an all-inclusive list of duties and responsibilities. Management reserves the right to modify duties or assign other responsibilities at any time, with or without notice, to meet business needs.

Villatel is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to any legally protected status.