Hightop Real Estate & Development ("Hightop") is a full-service, vertically integrated investment real estate company focused on the acquisition, development and management of commercial and residential real estate in the Greater Philadelphia region.
Hightop and its partners have a combined 50+ years of commercial real estate acquisition, construction, leasing and development experience.
Because of our full-service product suite and wide breadth of expertise, we are able to be nimble and effective in the market and acquire/develop a wide variety of asset classes.
Job Overview:
The Accounting Manager for Hightop is responsible for overseeing all financial aspects of property management and development operations.
This includes maintaining accurate financial records, ensuring compliance with industry-specific regulations, and providing financial insights to support property management and development decisions.
*This is a hybrid position*.
Candidate can work from home half the week and come to the South Philly office half the week.
Key Responsibilities:
1.
Property Financial Management:
- Manage the financial operations of all properties, including residential, commercial, and mixed-use.
- Oversee rent collection, lease administration, and tenant financial interactions.
- Ensure accurate and timely recording of property income and expenses.
2.
Financial Reporting:
- Prepare and review financial statements for each property, including income statements, balance sheets, and cash flow statements.
- Ensure that financial reports adhere to industry-specific standards and regulations.
- Present property-specific financial reports to property owners and stakeholders.
3.
Budgeting and Forecasting:
- Collaborate with property managers to develop annual property budgets.
- Monitor property budget performance and provide variance analysis.
- Assist in long-term financial forecasting for property portfolios.
4.
CAM (Common Area Maintenance) Reconciliation:
- Calculate, review, and reconcile CAM charges with tenants as per lease agreements.
- Ensure accurate billing and collection of CAM charges.
5.
Financial Compliance:
- Stay informed about real estate industry regulations and compliance requirements.
- Ensure adherence to local, state, and federal real estate and tax laws.
- Assist in property audits and coordinate with auditors as needed.
6.
Vendor and Supplier Management:
- Manage financial relationships with vendors and contractors.
- Oversee accounts payable processes related to property maintenance and repairs.
7.
Property Acquisition and Disposition:
- Provide financial analysis and due diligence support for property acquisitions and dispositions.
- Assist in evaluating the financial viability of potential real estate investments.
8.
Technology and Software Utilization:
- Evaluate and recommend property management software and systems to streamline financial operations.
- Stay updated on industry-specific financial technology solutions.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field (CPA designation preferred).
- Significant experience in property management accounting or related roles, with at least 5-7 years of experience
- Thorough knowledge of real estate accounting principles and industry regulations.
- Proficiency in Appfolio and Quickbooks
- Strong analytical and problem-solving skills, especially in the context of real estate financial analysis.
- Excellent communication and interpersonal skills.
- Attention to detail and ability to manage multiple property financial portfolios simultaneously.
- Leadership abilities and the capacity to work effectively with property managers, owners, and tenants.
Job Type: Full-time
Pay: $75,000.
00 - $85,000.
00 per year
Benefits:
* Dental insurance
* Health insurance
* Paid time off
* Vision insurance
Experience level:
* 5 years
Schedule:
* Monday to Friday
Experience:
* GAAP: 5 years (Required)
License/Certification:
* CPA (Preferred)
Work Location: In person
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