Accounting Manager

Pacific Urban Residential

(Palo Alto, California)
Full Time
Job Posting Details
About Pacific Urban Residential
Pacific Urban Residential (‘PUR’) is an industry leading multifamily investment firm and pension fund manager. Headquartered in northern California’s innovative Silicon Valley, PUR is focused exclusively on the multifamily rental space. The firm has successfully deployed well-timed strategies to the benefit of its institutional partners and stakeholders throughout the Western United States.
Summary
We are seeking an Accounting Manager to join our team in the Palo Alto headquarters reporting directly to the Controller. This position will be responsible for developing, training and mentoring a team of 2-3 Senior Accountants who are responsible for a Business Unit portfolio of assets. As a member of the Finance & Analytics team, the Accounting Manager must have excellent communication skills and be confident interacting and collaborating with senior management in order to develop and provide key analytic tools for tracking the performance of the Business Unit portfolio of assets.
Responsibilities
* Supervise direct reports to ensure accurate and timely monthly, quarterly and year-end closings to meet internal and external reporting deadlines * Understand the recording of transactions into the general ledger in order to review and approve monthly/quarterly reporting packages sent to lender and equity partners * Review and be familiar with LLC operating agreements and understand waterfall schedules to ensure accurate preparation of equity contribution and distribution calculations * Review and be familiar with loan documents for compliance reporting purposes * Prepare/review schedules for the annual audit and provide audit support as needed * Work with the Tax Department to prepare and provide tax workbooks and schedules and provide support as needed. * Work with Portfolio Operations in the preparation of annual property budgets for the Business Unit portfolio of assets * Advise staff regarding the handling of non-routine reporting transactions * Document procedures and streamline processes when possible * Support the Controller with special projects and assist in the development and implementation of new procedures and features to enhance the workflow of the department * Provide training to new and existing staff, as needed * Work with each direct report to establish goals and objectives for each year and monitor and advise on their progress to enhance their professional development * Handle personnel issues with professionalism and high integrity * Collaborate with Portfolio Operations to support overall Business Unit goals and objectives * May perform other duties as required
Ideal Candidate
**Knowledge & Skills:** * Ability to prioritize and handle multiple tasks with flexibility to adapt and adjust on an ad hoc basis * Consolidation, financial statement preparation and analysis, and ad hoc reporting to support management decision making * Previous interaction with internal/external auditors is required * Excellent organizational and communication skills, both written and oral * Experience in Yardi software is preferred, but not required * Self-starter capable of finding solutions with minimal supervision, but must also be a team player with a collaborative approach * Desire to grow professionally and personally **Qualifications & Education:** * Bachelor’s Degree in Accounting or Finance * 4-5 years of prior supervisory experience in financial reporting/general ledger area * Real estate (multi-family) or investment management experience is a plus * CPA preferred
Compensation and Working Conditions
Reports to Controller

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