Accounting Manager- Legacy North

PAC

Accounting Manager- Legacy North

Plano, TX
Full Time
Paid
  • Responsibilities

    Job Description

    About the Role

    The Accounting Manager oversees all property-level accounting operations for a large, high-volume multifamily residential community. This role ensures accurate financial reporting, efficient accounting workflows, and compliance with company policies and GAAP standards. The ideal candidate thrives in a fast-paced environment with complex financial activity, including multiple revenue centers, high resident transaction volume, and large operating budgets.

    Responsibilities

    Financial Management & Reporting

    • Prepare monthly, quarterly, and annual financial statements for ownership, lenders, and internal stakeholders.

    • Review and approve journal entries, account reconciliations, and monthly close packages.

    • Monitor property financial performance against budget; identify variances and recommend corrective action.

    • Ensure accurate recording of revenue, expenses, capital expenditures, and accruals.

    Accounts Receivable & Resident Accounting

    • Oversee resident billing, rent collections, refunds, and account adjustments.
    • Ensure accurate and timely posting of charges, deposits, and concessions.
    • Audit delinquency records; partner with onsite team to support collection efforts and eviction workflows.
    • Monitor compliance with Fair Housing and local/state landlord-tenant accounting laws.

    Accounts Payable & Vendor Management

    • Oversee invoice coding, approval workflows, and payment processing.
    • Ensure proper vendor setup, W-9 collection, and adherence to procurement policies.
    • Reconcile vendor statements and resolve payment discrepancies.
    • Support year-end 1099 processing.

    Budgeting & Forecasting

    • Assist with annual budget creation, multi-year financial planning, and CAM/tax/insurance reconciliations.
    • Maintain capital tracking schedules; support large capital project accounting.
    • Partner with site leadership to identify financial risks and opportunities.

    Internal Controls & Compliance

    • Ensure adherence to GAAP, internal policies, and audit requirements.
    • Maintain accurate documentation and support internal/external audits.
    • Implement process improvements to enhance accuracy and efficiency.

    Team Leadership

    • Supervise and mentor property accountants, AP specialists, and/or onsite administrative staff.
    • Provide training on financial systems (e.g., Yardi, RealPage, Entrata).
    • Foster a culture of accountability, accuracy, and customer service.
  • Qualifications

    Qualifications

    Required

    • Bachelor’s degree in Accounting, Finance, or related field.
    • 5+ years of accounting experience, including property management or real estate.
    • Strong understanding of GAAP and balance sheet/income statement relationships.
    • Advanced proficiency in property management systems (Yardi strongly preferred).
    • Solid Excel skills (pivot tables, VLOOKUP/XLOOKUP, basic modeling).
    • Experience in high-volume environments (e.g., 800+ units, multi-phase assets).

    Preferred

    • CPA or CMA certification.
    • Multifamily industry experience with institutional owners or large portfolios.
    • Experience leading teams and managing month-end close cycles.

    Additional Information

    Preferred Apartment Communities is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com

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