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Senior Manager, Property Accounting

  2025-08-16     Prime Residential     San Francisco,CA  
Description:

Join to apply for the Senior Manager, Property Accounting role at Prime Residential

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Join to apply for the Senior Manager, Property Accounting role at Prime Residential

This range is provided by Prime Residential. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

153,161.00 / yr - $170,179.00 / yr

Job Type

Full-time

Description

About Prime : Prime Residential is an established owner and operator of more than 19,000 multifamily apartments and townhomes, providing appealing amenities and superior customer service in some of the most sought-after locations along the West Coast. We are committed to maintaining a richly diverse and inclusive company culture where all people feel welcomed and valued.

Office Details : The Senior Manager, Property Accounting will be expected to office out of San Francisco office 3 days a week.

Target Pay : $153,161 - $170,179 per year + annual discretionary bonus

Role Overview : The Senior Manager, Property Accounting at Prime Residential (Prime) plays a critical role in ensuring the accuracy, integrity, and compliance of financial reporting across our portfolio. This role oversees financial accounting, administration, financial close processes, reconciliations, and strategic analysis.

As a people leader, the Senior Manager mentors and develops a high-performing team, fostering accountability, collaboration, and continuous improvement. This role requires strong leadership in coaching staff, managing workloads, and setting clear performance expectations.

The Senior Manager collaborates with corporate, regional, and on-site teams to ensure strict adherence to GAAP compliance and drive internal audits, financial compliance initiatives, and process improvements that enhance accuracy and efficiency.

Beyond daily financial tasks, this role supports Prime's leadership in shaping the property accounting department's vision and growth strategy. Success requires exceptional analytical skills, leadership, and a proactive mindset. The candidate must be detail-oriented, solutions-driven, and adept at managing people, processes, and priorities in a fast-paced environment.

This role bridges tactical execution and strategic planning, preparing the individual for advancement to a Director-level position.

Who You Are

  • A collaborative team leader who fosters teamwork, trust, and accountability while mentoring, developing, and empowering accounting staff to achieve their full potential.
  • A people-focused manager who provides clear direction, coaching, and performance feedback to build a high-performing accounting team.
  • A precise and deadline-driven professional who ensures accuracy and compliance with strict monthly, quarterly, and annual financial deadlines.
  • A strategic thinker and problem-solver who can analyze complex financial data, assess risks, and implement solutions that align with business objectives.
  • A process-driven and innovative leader who continuously seeks opportunities to improve accounting operations, enhance financial controls, and drive operational efficiency.
  • An effective communicator and influencer who collaborates across teams, articulating financial insights clearly to both technical and non-technical stakeholders.

Key Responsibilities

Financial Reporting & General Ledger Management

  • Oversee the financial close process, ensuring accuracy and timely reporting.
  • Review and approve journal entries, budgets, revenue, expenses, and payroll, resolving discrepancies proactively.
  • Ensure the integrity of the general ledger, including intercompany transactions, loan schedules, and reconciliations.
  • Conduct and oversee bank reconciliations, wire transfers, mortgage payments, cash calls, and financial disbursements to ensure compliance and accuracy.
  • Maintain cash security, including disbursement approvals, wire verification, and account reconciliations.
  • Ensure general ledger integrity, including intercompany allocations and transactions, loan schedules, and interest payments.
  • Review and monitor liquidity and cash activities in property operations to facilitate organization's goals on investor distributions
  • Provide financial data and reports to support transactions, financing, and capital planning.
  • Facilitate monthly accounting / operations financial calls by region.

    • Budgeting & Financial Analysis

  • Lead financial analysis, assessing revenue and expenditure trends to optimize financial performance.
  • Oversee financial planning for property transactions i.e. acquisitions / dispositions, debt financing, operating and capital expenditures.
  • Provide insights into forecasting and cost control, to align with financial goals.
  • Assist in budget preparation, including variance analysis and expense allocations.

    • Audit, Compliance & Risk Management

  • Serve as a key liaison for audits, providing documentation, research, and financial insights.
  • Ensure GAAP compliance and adherence to regulatory, lender, and internal policies while identifying and mitigating risks.
  • Oversee annual audits, including financial statement preparation, depreciation calculations, and reclassifications.
  • Collaborate with external CPAs on accounting regulations and implementation.

    • People Leadership & Team Development

  • Lead, mentor, and develop a team of accounting professionals, fostering accountability, collaboration, and continuous improvement.
  • Conduct performance evaluations, coaching, and career development to enhance team growth.
  • Oversee workload distribution, training initiatives, and process enhancements to improve efficiency.
  • Build strong relationships with the regional team as well as internal and external stakeholders, leading weekly accounting meetings to ensure alignment.
  • Process Improvement & Technology Implementation
  • Identify and implement process improvements to enhance efficiency, automation, and reporting accuracy.
  • Support accounting software deployment and optimization
  • Maintain data integrity, bank account management, reconciliations, and chart of accounts to enhance operational accuracy.

    • Requirements

  • BA / BS degree in Accounting, Finance, Business, or a related field.
  • 7+ years of accounting experience, preferably within property management or real estate. Multi-family experience a plus.
  • 3+ years of people management experience, including supervising, mentoring, and developing accounting teams.
  • Advanced proficiency in accounting software and financial systems with intermediate-level skills in Microsoft Excel and Office Suite. RealPage experience a plus.
  • Deep knowledge of GAAP, financial reporting, general ledger management, reconciliations, budgeting, and forecasting.
  • Proven leadership abilities, with experience in coaching, training, and managing performance for accounting professionals.
  • Exceptional analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.

    • What We Offer

  • Generous Benefits : Comprehensive medical, dental, vision, and RX plans.
  • PTO : Standard PTO plus 11 company holidays, 2 floating holidays, 1 birthday day-off, and 1 volunteer day-off.
  • Retirement : 401k match up to 4%.
  • Career Growth : Prime Academy provides various development opportunities by position including foundational skills, technical skills, leadership essentials, and more.
  • Education : Tuition reimbursement for continuous learning.
  • Employee Housing Discount : Housing discount offered at Prime Residential properties.

    • JOIN OUR TEAM : If you are a dedicated professional with a passion for excellence and customer service, we would love to hear from you! Apply now to join Prime Residential and contribute to our vibrant community.

    Privacy Notice : https : / / www.primegrp.com / ccpa-info-current-and-prospective-employees /

    At Prime Residential, we celebrate and support diversity for the benefit of our employees, our business, and our community.??

    Prime is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Prime is also committed to compliance with all fair employment practices regarding citizenship and immigration status and, where applicable, pursuant to the San Francisco Fair Chance Ordinance, we will consider qualified applicants with arrest and conviction records.

    Regarding Prime Residential's Compensation Philosophy : The pay range for this position refers to what we reasonably expect to compensate for this role. Individual compensation is based on various factors, including experience, education, skillset, and geographic location. The specified range is reflective of the intended regional labor market. PLEASE NOTE : To promote equity and uphold our internal compensation standards, the target base and bonus for this position are non-negotiable. Additionally, job postings reflect 90-100% of the job value. Job value refers to the company's internal estimate of a role's worth based on research and pay practices, and acts as a guide for setting fair and consistent compensation. Internal candidates promoted into a new role can expect to receive an offer at 90% of the job value. This allows room for growth while developing in a new role.

    Salary Description

    153,161 - $170,179 per year

    Seniority level

    Seniority level

    Mid-Senior level

    Employment type

    Employment type

    Full-time

    Job function

    Job function

    Accounting / Auditing and Finance

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