Regional Accounting Manager/ Controller

Job Description

What we are looking for:-We are seeking a detail-oriented and proactive Regional Accounting Manager to play a critical role in overseeing the financial activities of our managed properties within their assigned region. This role is pivotal in ensuring accurate financial reporting, compliance with HUD, GAAP, and partner standards, and maintaining the financial integrity of our property portfolio. As the Regional Accounting Manager/ Controller, you will lead a team of Staff Accountants and Accounts Payable staff, driving high performance and efficiency in all accounting functions.Job responsibilities:
• Implement and monitor financial controls and guidelines across all properties.
• Standardize accounting policies, practices, and procedures to ensure consistency and efficiency across the portfolio.
• Monitor adherence to internal controls and identify opportunities to enhance process security and accountability.
• Optimize team efficiency by managing property assignments to ensure full utilization of accounting staff, reducing the need for excess staffing. Identify and recommend process improvements to achieve high productivity and sustainable performance across the region.
• Ensure accurate execution of month-end and year-end close and accrual functions, including proper recording of accrual activity for capital projects. This includes validating accrual and month-end entries, reviewing budget-to-actual reports, and collaborating with the Clients Management team to ensure unanticipated operating activity is accurately recorded and reported.
• Monitor cash positions for managed properties and collaborate with regional property management teams to implement balanced cash plans.
• Review and approve financial reports prepared by Staff Accountants, ensuring accuracy, completeness, and timely delivery.
• Manage audit and tax workflows by reviewing financial reports, coordinating with external auditors and tax preparers to resolve discrepancies, and collaborating with the Controller for final approval to ensure accuracy and compliance.
• Approve reserve draw packages and oversee draw processing to ensure timely and accurate completion in accordance with policy.
• Lead the onboarding of new properties within the region, ensuring accurate opening financial entries aligned with prior reports, proper debt setup, bank account establishment, and clear reporting expectations. Collaborate with other Client Management teams to ensure a comprehensive and successful onboarding process.
• Renew management certifications to meet fee targets, coordinating with the Controller and corporate operations teams to address fee restrictions and pursue adjustments as needed.
• Prepare surplus and excess cash calculations in accordance with partner and regulatory standards, including monitoring and communicating projections of nonprofit residual receipts.
• Ensure the completeness and accuracy of portfolio debt management systems.
• Oversee accounting review of capital project workflows, ensuring a clear understanding of project cash needs, funding sources, and timing.
• Stay current on HUD, lender, and owner requirements, ensuring team compliance with local, state, and federal financial regulations and reporting standards.
• Identify financial trends and provide actionable insights to improve property performance.
• Collaborate with the Controller and regional teams to support organizational initiatives, conduct root-cause analyses, and develop policies, procedures, and training programs.
• Routinely handle confidential financial information related to CCIs business activities, ensuring all information is managed appropriately in compliance with federal, state, and local laws, regulations, and company policies.
Requirements:
• Bachelors degree or equivalent experience in Accounting, Finance, or a related field.
• 8 years of accounting experience, preferably in property management, with at least 3 years in a supervisory or management role.
• Familiarity with HUD requirements, affordable housing programs (eg LIHTC), and property-specific accounting practices.
• Demonstrated leadership and team management skills.
• Experience managing audits and tax return preparation is preferred
You must have:
• Willingness to work in Pacific Time (PST) shifts.
• Experience with Yardi, AppFolio, or QuickBooks is an advantage.

Keyskills :
client managementteam managementfinancial reporting