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Property Accounting Manager

  • Detroit, Michigan, United States of America
  • FullTime
a man and woman walking in front of a white board with sticky notes

Description

About Bedrock

Bedrock is a full-service real estate firm specializing in innovative city building strategies. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $7.5 billion to acquire, develop and operate more than 140 properties in Detroit and Cleveland with landmark developments at the Hudson’s Site, Book Tower, City Modern, Tower City Center and the May Company Building.

Bedrock’s projects include new construction, adaptive reuse and a portfolio totaling more than 21 million square feet of office, retail, residential, industrial, hospitality and parking.

For additional information about Bedrock, please visit bedrockdetroit.com, bedrockdetroit.com/careers/, and engage with us on Facebook, Instagram, Twitter and LinkedIn.

POSITION SUMMARY

This position is responsible for all the accounting functions of a portfolio of properties. The accounting functions include but are not limited to daily review/approvals of invoices, financial analysis, budget preparation, month-end close, and reporting. This position will also work closely with the lead staff accountants to ensure all accounts are current and deliverables are met, internal leadership as necessary, and internal/external stakeholders to provide service and alignment with department workflows.

ESSENTIAL FUNTIONS

  • Directs oversight of all accounting needs for a portfolio of properties, including daily review/approvals of invoices, monthly close, reporting preparation, financial analysis, budget preparation, etc.

  • Leads Property Accountants, overseeing and ensuring timeliness and accuracy for their deliverables

  • Cascades communication from senior accounting leadership, including the development and implementation of policies and procedures that ensure the adequacy of internal controls, safekeeping of assets, efficient operations, and compliance with GAAP (Generally Accepted Accounting Practices) accounting rules, as appropriate

  • Performs detailed review of General Ledger accounts, CAM Reconciliations, financials, and supporting documentation on entities to ensure the accuracy of reporting

  • Sets and updates forecasts and budgets as well as provides detailed explanations of deviations from budget

  • Evaluates internal controls and business processes to identify process improvements; Recommend technology-focused solutions to enable people and system scalability

  • Reviews complex reconciliations and complete simplified reconciliations for audits

  • Ensures transactions are in accordance with applicable authority, policies, and procedures and recorded consistently

  • Updates and prepares annual depreciation and amortization schedules

  • Supports the development of long-term strategies for the growth and maintenance of resources

  • All other duties as assigned

LEADERSHIP ATTRIBUTES

  • Drives the Culture: Communicates the culture’s value to team members and holds them accountable to living it every day

  • Develops People: Set clear expectations, deliver timely and effective feedback, and encourage team members to develop their talents

  • Builds Trust: Demonstrate a high degree of integrity by honoring commitments, telling the truth, and respecting confidentiality appropriately

  • Thinks Strategically: Clearly understand the business, lead the team through the problem-solving process, and work on the business not just in the business

  • Communicates Effectively: Recognize how words, tone, and physiology impact results, then adapt accordingly to gain buy-in and alignment for the team’s and organization’s vision

POSITION REQUIREMENTS

  • Bachelor’s degree in accounting, business administration, or equivalent degree or equivalent education, training, and experience (required)

  • Approximately 5-10 years of accounting-related experience or similar industry (required)

  • Minimum of 5 years of management or leadership experience (required)

  • Experience in real estate (desired)

  • Specialized experience or certification, license, or advanced degree in area of expertise (desired)

POSITION QUALIFICATION

  • Ability to problem-solve at an advanced level

  • Ability to perform tasks by interpreting and analyzing established procedures

  • GAAP Knowledge

  • Ability to cooperatively and jointly work with internal/external stakeholders to provide quality service and streamline workflows

  • Ability to pay attention to details

  • Ability to communicate verbally and in writing

  • Ability to plan, coordinate, follow through, and organize work projects to ensure efficiency

  • Ability to work under the pressure of deadlines

  • Ability to multi-task

  • Analytical skills

  • Leadership skills

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities and may be modified periodically.

Disclaimer

This job description should not be construed as an exhaustive list of duties and responsibilities performed by persons assigned to this classification. It is not intended to limit or in any way modify the right of any supervisor or manager to assign, direct and control the work of employees under his/her supervision. All principal duties and responsibilities of this position are essential functions of the position. Job descriptions are reviewed on a regular basis and may be revised at any time. Revisions will be communicated to employees within the classification. This job description does not constitute a contract of employment; therefore, the company may exercise its employment-at-will rights at any time.

Bedrock is an equal-opportunity employer.

Rocket Mortgage, backed by Rocket Companies®, means more opportunities for you to carve your own career path forward. From our desire to revolutionize the way people get mortgages to addressing challenges big or small with outside-the-box solutions, we’re not your typical employer. We’ll provide you with everything you need to make sure you’re successful here. 

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