Director of Property Accounting
External job listingat Macdonald & Company
Lead property and fund accounting, financial reporting, and day-to-day accounting operations across a multi-entity real estate portfolio.
Salary
Not provided
Location
Washington, United States
Employment type
Full time
Workplace
Not provided
Director of Property Accounting
Washington, United States
Job description
About the role
Macdonald & Company is partnered with a vertically integrated real estate investment, management and development company concentrated in the Washington, DC metropolitan area. The company develops large-scale, institutional-quality projects and owns and manages operating real estate assets. It is one of the largest private landowners of Opportunity Zones in the District of Columbia, with a focus on sustainability, health, wellness, and connection to community and the outdoors.
The company is seeking a Director of Accounting to lead within the accounting department and report directly to the Senior Vice President of Accounting. The role oversees general property accounting, fund accounting, and financial reporting across a multi-entity portfolio, and is accountable for the technical accuracy and timeliness of financial reporting. It also runs day-to-day department operations and provides continuity and institutional knowledge.
Responsibilities
- Oversee general accounting, including intercompany accounting, cash and treasury management, financial reporting, and balance sheet management across properties and opportunity zone investment funds.
- Direct financial report preparation in compliance with company policy, US GAAP, and income tax basis reporting requirements.
- Lead development and maintenance of property- and fund-level waterfall calculations, promote structures, and equity roll-forward schedules.
Requirements
- Deep technical command of real estate fund and partnership accounting.
- Leadership capability to manage a growing team and serve as a close partner to the Senior Vice President of Accounting.
Key facts
- Reports directly to the Senior Vice President of Accounting.
- Oversees general property accounting, fund accounting, and financial reporting across a multi-entity portfolio.
- Requires a deep technical command of real estate fund and partnership accounting.
Estimated salary
Estimated salary for accountant in United States: USD 550 - 16,500 per month, based on 9 CazVid job posts that state their pay. This is an estimate, not the salary offered.
Frequently asked questions
What does the role involve?
It oversees property accounting, fund accounting, and financial reporting across a multi-entity portfolio. It also runs day-to-day accounting department operations.
What accounting expertise is sought?
The ideal candidate has a deep technical command of real estate fund and partnership accounting.
Who does the role report to?
The Director of Accounting reports directly to the Senior Vice President of Accounting.
How much does this job pay?
This listing does not state the pay. As a reference, the estimated salary for accountant in United States is USD 550 - 16,500 per month, based on 9 CazVid job posts that state their pay. This is an estimate, not the salary offered.