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SalaryAbout the Company
Flow aims to create a superior living environment that enhances the lives of our residents and communities by developing, acquiring, owning, and managing multifamily apartment buildings and the services and technology inside those buildings.
Fulfilling our mission will require an exceptional group of people whose collective output is greater than the sum of its individual parts. Our team members are energized by the opportunity to impact our residents’ lives in meaningful ways. They are bold and creatively ambitious, driven by relentlessly high standards, act with a sense of urgency and accountability, and always, above all, operate with integrity, loyalty, and trust.
About the Role
The Property Accounting Manager is responsible for overseeing and managing the financial operations of Flow’s Real Estate properties. This role ensures accurate and timely financial reporting, analysis, and compliance within the company’s real estate portfolio
This position is based in our NYC office with an expectation of an onsite presence five days per week.
Responsibilities
- Oversee and manage full Property Accounting month-end close process and support Flow’s overall accounting month-end close process from beginning to end
- Compile, analyze, and track financial data by performing detailed reviews of monthly property owner reports
- Develop and maintain relationships with the company's internal and external property managers
- Work with auditors for interim and year end audits
- Internally own tax preparation for real estate entities and coordinate with third party tax advisors
- Run cash forecast model and monitor cash flow in partnership with other members of the finance team
- Assist in budget preparation and review
- Understand and manage payment of loans and loan compliance
- Oversee retail tenant escalation calculations, including CAM, taxes, and other operating expenses
- Troubleshoot issues and ensure internal client requests are handled on time, accurately, and with a focus on customer service
- Coordinate with property management teams to resolve tenant billing and collection issues
Ideal Background
- Bachelor’s degree in accounting or finance
- 7+ years of accounting experience or an equivalent combination of education and experience, with some experience in real estate accounting and analytics
- Proficiency with Excel, G-Suite, Yardi, Netsuite/Intacct a plus
- Ability to communicate clearly and concisely and good presentation skills both written and verbal
- Knowledge of Generally Accepted Accounting Principles (GAAP) for real estate property
- Knowledge of real estate terms, definitions, and real estate analytical methodology
- Ability to multitask, prioritize, and meet deadlines in a fast-paced environment
Benefits
- Fully employer-paid benefits (Medical / Dental / Vision / Disability / Life)
- Paid time off and 13 paid holidays
- 401(k) retirement plan
- Healthcare and Dependent Care Flexible Spending Accounts (FSAs)
- Pre-tax commuter benefits
- Employee Assistance Program (EAP), free therapy through SpringHealth, acupuncture, and other wellness offerings
Flow is proud to be an equal opportunity workplace and hires regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity and/or expression, pregnancy, Veteran status any other characteristic protected by federal, state or local law. In addition, we provide reasonable accommodation for qualified individuals with disabilities.
