Accounting Director jobs in Virginia Beach, VA

Job Summary: The Director of Property Accounting will function as the controller and will have day-to-day responsibility for overseeing the accounting of the property portfolio utilizing US GAAP in a deadline-driven environment. The focus of the role will be to provide leadership and direction in the daily activities of the property portfolio and direct initiatives to improve the quality and efficiency of the property accounting group. This group is responsible for the accounting of more than 50 operating properties, including coordination and issue resolution with third-party property managers and internal asset managers. Armada Hoffler’s growth necessitates scaling the breadth and depth of the work of this accounting group.
Key Responsibilities:

• Oversee the daily accounting and reporting of the property portfolio.
• Lead and develop property accountants, establishing performance objectives and goals for each team member to increase the operational excellence of the property accounting function.
• Maintain a strong internal control structure. Improve processes to maintain quality and improve efficiency.
• Manage the financial reporting system used in the preparation of property financial reports to ensure data integrity, operating efficiencies, timeliness of data imports, and accuracy.
• Assist or lead in special projects to improve the department’s operations and serve the needs of asset managers.

• Coordinate with accounting staff, third-party property managers, and asset management to ensure timely and accurate reporting of financial statements and operating metrics.
• Oversee the preparation of quarterly property analytical reviews, including a review of operating results with asset managers and executive management.
• Coordinate accounting and reporting for stand-alone property financial statements, including joint venture entities. Lead and manage the audit process for stand-alone financial statements as applicable.
• Assist the financial reporting team with external auditors during annual audits and quarterly reviews, including completing required work papers, and SOX documentation.
• Lead the preparation and review of property financial information for SEC filings and investor presentations. Review deliverables to ensure that work is consistent, accurate, and adheres to regulatory/department policies and procedures.

Minimum Qualifications:

• BS in Accounting.
• CPA license in Virginia.
• 6-10 years of experience, consisting of public accounting and/or real estate industry accounting.
• Experience with oversight and/or review of property bookkeeping and accounting, including interfacing with property management personnel.
• Experience leading a team of 3-10 individuals of diverse backgrounds, personalities, and skill sets.
• Understanding of US GAAP accounting standards applicable to the real estate industry.
• Familiarity with partnership/joint venture accounting.
• Expert with MS Excel software, intermediate with other MS Office software.
• Project management experience.
• Excellent written and verbal communication skills with the ability to work professionally with colleagues at all levels, including the CFO and President of Asset Management.
• A propensity to roll up one’s sleeves and do the work that needs to be done.

Additional Preferred Qualifications:

• Experience with REITs.
• Experience implementing ERP and/or property management software.
• Yardi software experience.
• Experience with SEC financial reporting

Physical Demands and Work Environment:
While performing the duties of this job, the employee will work inside an office environment and is required to use hands and fingers to handle, feel or operate objects, and reach with hands and arms. The employee is frequently required to sit, stand, walk, talk, and hear. Specific vision abilities required by this job include close vision, peripheral vision, and the ability to adjust focus. Employee may occasionally lift and/or move up to 10 pounds. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Armada Hoffler offers competitive salaries, excellent benefits, and a professional and stimulating work environment. Furthermore, we are an equal opportunity employer a nd afford equal employment opportunities to employees and applicants without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We provide a smoke-free and drug-free workplace and participate in E-verify.
The successful candidate must pass pre-employment and random drug screens, a background check and a credit check.

Job Type: Full-time