Director of Accounting

Job Description

Director of Accounting: Job Description

Department: Accounting

Reports to: President

FLSA status: Exempt

Supervises others: Yes

We are in search of an accomplished Real Estate professional with a drive for achievement and measurable results. The ideal candidate is deeply committed to customer service, adept at fostering relationships, excels in communication and collaboration, motivates team members, possesses an insatiable thirst for knowledge, and has a natural inclination for financial success embedded in their DNA.

About Us:

Auben Capital Partners stands out as a rapidly expanding Private Equity Investment Firm, specializing in tailored real estate advisory and investment management solutions. Our core mission revolves around making a positive impact on people, property, and places. Recognizing our people as our most valuable asset, we are committed to providing the necessary resources to empower our employees and help them realize their full potential.

Our guiding principles are rooted in integrity, transparency, respect, and creativity, all executed with a profound sense of urgency. These values collectively shape the way we conduct our business. With a substantial transactional volume exceeding $2 billion, including $300 million in assets under management (AUM), our portfolio companies demonstrate significant diversification in real estate markets. They offer innovative solutions to address the objectives of any investment mandate.

Embodying a culture of entrepreneurialism, partnership, and teamwork, our firm fosters an environment where joining individuals have the opportunity to express their thoughts openly and collaborate seamlessly within teams.

Please visit our website at www.aubenrealty.com for more information.

Your Opportunity:

We are growing fast and are looking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package including:

• Medical, Vision and Dental
• 401(K) or Similar
• Vacation, Sick, Personal Time and Company Holidays
  
  

Education Requirements:

• A Master’s degree in accounting, finance, business administration, economics, or equivalent field of study is required
• CPA designation, is preferred
  
  

Key Responsibilities:

Overall responsibilities include the accurate and timely accounting, analysis and financial reporting for the entire portfolio and more specifically:

• Responsible for financial control, including accounting, reporting and production of financial statements for the firm
• Responsible for producing annual budget and strategic business plan
• Review analysis of detailed budget variance reports, income, expense, capital expenditures, leasing costs, NOI and cash flows
• Management of relationships with institutional investors and responsible for related financial reports
• Manage all banking relationships as the central point of contact; reconcile checking/savings accounts
• Work alongside internal investment team and third-party professionals to accurately record all transaction activity related to acquisitions, financings/refinancings, distributions and divestitures
• Manage hiring, retainment, and training of all accounting staff
• Oversee and manage property accountants including review and validation of accounts
• Attend quarterly board meetings and annual shareholder meeting
• Oversee all Accounts Payable, Accounts Receivable and Tenant security deposits
• Oversee and follow up with property management regarding Account Receivable Aging and Collection
• Review and analyze tenant leases
• Account reconciliation, bank reconciliations, ad hoc reporting, analysis and miscellaneous projects
• Process property employees’ payroll and benefits
• Prepare real estate tax, operating expenses, and other escalation/pass-thru billings for tenants.
• Prepare work papers for quarterly sales tax filings
• Maintain General Ledger, process journal entries and make all adjustments to the Financial Statements
• Manage and perform month-end close process including preparation of financial reporting packages and commentary to Managers
• Responsible for quarterly reporting to be submitted investors
• Prepare work papers and work with independent auditors in connection with annual audits
• Ability to handle tight deadlines and attend to other job-related requests as required
  
  

Qualifications:

• Well-versed in financial application systems (preferably AppFolio, YARDI & MRI)
• Experience with a wide range of asset classes
• Experience managing third party vendors (e.g. construction general contractors, tax preparers, auditors), at a real estate company preferred
• Experience managing a team of accountants and related staff, with strong leadership quality and ability to delegate work effectively.
• Strong written and verbal communication skills; ability to present information in a clear and concise manner
• Ability to read and interpret real estate documents, agreements and reports
• Minimum of 7 years of hands-on institutional real estate experience preferred in one or more of the following disciplines: Asset Management, Acquisitions, Underwriting, or Property Management.
• Extensive experience and strong passion for working with institutional quality single family and multifamily investments
• Broad understanding of the operational and investment fundamentals of institutional real estate funds
• Excellent verbal, written and interpersonal communication skills
• Effective organizational and time management skills
• Strong quantitative analysis skills
• High proficiency with Excel, Power BI, Word & PowerPoint
  
  

If you are an experienced Director of Accounting passionate about delivering exceptional service and achieving outstanding results for clients, we invite you to join our dynamic team at Auben Realty.

To apply, please submit your resume along with a cover letter detailing your relevant experience and successes.

Auben employees possess the following Key Core Characteristics:

• Direct, respectful communicators
• Solution and team oriented
• Urgent in action, always accountable to results
• Inclusive and communal
• Underdog DNA
  
  

Our Core Values:

• We are forever learners
• Always intentional and team first
• Humble, yet confident leaders
• Constant seekers of constructive criticism
• We consistently push to completion
• Never deterred by obstacles & interruptions
  
  

DISCLAIMER

The above information is intended to describe the general nature and level of work being performed by people assigned to this job. It is not intended to be an exhaustive list of responsibilities, duties and skills required of personnel so classified. Examples listed do not preclude the performance of other duties similar in nature or in level of complexity.