Join the fastest growing property management company in Michigan as a Lead Portfolio Accountant!

Ranked the 6th fastest growing Metro Detroit company by Crain’s, LR Management is made up of a group of talented, goal-focused individuals who take immense pride in their work every day. We professionally manage multifamily housing communities, with a focus on creating value, delivering excellent customer service, and beating financial expectations.

This is an in-office position. We are seeking an experienced and detail-oriented Lead Portfolio Accountant to join our Property Management company. The Lead Portfolio Accountant is responsible for managing all aspects of our properties’ financials, including preparing budgets, reconciling workpapers, completing bank reconciliations, reviewing variances, and preparing monthly financial packages. Responsibilities also include preparing reserve draws, responding to lender and client inquiries, managing cash, and booking journal entries. This is a hands-on role without much expected delegation.

The ideal candidate will have several years of financial accounting experience, excellent organizational skills, and the ability to work in a fast-paced environment. This is a great position for someone seeking career growth by going beyond just accounting and taking responsibility for all aspects of your designated portfolio’s financials, reviewing financial trends and maximizing financial performance.

Compensation is very competitive. You will be working directly with the Chief Financial Officer, who will train you in company-specific processes and provide support and mentorship to help you succeed.

LR Management offers an outstanding total compensation package including:

• Competitive compensation
• Health, vision, and dental benefits
• A wide selection of voluntary benefits to meet employees’ individual needs
• 401(k) with company match
• 15 days of accrued PTO per year
• On property employee housing discount (available for specific positions/locations and after completing 90 days of employment)
• Employee training and certification assistanc
• Career growth opportunities

Responsibilities include, but are not limited to:

• Month-end and year-end closing activities, including reconciliations, journal entries, variance analysis, and financial reporting
• Preparing draws for lender-held funds
• Preparing annual budgets 
• Preparing and analyzing various reports for efficiencies and as request by ownership
• Responding timely to ownership and lender inquiries
• Analyzing cash availability for cash disbursements 
• Preparing proformas for future acquisitions
• Leading financial meetings to discuss financial performance of each property
• Other tasks that arise that require financial knowledge

Qualifications include, but are not limited to:

• Bachelor’s degree in Accounting
• Minimum of 2 years of financial accounting experience, ideally with public accounting
• Strong knowledge of accounting principles and practices, including GAAP
• Proficiency in preparing workpapers and reconciling balance sheet accounts 
• Excellent analytical, problem-solving, writing, and communication skills
• Ability to work independently, prioritize tasks, and meet deadlines 
• Detail-oriented with high accuracy in data entry and record-keeping
• Strong interpersonal skills and ability to communicate effectively with internal and external stakeholders\
• Experience with real estate accounting is a plus but not a requirement