Full-Time

Senior Manager

Outsourced Real Estate Accounting

Confirmed live in the last 24 hours

Armanino

Armanino

1,001-5,000 employees

CPA and consulting services provider

Compensation Overview

$140k - $183k/yr

+ Discretionary Long-Term Financial Incentive Plan

Senior, Expert

Los Angeles, CA, USA + 4 more

More locations: Dallas, TX, USA | Chicago, IL, USA | New York, NY, USA | Denver, CO, USA

Category
Real Estate
Real Estate Development
Real Estate Finance
Real Estate Property Management
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • Bachelor's degree in Accounting, Finance, or a related field. CPA designation strongly preferred.
  • Minimum of 7-10 years of progressive accounting experience, with at least 3-5 years in a management or supervisory role within real estate accounting or an outsourced accounting firm serving real estate clients.
  • Demonstrated expertise in commercial and/or residential real estate accounting, including property management, development, acquisitions, dispositions, and fund accounting.
  • Strong knowledge of U.S. GAAP and real estate specific accounting principles (e.g., revenue recognition, fixed assets, lease accounting).
  • Advanced proficiency with real estate specific accounting software (e.g., Yardi, MRI, AppFolio).
  • Exceptional analytical, problem-solving, and organizational skills with meticulous attention to detail.
  • Proven ability to manage multiple priorities, meet tight deadlines, and thrive in a fast-paced, dynamic environment.
  • Excellent written and verbal communication skills, with the ability to articulate complex financial information clearly to clients and internal stakeholders.
  • Strong leadership capabilities with a track record of developing and motivating high-performing teams.
  • Proficiency in Microsoft Excel (advanced functions, pivot tables) and other Microsoft Office Suite applications.
Responsibilities
  • Act as the primary point of contact and trusted advisor for multiple real estate clients, fostering strong, long-term relationships.
  • Understand client specific needs, investment strategies, and reporting requirements (e.g., private equity, joint ventures, REITs, property management).
  • Lead client meetings, present financial results, and provide actionable insights and recommendations.
  • Onboard new clients, assess their accounting processes, and implement efficient transition plans.
  • Identify opportunities for process improvement and value-added services for clients.
  • Oversee the end-to-end accounting cycle for real estate portfolios, including general ledger, accounts payable, accounts receivable, cash management, and bank reconciliations.
  • Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements for various real estate entities (e.g., properties, funds, management companies).
  • Manage and review complex real estate specific transactions, including acquisitions, dispositions, refinancings, development costs, tenant improvements, and lease accounting (ASC 842/IFRS 16).
  • Oversee fixed asset management, including capitalization, depreciation, and impairment analysis.
  • Ensure proper accounting for investor capital calls, distributions, and waterfall calculations.
  • Review and approve journal entries, reconciliations, and financial reports prepared by the team.
  • Lead month-end and year-end close processes, ensuring adherence to strict deadlines.
  • Prepare and deliver comprehensive financial packages, including income statements, balance sheets, cash flow statements, and budget-to-actual variance analyses.
  • Develop and implement custom financial reports, dashboards, and KPIs tailored to client needs and investment structures.
  • Assist clients with budget and forecasting processes, providing guidance and analysis.
  • Ensure compliance with GAAP (Generally Accepted Accounting Principles) or IFRS, and specific industry regulations.
  • Support audit processes by liaising with external auditors and providing necessary documentation and explanations.
  • Assist with financial data for loan covenants and other compliance requirements.
  • Lead, mentor, and manage a team of outsourced accounting professionals (e.g., Staff Accountants, Senior Accountants, Supervisors).
  • Provide guidance, training, and performance feedback to ensure high-quality work and professional growth.
  • Optimize team workflows, processes, and technology utilization to enhance efficiency and accuracy.
  • Participate in recruitment, selection, and onboarding of new team members.
  • Foster a collaborative and high-performing team environment.
  • Proficiency in industry-specific real estate accounting software (e.g., Yardi, MRI, AppFolio, RealPage, Sage Intacct, Entrata).
  • Leverage and implement accounting technology solutions (e.g., automation, OCR, AI) to streamline processes and improve data integrity.
  • Assist clients with accounting system conversions and upgrades.
  • Maintain and improve internal controls within the outsourced accounting framework.
Desired Qualifications
  • Experience with complex entity structures (e.g., joint ventures, partnerships, tiered structures).
  • Knowledge of tax compliance related to real estate entities.
  • Experience with financial modeling and forecasting.
  • Public accounting experience, especially with real estate clients.

Armanino is a CPA and consulting firm that offers a wide range of services, including audit, tax, and business consulting. Their approach involves on-site partner involvement and a focus on deep industry expertise, which allows them to provide personalized attention to their clients. Unlike larger firms, Armanino aims to serve companies that are seeking alternatives to the Big Four accounting firms or those that have outgrown their local CPA. They are committed to community engagement and operate as a Green Certified business. Armanino's goal is to deliver value and proactive counsel to both private and public companies, ensuring they meet their business needs effectively.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

San Ramon, California

Founded

1969

Simplify Jobs

Simplify's Take

What believers are saying

  • Recent acquisitions in Utah and NYC expand Armanino's market presence and client base.
  • The firm's commitment to diversity is evident in its 2024 partner class composition.
  • Armanino's AI and automation services align with growing demand for tech-driven accounting.

What critics are saying

  • Integration challenges from acquiring Cooper Savas may affect client service continuity.
  • Expansion into India may face cultural and operational challenges impacting efficiency.
  • Competition in AI services from firms like Deloitte and PwC could challenge Armanino.

What makes Armanino unique

  • Armanino's Audit Ally tool automates SOC 2 examinations, enhancing efficiency and transparency.
  • The firm offers AI-driven solutions tailored for family offices, bridging tech gaps.
  • Armanino's Fund Administration Services provide comprehensive solutions for private equity and real estate.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Flexible Work Hours

401(k) Company Match

Profit Sharing

Wellness Program

Parental Leave

Paid Holidays

Company News

CPAPracticeAdvisor
May 15th, 2025
Armanino Snaps Up Cooper Savas in Utah

The private equity-backed top 20 firm has entered the Utah market by acquiring Cooper Savas, a full-service public accounting firm based in Salt Lake City.

Business Wire
May 1st, 2024
Armanino Announces Advanced Ai And Automation Services To Bridge The Tech Gap For Family Offices

SAN RAMON, Calif.--(BUSINESS WIRE)--Armanino LLP (Armanino), a top 20 national accounting and consulting firm, introduces a suite of artificial intelligence tools and time-saving automated solutions to drive efficiency and high-quality service for family offices. To spearhead this initiative, John Stewart, Partner and Strategy Transformation leader at Armanino, joins the Family Office leadership team, co-leading alongside Chris Mays, Partner at Armanino. Together, they will direct the implementation of Armanino’s new AI and automation services to support family offices across the country. “Family offices, while small and nimble, often struggle with the advanced tools or expertise needed to transform their operations, reduce manual tasks, and ultimately enhance how they scale and manage their clients,” Stewart said. “Now we can offer our technological prowess and deep industry knowledge to bridge this critical gap for our clients as they grow and professionalize their own services.”. Armanino’s family office digital transformation capabilities now include:

Business Wire
Apr 9th, 2024
Armanino Introduces Advanced Fund Administration Services To Enhance Private Equity And Real Estate Fund Management

SAN RAMON, Calif.--(BUSINESS WIRE)--Armanino LLP (“Armanino”), a top 20 national accounting and consulting firm, announces the expansion of Armanino’s Fund Administration Services (AFA) to provide comprehensive fund administration solutions to private equity and real estate investment firms–streamlining operations and enhancing investor confidence by integrating cutting-edge technology, expert financial insights, as well as rigorous updated procedures.Fund managers need sophisticated reporting and back-office support, yet often face constraints like high implementation costs and a lack of in-house technical expertise. Internal teams, overwhelmed and often understaffed, struggle to coordinate multiple providers and fulfill specialized tax and audit requirements as an extension of their teams. The ongoing consolidation in the fund administration space only further complicates matters, creating constant change and significant headaches for management teams.In this environment, time- and resource-strapped fund managers must still aggressively minimize risk and adhere to complex laws and regulatory guidelines. They must also deliver the strategic support and scale that firms need to achieve growth. AFA seeks to solve these pain points through one holistic solution, backed by the expertise and technology that Armanino offers.“The need for comprehensive, sophisticated fund administration has never been greater,” says Jason Gilbert, Partner and Fund Administration Practice Leader at Armanino. “This platform is more than an individual service; it's an advanced one-stop-shop solution designed to offer customizable and scalable capabilities to meet any firm’s specific needs, while allowing them to focus on raising capital and putting money to work, not worrying about the technicalities of reporting, tax and compliance.”AFA services are tailored to directly address these challenges for private equity and real estate fund managers

Business Wire
Mar 27th, 2024
Armanino Appoints Shrenik Shah As Managing Director To Spearhead Armanino’S India Office

SAN RAMON, Calif.--(BUSINESS WIRE)--Armanino LLP (Armanino), a top 20 national accounting and consulting firm, today announced it has hired accounting industry veteran, Shrenik Shah, as Managing Director. This hiring will directly support Armanino's ambition to provide clients with a global talent pool and act as the anchor in the firm’s India office. Shah joined in January and is now spearheading the India office recruitment and key office initiatives. Shah, a seasoned professional with over two decades of experience in accounting and consulting, will play a pivotal role in identifying and spearheading strategic growth initiatives, recruiting talent and developing the firm’s office to enhance the services Armanino provides to its clients. Shah joins Armanino after previously leading Citrin Cooperman’s India office, where he successfully scaled their initiative from launch to over 300 employees. “Armanino’s India office is designed to be an extension of our US footprint delivering the same level of quality, client-focused service we’re known for today,” says Matt Armanino, CEO of Armanino

Business Wire
Feb 6th, 2024
Armanino Earns Ninth Consecutive Best Of Accounting® Award, Fifth Consecutive Diamond Award From Clearlyrated For Outstanding Client Satisfaction

SAN RAMON, Calif.--(BUSINESS WIRE)--Armanino LLP, one of the 20 largest accounting and business consulting firms in the U.S., proudly announces its remarkable achievement in placing on ClearlyRated’s Best of Accounting® Award, receiving a Net Promoter Score (“NPS”) of 56. This score surpasses the average accounting industry NPS by a margin of 15 points. This is the firm’s fifth consecutive year as a Diamond Award recipient, recognizing Armanino’s consistent placement on the Best of Accounting list. The firm achieved its score with nearly three-quarters of its clients rating Armanino with a nine or higher on a 10-point scale. "We are absolutely thrilled with our outstanding Net Promoter Score and continued ranking on this list," said Matt Armanino, CEO at Armanino LLP. "It reflects our relentless dedication towards providing unparalleled service quality backed by deep expertise across all aspects of accounting and business consulting