Live opening · Posted 17 hours ago
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About the role
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BB Living Overview
BB Living (“The Company”), founded in 2012, has been at the forefront of the rapidly growing single-family “build to rent” asset class since the beginning. The Company has grown from a niche investment driven by impacts of the Great Financial Crisis to a well-capitalized, highly attractive, stabilized business with a presence in the top markets and communities across the United States and a reputation as the leader in the “build to rent” asset class.
After successfully identifying the market demand for new, three (3) and four (4) bedroom rental homes, BB Living built 1,000 homes in Metro Phoenix between 2012-2018. In late 2018 BB Living partnered with a public homebuilder to expand the “build to rent” strategy nationwide. Through this partnership, BB Living has established itself as the best-in-class “build to rent” developer and operator, the preferred rental home provider of top master planned communities and developers across the country, with a presence in the fastest growing and most desirable markets throughout the US.
Leveraging our track record and vertically integrated team, The Company has elevated the quality of its portfolio relative to other single-family rental and “build to rent” operators.BB Living continues to grow, expanding its presence in new and existing markets through a robust acquisitions pipeline providing continued growth opportunities for The Company.
Opportunity Summary
BB Living is seeking a Senior Property Accountant to join the accounting team of a rapidly growing company (“the Company”) in the single-family “Build to Rent” industry, based in Scottsdale, Arizona. The Company has a partnership between BB Living and a large private equity institution. It is well capitalized and growing across multiple markets throughout the United States.
The ideal candidate has 3-4 years of accounting experience, preferably in the multi-family property management industry. This role will be responsible for overseeing property management financial records and reports, performing variance analysis, managing the properties through the month-end close process, contributing to the budgeting process, and assisting with the annual audit. To succeed as a property accountant with BB Living, you should be able to multi-task in a fast-paced, deadline driven environment, while paying high attention to detail. The ideal candidate will have excellent communication, organizational, and analytical skills. Candidates must be team players, self-starters, comfortable working in a collaborative environment and focused on contributing to the continuous improvement in accounting processes.
Responsibilities:
Manage third party property management accountants through the month-end close process
Review general ledger activity and ensure accurate property-level accounting
Ensure compliance with GAAP and company accounting policies
Monitor budget vs actual results and investigate any significant variances
Give directives to property management accountants on needed adjustments
Monthly recalculation of revenue and expense amortization and accruals to ensure accuracy
Monthly expense deep-dive
Review monthly reporting packages for 17 properties
Work with property accountants to forecast cash and suggest monthly distributions
Support annual audit for related properties
Collaboration with investment management team on annual budgeting process
Develop and document policies and procedures for corporate property accounting month end close process to work in tandem with property management month end close process
Work with property management companies and asset management teams to on-board new properties
Act as liaison between corporate accounting, corporate leadership, and property management
Requirements:
Bachelor’s degree in accounting or finance or equivalent experience
At least 3-4 years of experience in property accounting
Experience with property management software such as Real Page or Yardi is highly desirable
Advanced proficiency in Microsoft Office (Word, Excel) and AI tools
Strong communication skills, both written and verbal
Good problem-solving and time management skills
Highly organized with great attention to detail
Ability to collaborate and work in a team-oriented environment is imperative
We are not seeking assistance from staffing agencies or third-party recruiters for this position. Please do not contact our hiring managers or employees regarding recruiting services. Unsolicited resumes or candidate submissions will not be considered and will not create an obligation for fees.
Employment type
Full-Time
Work arrangement
No
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