Director, Portfolio Finance & Accounting

About Elevate Property PartnersElevate Property Partners is a nationally recognized real estate investment and management firm focused on delivering value across multifamily communities. We are committed to innovation, operational excellence, and creating long-term growth for our residents, partners, and team members.Opportunity OverviewPartner with Ownership, Asset Management, and third-party Operators to deliver accurate financial reporting, cash flow management, and strategic oversight across a growing multifamily portfolio. Reporting to the Senior Vice President, this role serves as the primary finance and accounting point of contact for all portfolio assets — managing cash flow projections, supervising accounting staff, coordinating with lenders, and driving process improvements across a dynamic, growth-oriented environment.Responsibilities & DutiesCash Flow & Financial ReportingReview monthly financial statements and key balance sheet reconciliations prepared by third-party Operators; follow up directly on discrepanciesPrepare and maintain monthly cash flow models for multiple assets and rolling projections forward multiple months to forecast capital contributions from various capital partner fund structuresCoordinate quarterly capital contributions with multiple stakeholders within fund ownership structureAnticipate and resolve questions related to projections from Asset Management and fund management divisionsReview revenue, operating expenses, debt service, taxes, insurance, and capital project projections for accuracy and cash basis timing alignmentMaintain distribution reports and coordinate cash distributions to capital partners for assets generating returnsCoordinate with Treasury personnel to understand working capital balances across multiple assets, requiring knowledge base of Treasury conceptsAssist in the preparation of budgets, focused on non-operating expenses and cashflow impactsLender & Escrow ManagementOversee third-party Operators lender draw preparation processesLead lender reserve draw processes — administer draw schedules, reconcile supporting documents, and coordinate receipt of capital project reimbursements at least quarterlyReconcile tax, insurance, and other escrow accounts to ensure adequate funding; request release of excess cash when accounts are overfundedSupervision & SupportOversee Sr. Portfolio Accountant responsibilities, work product, and professional developmentProvide technical accounting guidance to in-house accountants and third-party OperatorsConduct monthly/quarterly review calls with all Operators covering financial data accuracy and overall process/procedure/policy adherenceServe as audit and tax point of contact, including preparation of annual workpapers and draft reports for year-end tax returns and external auditsDevelop and enforce cash management and balance sheet reconciliation SOPs across all Operators; train teams and recommend process improvementsAssist the SVP with ad hoc projectsQualificationsBachelor’s degree in Accounting or Finance required; Master’s degree/MBA preferredCPA preferred4+ years of prior Real Estate property-level accrual basis accounting2+ years of prior Real Estate ownership/fund-level accounting2+ years of management experienceMultifamily property accounting experience preferredProficiency in Microsoft Excel and strong financial modeling skillsExperience with Yardi, Entrata, and/or RealPage property management software preferredExperience analyzing cash flow projections and financial statements for reasonableness and accuracyExperience working closely with Asset Management and FP&A divisionsHighly motivated self-starter who a successful track record of managing multiple assignments and meeting deadlines in a fast-paced environment