Director, Portfolio Finance & Accounting

ABOUT ELEVATE PROPERTY PARTNERS

Elevate 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 OVERVIEW

Partner 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 & DUTIES

Cash Flow & Financial Reporting Review monthly financial statements and key balance sheet reconciliations prepared by third-party Operators; follow up directly on discrepancies. Prepare and maintain monthly cash flow models for multiple assets and rolling projections forward multiple months to forecast capital contributions from various capital partner fund structures. Coordinate quarterly capital contributions with multiple stakeholders within fund ownership structure. Anticipate and resolve questions related to projections from Asset Management and fund management divisions. Review revenue, operating expenses, debt service, taxes, insurance, and capital project projections for accuracy and cash basis timing alignment. Maintain distribution reports and coordinate cash distributions to capital partners for assets generating returns. Coordinate with Treasury personnel to understand working capital balances across multiple assets, requiring knowledge base of Treasury concepts. Assist in the preparation of budgets, focused on non-operating expenses and cashflow impacts. Lender & Escrow Management Oversee third-party Operators lender draw preparation processes. Lead lender reserve draw processes — administer draw schedules, reconcile supporting documents, and coordinate receipt of capital project reimbursements at least quarterly. Reconcile tax, insurance, and other escrow accounts to ensure adequate funding; request release of excess cash when accounts are overfunded. Supervision & Support Oversee Sr. Portfolio Accountant responsibilities, work product, and professional development. Provide technical accounting guidance to in-house accountants and third-party Operators. Conduct monthly/quarterly review calls with all Operators covering financial data accuracy and overall process/procedure/policy adherence. Serve as audit and tax point of contact, including preparation of annual workpapers and draft reports for year-end tax returns and external audits. Develop and enforce cash management and balance sheet reconciliation SOPs across all Operators; train teams and recommend process improvements. Assist the SVP with ad hoc projects.

QUALIFICATIONS

Bachelor's degree in Accounting or Finance required; Master's degree/MBA preferred CPA preferred 4+ years of prior Real Estate property-level accrual basis accounting 2+ years of prior Real Estate ownership/fund-level accounting 2+ years of management experience Multifamily property accounting experience preferred Proficiency in Microsoft Excel and strong financial modeling skills Experience with Yardi, Entrata, and/or RealPage property management software preferred Experience analyzing cash flow projections and financial statements for reasonableness and accuracy Experience working closely with Asset Management and FP&A divisions Highly motivated self-starter who a successful track record of managing multiple assignments and meeting deadlines in a fast-paced environment. R57e80N2Uh