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At oWOW, we’re on a mission to transform how multifamily housing comes to life.
As a vertically integrated real estate company, we unite real estate development, architectural design, R&D in building components and software development under one roof.
Our team has worked on groundbreaking projects, including the tallest mass timber building on the West Coast, the first mass‑timber multifamily building in San Francisco.
Today we’re on track to develop 2000+ affordable housing units across the state of California.
Accounting Manager
Position: Full-Time
Location: On-Site
About oWOW
At oWOW, we’re on a mission to transform how multifamily housing comes to life.
As a vertically integrated real estate company, we unite real estate development, architectural design, R&D in building components and software development under one roof.
Our team has worked on groundbreaking projects, including the tallest mass timber building on the West Coast, the first mass‑timber multifamily building in San Francisco.
Today we’re on track to develop 2000+ affordable housing units across the state of California.
The Role
Own the accounting operations for a multi‑entity real estate development platform. You’ll lead month‑end close, project/job‑cost accounting, cash and debt compliance, and investor/lender reporting—building tight controls and clear, decision‑ready reporting for executives and project leaders.
What You’ll Do
- Month‑End Close & GL
- Manage a 10‑business‑day close across multiple entities/SPVs; maintain the chart of accounts and closing checklist.
- Prepare/review journal entries, accruals, intercompany eliminations, and all balance‑sheet reconciliations.
- Manage multi‑entity balance sheet, income statement, and cash flow statement consolidations
- Maintain fixed assets and CIP → placed‑in‑service transfers; run depreciation and amortization.
- Project / Job‑Cost Accounting
- Set up projects, budgets, and cost codes; track commitments, change orders, retainage, and cost‑to‑complete/WIP.
- Enforce capitalization policies (soft vs hard costs), interest capitalization, and overhead allocations.
- Prepare monthly lender draw packages (backup, lien waivers, COIs).
- Cash, AP, and Treasury
- Oversee cash positioning, wires/ACH, vendor terms, and payment runs; ensure 1099 compliance.
- Monitor debt covenants and borrowing bases; coordinate capital calls and distributions.
- Coordinate monthly forecasting updates with departments heads; consolidate to a company master forecast; convert to cash‑basis to perform monthly treasury analysis
- Reporting & Analytics
- Deliver monthly project BvA (budget vs actuals), KPI dashboards, and executive packets; provide variance analyses with clear narratives.
- Prepare lender and investor reporting calendars and monthly financial reporting packages
- Provide support for board materials, as needed.
- Systems, Controls, and Process Improvement
- Administer accounting/ERP and job‑cost systems; strengthen internal controls and documentation.
- Drive automation (imports, integrations, checklists) and standardize SOPs (standard operating procedures).
- Team Leadership
- Supervise and develop 1–3 staff accountants/AP specialists; set priorities and review work products.
Minimum Qualifications
- Experience: 4–7+ years total; 2+ years in real estate development or construction accounting preferred, but not required.
- Technical: Job costing/WIP, draw packages, retainage, change orders, commitment‑tracking, multi‑entity close, intercompany eliminations
- Software: Proficiency with Yardi (or similar accounting software), Ramp (or similar expense management platform, Excel or Google Sheets
- Work Style: Detail‑driven, organized, and deadline‑reliable; comfortable in a lean, fast‑moving environment. Ability to adapt and be flexible under changing environments. Team‑player with strong collaboration skills.
Work Environment, Salary, Benefits
- 5 days per week in‑office, open office environment
- Base salary range: $95,000 - $110,000, depending on experience, plus bonuses and project promote
- Standard health/dental/retirement benefits.
- Company provides lunch Mon‑Thu
Apply Now!
Please send your resume and a short note about what you’re passionate about and why you believe you’ll excel in this role to this email: accounting@owow.com.
At oWOW we don't discriminate based on race, color, religion, sex (including gender identity, sexual orientation, and pregnancy), national origin, age, disability, or genetic information.