Job Description
Looking for an opportunity with a dynamic, fun, and goal-oriented company? Were growing quickly and were looking for some not-so-typical talent to join our team.
Progress Residential is one of the largest providers of high-quality, single-family rental homes in the United States. With more than 75,000 homes across some of the fastest-growing markets, our residents appreciate the flexibility, freedom, and convenience of living in a single-family home without the obligations of home ownership.
Progress is committed to making the home rental process easy and enjoyable for the 100,000+ residents we serve by empowering our team members and investing in innovative systems and technology. Our portfolio has continued to grow substantially the past few years and we see increasing demand for professionally managed single-family rental homes and anticipate continued growth.
Employment with Progress Residential is conditional on a satisfactory background and drug screen as well as submitting proof satisfactory to Progress Residential that you are fully vaccinated against the Corona Virus COVID-19 disease, subject to any accommodations granted by Progress Residential based on disability or religion or as applicable by state law.
Text ProgressJobs to 25000 and you can chat with our Recruiting Assistant Kate who can help you find jobs, apply for jobs and answer your questions.
Position Summary
The Director Lender Reporting will oversee the activities of the Accounting Manager and Lender Reporting Team to ensure the timely, accurate, and efficient production of standard and custom reports based on lender requirements, as well as manage frequent ad-hoc requests from internal and external stakeholders. They will develop effective partnerships with the loan servicer, lenders, and internal accounting teams, as well as with financial services and other internal teams throughout the company. He/she will be adept at operating in high-volume, deadline-driven environments and thrive in an entrepreneurial and rapidly evolving atmosphere.
Essential Functions
* Oversee the functions of the Accounting Manager - Lender Reporting, who manages the day-to-day functions of the lender reporting team
* Review trends in periodic covenant calculations (monthly/quarterly) to identify potential risks and resolutions
* Evaluate team workflows to propose and implement improvements in efficiencies
* Monitor team performance, available capacity, and training needs
* Oversee the review of all lender agreements and determine determination of all financial reporting requirements
* Oversee the review of all lender agreements and determine determination of all debt covenant requirements
* Review all new lender reporting templates setup by team
* Maintain effective partnerships with lenders and loan servicers
* Manage frequent requests from the Capital Markets team on new and existing loan facilities
* Manage requests from the lenders and loan servicers on existing loan facilities
* Manage periodic and new requests from Parent Company regarding various loan facilities, financial ratios, and other related items
* Work with various accounting teams on variance explanations
* Maintain best-in-class quality control, ensuring on-time delivery and report accuracy while identifying opportunities for data quality improvement
* Identity and implement ways to standardize and automate reporting
* Manage various, frequent ad-hoc requests as needed
* Manage audit requests, as needed
Qualifications
* Bachelors Degree in accounting/finance required and CPA a plus
* Mix of both public and private accounting background preferred
* 8+years of accounting & reporting leadership experience
* Yardi experience (multi-family) preferred
* Real Estate/Property Management experience preferred
* Working knowledge of Microsoft Excel, Word, and Outlook
* Ability to communicate and present data to key stakeholders at all levels of an organization
* Ability to improve and streamline multiple processes across different functions of department
* Ability to multi-task in a fast-paced environment and manage multiple projects
* Proven problem solving, analytical, troubleshooting and time-management skills
* Exhibit excellent written and verbal communication skills; has ability to convey a clear and concise thought.
* Highly motivated team player
* Ability/experience in working, communicating, and managing a team within a remote environment, if needed
What you can expect from us:
Progress Residential offers all the financial and non-financial incentives you would expect from an innovative real estate investment and management firm:
In addition to outstanding training, we host quarterly summits and town hall meetings to encourage growth, knowledge sharing and a good time. After all, its about progress, not perfection.
We offer competitive compensation, including a performance-based bonus.
Our generous benefits package includes comprehensive healthcare coverage for you and your family, parental leave, paid time off, 10 paid holidays and much more.
Closing Statement:
This summary is not an all-inclusive description of job duties. Other job duties and responsibilities may also be assigned by the incumbents supervisor at any time based upon Company need.
Progress Residential is a proud Equal Opportunity employer, m/f/d/v.