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Director of Accounting

Selby Jennings, San Francisco, CA, United States


Director of Accounting
Commercial Real Estate Investment Firm

Director of Accounting Role Overview
A well‑established, privately held commercial real estate investment firm headquartered in Northern California is seeking a

Director of Accounting

to join its leadership team during a pivotal growth phase. With a diversified portfolio of neighborhood and community shopping centers across the western U.S., this firm is known for disciplined investing, hands‑on asset management, and a long‑term value creation approach.

The firm is currently launching a

private REIT

through the roll‑up of existing single‑asset investments and is seeking a senior accounting leader to help build institutional‑quality infrastructure while remaining hands‑on.

This role is ideal for a seasoned real estate accounting professional who thrives in a transformational environment, enjoys building processes, and can balance strategic leadership with execution.

Director of Accounting Responsibilities
Own GAAP accounting and ensure financial statement integrity across REIT, fund, and operating entities
Lead multi‑entity consolidation related to a newly launched private REIT
Serve as primary liaison with external auditors and third‑party REIT/Fund administrators
Establish GAAP accounting policies, close processes, and internal controls
Lead and develop an existing accounting team (senior‑level and junior staff)
Oversee equity tracking, capital activity, and waterfall calculations
Manage and own first‑time audits and ongoing audit cycles
Partner closely with executive leadership, investors, and internal stakeholders
Improve systems, documentation, and reporting as the platform institutionalizes

Director of Accounting Qualifications/Requirements
10-15+ years of progressive accounting experience
Deep knowledge of U.S. GAAP
Direct experience within real estate accounting (REIT, private equity real estate, or institutional operator)
Proven ownership of external audits (not just audit support)
Experience with complex, multi‑entity consolidations
Strong background in equity structures and waterfall calculations
Big 4 or strong national public accounting experience preferred (Manager / Sr. Manager level or above)
Comfortable operating in a growing, entrepreneurial environment
Strong communicator who can engage effectively with executives, auditors, and investors