Property Portfolio Finance Manager

Job description

About Kasa

Kasa is the leading tech-enabled hotel and apartment hotel brand and manager. Kasa has built a hospitality operating system that fundamentally improves the profitability of hospitality assets while delivering a high quality, digitally forward experience to guests. We partner with owners of multifamily and boutique hospitality properties to deliver stylish, professionally managed accommodations to business and leisure travelers alike. We took the best that hotels and short-term rentals had to offer and created a new class of hospitality that is well-priced, reliable, and offers a large selection of great locations.

Unlike traditional hotel operators, we prioritize automation, AI-driven pricing, and data-driven decision-making to optimize revenue and improve guest experiences.

The Role

We are seeking a dynamic and experienced Property Portfolio Finance Manager to lead financial reporting and accounting for multiple properties within Kasa’s growing hospitality portfolio. This role is critical in managing monthly property-level reporting, portfolio-wide financial metrics and reconciliations, intercompany transactions, and cash flow forecasting. The ideal candidate will bring a strong background in hospitality and real estate accounting, exceptional analytical skills, and a collaborative approach to working with cross-functional teams.

About the Team

Kasa’s Finance Team drives market-leading processes, systems, and reporting insights that serve both our property partners and internal stakeholders. With diverse backgrounds in hospitality, real estate, and private equity, the team values innovation and leverages technology and automation to scale our financial operations and deliver data-driven insights. This remote role is part of a small team, which offers high visibility and significant opportunities to make meaningful contributions in a fast-paced, growth-oriented environment.

Day in the Life of a Kasa Property Portfolio Finance Manager

• Prepare and present timely and accurate financial reports for your assigned portfolio of approximately 30 properties, including monthly, annual, and ad hoc financial statements, to internal stakeholders and external partners.
• Own the general ledger for your assigned region, applying critical thinking and decision-making skills to ensure accuracy and integrity in financial reporting. Independently complete higher complexity accounting work.
• Present financial insights and reports to internal and external stakeholders in a clear, actionable manner to facilitate useful discussions and good decisions by the operations and asset management teams.
• Review the preparation of financial statements by the centralized team before distribution to our external property owners, ensuring compliance with management agreements and property application of contract terms.
• Perform variance analysis, trend analysis, and scenario planning to support business decisions across finance, operations, and asset management.
• Sharing the responsibility with other finance leaders, manage and mentor junior accountants in the US and Mexico.
• Ensure our centralized/ offshore teams complete reconciliations related to your properties accurately, including intercompany reconciliations, and ensure our property partners and Kasa are paid timely by assisting the offshore team as needed.
• When you are not in the thick of monthly close and financial reporting, your focus will be process improvement and ad hoc initiatives. You will actively seek opportunities to automate manual processes and contribute to the continuous improvement of our tech-enabled accounting process. You will partner with offshore team members to identify and implement new areas for improvement. You will provide insights and recommendations to drive cost reduction initiatives and optimize resource allocation.
• Build strong relationships with regional teams, acting as a key point of contact for accounting-related matters and ensuring alignment on financial performance. Regularly lead meetings within your assigned region with a focus on financial results.
• Provide a high level of service to property partners and internal teams by delivering timely, thoughtful, and accurate responses.
• Manage cash flow and treasury functions for your portfolio, ensuring timely payments and accurate forecasting.

Experience

• Bachelor’s degree in Finance, Accounting, Business, or a related field
• 5+ years of property-level accounting experience across multiple properties and/or real estate portfolios in hospitality, real estate, or a related industry
• 1+ year managing or mentoring other team members
• Strong proficiency in property-level hospitality accounting, cash flow forecasting and portfolio-level roll-up reporting
• Strategic thinker with the ability to provide actionable insights for senior management
• Proven ability to communicate financial information clearly to non-finance stakeholders, including operations and property partners, both written and verbal
• Detail-oriented, organized, and capable of managing multiple priorities in a fast-paced environment
• Intermediate skills in Microsoft Excel and Google Sheets required (e.g. pivot tables, XLOOKUP, etc.)
• Experience with NetSuite or similar ERP required
• Excellent understanding of financial regulations, GAAP, USALI reporting standards, and compliance requirements
• Intellectually curious, highly motivated, and able to maintain efficiency while working independently

Plus if..

• You’ve worked remotely at some point in your career
• You’ve worked in the hospitality industry at some point in your career
• You are proficient in Google Workspace, Slack, and other essential technical skills for remote workers

You will succeed at Kasa by:

• Taking full ownership of your assigned properties and delivering accurate, timely, and complete financial information
• Building collaborative relationships with stakeholders, including your regional team, property partners, and fellow Finance team members (our “Kasamig@s”)
• Growing your understanding of elements unique to your properties & contracts and being comfortable articulating them to others
• Communicating effectively, comfortably, and openly with all levels of the organization
• Maintaining materially accurate books for your properties
• Acting as a mentor to offshore and centralized accounting teams, providing training, reviewing work and communicating feedback
• Providing a high degree of customer service to your fellow Kasamig@s and our Property Partners by providing timely, thoughtful, and accurate responses
• Demonstrating initiative in resolving issues through strong problem-solving abilities and a desire and willingness to partner with others to achieve the best results
• Operating independently, with limited supervision, in a high-growth environment
• Continuously seeking to improve processes and build scalable financial operations
• Contributing to a culture of accountability, transparency, and continuous improvement

Want to learn more about the Kasa experience? Save 15% on kasa.com

Benefits

• ✈ Kasa Travel Credit: We love to travel! Kasa employees get an allowance of free stays with us in any of our locations, plus a discount on any night for friends and family.

• 🌏 Remote Work: With flexibility as a core value, and over three-quarters of the team working remotely, Kasa employees are able to work from anywhere!

• 📈 Generous Stock Option Plan: We believe the success of our business should be shared with our team. As you grow with us, we increase the opportunities for you to become part-owners of our company.

• 🙌 Flexible PTO: Full-time exempt Kasa employees are encouraged to take time off as they need and see fit, ensuring that it’s not disruptive to their work.

• 💰 Competitive Salary: We offer base salaries at or above market rates plus additional earning opportunities based on the position.

• 🩺 Health Coverage: We’ve invested in comprehensive health insurance options to help when you need it most, including a company-sponsored plan with fertility coverage.

• 📈 401(k) plan: As you invest in yourself and your future, Kasa invests in you too: we match 100% of the first 2% of deferred salary, and 50% of the next 2%.

• ⭐ Other Perks: Qualifying full-time roles are eligible for a wi-fi stipend, home office stipend, and more!

Who We Are

Kasa is the leading tech-enabled hotel and apartment hotel brand and manager. Kasa has built a hospitality operating system that fundamentally improves the profitability of hospitality assets while delivering a high-quality, digitally forward experience to guests. We partner with owners of multifamily and boutique hospitality properties to provide stylish, professionally managed accommodations to business and leisure travelers. We took the best that hotels and short-term rentals had to offer and created a new class of hospitality that is well-priced, reliable, and offers a large selection of great locations!

Behind the scenes, we build technology that combines with our innovative operations to grow a globally scalable offering that delivers high-quality stays to guests. Our guests enjoy seamless check-ins, caring service, and attractive amenities. If anything comes up, our on-site and remote guest experience team is available throughout their stay, ensuring our hospitality is rarely seen but always felt.

Kasa is an Equal Opportunity Employer. We do not discriminate based on race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by law. All employment is decided based on qualifications, merit, and business need.

Kasa Living is an E-Verify participant. We will verify the identity and employment eligibility of all persons hired to work in the United States by matching information employees provide on the Form I-9 against records available to the Social Security Administration (SSA) and the Department of Homeland Security (DHS). You may find more information here and here .

Kasa does not accept unsolicited resumes from individual recruiters or third party recruiting agencies in response to job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers or People & Talent team.

The Kasa Talent Acquisition team will only communicate from email addresses that use the URLs kasa.com and us.greenhouse-mail.io . We will not use apps such as Facebook Messenger, WhatsApp, or Google Hangouts for communicating with you. We will never ask you to send us money or technology to work for our company. If you believe you are a scam victim, please review your local government consumer protections guidance and reach out to them directly. US-based applicants may refer to this article from consumer.ftc.gov for more details.