Property Accountant

SUMMARY

The Property Accountant is responsible for accurate and timely financial reporting for an assigned portfolio of real estate properties. This role manages property-level accounting activities, including general ledger maintenance, monthly close, account reconciliations, variance analysis, cash management, and support for budgeting, audits, and tax reporting. The Property Accountant partners with property management, asset management, accounts payable, and leadership to ensure financial information is complete, reliable, and compliant with company policies and applicable accounting standards.

DUTIES AND RESPONSIBILITIES

• Maintain complete and accurate books and records for an assigned portfolio of residential properties.
• Perform monthly, quarterly, and annual close activities, including journal entries, accruals, prepaid expenses, and reclassifications.
• Prepare monthly financial statements and supporting schedules in accordance with reporting deadlines.
• Reconcile bank accounts, balance sheet accounts, security deposits and escrow accounts.
• Review property income and expenses for accuracy, proper coding, and compliance with budgets, contracts, and company policies.
• Monitor cash balances, prepare cash projections, and coordinate funding requests, distributions, and transfers.
• Partner with property managers to resolve accounting questions, correct discrepancies, and improve the quality of financial reporting.
• Prepare lender, owner, and investor reporting packages as required.
• Assist with external audits, tax return preparation, and regulatory or lender requests by providing schedules and supporting documentation.
• Ensure adherence to internal controls, accounting policies, and generally accepted accounting principles.
• Identify opportunities to streamline processes, strengthen controls, and improve reporting accuracy and timeliness.
• Perform other accounting and finance duties as assigned.

REQUIREMENTS

• Bachelor’s degree in accounting, finance, or a related field, or an equivalent combination of education and relevant experience.
• Two or more years of accounting experience, including general ledger accounting and account reconciliations.
• Working knowledge of accrual accounting and financial statement preparation.
• Intermediate proficiency with Microsoft Excel, including formulas, lookups, pivot tables, and data analysis.
• Strong attention to detail, organizational skills, and ability to meet recurring deadlines.
• Effective written and verbal communication skills, with the ability to explain financial matters to non-accounting partners.

Benefits

• 401(k) with company match
• Medical, dental, and vision insurance
• Company-paid life insurance
• Employee Assistance Program (EAP) for you and your household
• Generous PTO plan with flexible use for vacation, sick time, and personal needs
• Paid holidays + early close days throughout the year
• Birthday time off to celebrate your day
• Parental leave
• Ongoing training and development opportunities, including support for relevant industry certifications
• Apartment Rental Discount