Property Accountant

Gray Residential is a multifamily owner-operator with a growing portfolio of communities across the Midwest. We manage our properties directly, which means our accounting function sits close to operations — the people on this team aren't running reports from a distance, they're working alongside the property managers and regional teams whose financials they own.

We're hiring a Property Accountant to take on the full-cycle accounting for a set of properties in the portfolio. This is a hands-on role with real ownership, reporting directly to the Controller.

What this role actually is:

• You'll own the books for a defined slice of the portfolio. That means running the month-end close — journal entries, accruals, bank reconciliations, balance sheet recs, and producing the financial statements that go to ownership and our property teams. You'll work primarily in RealPage, posting entries, uploading batches against our GL coding standards, and making sure the numbers tie out before they leave your desk.
• Accounts payable is part of the role too — invoice coding, approval routing, and vendor payments — alongside utility management accounting, where you'll track invoices, allocations, and reconciliations across the properties you own. You'll reconcile security deposits, prepaid expenses, and intercompany balances, support owner distributions, and pull together documentation for audits, lender requests, and ownership reporting.
• Beyond the close cycle, you'll partner with the Controller on budget prep, variance analysis, and process improvements. We're actively integrating AI-powered tools into how the accounting team works — there's room for someone who wants to be part of shaping that.

What we're looking for:

• They've done property accounting. 1–5 years of accounting experience, with at least a year of property management or real estate accounting under their belt. They understand how multifamily financials actually work — not just in theory, but at the property level.
• They're fluent in RealPage. Journal entry uploads, GL coding, financial reporting — this is the system we run on, and we need someone who can move in it without a long ramp.
• They own the close. Bank reconciliations, AP, accruals, month-end — they've done all of it and know where things tend to break.
• They know utility management accounting. Multifamily utility allocations, RUBS, billbacks, and reconciliations are part of the day-to-day, not an edge case.
• They're strong in Excel. Formulas, pivot tables, and the ability to manipulate data without needing it pre-formatted for them.
• They're organized and deadline-driven. Multiple properties, recurring close timelines, and audit / lender requests — the job runs on deadlines and the person doing it has to own them.
• Bachelor's degree in Accounting, Finance, or a related field. Solid grounding in GAAP and property-level financial reporting.
• They're curious about AI tools and willing to bring them into the workflow, have exposure to intercompany or management company / operating entity structures, or have worked across a multifamily portfolio at scale.

What you can expect from us:

• A defined book of properties to own — you'll know your portfolio cold and be the go-to for those financials.
• Direct access to the Controller and ownership. We're a small enough team that good work gets noticed and good ideas get implemented.
• Investment in the tools and systems to do this job well — including emerging AI tooling we're actively rolling into the accounting function.
• Competitive, negotiable compensation based on experience, plus a comprehensive benefits package (health, dental, vision), PTO, and paid holidays.
• Straight answers about comp, expectations, and where this role can go as we grow.

If you've done property accounting at a real estate operator and want to own a portfolio at a company that's actively investing in its accounting function — we'd like to talk.