Property Accountant
We are seeking a detail-oriented and analytical Property Accountant to join our team. This role is responsible for ensuring accurate financial reporting, maintaining the integrity of property-level accounting, and supporting property managers and ownership with timely financial insights. The ideal candidate will possess strong accounting skills, a solid understanding of property operations, and the ability to manage multiple priorities in a fast-paced environment.
Key Responsibilities :
- Prepare balance sheet account reconciliations (including cash, assets, and liabilities) and perform analytical reviews of operational information such as expense classification and budget adherence.
- Post journal entries to ensure monthly financial statements are accurate and complete.
- Provide timely and accurate financial information to property managers and ownership on a monthly, quarterly, and annual basis.
- Assist with the preparation of annual and monthly budgets for assigned properties and related entities.
- Compile and prepare annual financial information for external audit and tax preparers to ensure timely filing of all required returns.
- Review expense and revenue classifications for each property to ensure accuracy and consistency.
- Monitor cash balances to ensure the timely payment of all liabilities, including mortgages and other financial obligations.
- Support financing and refinancing activities by preparing lender reporting and ensuring compliance with lender requirements.
- Prepare replacement reserve draw requests and ensure appropriate documentation is maintained.
- Record and maintain fixed assets on a quarterly basis.
- Review job cost invoices and postings for accuracy and alignment with project budgets.
- Assist with special projects and ad hoc analyses as assigned by management.
Qualifications :
Bachelor's degree in Accounting, Finance, or a related field.2+ years of accounting experience; property or real estate accounting preferred.Strong understanding of GAAP and financial reporting.Proficiency with accounting software and Microsoft Excel.Excellent organizational skills, attention to detail, and ability to meet deadlines.Strong communication skills and ability to work collaboratively across departments.Requirements :
Property AccountingYardi SoftwareMonth End CloseAccrual AccountingGeneral Ledger