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Property Accountant

Property Accountant

Foresight Asset Management LLCSan Antonio, TX, United States
1 day ago
Job type
  • Full-time
Job description

We are seeking a detail-oriented Property Accountant to join our accounting team and oversee the financial operations for a designated portfolio of properties. The Property Accountant will be responsible for ensuring accurate and timely financial reporting, managing cash flow, processing accounts payable, and supporting utility and operational accounting needs. The ideal candidate will have a strong understanding of property management accounting, exceptional analytical skills, and a commitment to accuracy and collaboration.

What You'll Do

Portfolio Accounting & Financial Reporting

Prepare monthly financial statements, including balance sheets, income statements, and supporting schedules.

Review general ledger activity for accuracy, completeness, and proper classification.

Reconcile bank accounts, security deposits, balance sheet accounts, and reserve accounts on a monthly basis.

Analyze financial results, identify variances, and communicate findings to management.

Ensure compliance with ownership, lender, and regulatory reporting requirements.

Cash Management

Monitor daily cash balances and forecast short-term cash needs for each property.

Prepare funding requests, intercompany transfers, and capital contribution entries as needed.

Track deposits and disbursements to maintain accurate cash flow records.

Coordinate with operations and ownership groups on cash availability and funding priorities.

Accounts Payable & Vendor Management

Process, code, and approve invoices within RealPage or other property management accounting systems.

Ensure timely and accurate vendor payments while maintaining adherence to internal controls.

Maintain organized AP records and assist with vendor setup and compliance documentation.

Utility & Operational Support

Oversee utility setup, tracking, and account management for new acquisitions and dispositions.

Collaborate with Property Managers and Regional Managers to ensure accurate recording of revenue, expenses, and accruals.

Assist with property onboarding / offboarding, including initial setup of accounts and financial tracking.

Support year-end audit preparation and provide documentation to auditors and ownership as requested.

What We're Looking For

Bachelor's degree in Accounting, Finance, or a related field strongly preferred.

2-4 years of accounting experience, ideally within property management or real estate.

Proficiency in property management accounting software such as RealPage (preferred).

Strong Excel and analytical skills with high attention to detail.

Ability to manage multiple priorities and deadlines in a fast-paced environment.

Working knowledge of GAAP and general accounting principles.

Key Attributes

Detail-oriented and highly organized.

Strong written and verbal communication skills.

Proactive, adaptable, and collaborative.

Demonstrated ability to maintain confidentiality and professionalism.

Work Schedule

Full-time, exempt position.

Consistent and reliable attendance is essential.

Occasional evenings or weekends may be required based on reporting deadlines or audits.

Benefits

Medical, dental, and vision insurance.

401(k).

Paid time off and holiday pay.

About Us

Foresight Asset Management, LLC is a leading property management firm dedicated to maximizing the value and performance of real estate assets for our clients. With a focus on innovation, transparency, and operational excellence, we deliver forward-thinking strategies that enhance asset performance and resident satisfaction. Our success is built on collaboration, accountability, and a shared commitment to delivering lasting value for our partners and communities.

All employment offers are contingent upon the successful completion of a background check and drug test.

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Property Accountant • San Antonio, TX, United States

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