Property Accountant / Senior Property Accountant - Hybrid
Who
A growing real estate organization is seeking an experienced Property Accountant or Senior Property Accountant to join its accounting team.
What
Responsible for preparing monthly financial statements, managing property-level accounting activities, performing reconciliations, and supporting financial reporting for a portfolio of real estate properties.
When
Immediate opportunity for a qualified accounting professional seeking career growth within the real estate industry.
Where
Location to be confirmed.
Why
Join a dynamic real estate organization that offers professional development, a collaborative team environment, and the opportunity to contribute to the financial success of a diverse property portfolio.
Office Environment
Hybrid work schedule offering two to three remote workdays per week, with regular in-office attendance required.
Salary
Competitive, market-based compensation commensurate with experience and education.
Position Overview
We are seeking a detail-oriented and analytical Property Accountant / Senior Property Accountant to join a growing real estate accounting team. Reporting to the Accounting Manager, this individual will be responsible for preparing and analyzing monthly financial statements, maintaining accurate financial records, and ensuring compliance with accounting standards across an assigned portfolio of properties.
The ideal candidate will have a strong background in real estate accounting, excellent organizational skills, and the ability to manage multiple priorities in a fast-paced environment. This position offers an opportunity to collaborate with operations and finance teams while contributing to the organization's overall financial performance.
Key Responsibilities
- Prepare and analyze monthly financial statements for assigned properties, ensuring accuracy and timely reporting.
- Review property accounting reports and investigate financial discrepancies or unusual variances.
- Prepare detailed balance sheet reconciliations, including prepaid expenses, capital expenditures, property taxes, and insurance accounts.
- Complete monthly bank reconciliations, journal entries, management fee calculations, and property distribution calculations.
- Ensure compliance with Generally Accepted Accounting Principles (GAAP), applicable regulations, and internal accounting policies.
- Assist with annual budgeting, forecasting, and financial planning for assigned properties.
- Manage treasury activities, including bank transfers, wire payments, ACH transactions, and positive pay exceptions.
- Review accounts payable transactions for proper coding, accuracy, and appropriate operational approvals.
- Partner with property operations teams to resolve accounting issues and provide financial guidance.
- Support quarterly and annual external audits by preparing documentation, reconciliations, and financial schedules.
- Identify opportunities to improve accounting processes, internal controls, and reporting efficiency.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field required.
- Minimum of 3 years of real estate accounting experience required.
- Strong knowledge of GAAP and real estate accounting principles.
- Experience preparing financial statements, journal entries, bank reconciliations, and balance sheet analyses.
- Proficiency with property management accounting software; Entrata or Yardi experience preferred.
- CPA designation or MBA preferred.
- Strong analytical, problem-solving, and financial reporting capabilities.
- Excellent written and verbal communication skills.
- Highly organized with the ability to manage multiple properties, deadlines, and competing priorities.
- Ability to work independently while collaborating effectively with accounting and operations teams.
- Adaptable, flexible, and comfortable working in a changing business environment.
Compensation & Benefits
- Competitive salary based on qualifications and experience.
- Hybrid work arrangement with two to three remote days per week.
- Comprehensive medical, dental, and vision insurance.