Property Accountant
This role requires candidates who are currently authorized to work in the U.S. without sponsorship, and C2C arrangements are not accepted.
Job Summary:
The Property Accountant is responsible for overseeing day-to-day accounting functions related to a portfolio of residential properties. This role plays a key part in ensuring accurate financial reporting, managing month-end close activities, and supporting operational teams with timely and reliable financial data. The ideal candidate will demonstrate strong attention to detail, sound knowledge of accounting principles, and a proactive approach to collaboration and problem-solving.
Key Responsibilities:
Manage the monthly accounting close process, including preparation of journal entries, reconciliations, and financial reports
Review and reconcile property-level revenues, accounts receivable, and accounts payable transactions
Approve invoices, move-out statements, and ensure accurate maintenance of subsidiary ledgers
Prepare and record entries for accruals, bad debt, fees, taxes, and other routine or ad hoc items
Reconcile fixed asset schedules and review depreciation and amortization activity
Analyze and reconcile general ledger accounts for accuracy and compliance with accounting standards
Follow established closing timelines and escalate potential delays or discrepancies as needed
Work closely with on-site teams and internal departments to resolve billing and ledger-related issues
Respond promptly to internal inquiries and provide financial insight to support operational decisions
Additional Duties:
Complete bank reconciliations and analyze automated payments and credit card activity
Assemble financial documentation for lenders, audits, and tax filings
Prepare reporting packages for internal or external stakeholders, including joint venture partners if applicable
Process tax and loan-related payments in a timely manner
Initiate ACH and wire transfers and ensure appropriate documentation is maintained
Contribute to the preparation of GAAP financial statements and support year-end reporting requirements
Assist with special projects and process improvements as assigned
Qualifications:
Strong understanding of generally accepted accounting principles (GAAP)
Proven ability to manage multiple priorities and meet deadlines in a dynamic environment
High attention to detail, organizational skills, and accountability
Strong communication skills and a customer service-oriented mindset
Knowledge of internal controls, financial reporting, and real estate accounting practices
Proficiency with accounting software and Microsoft Office tools (Excel, Word); experience with Yardi or similar systems is a plus
Experience with affordable housing programs or joint venture accounting is beneficial
Bachelor's degree in Accounting, Finance, or related field preferred
Prior experience in residential property accounting is strongly preferred
Work Environment:
This position operates in a professional office setting and involves regular interaction with internal teams, vendors, and external partners. Professionalism, effective communication, and the ability to build positive working relationships are essential.
Physical Requirements:
Duties are typically performed in a standard office environment, requiring the ability to sit, stand, walk, and communicate effectively. Reasonable accommodations may be made to support individuals with disabilities in performing essential job functions.
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