Property Accountant

Job Description

Work Type: Full time Onsite

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Status: Exempt-Salary

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Property Accountant

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Company Description : Fitch Irick Corporation, based in Charlotte, NC has over 30 years of

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experience in the affordable housing development and property management field. Fitch Irick is

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knowledgeable in the complexity of regulations with Rural Development, HUD, and Low-Income Housing Tax Credit Programs. Fitch Irick currently manages 12,000+ units in 250

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properties throughout the southeastern United States with multiple layers of programs and

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funding sources designed to better communities by providing quality affordable housing to

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residents in need.

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Company Statement: We make a positive difference in the world, one resident at a time by

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utilizing local, state, and federal tax-advantaged programs to enhance communities via the

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acquisition, development, and management of quality affordable housing

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Description of Job : The Property Accountant is responsible for providing the full cycle of

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accounting for an assigned portfolio of properties. This position will focus on all aspects of

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financial statements, including journal entries, general ledger analysis & review, reconciliations

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of accounts, distribution of reports, and month end closing, ensuring timely and accurate

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financial statements for each entity within the assigned portfolio.

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WHAT YOU'LL BE DOING| THE ROLE

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• Prepare monthly, quarterly, and year-end financial statements/reporting packages with varying deadlines.
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• Perform monthly bank reconciliation and all other month end tasks.
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• Perform monthly Balance Sheet account reconciliation.
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• Responsible for cash management for assigned portfolio including various funding
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• requests.
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• Manage and process replacement reserves according to each property's funding source.
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• Review Accounts Receivable regularly and finalize tenant move-outs.
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• Gain a solid understanding of general ledger data and its impact on overall finances.
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• Submit complete and accurate monthly journal entries- standard, recurring, reversing,
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• adjusting, reclassifications, prepaid rent, accruals, etc.
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• Review rental payments and property invoices for correct and accurate coding.
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• Ensures monthly mortgage and other recurring monthly payments are processed timely.
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• Verify all cash entries are booked timely and accurately.
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• Assist with completing annual Tax Credit/Rural Development forms.
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• Assist with coverage for co-workers when out of office.
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• Any other tasks as assigned by the employee's supervisor/manager and/or in accordance with business needs.
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WHAT YOU'LL BRING| THE PERSON

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Education & Experience

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• Bachelor’s degree in Accounting, Finance, or a related field required.
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• 2-3 years of accounting experience in property management or affordable housing environments.
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• Strong understanding of financial reporting.
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• Experience preparing monthly, quarterly, and year-end financial statements .
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• Familiarity with HUD, Tax Credit (LIHTC), or Rural Development reporting preferred.
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Technical Skills

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• Proficiency in accounting software such as Yardi
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• Strong Microsoft Excel skills (pivot tables, VLOOKUPs, data analysis) and solid command of other Microsoft Office applications.
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• Ability to perform detailed bank and balance sheet reconciliations .
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Core Competencies

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• Strong analytical and problem-solving skills with keen attention to detail and accuracy.
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• Excellent organizational and time management abilities; able to handle multiple deadlines.
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• Effective written and verbal communication skills.
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• Ability to work independently and collaboratively in a team environment.
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• Professional integrity and discretion when handling confidential financial information.
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