Property Accountant - Multifamily
Franklin Companies
The Franklin Companies is an industry leading firm that specializes in the development, and management of high-quality senior living - our Franklin Park® communities - and multi-family residential properties - the Artisan affordable apartment communities.
Based in San Antonio Texas and family owned, Franklin is a name associated with high quality services, affordable and luxurious living arrangements for senior and non-senior residents. We have a need for a Property Accountant/Sr. Property Accountant to join our team of professionals at our corporate office. This position will be located in our office in San Antonio. General Description: This position supports multiple properties, including maintaining their financial statements and providing guidance to on-site property management regarding property finances. Primary Duties and Responsibilities:- Prepare and maintain financial statements for multiple residential properties
- Perform month end close activities, including bank reconciliations (reconcile then research and resolve any outstanding items), preparing and posting accruals, reclassifications, and other journal entries.
- Cash management including monitoring cash balances and approving payables for weekly check runs while maintaining sufficient funds to cover critical items
- Create and maintain amortization schedules for debt and prepaids
- Perform balance sheet account reconciliations and analysis
- Prepare and submit quarterly capital replacement draw requests to lenders
- Calculate cash flow and partnership distributions
- Participate in annual budgeting process
- Assist CPA in preparation of year-end audits
- Perform other duties as assigned
- Four-year degree in accounting preferred; however, experience in lieu of degree is acceptable
- Experience in month-end closings in a property management environment (4 - 5 years preferred)
- Strong practical knowledge of generally accepted accounting principles
- Strong analytical and comprehension skills with ability to read and comprehend complex partnership and loan documents
- Strong balance sheet accounting knowledge.
- Exceptional computer skills, including strong working knowledge of Excel
- Ability to prioritize work assignments and work independently
- High degree of accuracy and confidentiality with all information
- Initiative, adaptability, and deadline driven
- Ability to communicate both verbally and via email with coworkers and outside contacts
- Team-oriented and customer service focused
JOB CODE: FAM-CORP-PA-4-2026
Vacancy posted 15 hours ago
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