Property Accountant

Description Property Accountant This individual will be responsible for completing all the Cash Management, General Ledger Accounting, and Financial Reporting for multiple Multi-Family Real Estate Properties. This individual needs to be able to effectively work in a fast-paced / high-volume transaction environment, which requires strong time management skills and the ability to prioritize deadlines. We are looking for a hands‑on, detail-oriented individual who wants to be part of a growing team. A successful Property Accountant is expected to: Handle full-cycle accounting for an assigned real estate portfolio Provide accurate and timely financial information Have full involvement, responsibility, and accountability for their portfolio, which includes all monthly, quarterly, annual, and other duties as detailed in the job responsibilities Complete all job functions relating to assigned properties accurately, efficiently, and by the assigned deadlines Utilize and develop skills such as problem-solving, decision-making, time management and effective communication to achieve the desired results Job Responsibilities: General Ledger/Financial Statements Maintain and review assigned property general ledgers, balance sheets and income statements, including preparing and recording journal entries as needed Review and maintain general ledger to ensure accuracy Prepare and distribute monthly financial reporting packages, variance reports and all other additional schedules as required by the client Reconcile all balance sheet accounts and examine all general ledger accounts for accuracy, and make corrections as needed monthly Analyze performance versus budget to identify potential missing expenses Perform a wide variety of accounting analyses Analyze various transactions and identify appropriate accounting treatment Ensure the accuracy of financial statements in accordance with GAAP and compliance to internal policies Accounts Payable Coordinate with AP Specialists to authorize and prioritize invoices for payment processing according to available cash Review all invoices for appropriate documentation and approval prior to payment Ensure proper coding of invoices Track all required monthly bills and follow up with vendor to ensure timely receipt Cash Management Maintain weekly bank reconciliations for multiple accounts and resolve pending items promptly Monitor cash balances for assigned properties Coordinate preparation of funding requests as needed for assigned properties Requirements Position Requirements: Bachelor's Degree in Accounting required 1-2 years of experience in property accounting preferred Minimum 2-3 years of general accounting experience Demonstrated understanding of financial statements Property Management knowledge is highly preferred Experience with RealPage or Yardi preferred Excellent written and oral communication skills Strong analytical capabilities for advanced problem-solving Highly organized and strong ability to multi-task Ability to work cross-functionally in a fast-paced environment Ability to follow through on tasks until completed Proficient in Excel High level of professionalism and a service attitude #J-18808-Ljbffr Kairoi, Inc.