Property Accountant

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

QUALIFICATIONS:

• Four-year degree in accounting preferred; however, experience in lieu of degree is acceptable
• Experience with senior living properties (Independent living, assisted living, and memory care)
• 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

OTHER KNOWLEDGE, SKILLS AND ABILITIES:

Prior experience with RealPage or Yardi accounting software is highly desirable

FRANKLIN COMPANIES IS AN EOE.

Franklin does not accept unsolicited resumes from 3rd parties.