Accountant

Property Accountant

Property Accountant - can be based in Phoenix, AZ or Indianapolis, IN (Hybrid)

Sares Regis Group Residential of Newport Beach, California, is a privately held real estate development, investment and management firm that focuses on multifamily communities in the western U.S. Since its founding in 1993, SRG Residential has developed and acquired more than $7 billion in commercial and residential assets. The company manages a portfolio of approximately 42,000 apartment units.

Job Summary:

The Accountant is responsible for applying generally accepted accounting principles (GAAP) to analyze financial information, create and maintain periodic reporting, prepare general and standard journal entries, maintain fixed assets, assist in annual budgeting, and prepare standard accounting and financial reports for third party clients.

Essential Duties & Responsibilities:

• Responsible for preparation and distribution of monthly, quarterly, and annual financial information to lenders/owners.
• Prepare and monitor monthly accruals and adjust when needed.
• Review budget to actual variances and research/record correcting journal entries for account discrepancies, as needed.
• Record and reconcile Balance Sheet activity.
• Maintain fixed asset system, including posting monthly journal entries to record depreciation/amortization.
• Performs bank reconciliations and wire transfers for deposit.
• Monitor cash balances to ensure funds are sufficient to meet ongoing operational needs and provide updates to appropriate personnel as cash needs arise in a timely manner.
• Ensure lenders payments, property taxes, and other taxes are recorded accurately and processed timely.
• Review and approve assigned property invoices.
• Ensure customer satisfaction by responding to requests from owners, business leaders, operations' team members, and others related to financial reports, statements, and other accounting related items Prepares analysis of accounts as required.
• Identifies opportunities and areas for improvement, and offers suggestions and/or implements procedures, processes, or tools that improve efficiency and productivity.
• Assumes and performs other tasks as directed by any person authorized to give such instructions or assignments.

Education and Experience:

• Bachelor's degree in Accounting or related field required for this position.
• A combination of education, training, and experience that demonstrates the application and usage of generally accepted accounting principles (GAAP).
• One to three years of related experience, preferably with a multi-family property management company.

Other Qualifications:

• Demonstrated proficiency in word processing, spreadsheet, database management, and property management (e.g., Yardi, PayScan, MRI, One Site) programs to complete required reports.
• Working knowledge of email, Microsoft Word, and Excel.

Salary is $75K-$80K/year. We offer a competitive compensation package that includes a 401(K) match, rental discounts depending on location, rental incentive and renewal compensation, and bonuses. Regular full time employees who work between 30-40 hours a week are eligible for medical, dental, vision, other voluntary benefits and vacation accrual. Sick time accrual is provided in accordance with law.