Property Accountant
Fitch Irick Corporation
Fitch Irick Management - Charlotte, NC 28209-3221 Overview Position Type Full Time Job Shift Any 4 Year Degree Travel Percentage Up to 10% Category Accounting Description Work Type: Full time Onsite Property Accountant Company Description : Fitch Irick Corporation, based in Charlotte, NC has over 30 years of experience in the affordable housing development and property management field. Fitch Irick is 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 properties throughout the southeastern United States with multiple layers of programs and funding sources designed to better communities by providing quality affordable housing to residents in need. Company Statement: We make a positive difference in the world, one resident at a time by utilizing local, state, and federal tax-advantaged programs to enhance communities via the acquisition, development, and management of quality affordable housing Description of Job : The Property Accountant is responsible for providing the full cycle of accounting for an assigned portfolio of properties. This position will focus on all aspects of financial statements, including journal entries, general ledger analysis & review, reconciliations of accounts, distribution of reports, and month end closing, ensuring timely and accurate financial statements for each entity within the assigned portfolio.
WHAT YOU'LL BE DOING| THE ROLE
Prepare monthly, quarterly, and year-end financial statements/reporting packages with varying deadlines. Perform monthly bank reconciliation and all other month end tasks. Perform monthly Balance Sheet account reconciliation. Responsible for cash management for assigned portfolio including various funding requests. Manage and process replacement reserves according to each property's funding source. Review Accounts Receivable regularly and finalize tenant move-outs. Gain a solid understanding of general ledger data and its impact on overall finances. Submit complete and accurate monthly journal entries- standard, recurring, reversing, Review rental payments and property invoices for correct and accurate coding. Ensures monthly mortgage and other recurring monthly payments are processed timely. Verify all cash entries are booked timely and accurately. Assist with completing annual Tax Credit/Rural Development forms. Assist with coverage for co-workers when out of office. Any other tasks as assigned by the employee's supervisor/manager and/or in accordance with business needs. Bachelor’s degree in Accounting, Finance, or a related field required. 2-3 years of accounting experiencein property management or affordable housing environments. Strong understanding of financial reporting. Experience preparing monthly, quarterly, and year-end financial statements . Familiarity with HUD, Tax Credit (LIHTC), or Rural Development reporting preferred. Technical Skills Proficiency in accounting software such as Yardi Strong Microsoft Excel skills (pivot tables, VLOOKUPs, data analysis) and solid command of other Microsoft Office applications. Ability to perform detailed bank and balance sheet reconciliations . Core Competencies Strong analytical and problem-solving skills with keen attention to detail and accuracy. Excellent organizational and time management abilities; able to handle multiple deadlines. Effective written and verbal communication skills. Ability to work independently and collaboratively in a team environment. Professional integrity and discretion when handling confidential financial information.WHAT’S IN IT FOR YOU| THE BENEFITS
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