Senior Associate, Property Accounting

About the Role

The Senior Associate, Property Accounting will support the preparation of monthly and year-to-date property financial statements; covering profit & loss, balance sheets, budget variance analysis, and bank account reconciliations. This position will collaborate with property managers, regional managers, asset managers, and acquisition teams; ensuring precise accounting information aligns with company policies and accurately reflects property activity.

Responsibilities

• Perform monthly and periodic cash reconciliations on all bank accounts including operating, tenant security deposit and escrow accounts
• Provide support for the monthly close process for properties, involving the preparation of monthly financial statements and accompanying schedules, as well as the compilation of monthly balance sheets
• Review monthly receipts for residential and commercial tenants communicating any discrepancies with Property Controllers and on-site personnel
• Audit the on-site tenant billing process to ensure accurate accounting for monthly charges
• Collaborate with on-site leasing team to facilitate delinquent tenants into collections, monitor collection agency's site for progress and write-off uncollectible charges
• Assist in the vendor invoice process with the accounts payable department, ensuring the accurate classification of expenses and conducting periodic inspections of posted invoices to report potential reclassifications
• Request and review payroll reports from the Director of Payroll for accuracy, encompassing leasing commission payments, proper cost allocation between general ledger accounts, and ensuring timely collections of costs from various billed properties
• Assist with compiling documents and support for year-end federal and state tax reporting and financial statement reviews
• Responsible for general accounting functions, including but not limited to accounts payable, accounts receivable, general ledger, and fixed assets record keeping
• Identify and resolve financial reporting discrepancies/issues
• Undertake special projects and requests from management and operations as needed

Ideal Background

• Bachelor's degree in Accounting/Finance or equivalent experience required
• 4-6+ years of experience in property management accounting
• Extensive experience and familiarity with Yardi
• Experience with accounting software and financial data
• Strong organizational skills and attention to detail
• Proficiency with Google Workspace and Microsoft Office (Excel, Word)

Benefits

We take care of our people so they can do their best work.

• Health and Wellness Comprehensive medical, dental, vision, disability, and life insurance and parental leave benefits. On-staff doctor, free therapy through SpringHealth, acupuncture, an Employee Assistance Program, and other wellness offerings.
• Time Off PTO and paid holidays.
• Financial 401(k) retirement plan, healthcare and dependent care FSAs, HSA-compatible plan options with annual employer HSA funding and pre-tax commuter benefits.
• Life at Flow Weekly catered lunches, wellness classes and employee discounts on Flow hotel stays, grocer products, and merch.

Flow is proud to be an equal opportunity workplace and hires regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity and/or expression, pregnancy, Veteran status any other characteristic protected by federal, state or local law. In addition, we provide reasonable accommodation for qualified individuals with disabilities.