Property Accountant

Job Description

Job Description

This position is based in Jersey City, NJ.

About Company:

RHO Residential is a premier property management company specializing in Class-A luxury apartment communities, with a primary focus on the New Jersey market. Our comprehensive services include leasing, marketing, financial management, maintenance operations, and resident relations, all tailored to deliver exceptional living experiences. We prioritize a people-first approach, fostering meaningful connections with residents and property owners alike.

At RHO Residential, we are dedicated to maintaining high standards of property upkeep, optimizing operational efficiency, and maximizing property value for our partners. With a focus on promoting a positive workplace culture, we ensure our team feels empowered, valued, and inspired to deliver outstanding results. Whether it’s through innovative marketing strategies, proactive maintenance, or seamless communication, we are committed to creating vibrant, thriving communities where people love to live and work.

Ready to be part of something exceptional? Join our team at RHO Residential and help us redefine property management with passion, purpose, and people at the heart of everything we do!

About the Role:

Compensation: $70,000-$90,000.

Summary :

The Property Accountant will, under minimal supervision, perform accounting functions and duties for a portfolio of owned, managed, or joint-ventured residential properties. The Property Accountant will actively participate in the preparation of the monthly financial statements and management reports for each property. They will establish and maintain a working relationship with the properties and upper management.

Essential Duties & Responsibilities :

• Financial reporting for assigned properties

• Assist with the onboarding of new properties

• Completing the monthly close process (including maintaining general ledger accounts, providing monthly account analysis, and reconciling balance sheet accounts)
• Prepare monthly journal entries and accruals
• Enforcing GAAP accounting principles and company policies
• Assist with annual budgeting and forecasting
• Prepare/Review bank reconciliations for operating and security deposits accounts

• Oversee third-party accounting provider
• Assist in posting AP and processing weekly/biweekly check runs
• Processing cash receipts for Corporate level transactions
• Support property management and operations teams with financial inquiries or reporting needs.
• Assist with audits & tax preparation processes.

Skills & Experience

• Able to prioritize tasks and projects using time management and organizational skills to achieve overall goals.
• Must be prepared to work with minimal supervision, yet consistently prepared to present results and status of projects to supervisor.
• Strong written and verbal skills.
• Ability to positively communicate with all levels of the organization.
• Must be able to analyze data and supporting evidence to provide recommendations.
• Possess positive interpersonal communication skills.
• Knowledge of real estate and multi-family industry.
• Must be flexible in a fast-paced and changing work environment.
• Must have knowledge of Microsoft Word, Excel, and Outlook.
• Must have Yardi accounting software experience.
• Excellent attention to detail.
• Capacity to meet deadlines in a timely manner.
• Must have the ability to work in a fast-paced office environment
• Strong knowledge of GAAP and general accounting principles.
• Experience with financial reporting, reconciliations, and month-end close processes.
• Demonstrated ability to support audits, budgeting, and forecasting processes.

Qualifications:

• Bachelor’s degree in accounting
• Candidates will possess 3-5 years’ experience in a real estate management environment
• Public accounting experience preferred

RHO Residential has a proven record of success along with competitive compensation and an excellent benefits package which includes medical, dental, vision, FSA, company paid life insurance, supplemental insurance programs, 401(k) and discretionary match.

RHO Residential is an equal opportunity/affirmative action employer. RHO Residential does not discriminate against applicants on the basis of race, creed, nationality, sex, color, religion, national origin, ancestry, age, genetic information, mental or physical disability, marital status, familial status, domestic partnership status, civil union status, affectional or sexual orientation, gender identity or expression, atypical cellular or blood trait, military status or any other category protected by federal, state or other law applicable in the location of employment.