Resident Accountant

Job Description

Job Description

The Resident Accountant is responsible for supporting the financial operations of the property management portfolio by reviewing resident ledgers, monitoring accounts receivable, processing payments, and ensuring accurate financial reporting. This position works closely with Property Managers and Regional Managers to maintain accurate resident accounts and support timely collections and eviction processes.

Essential Duties and Responsibilities

• Review and correct resident ledgers to ensure accuracy and proper account balances
• Monitor and assess late fees in accordance with company policies
• Process resident payments and apply charges accurately
• Review and correct lease charges as needed
• Work alongside Property Managers to ensure timely eviction filings and required notices are completed
• Monitor delinquency and collections activity across assigned properties
• Review Accounts Receivable (AR) reports and provide detailed notes and updates to Regional Managers
• Complete month-end reporting and reconciliation processes
• Review Gross Potential Rent (GPR) reports for accuracy and reporting consistency
• Identify discrepancies within resident accounts and resolve issues promptly
• Maintain accurate financial documentation and resident account records
• Communicate with onsite teams regarding ledger corrections, payment issues, and outstanding balances
• Assist Property Managers with establishing payment plans and monitoring payment plan compliance, when applicable
• Support compliance with company policies, lease requirements, and accounting procedures
• Coordinate with property management, Corporate Accounting Team and ownership accounting partners as needed in processing and reviewing payscan invoicing
• Coordinate with Property Managers for financial audits

Qualifications

• 3-5+ years in property management accounting, accounts receivable, or affordable housing required
• Strong understanding of resident ledgers, rent collections, and delinquency processes
• Experience with property management software required
• Strong attention to detail and organizational skills
• Ability to manage multiple properties and deadlines efficiently
• Proficient in Microsoft office including word, excel, outlook ect.
• Understanding of financial reporting literacy and invoice processing and reconciliation
• Strong communication and problem-solving skills
• High School Diploma or equivalent required

Job Posted by ApplicantPro