Senior Property Accountant I

Senior Property Accountant I

The Senior Property Accountant I is responsible for performing accounting and financial reporting activities for assigned property portfolios, ensuring accuracy, timeliness, and compliance with company and client requirements. This role performs intermediate to advanced accounting functions, supports the monthly close process, and contributes to high-quality client service delivery.

Senior Property Accountant I team members operate within a defined market(s) and/or client portfolio, supporting the Controller, Accounting Manager, and Accounting Supervisor in achieving financial and operational objectives. This role is expected to work with increasing independence while building deeper technical knowledge and supporting overall team success.

Organizational Scope

• Manage accounting for assigned properties and portfolios
• Operate within a defined market(s) and/or client portfolio
• Partner with Accounting Supervisors, Managers, and Controllers
• Collaborate with Property Management and centralized functions as needed

Primary Responsibilities

Financial Reporting & Close Process

• Prepare monthly financial statement packages for assigned properties
• Record journal entries, including accruals, depreciation, and amortization
• Perform general ledger analysis and account reconciliations
• Support timely completion of monthly, quarterly, and year-end close processes
• Meet internal and external reporting deadlines

Portfolio Accounting & Analysis

• Analyze financial results and prepare variance explanations
• Review income statements, balance sheets, and supporting schedules for accuracy
• Assist with budgeting and forecasting processes
• Prepare operating expense reconciliations and other client deliverables
• Support Property Management and leadership with financial information

Daily Accounting Operations

• Perform day-to-day accounting tasks across assigned portfolios
• Ensure transactions are recorded accurately and in accordance with policies
• Maintain accurate and complete property-level accounting records
• Assist with transition of new properties and client onboarding

Client & Stakeholder Engagement

• Communicate with Property Management teams and internal stakeholders on financial matters
• Respond to inquiries and provide support on accounting-related issues
• Escalate more complex issues to the Accounting Supervisor, Manager, or Controller as needed

Team Support & Collaboration

• Collaborate with team members to support consistent and accurate accounting results
• Share knowledge and assist with recurring processes and deliverables
• Support training of less experienced team members, where appropriate
• Contribute to team problem-solving and process consistency

Process Execution & Improvement

• Ensure adherence to standardized processes and internal controls
• Identify opportunities to improve efficiency and accuracy
• Support implementation of process improvements and system enhancements

Compliance & Controls

• Ensure compliance with company policies, client requirements, and accounting standards
• Maintain audit-ready documentation
• Support internal and external audit processes

Qualifications

• Bachelor's degree in Accounting or Finance preferred
• 36+ years of accounting experience, preferably in property accounting or real estate
• Strong understanding of GAAP and financial reporting
• Experience with property accounting systems (e.g., Yardi, MRI, or similar)

Key Competencies

• Strong accounting and analytical skills
• Attention to detail and accuracy
• Ability to manage multiple priorities with growing independence
• Problem-solving and critical thinking
• Communication and collaboration

What Success Looks Like

• Accurate and timely financial reporting across assigned portfolios
• Ability to manage assigned properties with increasing independence
• Strong execution of monthly close and day-to-day accounting responsibilities
• Positive contribution to team performance and process consistency

What Makes This Role Unique

• Focus on assigned properties with intermediate to advanced accounting responsibilities
• Opportunity to deepen technical knowledge and expand portfolio ownership
• Key contributor to team success and operational consistency
• Natural progression path into Senior Property Accountant II or supervisory roles

Additional Information

Stream Realty Partners offers competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan with company matching, PTO, and holiday pay. Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons.