Property Lead Accountant (Hybrid Remote)

Job Description

Job Description

Description:

About Us

Ad-West Realty Services, Inc. is a professional, full-service property management company specializing in managing affordable housing apartment communities in the states of Washington, Oregon, Alaska, and Nevada since 1986. We believe that all people deserve affordable, safe, and well cared for homes and strive to make positive differences in others’ lives.

Company Culture

· Small, people-oriented company

· Professional but casual, family atmosphere

· We strive to provide excellent and integrity-backed service for our clients, residents, colleagues, and all others we work with

What you will be doing:

The Property Accountant Lead plays a key leadership role in Ad-West's accounting department, overseeing both the financial operations of an assigned property portfolio and the work of a team of property accountants (approximately 5 individuals). This position is responsible for the accurate and timely preparation of property-level financials, ensuring compliance with accounting standards, regulatory requirements, and client expectations, while also reviewing the financials and general ledger work of team members to ensure accuracy and consistency across the portfolio. The Property Accountant Lead manages day-to-day accounting functions including general ledger maintenance, month-end closing, and financial reporting, and leads the team through third-party audits and property onboarding/offboarding within the portfolio. The ideal candidate will demonstrate strong leadership and review skills, sound analytical judgment, attention to detail, and a solid understanding of property management accounting. This position will report to the Controller

Responsibilities and Tasks:

· Lead, mentor, and oversee a team of approximately 5 property accountants, providing guidance, training, and performance feedback.

· Manage an assigned portfolio of properties, preparing and maintaining accurate monthly financial statements.

· Review financial statements, general ledgers, and journal entries prepared by team members for accuracy, completeness, and compliance prior to finalization.

· Perform general ledger reconciliations and resolve discrepancies in a timely manner.

· Review and post journal entries, accruals, and adjusting entries as needed.

· Lead the completion of third-party audits, serving as the primary point of contact and ensuring timely, accurate responses to auditor requests.

· Monitor accounts payable and accounts receivable activity to ensure proper coding and accuracy.

· Review property budgets, variances, and support variance explanations for both personal and team-managed properties.

· Manage onboarding and offboarding of properties within the company's portfolio, including transition of financial records, systems setup, and coordination with internal and external stakeholders.

· Ensure compliance with company policies, GAAP, and applicable regulatory requirements.

· Maintain organized and accurate financial records, including supporting documentation.

· Coordinate with property management, vendors, and internal teams to resolve accounting issues.

· Assist with year-end reporting and lender or ownership requests.

· Generate financial and system reports as requested.

· Identify opportunities for process improvement and help implement best practices across the team.

Soft Skills and Personal Attributes:

· Strong leadership and team management abilities

· Strong analytical and problem-solving abilities

· High level of accuracy and attention to detail

· Strong organizational and time-management abilities.

· Ability to manage multiple properties and deadlines efficiently.

· Proactive, self-motivated, and focused on continuous improvement.

· Effective communicator with both internal teams and external partners.

· Sound judgment in reviewing and providing feedback on the work of others

Qualifications:

· High school diploma or equivalent required; associate's or bachelor's degree in accounting, finance, or related business field preferred

· 3-5 years of experience in property accounting or a similar role, including prior experience reviewing the work of others or leading a team preferred

· Strong understanding of general ledger accounting, financial statement preparation, and property management accounting

· Demonstrated experience supporting or leading third-party audits

· Experience working with ERP systems and Microsoft Office Suite, especially Excel

· Excellent attention to detail and ability to manage multiple priorities in a face-paced environment

· Strong problem-solving and communication skills

· Ability to work independently, lead a team, and collaborate cross-functionally

Physical Requirements:

· Prolonged periods of sitting or standing (your choice) at a desk and working on a computer

· Ability to use standard office equipment, including a computer, keyboard, mouse, phone, scanner, printer, and postage machine

· Ability to occasionally life and move files or supplies weighing up to 20 pounds

· Visual acuity to read and interpret data on a computer screen and paper documents.

· Manual dexterity for data entry and handling paperwork.

Mental Requirements:

· Ability to maintain concentration and focus while processing high volumes of financial data and overseeing team output

· Strong analytical and critical-thinking skills to identify discrepancies and resolve issues accurately, including those surfaced through review of others' work

· High attention to detail to ensure data accuracy and compliance with accounting standards.

· Ability to handle stress related to deadlines, audits, and high-priority tasks while managing time and team workload efficiently

· Effective verbal and written communication skills for collaborating with vendors, colleagues, auditors, and team members

· Ability to provide constructive feedback and guidance to team members

Benefits

· Health insurance for eligible employees working a consistent 30+ hours per week

· 401k with a company match

· 13 Company Paid Holidays

· Accrued PTO – 2 weeks’ vacation & 1 week sick

Schedule:

· Full-Time at 40 hours a week

· Hybrid work option with 2 days in office and 3 days at home

Starting Pay:

· $33.00-36.00 per hour DOE

· Non-Exempt