Junior Assistant Accountant - Multifamily Property
Advanced Asset Management LLC
Job Description
Job Description
Role Overview
We are hiring a Junior Assistant Accountant/Analyst to support the Controller and property accounting team in the day-to-day financial operations of a multifamily apartment portfolio. This role helps maintain accurate property and corporate financial records, supports month-end close, reconciles accounts, assists with reporting, and works closely with property managers, regional managers, and shared services teams. The ideal candidate has a foundation in accounting and an interest in growing within multifamily real estate and property management finance.
Key Responsibilities
- Assist with monthly, quarterly, and year-end close for multifamily properties and corporate entities.
- Prepare journal entries, account reconciliations, and supporting schedules.
- Reconcile bank accounts, security deposit accounts, and other balance sheet accounts.
- Support review of property financial statements, budget-to-actual variances, and operating reports.
- Assist with accounts payable, accounts receivable, rent roll tie-outs, and resident ledger balancing as needed.
- Review chargebacks, concessions, bad debt, write-offs, and delinquency-related accounting activity.
- Help track prepaid expenses, accruals, fixed assets, and intercompany activity.
- Support property transitions, acquisitions, dispositions, and lender or ownership reporting requirements when needed.
- Work with on-site teams to resolve coding issues, missing documentation, and accounting discrepancies.
- Assist with audit requests, tax support schedules, and internal reporting packages.
- Maintain organized financial records and ensure compliance with company policies, lease-related accounting practices, and applicable procedures.
- Identify opportunities to improve processes, reporting accuracy, and close efficiency.
Required Qualifications
- 1–3 years of accounting experience preferred.
- Experience in multifamily property management, real estate accounting, or property accounting preferred.
- Understanding of general ledger accounting, reconciliations, and financial reporting.
- Proficiency in Microsoft Excel, including reconciliations, formulas, and data review.
- Experience with property management or accounting software such as Yardi, RealPage, Entrata, MRI, NetSuite, or similar systems preferred.
- Strong attention to detail, organization, and follow-through.
- Ability to manage deadlines and multiple properties in a fast-paced environment.
- Strong communication skills and ability to work with both accounting and operations teams.
- Ability to handle confidential financial information professionally.
Benefits
- Competitive compensation package.
- Paid time off.
- Opportunities for professional growth and career advancement.
- A collaborative, innovative, and high-performance work environment.
Work Location: In person
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