Property Accountant

Property Accountant

The Property Accountant is responsible for the day-to-day accounting and financial reporting for an assigned portfolio of multifamily properties. This role ensures timely and accurate financial reporting, maintains the integrity of the general ledger, reconciles accounts, and partners with Property Management to support the financial operations of each property.

Key Responsibilities:

• Perform day-to-day accounting functions for an assigned portfolio of properties, including accounts payable, accounts receivable, general ledger activity, bank reconciliations, and monthly financial reporting.
• Prepare journal entries and supporting documentation for monthly close.
• Assist with the monthly close process by completing assigned tasks accurately and on time.
• Prepare monthly financial statements and supporting schedules.
• Research and explain budget-to-actual variances as requested.
• Reconcile bank accounts and balance sheet accounts on a monthly basis.
• Work closely with Property Management to ensure financial records accurately reflect property operations.
• Assist with annual budgets and forecasts for assigned properties.
• Review accounts payable and accounts receivable activity to ensure transactions are recorded accurately and timely.
• Process capital expenditure requests and reserve funding requests as needed.
• Ensure compliance with company policies, accounting procedures, and GAAP.
• Assist with year-end audits and provide requested documentation.
• Participate in special projects and process improvement initiatives as assigned.

Qualifications:

• Bachelor's degree in Accounting or Finance required
• 1–3 years of accounting experience; property accounting experience preferred.
• Proficiency in Microsoft Excel, including formulas, PivotTables, and data analysis.
• Experience with Yardi Voyager is preferred.
• Basic understanding of GAAP and financial reporting principles.
• Strong organizational skills with the ability to manage multiple priorities and deadlines.
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communication skills.
• Ability to work collaboratively with Property Management, ownership groups, and internal team members.
• Detail-oriented with a commitment to accuracy and continuous learning.