Property Accountant

Overview

• Manage financial operations for diverse property portfolios, ensuring compliance with accounting standards and delivering accurate reporting.
• Collaborate with property management teams to streamline financial processes and ensure timely reporting.
• Perform detailed variance analysis, providing actionable insights to support strategic decision-making.
• Oversee accounts payable operations, ensuring accuracy and adherence to established controls.
• Support the development and tracking of annual property budgets and forecasts.
• Ensure compliance with internal policies and standards during audits and reviews.
• Collaborate with stakeholders to identify opportunities for process improvements and automation.
• Monitor cash flows, coordinate funding requests, and manage intercompany transactions effectively.

Key Responsibilities & Duties

• Analyze monthly financial statements from property managers, ensuring accuracy and compliance with standards.
• Coordinate monthly close processes and deliverables with external management teams.
• Process vendor payments, including checks, ACH, and wires, ensuring timely disbursement.
• Validate rent rolls, occupancy reports, and supporting schedules for accuracy and completeness.
• Prepare comprehensive financial reporting packages for stakeholders and lenders.
• Support external audits by preparing schedules and responding to auditor inquiries.
• Track budget performance and analyze variances to identify trends and opportunities.
• Maintain vendor records and ensure compliance with annual reporting requirements.

Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field is required.
• Minimum of 3 years of property accounting experience; 7 years preferred.
• Proficiency in Yardi Voyager for accounts payable and financial management.
• Strong knowledge of GAAP and property-level accounting principles.
• Experience in reviewing financial statements and resolving discrepancies.
• Advanced Excel skills, including pivot tables and data analysis techniques.
• Familiarity with fund accounting and ownership structures is advantageous.
• Excellent analytical, problem-solving, and communication skills.