Property Accountant

Overview

• Manage financial performance of property portfolios, ensuring compliance with GAAP and ownership reporting standards.
• Coordinate with third-party property management firms to validate financial statements and reporting packages.
• Oversee accounts payable processes within Yardi Voyager, ensuring accuracy and adherence to internal controls.
• Perform variance analysis and provide insights to asset management and leadership teams.
• Support annual property budgets, forecasting, and tracking performance against projections.
• Ensure compliance with internal controls, policies, and accounting standards during audits.
• Collaborate with stakeholders to improve processes and implement automation solutions.
• Monitor cash balances, coordinate funding requests, and oversee intercompany transactions.

Key Responsibilities & Duties

• Review and analyze monthly financial statements from third-party property managers for accuracy and compliance.
• Coordinate monthly close timelines and deliverables with external property management teams.
• Process vendor payments, including checks, ACH, and wires, ensuring timely disbursement.
• Validate rent rolls, occupancy reports, and supporting schedules for accuracy.
• Assist in preparing financial reporting packages for investors and lenders.
• Support external audits by preparing schedules and responding to auditor requests.
• Track actual performance against budgets and analyze variances effectively.
• Maintain vendor records and support annual 1099 reporting requirements.

Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field required.
• 3–6+ years of property accounting experience, preferably in real estate investment firms.
• Proficiency in Yardi Voyager for accounts payable and financial management.
• Strong understanding of GAAP and property-level accounting principles.
• Experience reviewing financial statements and identifying discrepancies effectively.
• Advanced Excel skills, including pivot tables and variance analysis.
• Familiarity with fund accounting and ownership structures is preferred.
• Strong analytical, problem-solving, and communication skills.