Property Accountant

Overview

• Manage financial transactions and reporting for a portfolio of properties, ensuring accuracy and compliance with accounting standards.
• Perform monthly close processes, preparing both internal and external financial statements for distribution.
• Analyze and reconcile general ledger accounts, ensuring proper documentation and record-keeping.
• Oversee daily banking transactions, updating records as necessary for accuracy.
• Handle mortgage escrow and reserve account activities, including analysis and recording.
• Support external financial audits by preparing relevant documentation and responding to inquiries.
• Collaborate on ad-hoc projects to improve financial processes and reporting efficiency.
• Ensure compliance with industry regulations and company policies in all accounting practices.

Key Responsibilities & Duties

• Perform month-end close processes, including preparation of financial statements and reconciliations.
• Review and update banking transactions, ensuring accuracy and timely record-keeping.
• Analyze and reconcile general ledger accounts for assigned properties.
• Record monthly wires, debt service payments, and other financial transactions.
• Manage mortgage escrow and reserve account activities, ensuring proper documentation.
• Perform bank reconciliations, including tenant security bank accounts.
• Assist with annual external financial audits, providing necessary documentation and support.
• Participate in ad-hoc projects to enhance financial reporting and operational efficiency.

Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field is required.
• Minimum of 4 years of experience in an accounting role; 5 years preferred.
• Proficiency in Yardi software is mandatory for this position.
• Experience with tax credit residential properties is advantageous.
• Strong working knowledge of Microsoft Excel and financial analysis tools.
• Excellent communication and problem-solving skills are essential.
• Ability to work on-site and collaborate effectively with team members.
• Strong attention to detail and ability to meet deadlines in a fast-paced environment.