Senior Property Accountant - Multifamily

The Senior Property Accountant - Multifamily position is primarily responsible for the processing of multiple multifamily accounting entities, including CAM calculations.

Principal Accountabilities and

Essential Job Functions:

• Responsible for the preparation of multiple property financial statement packages, including CAM estimate and actual calculations.
• Monthly review of multiple multifamily asset financial statements. Due dates range from the 4th business day through the 25th of each month; 25% of the financial statements reviewed every month are shared with the CFO.
• Prepare monthly financial statement packages for several multifamily asset entities. Specific responsibilities include:
• Posting of cash receipts
• Input lease abstracts
• Process move‑outs and security deposit refunds
• Process rent rolls and delinquency reports
• Review A/P coding and descriptions
• Bank reconciliations
• Monthly Property Management Fee calculations
• CAM set up and calculations
• Handle general accounting: review A/P Prelim report for coding and description accuracy, G/L account analysis, journal entries, bank reconciliation, management fee calculations, reconciliation of scheduled rent to actual rent billed, amortization and depreciation schedules if required.
• Maintain cash records for each property and perform cash management functions. Daily interface with property and regional managers. Work closely with other commercial property accountant team members and A/P Specialists.
• CAM reconciliations are performed using a variety of methods: primary in MRI and in Excel.
• Maintain property files including insurance, property tax and mortgage documentation on Excel for prepaid, accrued and amortization.
• Other duties as assigned.

• A minimum of five years of previous accounting experience. Knowledge of property accounting and lease analysis. Solid understanding of Common Area Maintenance (CAM – recoveries/billbacks) calculations.
• Strong oral and written communication skills.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
• Excellent computer skills, including strong knowledge of Microsoft Office (Outlook, Word, Excel). Yardi and MRI experience preferred, other property management software packages helpful.
• Strong mathematical skills required. Ability to calculate figures and amounts such as discounts, interest, bonuses, proportions, percentages. Ability to apply concepts such as fractions, percentages, and proportions to practical situations. Basic accounting principles.

• Bachelor’s degree in accounting required.

• Medical, dental and vision plans with options for flexible spending accounts (FSA) and health savings accounts (HSA).
• Flexible vacation & time off: generous PTO plan and 10 company holidays, in addition to normal sick time.
• Employee Assistance Program (EAP) to support employees needing additional help outside the office.
• 401(k) retirement plans, guaranteed life insurance, short- and long-term disability coverage. Matching up to a discretionary 10% of employee contributions, subject to change.
• Monthly stipends for mobile plans and commuter assistance.

Woodmont Real Estate Services has detailed the expected annual base salary for this role to be $100,000–$115,000 annually
. This does not include any other potential components of the compensation package, including equity, benefits and perks outlined above.

Woodmont Real Estate Services is a premier asset and property management company, proud to offer over 50 years of experience managing a diverse portfolio of commercial and multifamily properties in Northern California. With a hands‑on management approach, marketing know‑how and in‑depth knowledge of sub‑markets throughout the region, we create unique strategies that are truly custom to each property.

Our mission: to add value to our clients by providing superior service to all who live and work at the properties we manage. We achieve this goal by creating an exceptional professional…