Senior Project Accountant

Senior Project Accountant

We are looking for a Senior Project Accountant to oversee the financial activity of a portfolio of rental housing projects in Milwaukee, Wisconsin. This role is responsible for maintaining accurate property-level accounting, supporting budgeting and cash planning, and delivering timely reporting for stakeholders and leadership. The position also plays a key role in compliance activities, audit coordination, and collaboration with operational teams to strengthen financial performance and resolve accounting issues across assigned projects.

Responsibilities:

• Maintain complete and accurate financial records for assigned properties, including rental revenue, operating costs, maintenance expenses, utilities, taxes, and other project-related transactions.
• Prepare monthly journal entries for accruals, prepaid items, intercompany charges, payroll allocations, reimbursements, and other recurring accounting activity.
• Oversee balance sheet activity by reconciling accounts, monitoring cash positions, and ensuring accounting treatment aligns with generally accepted accounting principles.
• Administer banking transactions such as account transfers and positive pay activity while tracking restricted and unrestricted cash balances appropriately.
• Monitor tenant receivables by documenting approvals, reviewing aging activity, and maintaining reserve calculations for uncollectible balances.
• Partner with property managers, operations staff, investors, and external stakeholders to address subledger discrepancies, project concerns, and financial questions.
• Contribute to annual budgets and ongoing forecasts by evaluating expected revenue, expenses, and cash flow trends and identifying opportunities to improve results.
• Produce monthly financial statements and variance analysis for each project, giving leadership and stakeholders clear insight into operational and financial performance.
• Support compliance obligations by reviewing governing agreements, establishing accounting procedures for new entities, managing project audits, completing required annual reporting, and recording construction draw activity when applicable.