Property Accountant

Position: PROPERTY ACCOUNTANT

The Property Accountant is responsible for delivering comprehensive accounting support for a diverse real estate portfolio. This position ensures the accuracy and integrity of financial data, supports operational and ownership reporting needs, and maintains strong internal controls. This position has a diversified portfolio to include Commercial, Residential, and LIHTC properties.

Essential Functions

• Prepare monthly financial statements, including income statements, balance sheets, and cash flow reports.
• Prepare quarterly and annual financial reporting packages for ownership, lenders, and auditors.
• Ensure compliance with GAAP and company accounting policies.

General Ledger & Month-End Close

• Maintain and reconcile general ledger accounts for assigned properties.
• Prepare and post journal entries, accruals, amortizations, and adjustments.
• Execute month-end and year-end closing procedures accurately and within required timelines.
• Review and reconcile intercompany transactions and cross-entity allocations.

Property-Level Accounting

• Review tenant ledgers, rent rolls, and lease activity for accuracy.
• Review revenue, management fees, reimbursements, and other property-level income.
• Prepare CAM (Common Area Maintenance) reconciliations and annual CAM estimates.
• Oversee security deposit accounting, refunds, and transfers in accordance with state regulations.

Systems & Reporting (App Folio and Real Page)

• Generate, customize, and validate financial and operational reporting through App Folio and Real Page
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• Ensure data accuracy within both systems, including GL mapping, property setups, and reporting structures.
• Assist with system enhancements, workflow improvements, and software configuration changes.
• Provide internal support to property management and operations teams on accounting-related system issues.

Accounts Payable, Receivable & Cash Management

• Reconcile bank accounts, credit card activity, and cash deposits.
• Ensure compliance with internal controls related to cash and disbursements.

Compliance & Audit Support

• Maintain accurate and organized financial records in accordance with audit standards.
• Ensure adherence to company policies, internal controls, and industry regulations.

Process Improvement

• Evaluate existing accounting processes and recommend improvements for efficiency and accuracy.
• Assist with the development and documentation of accounting policies and procedures.
• Participate in cross-functional initiatives impacting accounting and operations.

Qualifications Education & Experience

• Bachelor’s degree in Accounting.
• Previous property accounting experience preferred.
• Proficiency in both App Folio and Real Page software required.
• Strong experience with multi-entity and multi-property environments preferred.

Knowledge, Skills & Abilities

• Strong understanding of GAAP and real estate accounting practices.
• Advanced proficiency with Excel and financial analysis tools.
• Strong analytical, organizational, and problem-solving skills.
• Excellent written and verbal communication abilities.
• High attention to detail and accuracy.
• Ability to manage multiple priorities with minimal supervision.
• Strong interpersonal skills with the ability to collaborate across departments.
• Sound professional judgment and ability to maintain confidentiality.

Working Conditions

• Standard office hours – fully in office with hybrid schedule possible
• Occasional extended hours may be required to meet reporting deadlines.

What You’ll Love About Working Here

• Invest in Your Future: 401(k) with company match, plus annual merit-based increases
• Prioritize Your Health:Comprehensive medical, dental, vision, life insurance, Long-Term Disability, and FSA and HSA options.
• Recharge and Renew:Generous paid time off and 8+ paid holidays.
• Voluntary Benefits:Short Term Disability, Accident, Critical Illness, and Hospital Indemnity.
• Keep Growing:Ongoing education, leadership training, and advancement opportunities across all departments.
• Celebrate Together: Annual employee appreciation events, team outings, and company-wide recognition programs.
• Make an Impact: Contribute to meaningful projects that shape neighborhoods and improve lives.

The above is intended to describe the general content of and…