Multifamily Property Accountant Assistant

# Multifamily Property Accountant Assistant San Antonio, TX 78216## Description Multifamily Property Accountant AssistantREEP Residential San Antonio, Texas Full-Time | Salary | In-Office

Position Overview The Property Accountant Assistant is responsible for assisting with the financial reporting and accounting operations for a portfolio of multifamily communities and related ownership entities. This role ensures the accuracy and integrity of financial statements, supports month-end close processes, and verifies the data for financial insight to support operational and strategic decision-making. The Property Accountant Assistant works closely with the Assistant Controller to maintain compliance with company policies, accounting standards, and internal financial controls across multiple entities.

Key Responsibilities Financial Reporting
* Prepare the data needed to review monthly financial statements for assigned multifamily properties and ownership entities
* Assist with analyzing income statements, balance sheets, and supporting schedules
* Assist with performing variance analysis and provide explanations for fluctuations in revenue and expenses

General Ledger & Month-End Close
* Record and post journal entries including accruals, adjustments, and reclassifications
* Perform bank and balance sheet reconciliations
* Reconcile subledgers to the general ledger
* Assist with timely completion of month-end close for multiple entities and properties
* Maintain supporting schedules and documentation for all financial transactions

Multi-Entity Accounting
* Assist with maintaining accurate accounting records across multiple ownership entities and property portfolios
* Allocate expenses and shared costs appropriately across properties and entities
* Assist with intercompany transactions and reconciliations
* Assist with proper entity-level financial reporting and documentation

Compliance & Internal Controls
* Assist with maintaining strong internal controls over financial reporting and expense approvals
* Support external audits, lender reporting, and ownership reporting requirements
* Maintain documentation for financial records and transactions

Cross-Functional Collaboration
* Work closely with property management teams to ensure accurate financial reporting
* Assist with providing guidance on expense coding, financial processes, and budget adherence
* Support leadership with ad hoc financial analysis and reporting requests

Process Improvement
* Participate in accounting system enhancements and workflow improvements
* Assist in implementing best practices across accounting and reporting functions
- Reporting Structure

Reports to:

Director of Finance and Assistant Controller## Qualifications
** Core

Qualifications:

*** Bachelor’s degree in Accounting, Finance, or related field preferred
* At least 1 year of assisting in full cycle accounting experience preferably, but will train a candidate with a strong understanding of general ledger analysis and financial reporting statements.
* Strong understanding of financial reporting.
* Strong understanding of GAAP and financial reporting practices
* Experience with property management and accounting platforms such as Res Man, Avid Xchange (Avid), Yardi, App Folio, or similar systems preferred
* Strong proficiency in Microsoft Excel
* High attention to detail and strong organizational skills
* Ability to manage multiple priorities and deadlines
* Opportunity to develop into a Property Accountant role based on performance and business needs.
** Work Environment
** This position operates primarily in a professional office environment and routinely uses standard office equipment such as computers, phones, printers, calculators, and financial software systems.
** Physical Requirements
** This position is primarily sedentary and performed in a professional office environment. The employee is regularly required to:
* Sit for extended periods while working at a computer
* Use a computer, keyboard, and other standard office equipment
* Review financial reports and electronic data
* Communicate effectively verbally and in writing

The employee may occasionally be required to:
* Stand, walk, bend, or reach
* Lift or move items up to 15 pounds

Job Type: Full-time
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