Property Accountant

The Property Accountant is responsible for ensuring accurate financial reporting and effective financial management for assigned properties. This role supports operations, asset management, and external partners by maintaining the general ledger, monitoring cash activity, preparing financial statements, and ensuring compliance with accounting standards and organizational procedures.

• Prepare and post detailed journal entries for income, expenses, accruals, and reclassifications.
• Maintain the accuracy of all financial transactions and ensure a timely month-end close.
• Perform monthly bank and general ledger account reconciliations, resolving discrepancies promptly.
• Monitor daily cash activity and ensure all transactions are recorded correctly.
• Record all subsidy payments received.
• Process auto batches to streamline monthly bank reconciliation processes.
• Prepare draft financial statements for review by asset management.
• Work with ownership groups to produce specialized financial packages and financial status updates.

• Collaborate with operations to resolve ledger-splitting issues and correct posting errors.
• Provide guidance to property staff on proper accounting practices.

• Assist with annual audits by preparing schedules and documentation for auditors/CPAs.
• Ensure timely payment of annual tax and insurance invoices.

• Prepare Cap Ex reimbursement packages for lenders for qualifying replacements (e.g., HVAC, flooring, appliances).

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field (required).
• 2–4 years of accounting experience, preferably in property management or real estate.
• Strong understanding of GAAP and month-end close processes.
• Experience preparing financial statements and performing reconciliations.
• Proficiency with accounting systems (e.g., Yardi, MRI, Real Page) preferred.
• Advanced Excel skills including pivot tables and lookup functions.
• Strong analytical and problem-solving skills.
• High attention to detail and ability to meet deadlines.
• Effective communication and collaboration abilities.
• Ability to manage multiple properties with strong organizational discipline.