Property Accountant - Page

ESC has an exciting opportunity for a Property Accountant to support our client who provides comprehensive real estate solutions across the United States. The Property Accountant is responsible for the full-cycle accounting and financial reporting for a portfolio of residential and Low-Income Housing Tax Credit (LIHTC) properties. This role ensures timely and accurate financial statements, maintains compliance with LIHTC and other affordable housing regulations, and partners closely with Property Management and Operations to support effective month-end close and reporting processes.

The role will work hybrid in Kenosha, WI (with 3 days in office), but may be open to fully remote for a highly qualified candidate.

• Prepare monthly, quarterly, and annual financial statements for assigned properties
• Complete bank reconciliations, general ledger reconciliations, and supporting schedules
• Record journal entries, accruals, and reclasses
• Review and analyze budget-to-actual variances and provide explanations
• Assist with annual budget preparation and forecasting
• Maintain fixed asset schedules and record depreciation

• Ensure financial reporting complies with LIHTC program requirements
• Assist with cost certifications, owner reporting, and regulatory filings
• Prepare audit work papers and support annual financial statement audits
• Coordinate with compliance and property management teams to ensure accurate reporting

• Review accounts payable and receivable activity for assigned properties
• Ensure proper coding of expenses and adherence to company policies
• Monitor tenant receivables, subsidy payments, and reserve balances
• Support cash management and distribution calculations
  
  Prepare quarterly and annual reporting packages for ownership and investors
• Assist with partnership distributions and related reconciliations
• Support lender reporting requirements and financial covenant tracking

• Partner with Property Management and Operations to resolve accounting issues
• Participate in month-end close meetings and cross-department communication
• Identify opportunities to improve processes, reporting efficiency, and internal controls
• Support system enhancements and accounting initiatives

• Bachelor’s degree in Accounting or Finance or equivalent
• 3–5+ years of property accounting experience
• Direct experience with residential and LIHTC properties strongly preferred
• Strong knowledge of GAAP and real estate accounting principles
• Experience with property management/accounting software (Yardi, Real Page, Appfolio, MRI, etc.)
• Strong Excel skills
• Ability to manage multiple properties and deadlines

• Strong analytical and problem-solving skills
• High attention to detail and accuracy
• Effective communication and collaboration skills
• Ability to prioritize and manage competing deadlines
• Self-motivated with the ability to work independently

• Continually required to sit for long periods of time
• Continually required to utilize hand and finger dexterity (computer keyboard)
• Frequently required to talk or hear
• Occasionally required to lift/carry items up to 25 pounds