Property Accountant
Listed on 2025-12-23
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Accounting
Financial Reporting, Accounting Manager -
Finance & Banking
Financial Reporting, Accounting Manager
Join to apply for the Property Accountant role at Sherman Associates
.
Our corporate support team is currently seeking an experienced Accounts Payable Specialist to join our accounting team! This position will office in Downtown Minneapolis (parking provided) and support our diverse real estate portfolio.
The Property Accountant is responsible for the portfolio of residential and mixed‑use commercial properties, monthly accounting and financial statement preparation in accordance with GAAP. Candidates with demonstrated industry experience in property accounting and within complex, multi‑entity organizations are strongly urged to apply.
Essential Functions- Preparation of monthly financial statements including HUD, MHFA and other regulated properties
- Ability to work with a large portfolio of properties with various levels of complex accounting
- Responsible for month‑end closing procedures including, but not limited to:
Bank reconciliations, monthly accruals, balance sheet reconciliations, general ledger analysis, MHFA/HUD monthly reporting requirements - Review accounting and related system reports for accuracy and completeness
- Preparation of monthly, quarterly and annual reporting packages to external parties
- Assist with preparation of annual property budgets
- Preparation of semi‑annual replacement reserve draw package and surplus cash calculations
- Preparation of year‑end property audit work papers
- Various ad‑hoc projects as necessary
- BA/BS in Accounting / Business with an emphasis in Accounting or a related field required.
- 1‑3 year residential property accounting experience including MHFA/HUD
- Bank Reconciliation, Balance Sheet Reconciliation, and Month‑End Close experience
- Ability to meet deadlines in a fast‑paced environment
- Quick learner with a high attention to detail
- Able to multi‑task while setting priority, work independently and in a team setting
- Understands and applies accounting process and practices with attention to detail
- Strong Microsoft Office Suite skills required, with emphasis in Excel
- Real Page accounting software preferred
Pay Range: $55‑70k annually. Pay is based on several factors which vary based on position; including experience, skills, and knowledge the selected individual is bringing to the specific job.
Benefits- Medical, dental and vision insurance plans
- Employer‑paid short‑term disability
- Employer‑paid life insurance
- Additional supplemental insurance policies including:
Voluntary Accident & Critical Illness;
Hospital Indemnity;
Long‑Term Disability;
Pet insurance - Employer‑paid employee assistance program
- Fully vested 401k company match program
- 9 Paid holidays and competitive PTO program
- Sherman Associates' Starbucks and Hotel discounts
Sherman Associates is an Equal Opportunity and Affirmative Action Employer. We encourage women, minorities, individuals with disabilities, and protected veterans to apply.
This job advertisement is intended to provide information essential to understanding the scope of the position. It is not an exhaustive list of skills, duties, responsibilities or working conditions associated with the position.
Only applicants who complete our online application process will be considered for employment. Applicants that need reasonable accommodations to complete the application process may contact careers@sherman‑
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