Job Title: Senior Property Accountant

Job Overview: We are seeking an experienced Senior Property Accountant to manage monthly financial reporting, journal entry posting, and reconciliation for a portfolio of properties. This role involves collaborating with internal teams to prepare budgets, ensuring accurate financial reporting, and overseeing cash projections. The ideal candidate will have a solid background in real estate accounting, be highly proficient in Microsoft Excel, and possess a deep understanding of GAAP principles.

Key Responsibilities:

• Prepare and post monthly journal entries, including reclasses and accruals.
• Generate and review monthly financial reports, ensuring accurate reporting and reconciliation.
• Collaborate with internal teams to develop annual budgets and monitor financial performance.
• Prepare and oversee cash position/projection reports with the Accounting team.
• Reconcile month-end balances between systems and assist with variance resolution.
• Manage monthly debt service payments and reconcile loan activity for each property.
• Ensure security deposit funds are accurately allocated; manage forfeited security deposits.
• Maintain proper separation of construction costs and provide billing support when necessary.

Requirements:

• High proficiency in Microsoft Excel.
• Strong understanding of GAAP, financial accounting processes, and general ledger reconciliation.
• Bachelor’s degree in Accounting preferred, or at least 5 years of experience in Commercial or Multi-Family Real Estate Accounting.
• Excellent organizational, communication, and analytical skills.
• Ability to manage multiple assignments under tight deadlines.

Pluses:

• Experience with RealPage ERP software.
• CPA or MBA preferred.