Senior Property Accountant

SENOR PROPERTY ACCOUNTANT

The Senior Property Accountant is responsible for the full cycle of accounting for an assigned portfolio of multifamily properties. This role ensures the accuracy, integrity, and timeliness of all financial reporting and supports the company's operational and strategic goals. The Senior Property Accountant serves as a key financial liaison between property management teams and corporate leadership, providing advanced accounting expertise, analytical insights, and mentorship to junior accounting staff as needed.

Key Responsibilities:

• Financial Reporting and Analysis
  • Prepare accurate and timely financial statements and reporting packages for multiple properties.
  • Record and review all journal entries throughout the month, ensuring appropriate documentation and compliance with accounting standards.
  • Review financial statements for accuracy, analyze variances, and provide commentary and recommendations.
  • Manage the full monthly general ledger close process, including account reconciliations and balance sheet schedule preparation.
  • Calculate and review management fees, accruals, and reclassifications to ensure proper accounting treatment.
  • Assist with the preparation of supporting schedules and documentation for annual audits.
    
    
• Cash and Treasury Management
  • Manage cash flow for assigned properties, anticipating future funding needs and addressing potential cash deficiencies.
  • Calculate and process owner cash contributions and distributions accurately and in accordance with deadlines.
  • Perform and review monthly bank reconciliations, investigating and resolving outstanding items promptly.
  • Oversee critical payments such as real estate taxes, insurance premiums, and debt service.
  • Review lender escrow and reserve accounts to ensure adequate funding and perform monthly reconciliations where applicable.
    
    
• Operational Support and Collaboration
  • Collaborate with on-site and operations team to complete pre-close and month-end close activities.
  • Review property-level reports for accuracy and consistency with general ledger data as part of Accounting Month-End (AME) preparation.
  • Ensure timely vendor invoicing and payments, maintaining compliance with company policies.
  • Support annual budgeting processes, including coordination and follow-up throughout draft, revision, and final approval stages.
  • Respond promptly and professionally to inquiries from internal teams, management, and external partners.
  • Participate in process improvement initiatives and ad hoc financial analyses or projects as assigned.

Qualifications:

• Education and Experience: 
  • Bachelor's degree in Accounting or Finance required.
  • Minimum of 4+ years of progressive accounting experience; property or real estate accounting experience strongly preferred.
  • Experience in multifamily property accounting is a plus.
• Technical Skills: 
  • Proficiency in Microsoft Excel and Word required.
  • Experience with financial or property management systems required; Entrata and RealPage strongly preferred.
    
• Core Competencies:
  • Strong analytical and problem-solving skills with the ability to interpret complex financial data.
  • Exceptional attention to detail and commitment to accuracy.
  • Excellent written and verbal communication skills.
  • Proven ability to meet deadlines and manage multiple priorities in a fast-paced environment.
  • Independent, self-motivated, and able to work effectively both autonomously and collaboratively.
  • Strong interpersonal skills with the ability to interact effectively with all levels of staff, management, and external partners.

Physical Requirements:

• Primarily sedentary work performed in an office environment.
• Ability to sit for extended periods while working at a computer.
• Frequent use of hands and fingers to operate a computer, keyboard, and office equipment.
• Ability to view a computer screen for extended periods.
• Ability to communicate effectively via phone, email, and in person.
• Ability to occasionally stand, walk, bend, or reach to retrieve or organize files or materials.
• Ability to lift, carry, or move up to 10–15 pounds occasionally (e.g., files, boxes of documents, office supplies).
• May require occasional visits to construction or project sites, which could involve walking on uneven surfaces or navigating active jobsite environments.

Work Environment:

• Involves extensive computer use and regular use of phone, email, and virtual collaboration tools (e.g., accounting systems, video conferencing).
• Standard business hours are expected.