Property Accountant

Description:

Responsibilities:

• Manage day-to-day accounting operations for residential properties, including accounts payable, accounts receivable, and general ledger maintenance.
• Record and reconcile financial transactions related to rental income, operating expenses, and capital expenditures.
• Ensure accuracy and completeness of financial records in compliance with accounting standards and regulations.
• Prepare monthly, quarterly, and annual financial statements for residential properties.
• Analyze financial data to identify trends, variances, and areas for improvement.
• Provide financial reports and analysis to property management and ownership teams.
• Assist in the development of annual operating budgets for residential properties.
• Monitor budget performance and provide regular updates on variances and projections.
• Collaborate with property management teams to identify cost-saving opportunities and revenue enhancement strategies.
• Maintain lease databases and ensure accurate recording of lease terms, rent payments, and tenant charges.
• Review lease agreements to ensure compliance with financial terms and conditions.
• Coordinate with property management teams to address lease-related issues and inquiries.
• Assist in the preparation of property tax returns and other tax filings.
• Ensure compliance with local, state, and federal regulations related to residential property accounting and taxation.
• Coordinate with external auditors and tax advisors during audits and tax filings.

Requirements:

• Bachelor's Degree in Accounting or other related field
• 2+ years' working experience within property accounting or construction; multi-family is preferred
• Advanced skills within Excel including VLOOKUPs and Pivot Tables
• Proficient verbal and written communication skills