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Title
Text copied to clipboard!Property Accountant
Description
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We are looking for a detail-oriented and experienced Property Accountant to join our finance team. The ideal candidate will be responsible for managing the financial operations related to real estate properties, including budgeting, forecasting, financial reporting, and ensuring compliance with accounting standards and regulations. This role requires strong analytical skills, attention to detail, and the ability to work collaboratively with property managers, leasing agents, and other stakeholders.
As a Property Accountant, you will oversee the preparation of monthly, quarterly, and annual financial statements for assigned properties. You will also be responsible for maintaining general ledgers, reconciling bank statements, processing accounts payable and receivable, and ensuring accurate and timely financial reporting. Your role will be critical in supporting the financial health and performance of the property portfolio.
You will work closely with property management teams to develop and monitor budgets, track expenses, and analyze variances. You will also assist in preparing financial packages for property owners and investors, and ensure that all financial data is accurate and compliant with internal policies and external regulations. The successful candidate will have a strong understanding of real estate accounting principles, excellent communication skills, and the ability to manage multiple priorities in a fast-paced environment.
This position offers an exciting opportunity to contribute to the success of a growing real estate organization. If you have a passion for numbers, a keen eye for detail, and a desire to work in the dynamic field of property management, we encourage you to apply.
Responsibilities
Text copied to clipboard!- Prepare monthly, quarterly, and annual financial reports for assigned properties
- Maintain and reconcile general ledger accounts
- Process accounts payable and receivable transactions
- Assist in budget preparation and variance analysis
- Ensure compliance with GAAP and company accounting policies
- Collaborate with property managers and leasing agents
- Prepare financial packages for property owners and investors
- Monitor cash flow and manage bank reconciliations
- Support audits and provide necessary documentation
- Analyze financial data to identify trends and opportunities
- Maintain accurate and organized financial records
- Assist with special projects and process improvements
Requirements
Text copied to clipboard!- Bachelor’s degree in Accounting, Finance, or related field
- 2+ years of experience in property or real estate accounting
- Strong knowledge of GAAP and real estate accounting practices
- Proficiency in accounting software and Microsoft Excel
- Excellent analytical and problem-solving skills
- Strong attention to detail and organizational abilities
- Ability to manage multiple tasks and meet deadlines
- Effective communication and interpersonal skills
- Experience with Yardi, MRI, or similar property management systems is a plus
- CPA certification is a plus but not required
- Ability to work independently and as part of a team
- Strong ethical standards and integrity
Potential interview questions
Text copied to clipboard!- Do you have experience in real estate or property accounting?
- Which accounting software are you proficient in?
- Can you describe your experience with financial reporting?
- Have you worked with property management systems like Yardi or MRI?
- How do you ensure accuracy in your financial records?
- Describe a time you identified and resolved a financial discrepancy.
- Are you familiar with GAAP and real estate accounting standards?
- How do you prioritize tasks when managing multiple properties?
- What is your experience with budget preparation and variance analysis?
- Have you ever supported an audit process? If so, how?
