Job Description

A dynamic and rapidly growing real estate investment firm specializing in large-scale multifamily properties seeks a highly motivated and experienced Senior Property Accountant to join its team. This company manages a substantial portfolio of assets and is committed to delivering exceptional returns to its investors. The company culture is fast-paced, results-oriented, and emphasizes professional growth and development.

About the Role:

The Senior Property Accountant will play a crucial role in managing the financial health of a portfolio of properties. This position requires a strong understanding of property accounting principles and practices, as well as the ability to analyze financial data and provide insightful reports. The ideal candidate will be a detail-oriented self-starter with excellent communication and collaboration skills.

Responsibilities:

• Manage the full accounting cycle for assigned properties, including rent collection, expense tracking, accounts payable, and general ledger maintenance.
• Prepare accurate and timely monthly, quarterly, and annual financial statements, ensuring compliance with GAAP.
• Assist in the development and monitoring of property budgets, providing variance analysis and recommendations.
• Perform monthly bank reconciliations, general ledger reconciliations, and other financial analyses.
• Manage property tax assessments and work with external consultants as needed.
• Assist with internal and external audits, providing necessary documentation and support.
• Collaborate with property managers, asset managers, and other team members to ensure accurate financial reporting and efficient operations.
• Identify and implement process improvements to streamline accounting procedures.
• Stay up-to-date on current accounting regulations and best practices.

Qualifications:

• Bachelor's degree in Accounting or a related field.
• Minimum of 2 years of experience in property accounting, preferably with multi-family properties.
• Strong understanding of GAAP and property accounting principles.
• Proficiency in property management software (e.g., Yardi, MRI) and Microsoft Excel.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and as part of a team.
• Detail-oriented and organized with the ability to manage multiple priorities. 

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