What are the responsibilities and job description for the Property Management Accountant position at Fusco Management Company?
Job Title: Property Management Accountant
Location: Onsite | New Castle, DE
About Fusco Management
Fusco Management is a local, family-owned real estate company founded in 1965. We own and manage our own assets, allowing our team to work exclusively on an internally held portfolio without third-party client pressure. Our organization continues to grow while maintaining conservative, disciplined business practices and a long-term commitment to modernizing local communities.
This is an opportunity to join a stable, well-established company that values accuracy, accountability, and long-term relationships.
Position Overview
The Property Management Accountant plays a critical role in the monthly close process, financial reporting, and overall accounting operations for a portfolio of more than 70 properties. This position requires strong technical accounting knowledge, attention to detail, and the ability to manage high-volume accounting functions in a deadline-driven environment.
Key Responsibilities
Financial Reporting & Close
- Prepare and deliver monthly financial statements for assigned properties, including executive summary narratives
- Assist with monthly close activities, including journal entries and account reconciliations
- Review balance sheets and general ledger accounts to ensure all balances are fully reconciled
- Maintain and reconcile fixed asset schedules to the trial balance
Accounting Operations
- Prepare monthly bank reconciliations
- Maintain the general ledger and ensure accurate accounts payable coding and data entry
- Calculate and record monthly management fees by property
- Monitor and process tenant security deposit transfers and refunds
Tenant Billing & Revenue
- Manage tenant billing for monthly, quarterly, and annual charges, including:
- Rent
- CAM charges and reconciliations
- Utilities
- Real estate taxes
- Insurance
- CPI increases
- Percentage rent
- Late fees and NSF charges
Audit, Tax & Compliance
- Prepare supporting documentation for annual audits
- Coordinate year-end activities with external CPA/audit firms
- Review and post year-end adjusting journal entries provided by CPAs
- Calculate and file Delaware Gross Receipts Taxes (monthly and quarterly) by required deadlines
Budgeting & Forecasting
- Assist property management with the development of annual budgets and cash flow forecasts
Required Qualifications & Experience
- Bachelor’s degree in Accounting from an accredited college or university
- 5 years of property management accounting experience
- Strong working knowledge of GAAP
- Advanced proficiency in Microsoft Excel and Word
- Proven ability to produce accurate, detailed financial reporting
- Strong analytical, problem-solving, and critical-thinking skills
- Excellent written and verbal communication skills
- Ability to manage priorities and meet deadlines in a fast-paced, high-volume environment
- Demonstrated ability to work independently while collaborating cross-functionally
- Strong organizational skills with a high degree of confidentiality and professionalism
Preferred Qualifications
- Experience with Yardi or similar property management accounting software
Why Join Fusco Management?
- Long-standing, family-owned organization with nearly 60 years of stability
- Work directly with internally owned assets—no third-party property chaos
- Fully paid health insurance and strong retirement match
- Collaborative, close-knit team environment
- Opportunity to grow with a company focused on modernization and long-term value
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