Property Accountant

Senior Residential Property Accountant

Overview

This role is responsible for managing the full-cycle accounting for a portfolio of residential properties. The position requires strong technical accounting skills, attention to detail, and the ability to independently produce accurate financial statements and supporting documentation each month.

Role Responsibilities

• Oversee day-to-day accounting activity for multiple residential entities, including posting daily deposits, preparing journal entries, and completing reclassifications and accruals.
• Utilize fixed-asset software to record asset activity, maintain depreciation schedules, and prepare monthly depreciation entries.
• Process recurring monthly transactions such as mortgage payments, insurance accruals, property tax entries, and interest postings.
• Prepare monthly financial packages that include balance sheet reconciliations, income statements, general ledgers, and detailed supporting schedules.
• Review financial transactions for proper coding, identify corrections or required accruals, and ensure all activity aligns with accounting standards.
• Research, investigate, and resolve outstanding items on bank reconciliations while coordinating with onsite management teams.
• Manage intercompany transactions and maintain an understanding of how activity flows between related entities.
• Maintain organized Excel-based backup schedules and ensure all financial support is updated and audit-ready.

Required Qualifications

• Experience in residential property accounting or a similar real estate accounting environment.
• Strong understanding of accrual accounting principles, general ledger management, and balance sheet reconciliation.
• Ability to work efficiently in a high-volume setting while meeting monthly and quarterly deadlines.
• Proficiency with accounting systems such as Microsoft Dynamics, NetSuite, Sage, QuickBooks, or comparable software.
• Advanced Excel skills, including the ability to maintain schedules and build supporting analyses.
• Strong communication, analytical thinking, and the ability to work independently with minimal oversight.