What are the responsibilities and job description for the Senior Accountant Multifamily/ Property Management position at ORLO?
About Us
Orlo Management is a growing, multi-state property management company headquartered in Laurel, Maryland, with a strong portfolio of communities throughout Montgomery County and in Michigan. Our portfolio includes market rate, LIHTC and affordable communities serving diverse resident populations.
Position Overview
We are seeking an experienced Senior Accountant to join our growing property management company. This role is responsible for overseeing day-to-day accounting operations, ensuring the accuracy of financial reporting, and supporting strategic financial planning for the organization.
The Senior Accountant will manage core accounting functions including cash flow projections, financial reporting, balance sheet management, and bank reconciliations. Experience in real estate, Multifamily or property management accounting is REQUIRED
This position requires strong analytical skills, attention to detail, and the ability to manage multiple entities and properties in a fast-paced environment.
Key Responsibilities
Financial Reporting & Accounting
- Prepare and review monthly, quarterly, and annual financial statements
- Maintain and reconcile general ledger accounts
- Prepare and review balance sheet reconciliations
- Perform monthly bank reconciliations
- Oversee and support accounts payable and accounts receivable processes
- Ensure accurate recording of all accounting transactions
- Assist with year-end closing and external audits
Cash Management & Forecasting
- Develop and maintain cash flow projections
- Monitor property and company level cash balances
- Provide financial insights to leadership regarding cash position and capital needs
- Assist with budgeting and financial forecasting
Property Management Accounting
- Maintain financial records for multiple properties and entities
- Review property operating statements and variance reports
- Assist with lease accounting, CAM reconciliations, and tenant charges
- Ensure proper accounting for property expenses, reserves, and capital projects
Team Leadership
- Supervise and mentor two accounting team members
- Review staff work for accuracy and compliance
- Provide guidance on accounting processes and improvements
- Assist with training and performance development
Compliance & Process Improvement
- Ensure compliance with GAAP and internal financial controls
- Maintain accurate financial documentation and records
- Identify opportunities to improve accounting processes and efficiency
- Support management with financial analysis and reporting
Qualifications
Required
- Bachelor’s degree in Accounting, Finance, or related field
- 5 years of accounting experience
- Experience with general ledger accounting and financial reporting
- Strong proficiency in Excel and accounting systems
- Experience preparing balance sheet reconciliations and bank reconciliations
- Experience with cash flow forecasting
- Strong analytical and organizational skills
Preferred
- Experience in property management or real estate accounting
- Experience with property management software (Entrata preferably.)
- Prior team leadership or supervisory experience
- CPA or CPA candidate preferred
Physical Demands
- Frequently required to stand, walk, sit, and move throughout the community
- Ability to tour apartments and community amenities, including climbing stairs
- Ability to lift, carry, push, or pull materials up to 25 pounds (e.g., marketing materials, signage, supplies)
- Frequent use of computers, phones, and office equipment
- Ability to reach, bend, kneel, and stoop as necessary
- Visual and auditory ability to interact with residents, prospects, and staff
Why Join Us?
- Competitive salary and benefits package.
- Health, dental, vision and retirement benefits.
- Opportunities for professional development and training
- Generous 401K plan and company matching
- Employer Paid Short Term Disability and Life Insurance
- PTO that increases with tenure
- Paid holidays
- Paid birthday off
- Supportive team environment with a commitment to safety and sustainability.