What are the responsibilities and job description for the Property Accountant position at RHO Residential?
Company Description:
RHO Residential is a property management company committed to reimagining multifamily operations through innovation and expertise. With a comprehensive approach, the company specializes in property management, maintenance, market analysis, and strategic portfolio services. At RHO, team members are the backbone of success, fostering a culture of collaboration and care. Through optimizing property performance and building lasting partnerships, RHO Residential enhances communities and creates welcoming homes for residents while delivering value to all stakeholders.
Role Description:
This is a full-time on-site role for a Property Accountant located in Roseland, NJ. The Property Accountant will handle day-to-day financial and accounting functions for assigned properties, including preparing and reviewing financial statements, posting journal entries, and conducting reconciliations. Additional responsibilities include managing budgets, ensuring compliance with accounting standards, and collaborating with property managers to optimize financial performance. The Property Accountant will also contribute to monthly financial reporting processes.
Essential Duties & Responsibilities:
- Financial reporting for assigned properties
- Assist with the onboarding of new properties
- Completing the monthly close process (including maintaining general ledger accounts, providing monthly account analysis, and reconciling balance sheet accounts)
- Prepare monthly journal entries and accruals
- Enforcing GAAP accounting principles and company policies
- Assist with annual budgeting and forecasting
- Review bank reconciliations for operating and security deposits accounts
- Reconcile credit cards
- Oversee Accounts Payable/Vendor Management
- Oversee third-party accounting provider
- Reconcile intercompany accounts
- Assist in posting AP and processing weekly/biweekly check runs
- Processing cash receipts for Corporate level transactions
Skills & Experience:
- Able to prioritize tasks and projects using time management and organizational skills to achieve overall goals.
- Must be prepared to work with minimal supervision, yet consistently prepared to present results and status of projects to supervisor.
- Strong written and verbal skills.
- Ability to positively communicate with all levels of the organization.
- Must be able to analyze data and supporting evidence to provide recommendations.
- Possess positive interpersonal communication skills.
- Knowledge of real estate and multi-family industry.
- Must be flexible in a fast-paced and changing work environment.
- Must have knowledge of Microsoft Word, Excel, and Outlook.
- Must have Yardi accounting software experience.
- Excellent attention to detail.
- Capacity to meet deadlines in a timely manner.
- Must have the ability to work in a fast-paced office environment
Qualifications:
- Bachelor’s degree in accounting
- Candidates will possess 3-5 years’ experience in a real estate management environment
- Public accounting experience preferred