What are the responsibilities and job description for the Property Accountant position at Southern Management Companies, LLC.?
WHAT WE ARE LOOKING FOR:
We are seeking a Property Accountant to manage the accounting and financial reporting functions for an assigned real estate portfolio. The ideal candidate will have a strong accounting foundation, exceptional attention to detail, and well-developed analytical and organizational skills.
WHAT WE EXPECT FROM YOU:
This role requires a proactive problem-solver who is comfortable asking questions, identifying opportunities for improvement, and helping drive process efficiencies. Strong communication and interpersonal skills are essential, as this position partners with a variety of internal and external stakeholders and ensures financial information is prepared accurately and delivered on time.
If you thrive in a fast-paced, dynamic environment and are looking for an opportunity to make a meaningful impact, we would love to hear from you.
JOB KNOWLEDGE & SKILLS:
· Manage all property accounting functions for an assigned real estate portfolio.
· Prepare accurate and timely monthly financial statements and reporting packages.
· Maintain general ledger accuracy, including journal entries, accruals, reclassifications, and account reconciliations.
· Review and analyze monthly operating results, investigate variances, and provide explanations for unusual activity.
· Monitor delinquency reporting and support property managers with financial analysis and budget variance reviews.
· Process resident accounting transactions, including rent adjustments, write-offs, security deposits, refunds, bad debt reserves, housing assistance (Section 8) adjustments, and employee rent deduction entries.
· Track, accrue, reconcile, and process payments for utilities, insurance, real estate taxes, ground rent, licenses, permits, and other operating expenses.
· Manage business license renewals, personal property tax filings, tax refund schedules, receivable tracking, and other regulatory compliance requirements.
· Assist with the annual budgeting process and related financial forecasts.
· Collaborate with property management and corporate teams to ensure financial accuracy, compliance, and operational support.
Qualifications:
· Prior experience in real estate accounting or property management accounting preferred.
· Bachelor's degree in accounting or a related field preferred.
· Yardi experience preferred.
· Proficiency in Microsoft Excel required.