What are the responsibilities and job description for the Property Accountant position at The Carroll Companies?
Job Summary:
The Property Accountant is responsible for managing the financial records and reporting for a portfolio of multi-family properties. This role ensures accurate accounting, compliance with regulations, and timely financial reporting to support property operations and investment objectives.
Key Responsibilities:
- Reconcile receipts to ensure they are accounted for correctly.
- Review bank activity to verify all cash activity is captured in the general ledger.
- Prepare a formal bank reconciliation report every month-end.
- Reconcile asset and liability accounts to their subsidiary schedules.
- Review monthly general ledger reports for accuracy and propose journal entries.
- Assist regional and property managers with month-end accruals and expense reclassifications.
- Ensure compliance with company accounting policies.
- Assist in the planning for changes in the accounting for each property.
- Prepare standardized financial reporting packages for management review.
- Analyze operating results compared to budget and historical trends to identify potential adjustments, reclassifications, or missing transactions.
- Prepare written summary of financial performance for management review.
- Ensure compliance with loan covenants.
- Collaborate with the property accountant team to share best practices and generate process enhancements.
Basic Qualifications:
- Education and Experience: Bachelor’s degree in accounting or equivalent combination of education and work experience.
- Skills:
- Accounting knowledge.
- Proficiency in general ledger software.
- Excel workbooks
- Attention to detail and organizational skills
- Analytical and problem-solving abilities
- Critical thinking
Preferred Qualifications:
- Prior experience working with a property management company.
- Familiarity with multi-family software (e.g., RealPage or similar).
Core Competencies
- Accuracy and attention to detail.
- Ability to meet deadlines in a fast-paced environment.
- Strong communication and interpersonal skills.
- Team-oriented with a proactive approach.
The Carroll Companies is committed to fostering a diverse and inclusive workplace where all individuals are valued and respected. We believe that diversity is a source of strength and innovation. We are dedicated to providing equal employment opportunities to all qualified candidates without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. We encourage applicants from all backgrounds to apply and join us in our mission to create a workplace that reflects the diversity of the world we serve. Together, we strive to build a culture that celebrates uniqueness, embraces differences, and ensures that every employee feels empowered to bring their authentic selves to work. Your talent is what matters most, and we are excited to welcome individuals from all walks of life to contribute their skills and perspectives to our dynamic team.