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Atlantic Housing Foundation, Inc.
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Property Accountant
$61k-75k (estimate)
Full Time Just Posted
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Atlantic Housing Foundation, Inc. is Hiring a Property Accountant Near Flower Mound, TX

Company: Atlantic Housing Foundation, Inc.
Title: Property Accountant
Location: Dallas, TX
About Atlantic Housing Foundation:Atlantic Housing Foundation, Inc. is a 501(c)3 not-for-profit affordable housing provider. Founded in 1999, we currently own and operate over 10,000 units of multifamily properties in 6 states and 37 cities. In addition to HUD, HAP and LIHTC properties, Atlantic Housing owns and operates mixed-income multifamily assets, student housing and senior housing.
The mission of Atlantic Housing Foundation, Inc. is to promote and preserve quality affordable housing and related services for low and moderate income families, helping residents improve their lives. We will do this in a manner that will foster the continuous improvement of our people and our company. We strive to be a top performing, thoroughly professional and genuinely caring organization in all that we do. As an organization, we aspire to and believe in - Making A Difference.
About the Property Accountant Opportunity:The Property Accountant is responsible for month end close, financial statements, timely reporting of all trust accounts and replacement reserve requests. Our growing portfolio consists of a mix of affordable, student housing, and senior living multifamily apartments.
The Property Accountant reports to the Property Controller, and will work closely with the Property and Regional Managers, as well as corporate staff.
Job Responsibilities:â— Budget preparation and support for regional managers
â— Review monthly financials for accuracy
â— Review and prepare monthly GPR
â— Reconcile all bank and trust accounts each month
â— Maintain balance sheet accounts in balance with supporting sub ledger and/or supporting documents (such as AR Rent, Prepaid Rent, Security Deposits, Prepaid insurance, and liabilities)
â— Manage and review credit cards and post JE to properties
â— Help process all required and replacement reserve draws.
â— Update per unit analysis
â— Replacement Reserve schedule
â— Mentor Staff Accountants
â— Assist with the annual audit
Position Qualifications:◠Bachelor’s Degree, Accounting highly preferred.
â— Accounting experience 3 or more years.
Preferredâ— Yardi experience, preferred
â— Relevant work experience within multifamily real estate industry
â— Able to understand, review and analyze property financial statements.
â— Excellent skills with Excel and Word.
Personal Characteristics:· Dedicated to the mission of providing affordable housing and transforming communities.
· Outstanding written and oral communication skills.
· High attention to detail; must possess the confidence that work product is accurate and complete.
· Solve problems independently and be flexible enough to work in a group setting.
· Meet deadlines and prioritize work requirements.
· Ability to provide leadership to property managers and work well within a team setting.

Job Summary

JOB TYPE

Full Time

SALARY

$61k-75k (estimate)

POST DATE

06/02/2024

EXPIRATION DATE

06/22/2024

WEBSITE

atlantichousing.org

HEADQUARTERS

Dallas, TX

SIZE

50 - 100

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The job skills required for Property Accountant include Accounting, Analysis, Financial Statements, Balance Sheet, Credit Card, Leadership, etc. Having related job skills and expertise will give you an advantage when applying to be a Property Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Property Accountant. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Property Accountant positions, which can be used as a reference in future career path planning. As a Property Accountant, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Property Accountant. You can explore the career advancement for a Property Accountant below and select your interested title to get hiring information.

If you are interested in becoming a Property Accountant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Property Accountant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Property Accountant job description and responsibilities

Property accountants prepare, maintain, and review financial records, commercial property agreements, residential property agreements, and deal with some rentals.

04/12/2022: San Antonio, TX

Most property accountants maintain ledgers of accruals and expenditures that document debits and credits during monthly, quarterly and yearly periods.

03/10/2022: Springfield, MA

A property accountant for a hotel chain might also produce profit and loss reports during the same periods.

02/24/2022: Longview, TX

Administer all lease processes and evaluate all activities and prepare required reports for same and ensure accuracy of all data tenant ledgers and coordinate with property manager and evaluate all reports on monthly basis.

01/25/2022: Tulsa, OK

Property accountants are responsible for the daily accounting operations on public properties.

03/27/2022: Bakersfield, CA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Property Accountant jobs

Often, property accountants who manage apartment building finances submit applicants' credit applications to credit bureaus and analyze reports to determine the creditworthiness of the applicants.

03/18/2022: Providence, RI

Some property accountants oversee the finances of maintenance and repair expenditures.

03/17/2022: Raleigh, NC

Some property accountants oversee the sale of properties, working with commercial real estate agents and performing mortgage-closing duties.

03/13/2022: Somerset, NJ

Property accountants complete general ledger entries and manage cash balances.

02/26/2022: Springfield, IL

Property accountants assist with the preparation of documents for annual audits and tax filing processes.

01/23/2022: Portsmouth, OH

Step 3: View the best colleges and universities for Property Accountant.

Florida Southern College
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