Salary: $55,000.00 – $68,000.00

Client is seeking a Senior Property Accountant to join their team.

The Senior Property Accountant reports to the Accounting Supervisor and will be responsible for ensuring all transactions related to the assigned properties are recorded accurately and reported timely. This position will support and work with all levels of Associates in ensuring their needs are met to support the investors, associates and partners.


The Role You’ll Play

  • Create monthly financial reports for 13-15 properties

  • Create and post monthly journal entries and accrual

  • Review and post month end reclasses and accruals provided my onsite property managers

  • Prepare month-end close packages and work collaboratively with regional teams to ensure accurate reporting of financial activity

  • Perform monthly detailed review of each property’s Income Statement

  • Actively participate in monthly financials calls of a detailed with onsite management, operations, and investments

  • Assist in the preparation of yearly budgets, including providing fixed asset deprecation budgets

  • Provide monthly and quarterly financial reports to lenders and investors

  • Prepare balance sheet account reconciliations on a monthly basis

  • Manage intercompany accounts payable and receivable and transfer money between properties and tiers as needed

  • Analyze and transfer cash between security deposit and operating accounts to ensure all security deposit funds are held in the correct account

  • Tie out month end balances between two software systems and assist with researching an variances

  • Assists in month end advancement of the onsite software by running reports, ensuring proper balances, and advancing the month in Leasing & Rents

  • Write off forfeited security deposits

  • Maintain fixed asset depreciation schedules

  • Ensure recorded fixed assets are in compliance with write fixed asset policy

  • Review and calculate year-end adjusting entries

  • Prepare income and expense reclasses as needed

  • Perform weekly Accounts Payable reviews and make needed reclasses

  • Post monthly debt service payments for properties

  • Complete weekly and monthly bank reconciliations and assist with research items

  • Provide cash position reports to management with current cash and projected remaining monthly expenses to assist in proactive cash management

  • Reconcile loan activity on a monthly basis

  • Review lender tax and insurance escrows or self-escrow for tax and insurance if required

  • Accrue or amortize taxes and insurance monthly

  • Assist with year-end audit requests

  • Assist in compiling lender Replacement Reserve draws

  • Work with company improvements, investments, and operations to ensure no proper separation of construction cost and generate and provide billing when necessary

  • Compete yearly business license renewals

  • Assist with Ad hoc projects as needed by the Accounting Supervisors or Assistant Property Controllers including, but not limited to recording payroll estimates, corporate funding’s, and distributions

  • Code and upload monthly corporate billings

Your Building Blocks of Success

  • Organizational, quantitative and strong analytical skills

  • Attention to detail

  • Understanding of GAAP accounting and strong general ledger background

  • Ability to approach problems both logically and creatively

  • Strong verbal and written communication skills

  • Ability to perform multiple assignments without immediate supervision

  • Collaborative approach to working with regional team members and accounting peers

  • Ability to multi-task and prioritize daily, weekly and monthly tasks to meet deadlines timely

  • Strong working knowledge of Excel

Required Knowledge and Experience

  • Four year degree in Accounting or Finance

  • Two to four years of experience in real estate accounting preferred

  • Audit experience with big four accounting firm preferred

Company Overview

We create, reimagine, and manage apartment communities for over 100,000 residents nationwide. Headquartered in Atlanta, GA, we have communities in ten states and regional offices in Charlotte, Dallas, Denver, Houston, and Orlando. From product design and procurement to general contracting and property management, we do it all – to make sure our communities are the perfect setting for living life to its fullest.

Our success is fueled by our belief in a better life – where hospitality is always a given, each detail is worth a second thought, and every open door is a new opportunity to go beyond expectations. We come to work every day to create possibilities for people – possibilities that translate into superior living spaces and experiences designed to inspire our residents, associates, and investors to live a better life focused on what matters most to them.

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