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Property Accountant

PublishedPublished: 6/14/2022
Real Estate

Job Description

Job DescriptionWe are looking for a detail-oriented Property Accountant to support the financial reporting needs of a growing property management organization in Nashville, Tennessee. This role is responsible for overseeing accounting activities for a portfolio of apartment communities, ensuring timely close processes and accurate financial results. The ideal candidate brings solid general ledger experience, strong analytical ability, and confidence communicating financial matters with both operations teams and property stakeholders.

Responsibilities:
• Manage the monthly close cycle for a portfolio of approximately 17 to 25 apartment communities, ensuring reporting is completed accurately and on schedule.
• Prepare and post recurring and adjusting journal entries, including accruals and deferrals, to maintain reliable general ledger balances.
• Review financial reports such as budget-to-actual comparisons, trailing performance trends, balance sheets, and income statements to confirm accuracy and identify issues.
• Partner with property managers and regional leaders to discuss results, answer questions, and provide clear financial insight for each community.
• Investigate variances in operating results and explain key drivers to leadership and property owners in a concise, business-focused manner.
• Monitor property-level cash positions, assess funding needs, and authorize payable disbursements based on available balances and operational priorities.
• Complete bank reconciliations and reconcile balance sheet accounts to support clean and accurate month-end reporting.
• Support annual property tax payment activities and assist with additional accounting assignments as business needs evolve.• Bachelor’s degree in Accounting.
• At least 1 year of relevant general ledger accounting experience, with 2 to 3 years preferred.
• Prior exposure to property accounting or the property management industry is strongly preferred.
• Familiarity with OneSite accounting software is preferred.
• Proficiency with Microsoft Excel, Outlook, and Word for daily accounting and reporting tasks.
• Strong understanding of accrual-based accounting, month-end close procedures, reconciliations, and internal controls.
• Excellent attention to detail, effective time management, and the ability to meet recurring deadlines.
• Clear communication skills with the ability to discuss financial information with teams outside the corporate accounting function.

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