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Resident Accountant

PublishedPublished: 6/14/2022
Real Estate

Job Description

Job DescriptionThe Resident Accountant is responsible for supporting the financial operations of the property management portfolio by reviewing resident ledgers, monitoring accounts receivable, processing payments, and ensuring accurate financial reporting. This position works closely with Property Managers and Regional Managers to maintain accurate resident accounts and support timely collections and eviction processes.Essential Duties and ResponsibilitiesReview and correct resident ledgers to ensure accuracy and proper account balancesMonitor and assess late fees in accordance with company policiesProcess resident payments and apply charges accuratelyReview and correct lease charges as neededWork alongside Property Managers to ensure timely eviction filings and required notices are completedMonitor delinquency and collections activity across assigned propertiesReview Accounts Receivable (AR) reports and provide detailed notes and updates to Regional ManagersComplete month-end reporting and reconciliation processesReview Gross Potential Rent (GPR) reports for accuracy and reporting consistencyIdentify discrepancies within resident accounts and resolve issues promptlyMaintain accurate financial documentation and resident account recordsCommunicate with onsite teams regarding ledger corrections, payment issues, and outstanding balancesAssist Property Managers with establishing payment plans and monitoring payment plan compliance, when applicableSupport compliance with company policies, lease requirements, and accounting proceduresCoordinate with property management, Corporate Accounting Team and ownership accounting partners as needed in processing and reviewing payscan invoicingCoordinate with Property Managers for financial auditsQualifications3-5+ years in property management accounting, accounts receivable, or affordable housing requiredStrong understanding of resident ledgers, rent collections, and delinquency processesExperience with property management software requiredStrong attention to detail and organizational skillsAbility to manage multiple properties and deadlines efficientlyProficient in Microsoft office including word, excel, outlook ect.Understanding of financial reporting literacy and invoice processing and reconciliationStrong communication and problem-solving skillsHigh School Diploma or equivalent required

Job Posted by ApplicantPro

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