Job Summary
Our client, a well-known multi-family investment and development firm, are looking to add a Senior Property Accountant to their high-caliber accounting team in Scottsdale. The role offers a very flexible, hybrid work schedule with the ability to work from home 3-4 days per week.ABOUT THE FIRM
The firm has a long-standing history of exclusively acquiring class-A multifamily properties throughout the country. Having over 50K units under management, the group offers a ton of stability and growth opportunities with an excellent company culture.
THE OPPORTUNITY
Reporting directly into the Controller, the Senior Property Accountant will be responsible for all aspects of accounting of assigned multi-family properties under management. Responsibilities also include financial statement preparation and consolidations, bank and account reconciliations, journal entries, accruals, and variance analysis.
JOB RESPONSIBILITIES
- Review budgets, revenues, expenses, PO’s, invoices, and other accounting support to complete month end close for portfolio of properties; research and resolve discrepancies as necessary.
- Prepare and enter journal entries (accruals, deposits, reclasses, etc.).
- Perform bank reconciliations, scan checks for deposit, book cash transfers and approve resident refunds.
- Calculate and book monthly GAAP depreciation and amortization.
- Analyze revenue and expense trends against the budget to ensure expenditure control and prepare variance explanations.
- Prepare supporting schedules for balance sheet and income statement analyses monthly.
- Compile and analyze financial information for lenders and investors monthly, quarterly, annually.
- Assist property management with annual budget preparation for assigned accounts.
- Communicate with on-site and other property managers to assist in completing pre-close and close activities, answer questions, provide support, and ensure timely completion of accounting processes for on-time reporting.
- Complete other financial, accounting, administrative tasks/duties as assigned or as necessary.
QUALIFICATIONS
- Bachelor's or Master's degree in Accounting, Finance, Real Estate, Business, or related field
- Multi-family property accounting experience is a must
- 3-6 years experience ideally
- Experience with Yardi, RealPage, OneSite, and/or QuickBooks is preferred
- Self-starter attitude
ON OFFER
- Competitive base salary
- Comprehensive benefits
- Flexible hybrid work schedule only requiring 1-2 days in office per week
