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Property Accountant

4 months ago

Dallas, United States Michael Page Full time

  • Internal growth within the company
  • Excellent company culture

    About Our Client

    A Houston-based private equity real estate from that specializes in the development and management of multifamily assets.

    Job Description

  • Apply generally accepted accounting principles (GAAP) to analyze, reconcile and prepare monthly financial statements for 7-8 multifamily properties. Properties may include retail spaces and/or HOA's.
Provide oversight to one remote support analyst that processes daily accounting tasks.Analyze financial reporting and information to prepare and post appropriate journal entries into the general ledger. Review and approve recurring journal entries posted by analyst.Maintain, reconcile, and understand balance sheet supporting schedules. Be able to provide support and insight on the basis of calculations and reasoning.Review income and expense accounts for coding accuracy and proper GAAP treatment.Complete capitalization and depreciation schedules.Review bank account reconciliations and cash journals maintained by support analyst.Monitor and meet payment deadlines for property tax, insurance, mortgage, distributions, and other significant payments.Produce monthly reporting packages and financial schedules for multiple investors and lenders.Communicate with and respond to investor inquiries in a timely and professional manner.Provide annual audit team with support and documentation based on their selections.Review preliminary residential reports and communicate deficiencies with the on-site property management team to prepare for month-end close out.Provide site team with accounting related support and guidance to ensure close-out is timely and accurate.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

Accounting degree required.Solid knowledge and previous experience with GAAP accounting.Must have relative industry experience.Strong computer and Microsoft Office skills required. (Excel, Outlook, and Teams)Experience with property management accounting software. Entrata or Yardi is a plusSolid communication skills (written and verbal) are required.Must be able to identify, research, and resolve discrepancies in an independent, professional, and timely manner.Quickly learn and apply company policies and procedures.Must be able to multi-task and work in a deadline-oriented environment.

What's on Offer

Our client offers an exceptional benefits package with competitive compensation, insurance plans, internal growth, and more.