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Property Accountant

2 months ago

Raleigh, United States Vaco Full time
Property Accountant
We are partnering with a Real Estate company looking for a Property Accountant to join their team. This individual will be responsible for managing all accounting functions related to the company’s property portfolio. This role involves handling financial transactions, preparing financial reports, and ensuring accurate and timely financial operations.

Responsibilities
  • Oversee all accounting activities for assigned properties, including accounts payable, accounts receivable, and general ledger maintenance.
  • Process and record rental income, track and manage tenant payments, and follow up on overdue accounts.
  • Enter and manage property-related expenses, including maintenance, utilities, and property management fees. Ensure all expenses are accurately recorded and allocated.
  • Prepare and maintain financial reports for each property, including monthly income statements, balance sheets, and budget variances. Provide financial summaries to property managers and senior management.
  • Assist in the preparation of property budgets, track budget performance, and report on variances.
  • Manage lease agreements, ensure compliance with lease terms, and track lease renewals and expirations.
  • Perform regular reconciliations of bank statements, accounts receivable, and accounts payable to ensure accuracy.
  • Prepare documentation and support internal and external audits as required.
  • Identify opportunities to streamline accounting processes and implement best practices to improve efficiency and accuracy.
  • Ensure compliance with company policies, accounting standards, and relevant regulations.
Qualifications
  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Proven experience in property accounting or a related role, with a solid understanding of property management accounting principles.
  • Proficiency in accounting software (e.g., Yardi, MRI, or similar) and Microsoft Office Suite.
  • Strong analytical and problem-solving skills with attention to detail.
  • Effective communication skills and the ability to collaborate with property managers, tenants, and other stakeholders.
  • Knowledge of relevant regulations and compliance requirements is a plus.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

  • the individual’s skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.