Senior Property Accountant
2 weeks ago
Our client, a prominent multi-family investment and development firm, seeks a Senior Property Accountant to join their top-notch accounting team in Scottsdale. This role provides a flexible, hybrid work arrangement, allowing remote work for 3-4 days weekly.
About the Firm:
With a track record of acquiring top-tier multifamily properties nationwide, the firm boasts over 50K managed units, providing stability and ample growth prospects within a strong company culture.
The Opportunity:
Under the guidance of the Controller, the Senior Property Accountant will manage all accounting tasks for designated multi-family properties. Duties encompass financial statement preparation, consolidations, bank reconciliations, journal entries, accruals, and variance analysis.
Responsibilities:
Review and analyze budgets, revenues, expenses, POs, invoices, and related accounting data to facilitate month-end closing for property portfolio; investigate and resolve discrepancies as needed.
Prepare and input journal entries covering accruals, deposits, reclassifications, etc.
Conduct bank reconciliations, manage check scanning for deposits, process cash transfers, and approve resident refunds.
Calculate and record monthly GAAP depreciation and amortization.
Assess revenue and expense trends vis-à-vis budget to ensure cost management, and craft variance explanations.
Generate supporting schedules for monthly balance sheet and income statement analyses.
Compile and analyze financial data for lenders and investors on a monthly, quarterly, and annual basis.
Aid property management in annual budget formulation for designated accounts.
Liaise with on-site and other property managers to facilitate pre-close and close activities, address inquiries, offer support, and ensure timely completion of accounting procedures for punctual reporting.
Fulfill additional financial, accounting, and administrative tasks as delegated or required.
Requirements:
Bachelor's or Master's degree in Accounting, Finance, Real Estate, Business, or related field
Multi-family property accounting experience is a must - class A is preferred
3-6 years experience ideally
Experience with Yardi, RezMin, RealPage, OneSite, and/or QuickBooks is preferred
Self-starter attitude
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