Senior Property Accountant

2 weeks ago

Atlanta, United States Gallery Residential Full time
JOB TITLE:                  PROPERTY ACCOUNTANT/SENIOR PROPERTY ACCOUNTANT
DEPARTMENT:            ACCOUNTING
LOCATION:                 GALLERY RESIDENTIAL, LLC – CORPORATE OFFICE
REPORTS TO:            ACCOUNTING MANAGER
FLSA STATUS:            EXEMPT
DATE PREPARED:     MARCH 2024

BASIC PURPOSE

Under the direction and supervision of the Accounting Manager, the Property Accountant/Senior Property Accountant will be responsible for preparing monthly financial statements for various properties. Specific responsibilities include financial statement preparation and analysis, bank reconciliation preparation/review, journal entry approval, audit participation, research, and accounts payable review.

ESSENTIAL FUNCTIONS
 
  • Responsible for monthly financial statement preparation for assigned properties. This task includes interpreting and analyzing property accounting reports on a routine basis.
  • Ensure compliance with all relevant accounting standards, regulations, and company policies.
  • Responsible for analyzing and creating detailed reconciliation reports of required balance sheet accounts, including prepaid other, capex, property taxes, and insurance.
  • Prepare monthly bank reconciliations, journal entries, management fee, and distribution calculations.
  • Assist in budgeting and forecasting for all properties.
  • Responsible for conducting Treasury responsibilities, including transfers, wires/ACH’s, and managing positive pay issues.
  • Review accounts payable for accuracy, proper coding, and operations approval.
  • Collaborate with the operations team to address accounting-related issues and provide financial guidance.
  • Assist with quarterly/annual external audits as needed.

KNOWLEDGE/EXPERIENCE

BA/BS degree in Accounting or Finance required, along with a minimum of three years of Real Estate accounting experience. CPA/MBA preferred. Excellent analytical, communication, and organizational skills are essential. Knowledge of GAAP and real estate accounting principles is required. Ability to manage priorities and workflow with versatility, flexibility, and willingness to work within a constantly changing work environment. Experience with Entrata/Yardi is preferred.

BENEFITS
 
  • Hybrid work schedule with two to three remote days each week.
  • Competitive market-based salary, commensurate with experience and education.
  • Health, dental, and vision insurance.
  • Paid time off.
  • FSA/HSA options available.
  • Professional development.

 

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