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Property Financial Analyst

2 months ago

Dallas, Texas, United States Avenue5 Residential Full time

Avenue5 Residential is expanding, and we are seeking a skilled Property Financial Analyst to enhance our dynamic team.

About Us

We are a lively third-party multifamily property management company with a presence across the United States. Our culture is vibrant and inclusive, where we:

  • Value our associates, acknowledging their contributions and fostering their growth.
  • Invest in our team members to help them reach their full potential.
  • Make every significant decision with our associates' interests at heart.
  • Celebrate our team’s achievements and motivate them to excel further.

About the Property Financial Analyst Role

We are looking for a talented Property Financial Analyst who will oversee general ledger accounting tasks, including balance sheet reconciliations and the creation of monthly financial reporting packages for properties. This role involves managing the financial aspects for 6-10 properties, collaborating with property managers and regional leadership to ensure precise, timely, and comprehensive financial execution.

Key Responsibilities

  • Compile and analyze financial data for month-end and year-end close, including preparing supporting schedules and work papers.
  • Generate monthly reporting packages for 6-10 properties, encompassing financial statements and bank reconciliations.
  • Prepare journal entries and verify the accuracy and completeness of general ledger activities.
  • Manage cash operations, including cash application and reconciliations.
  • Work closely with property managers and regional leadership to ensure timely and accurate pre-close activities.
  • Proactively engage with clients regarding property profitability and address inquiries promptly.
  • Support accounts payable and accounts receivable functions.
  • Facilitate the onboarding of new properties to ensure correct setup and produce accurate financial statements.
  • Execute other related duties or special projects as required.

Education and Experience

  • A Bachelor’s degree in accounting or a related business field is required.
  • A minimum of five years of experience in an accounting role is essential.
  • Preferred experience includes three or more years in multifamily property management accounting.
  • Familiarity with Yardi Voyager or similar systems is advantageous.
  • Strong knowledge of GAAP is required.

Skills and Requirements

  • Exceptional written and verbal communication skills.
  • Intermediate to advanced proficiency in MS Office Suite, particularly Excel.
  • Meticulous attention to detail with a strong focus on accuracy.
  • Ability to meet deadlines consistently.
  • Capability to perform advanced mathematical functions.
  • Experience in cash forecasting, planning, and management.
  • Ability to interpret and analyze financial statements.
  • Capacity to work independently and prioritize effectively in a fast-paced environment.

Scheduling

Typically, Monday to Friday, 8 AM to 5 PM.

Environment

Standard office environment.

Physical Requirements

Avenue5 is committed to providing reasonable accommodations for individuals with disabilities to perform essential functions, which may include:

  • Ability to lift, push, and pull up to 25 pounds.
  • Hearing and visual abilities to observe and detect signs of emergency.
  • Capacity to sit, stand, reach, bend, and stoop for extended periods.
  • Effective communication skills for conveying detailed instructions.
  • Ability to perceive sounds at normal speaking levels, with or without correction.
  • Visual requirements including color, depth perception, and field vision.
  • Ability to compare, copy, coordinate, synthesize, negotiate, communicate, and instruct.
  • Ability to manage stress and work under minimal to moderate supervision.

Diversity

Diversity fosters a healthier atmosphere: Avenue5 is an Equal Employment Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.