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Lead Property Accountant

2 months ago

Seattle, Washington, United States Avenue5 Residential Full time

Avenue5 Residential is expanding, and we are seeking a Senior Property Accountant to enhance our dedicated team.

About Us

We are a dynamic third-party multifamily property management firm with a presence across the United States. Our culture is vibrant and inclusive, emphasizing a make-it-happen attitude where we:

  • Value our associates, recognizing their contributions and fostering their growth.
  • Invest in our team members to help them achieve their fullest potential.
  • Make decisions with our associates' best interests at heart.
  • Celebrate successes and motivate our team to reach new heights.

Summary of Responsibilities:

The Senior Property Accountant will oversee the general ledger accounting for a portfolio of six to ten properties. This includes balance sheet reconciliations, preparing monthly financial reporting packages, and collaborating with property and regional managers to ensure accurate financial execution.

Primary Responsibilities:

  • Compile and analyze financial data for month-end and year-end close, including supporting schedules and work papers.
  • Prepare monthly financial reporting packages for a portfolio of properties, including financial statements and bank reconciliations.
  • Ensure accuracy and completeness of general ledger activities through journal entries.
  • Manage cash operations, including cash application and reconciliation.
  • Work closely with property and regional managers to ensure timely pre-close activities.
  • Engage with clients regarding property profitability and respond to inquiries promptly.
  • Assist the accounting manager in reviewing financial information and bank reconciliations.
  • Support accounts payable and receivable functions.
  • Facilitate the onboarding of new properties to ensure proper setup and accurate financial reporting.
  • Assist in training new associates as directed by the accounting manager.
  • Perform additional duties as assigned.

Education and Experience:

  • Bachelor's degree in accounting or a related field is required.
  • A minimum of five years of experience in an accounting role is required.
  • At least three years of experience in multifamily property management accounting is required.
  • Experience with Yardi Voyager or similar systems is preferred.
  • Knowledge of GAAP principles in the multifamily property management sector is preferred.

Skills and Requirements:

  • Ability to work independently and prioritize tasks effectively in a fast-paced environment.
  • Intermediate to advanced proficiency in MS Office Suite, particularly Excel.
  • Excellent written and verbal communication skills.
  • Strong organizational and time-management abilities.
  • Must handle confidential information with sensitivity.
  • Completion of Avenue5 Fair Housing, Diversity, and Inclusion Training within the first month of employment is required.

Scheduling:

Must maintain a regular schedule, which may include overtime, weekends, and non-traditional holidays.

Environment:

Typical office environment.

Physical Requirements:

Avenue5 will provide reasonable accommodations for individuals with disabilities to perform essential functions, which may include:

  • Ability to lift, push, and pull up to 25 pounds.
  • Ability to observe and respond to emergency situations.
  • Ability to remain stationary and move around as needed for extended periods.
  • Effective communication skills to convey detailed instructions.
  • Ability to perceive sounds and communicate effectively.
  • Visual acuity for depth perception and field vision.
  • Ability to work under minimal to moderate supervision.

Diversity:

Avenue5 is an Equal Employment Opportunity/Affirmative Action employer. We welcome all qualified applicants 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.