Property Accountant

2 months ago

Braintree, United States Robert Half Full time
Job DescriptionJob DescriptionWe are searching for a Property Accountant to join our team. This role is located in Braintree, Massachusetts and will focus on accounting and external financial reporting for a diverse portfolio of properties. The Property Accountant will ensure accuracy, consistency, and compliance across the portfolio, which includes both owned and fee-managed market, mixed-use, and affordable multi-family properties.

Responsibilities:

• Record and analyze monthly gross potential rents, loss/gain to lease, and vacancy.
• Perform monthly account reconciliations and keep supporting analytical schedules up-to-date.
• Adjust management fees as needed and ensure timely payments of monthly mortgages and quarterly real estate tax payments.
• Maintain recurring payables and journal entries for each property.
• Process non-standard or non-recurring payables and journal entries as necessary.
• Review and analyze monthly general ledger activity, resolve issues with property management personnel, and record any necessary adjustments.
• Complete month-end closing and prepare periodic reporting packages for lenders and/or investors.
• Support property management in the preparation of periodic and ad hoc reporting requests from ownership.
• Prepare year-end audit workpapers for external audit and manage the audit process for your portfolio.
• Monitor available cash on an ongoing basis and record cash transfers as needed.
• Follow company policies and procedures at all times.

• Demonstrable proficiency in Account Coding is required.

• Familiarity with various Accounting Software Systems is a must.

• Expertise in Yardi, OneSite/RealPage, Appfolio, or MRI is required

• A solid understanding of comprehensive Accounting Functions is expected.

• Experience in managing Accounts Payable (AP) and Accounts Receivable (AR) is needed.

• Previous experience in Auditing is a plus.

• Ability to work collaboratively within a team and independently is essential.

• Excellent written and verbal communication skills.

• Attention to detail and high level of accuracy.

• Ability to meet deadlines and handle multiple tasks concurrently.

• Must exhibit a high level of confidentiality and discretion.

• Bachelor's degree in Accounting, Finance, or a related field is required.

• Relevant certifications such as CPA or CMA are preferred.

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