Residential Property Accountant
1 month ago
Our client is a growing property management company specializing in residential properties. They are looking for an experienced and detail-oriented Residential Property Accountant to join their team. The ideal candidate will have hands-on experience with either Yardi or MRI property management software and a strong understanding of financial management within the real estate industry.
Key Responsibilities:
- Manage the financial reporting for a portfolio of residential properties, including preparing monthly, quarterly, and annual financial statements.
- Process accounts payable and accounts receivable, ensuring timely and accurate invoicing, payments, and collections.
- Reconcile bank statements, ledgers, and other financial accounts related to property management.
- Prepare and analyze budgets, forecasts, and financial models to support property performance reviews.
- Track and record tenant payments, security deposits, and lease agreements.
- Conduct variance analysis between actual and budgeted financial results.
- Assist in the preparation of annual tax filings, audits, and compliance reports.
- Maintain accurate and organized records of all financial transactions.
- Collaborate with property managers, leasing agents, and other team members to ensure the efficient operation of properties.
- Utilize Yardi or MRI software to manage property accounting processes effectively.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum of 2-3 years of experience in property accounting, preferably within residential real estate.
- Proficiency in Yardi or MRI property management software is required.
- Strong understanding of GAAP and general accounting principles.
- Excellent analytical skills with a keen attention to detail.
- Strong organizational and time-management skills.
- Ability to work independently and collaboratively in a team environment.
- Proficient in Microsoft Office, especially Excel.
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