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Accountant, Deposit Accounting

3 months ago

Phoenix, United States Invitation Homes Full time

Invitation Homes, a fast-paced evolving publicly traded REIT with a market capitalization of over $22 billion, owns and leases over 85,000 single family rental homes. As the nation’s premier home leasing company with an entrepreneurial spirit, we need dedicated, organized, and detail-oriented accounting professionals to provide timely and accurate financial information to our partners in the field and at our corporate offices as well as to our shareholders.

Our core values (Unshakeable Integrity, Continuous Excellence, Standout Citizenship, and Genuine Care) are at the core of all our interactions with internal and external customers. We focus on team building and community involvement in addition to providing critical business support by performing general accounting functions.

Job Summary

Deposit Accounting is a centralized function which supports our Property Management team's process of end of lease accounting for our portfolio of single-family rental homes. The Deposit Accountant is responsible for the Yardi reconciliation of security deposits as the final step in the resident life cycle upon move-out. This position works closely with the Property Management teams to properly capture monies due/owed to/from the resident and provides support for deposit accounting related questions.

E ssential Job Duties and Responsibilities

Provide Genuine Care when assisting our Property Management staff with Deposit Accounting requests for information. Have a working knowledge of the Resident lease, including the application process. Perform a detailed audit of the resident ledger and related move out documentation prior to posting the final reconciliation of the resident security deposit to ensure timely and accurate completion of end of lease accounting. Become a department expert on the legal statutes for the return of security deposits for the assigned markets. Prepare and post correcting entries to the resident ledger as requested. Prepare check requests and supporting documentation in a timely manner for resident refunds when appropriate. Prepare and mail final Statement of Deposit Accounting resident communication in accordance with applicable State laws. Perform other duties as assigned.

E ducation a nd/or Experience

BBA/BS in Finance, Accounting, or Economics preferred. Minimum of two (2) years of relevant work experience.

Skills/Specialized Knowledge

Real estate development, hospitality, and/or property management experience preferred. Knowledge and use of Yardi property management software preferred. Knowledge and use of SharePoint software preferred. Advanced working knowledge of Microsoft Outlook, Word, and Excel, as well as accounting software systems. Ability to perform advanced mathematical and accounting functions. Ability to follow and apply Generally Accepted Accounting Principles (GAAP). Excellent customer service and interpersonal skills; ability to relate to others. Professional verbal and written communication skills. Strong organizational and time management skills. Ability to multi-task. Ability to make quick and effective decisions. Ability to analyze and resolve problems. Ability to set and meet goals. Ability to consistently meet deadlines. Ability to maintain flexibility and creativity in a variety of situations. Ability to maintain confidentiality.

Working Conditions

Hybrid work schedule (3 days minimum per week required in office)

Salary Range

$22.14 - $38.38

Compensation and Benefits

To attract and retain top talent, we're pleased to offer competitive compensation and benefits, including:

Annual bonus program

Health, dental, vision, and life insurance

Long-term and short-term disability insurance

Generous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays

401(k) with company matching contributions

Awesome work environment with casual dress

Team events and gatherings (Pre- and Post-Covid)