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We are looking for a skilled Property Accountant to join our team in Bethesda, Maryland. In this role, you will collaborate closely with various departments, including Property Management, Lease Administration, and Construction, to ensure accurate financial reporting and compliance. The ideal candidate will have a strong background in accounting and a proactive approach to managing property-related financial tasks.
Job Responsibility:
Perform month-end processes such as bank reconciliations and preparing general journal entries
Coordinate with the accounts payable team to ensure timely vendor payments
Review monthly property financial statements for variances and follow up with property managers to address discrepancies
Monitor and manage timely payments for debt service and escrow accounts
Handle lender reporting requirements accurately and within deadlines
Track portfolio cash balances and oversee daily positive pay decisions
Assist in portfolio acquisitions and dispositions by collaborating with Asset Management and Lease Administration teams
Prepare year-end tax packages to meet filing deadlines
Manage annual real estate tax appeals, jurisdictional income and expense statements, and personal property tax returns
Collaborate with internal teams to provide accurate accounting data and participate in special projects as assigned
Requirements:
Bachelor’s degree in accounting or a related field, or equivalent combination of education and at least two years of accounting experience (real estate experience preferred)
Proficiency with accounting software, with Yardi experience being highly desirable
Strong verbal and written communication skills to interact effectively with internal and external stakeholders
Exceptional organizational skills, with the ability to manage multiple priorities while maintaining attention to detail
Proficiency in Microsoft Office applications, including Word, Excel, Outlook, and Teams
Demonstrated ability to work independently, solve problems, and meet deadlines
Familiarity with accrual accounting and other general accounting practices
Knowledge of property accounting processes and month-end close procedures