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The Property Accountant is responsible for preparing and reviewing property-level financials and supporting related accounting activities. This role focuses on accurate monthly reporting, compliance with accounting standards, and coordination with internal and external partners.
Job Responsibility:
Prepare and review monthly financial statements for assigned properties
Review general ledger activity, journal entries, and account reconciliations
Analyze variances versus budget and prior periods and resolve discrepancies
Review bank reconciliations, cash activity, and construction draw support
Maintain accurate accounting records in accordance with U.S. GAAP
Support monthly, quarterly, and year-end close processes
Prepare supporting schedules for audits and tax filings
Assist with annual audits and respond to auditor and tax preparer requests
Ensure compliance with partnership agreements, loan covenants, and internal policies
Serve as accounting point of contact for assigned properties
Coordinate with property management and internal teams on financial matters
Assist with process improvements and documentation
Support special projects and additional accounting initiatives as needed
Requirements:
Bachelor's degree in Accounting or related field
5+ years of accounting experience
Solid knowledge of U.S. GAAP
Audit support experience
Strong Excel skills and experience with accounting systems
Strong attention to detail and ability to manage deadlines
Professional communication skills and ability to work independently
Nice to have:
Prior property or real estate accounting experience preferred