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We are looking for a Property Accountant to support financial operations for a real estate portfolio in Memphis, Tennessee. This role will oversee accounting accuracy, reporting deadlines, and cash activity across multiple properties while serving as a key partner to property and ownership teams. The ideal candidate brings strong property accounting experience, sound judgment, and the ability to manage month-end and year-end processes in a fast-paced environment.
Job Responsibility:
Produce complete financial reports for individual assets and broader portfolios, ensuring accuracy and timely delivery
Contribute to quarterly investor packages by preparing supporting schedules and payment-related statements
Partner with accounting, ownership, and property operations teams to develop and maintain property-level financial plans
Compile year-end financial data needed for tax filings and assist with materials related to investor K-1 distribution
Maintain property general ledgers by validating transactions, posting journal entries, and correcting discrepancies as needed
Review invoice classifications and manage the recurring accounts payable cycle on a semi-monthly basis
Track and confirm timely payment of debt obligations, property taxes, and owner distributions while keeping financial records current
Support budget reviews, annual reconciliations, bank reconciliations, cash management, and cash flow analysis for assigned properties
Act as an accounting resource for property teams by answering financial questions, coordinating procedures, and helping deliver training on accounting practices
Requirements:
Demonstrated experience in property accounting, preferably supporting multiple assets or portfolios
Hands-on proficiency with Yardi software in an accounting environment
Strong knowledge of month-end close procedures and accrual-based accounting
Solid understanding of general ledger maintenance, journal entries, accounts payable, and accounts receivable
Ability to prepare and interpret financial statements with a high level of accuracy and attention to detail
Effective communication skills with the ability to collaborate across accounting, property operations, and ownership groups
Strong organizational skills and the ability to manage competing deadlines in a deadline-driven setting