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We are looking for a dedicated Property Accountant to join our team in Watertown, Massachusetts. In this role, you will oversee financial operations for real estate properties, ensuring accuracy and compliance with accounting standards. This position offers an opportunity to work with a dynamic team in a fast-paced industry.
Job Responsibility:
Manage the full-cycle accounting process for assigned properties, including monthly, quarterly, and annual financial reporting
Perform month-end close activities, ensuring all transactions are accurately recorded and reconciled
Maintain and update general ledger accounts, ensuring compliance with accrual accounting principles
Utilize Yardi software to track and analyze property financials, generating detailed reports as needed
Prepare and review budgets, forecasts, and variance analyses to support decision-making
Reconcile bank accounts and oversee accounts payable and receivable processes
Collaborate with property management teams to ensure accurate financial documentation and reporting
Conduct audits and reviews to ensure adherence to internal controls and industry standards
Assist in preparing tax filings and other regulatory documentation for properties
Provide recommendations for process improvements to enhance efficiency and accuracy in accounting practices
Requirements:
Bachelor's degree in Accounting, Finance, or a related field
Proven experience in property accounting, preferably within the real estate industry
Proficiency in Yardi software for property management and accounting tasks
Strong understanding of accrual accounting principles and general ledger management
Demonstrated ability to perform month-end close processes accurately and efficiently
Excellent analytical skills with attention to detail in financial reporting and reconciliation
Effective communication and collaboration skills to work with cross-functional teams
Ability to manage multiple priorities and meet deadlines in a fast-paced environment
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